On Monday, Hyundai Home Shopping Network Corp. reported a net income of 23.9 billion won (US$18.4 million) for the third quarter, representing a significant decrease of 41.1% from the same period last year.
Operating profit for the July-September period was 16.8 billion won, a plunge of 43.7% year-on-year, and sales dropped 5.1% to 505.1 billion won.
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