In a consensus estimate of 10 analysts by Yonhap Infomax, the financial news arm of Yonhap News Agency, Korean Air is forecast to record 176.8 billion won (US$150mil or RM628.27mil) in operating profit in the July-September period, a turnaround from an operating loss of 31.4 billion won (RM111.44mil) in the same period a year ago.
SEOUL: South Korea’s full service carriers, including Korean Air Lines Co, are predicted to post strong earnings in the third quarter of the year on the back of a rise in air cargo rates, analysts said.
In a consensus estimate of 10 analysts by Yonhap Infomax, the financial news arm of Yonhap News Agency, Korean Air is forecast to record 176.8 billion won (US$150mil or RM628.27mil) in operating profit in the July-September period, a turnaround from an operating loss of 31.4 billion won (RM111.44mil) in the same period a year ago.
Limited time offer:
Just RM5 per month.
