Shares of LG Innotek (KRX:011070) jumped nearly 7% in Friday morning trade, a day after the company reported higher net attributable income in the third quarter.
The South Korean materials and components manufacturer posted Q3 net income attributable to shareholders of 128.4 billion won, up 22% from 105 billion won a year earlier.
Sales declined 5.6% year over year to 5.369 trillion won from 5.685 trillion won, according to a Thursday filing with the Korea Exchange.