TLB's consolidated operating profit for the third quarter of this year was preliminarily tallied at KRW 16.595 billion, up 91.8% from the same period last year.

According to the preliminary consolidated operating results disclosed by TLB on the 5th, revenue for the third quarter of this year came to KRW 93.965 billion, up 36.4% from KRW 68.888 billion in the same period last year. Revenue also rose 6.5% compared to the previous quarter's KRW 88.243 billion.

Operating profit increased 91.8% to KRW 16.595 billion from KRW 8.652 billion in the same period last year, and rose 29.9% from the previous quarter's KRW 12.773 billion.

Profit from continuing operations before income tax expense was KRW 13.734 billion, up 58.2% year-on-year and 2.8% from the previous quarter. Net income for the period was KRW 11.703 billion, up 79.1% year-on-year and 8.8% from the previous quarter. Net income attributable to owners of the parent company was KRW 11.729 billion, up 79.5% year-on-year.

Cumulative results for the first through third quarters of this year also rose sharply compared to the same period last year. Cumulative revenue was KRW 258.043 billion, up 38.8% from KRW 185.931 billion a year earlier, while cumulative operating profit was KRW 40.086 billion, up 130.6% from KRW 17.383 billion.

Over the same period, cumulative profit from continuing operations before income tax expense was KRW 38.091 billion, up 143.9% year-on-year. Cumulative net income for the period was KRW 30.93 billion, up 159.5% year-on-year, and net income attributable to owners of the parent company was KRW 31.013 billion, up 159.2%.

Meanwhile, TLB stated that these results are preliminary consolidated operating figures prepared in accordance with Korean International Financial Reporting Standards (K-IFRS). The company explained that the figures are estimates prepared before the completion of the external auditor's review and may be subject to change during the review process.