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March 29, 2024

CJ Logistics’ Q3 operating profit down 16% to W53b

PUBLISHED : November 08, 2018 - 11:26

UPDATED : November 08, 2018 - 11:26

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[DISCLOSURE] CJ Logistics (000120) reported on Nov. 8 that its operating profit in the third quarter declined 15.6 percent to 52.86 billion won (US$47.23 million) from the same period last year.

Its revenue hiked 29.1 percent on-year to 2.42 trillion won while net profit dropped 52.2 percent to 5.17 billion won.

By Hwang You-mee (glamazon@heraldcorp.com)

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