Korea Zinc filed on the 13th that operating profit jumped 82% in the third quarter of this year to 273.4 billion won.
Revenue rose 30% in the same period to 4.1598 trillion won. Net profit came to 70.7 billion won, down 54% from the same period.
Robust precious metals sales and elevated prices in major mineral markets, influenced by China's export control measures, had a positive impact on results.
The decline in net profit reflected foreign exchange gains and losses stemming from the sharp rise in the dollar-won exchange rate.
A Korea Zinc official said, "Based on preemptive investment and portfolio expansion, strategic minerals and precious metals performed well, and the new business institutional sector is also entering a stable track."
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