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Net profit stood at 42.4 billion won (US$36 million) in the July-September period, compared with 41.1 billion won a year earlier, the company said in a regulatory filing. Its bottom line, however, fell 7.4 per cent on-quarter.
Sales rose 17.2 per cent on-year to a quarterly record of 480.9 billion won, with operating profit gaining 2.6 per cent to 58.8 billion won, the company said.
Shares of LG Dacom were trading at 19,000 won on the Seoul bourse as of 10:30 a.m., down 0.78 per cent from Monday's close.
The rise in Q3 earnings was attributed to the growth in Internet-based telephone and Internet-protocol television (IPTV) services, as well as its online business units.
LG Dacom said its Internet-based services division saw the largest annual increase in revenues among its business segments, with sales from Internet phone services and IPTV soaring 76 per cent.
LG Dacom is the country's No. 1 provider of Internet telephone service and No. 2 in IPTV by subscribers, according to the company.
(Yonhap)maz
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