Hyundai Heavy Industries shipyard is seen in Ulsan Metropolitan City. Courtesy of Hyundai Heavy Industries

Hyundai Heavy Industries on Thursday reported its third-quarter net income of 50.4 billion won ($35.4 million), down 1.8 percent from a year earlier.

The company said in a regulatory filing that operating income for the July-September period fell 80.9 percent on-year to 14.3 billion won. Revenue increased 15.9 percent to 2.2 trillion won. (Yonhap)