JB Financial Group Co. on Wednesday reported its third-quarter net profit of 197.5 billion won (US$143.1 million), up 14.2 percent from a year earlier.
Operating income for the July-September period was 261 billion won, up 13.2 percent from a year ago, the company said in a regulatory filing. Revenue rose 9.4 percent to 1.14 trillion won.
The earnings beat market expectations. The average estimate of net profit by analysts stood at 178.9 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
Source: Yonhap News Agency