Yonhap News AgencyOctober 28, 2013 01:01
SEOUL, Oct. 28 (Yonhap) -- LG Uplus Corp., South Korea's No. 3 mobile carrier, said on Monday it swung to the black in the third quarter from a year earlier largely thanks to increased profit from its wireless service.
Net profit reached 75.6 billion won (US$71.2 million) in the July-September period, compared with a loss of 38.4 billion won a year earlier, the company said in a regulatory filing.
Sales rose 2.1 percent on-year to 2.88 trillion won in the third quarter, and operating income reached 149 billion won, shifting from an operating loss of 10 billion won.