KOGAS Q3 net profit soars 213.8% to $204.6 mil.

Korea Gas Corp. (KOGAS), Korea's natural gas monopoly, on Thursday reported its third-quarter net profit of 272.4 billion won ($204.6 million), a surge of 213.8 percent from a year earlier.

Operating income for the July-September period was 587.8 billion won, up a sharp 51.1 percent from a year ago, the public utility company said in a regulatory filing. Revenue also rose 17.8 percent to 7.5 trillion won.

The operating profit was 18.9 percent higher than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The estimate of net profit was not available.