HL Mando Swings to Q3 Net Loss of KRW 47.06 Billion; Shares Fall 3.8%

HL Mando Corp. (204320.KS) reported a third-quarter net loss attributable to shareholders of KRW 47.06 billion, reversing a net income of KRW 43.68 billion a year earlier, the South Korean auto parts maker said Friday. Shares fell 3.77% to KRW 37,050 on the Korean Stock Exchange. Operating income dropped 45.3% to KRW 51.54 billion from KRW 94.15 billion in the prior year. Sales were flat at KRW 2.32 trillion compared with the same period last year.