Oci Holdings Third Quarter Net Profit Drops 59.2 Percent to 96.8 Billion Won

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On Thursday, Oci Holdings Co. revealed a third-quarter net income of 96.8 billion won (US$71.2 million), which was a decrease of 59.2 percent from the same time period a year ago.

The company declared in a regulatory filing that the operating profit for July to September decreased 42.2 percent year-on-year to 130.8 billion won, while revenue declined 10.7 percent to 690.3 billion won.
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