By Kwanwoo Jun
Hyundai Mobis Co. Ltd.'s (012330.SE) third-quarter net profit jumped 29% on year as it enjoyed solid revenue growth thanks to robust demand for after-sales parts and electric components for vehicles.
Net profit for the quarter was 581.86 billion Korean won ($497.0 million), the South Korean auto parts maker said Thursday.
The result was below the consensus forecast for net profit of KRW618.90 billion, according to FactSet.
Third-quarter revenue rose 12% on year to KRW9.445 trillion and operating profit rose 31% on year to KRW603.90 billion.
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