Korea Line Corp (KLC) has seen its third quarter operating profit almost triple to KRW 21bn ($19.1m) compared to 12 months ago.
The bulker and LNG carrier owner said its net profit for the three months increased by more than 530% to KRW 38.2bn. Revenue was up 42% to KRW 175bn.
The improvement in its performance was attributed to increased revenue and a one-off gain stemming from the recovery of account receivables.
