Yuhan Q3 Net Income Falls 20.8% Despite Higher Sales, Operating Income Surges

Yuhan Corp. (000100.KS, 000105.KS) reported Wednesday that third-quarter net income fell 20.8% to KRW 14.35 billion from KRW 18.14 billion a year earlier, even as sales rose. Operating income jumped to KRW 34.75 billion from KRW 24.10 billion, while sales increased to KRW 585.74 billion from KRW 551.13 billion. The South Korean pharmaceutical and chemical manufacturer's shares closed 0.92% higher at KRW 65,800 on the Korean Stock Exchange.