Seoul: Cheil Worldwide Inc. on Thursday reported its third-quarter net profit of 60.8 billion won (US$44 million), marking a decline of 8.2 percent from the same period last year.

According to Yonhap News Agency, the company disclosed in a regulatory filing that its operating profit for the quarter reached 95.6 billion won, a slight increase from 93.4 billion won in the previous year. However, the company’s revenue experienced a marginal drop of 0.5 percent, amounting to 1.07 trillion won for the quarter.