Aekyung Industrial Reports 3.3 Billion Won Operating Loss in Q3… Revenue Hits Record High for Q3

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Lee Sang-seo = Aekyung Industrial [018250] recorded a consolidated operating loss of 3.3 billion won in the third quarter of this year, compared to an operating profit of 7.3 billion won during the same period last year.

ddaily.co.kr

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[Digital Daily Reporter Yoo Chae-ri] Although Aekyung Industrial recorded its highest-ever quarterly revenue in the third quarter of this year, it turned to an operating loss. While sales in both the cosmetics and household goods businesses increased by double digits, rising costs and expanded marketing expenses weighed on profitability. According to Aekyung Industrial on the 2nd, consolidated revenue for the third quarter of this year was 190.…