Seoul-listed KSS booked net income of KRW4.15bn ($3.9m) for the three months to 30 September down from KRW 2.5bn for thesame stage of 2012.

Operating profit for the period fell to KRW6.35bn KRW 4.73bn while sales dipped to KRW 31.4bn from KRW 29bn a yearearlier.

Shares in the company ended today's trading up 6.5% at KRW 11,400 each.

KSS has 18 mostly Japanese-built LPG and chemical carriers in thewater and two VLGCs under construction at Hyundai Heavy Industries.

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