SeAH Steel Holdings Q3 net income down 58.2% to $5.1 mil.

SeAH Goup headquarters in Seoul / Courtesy of SeAH Group

SeAH Goup headquarters in Seoul / Courtesy of SeAH Group

SeAH Steel Holdings on Wednesday reported its third-quarter net income of 6.8 billion won ($5.1 million), down 58.2 percent from a year earlier.

Operating profit for the July-September period was 93.3 billion won, up 134.4 percent from a year ago, the company said in a regulatory filing. Sales rose 32.3 percent to 1.22 trillion won.

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