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Article: S KOREAN FOOD, DRUG MAKER CJ CHEILJEDANG RETURNS TO PROFIT IN Q3.(Financial report)
- Article from:
- AsiaPulse News
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SEOUL, Oct 29 Asia Pulse - CJ CheilJedang Corp., South Korea's biggest food and drug maker, said Thursday it swung to a profit in the third quarter from a year earlier on the back of profits from equity investments.
Net profit stood at 146 billion won (US$122 million) in the three months to September, compared with a net loss of 25 billion won a year ago, CJ CheilJedang said.
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