Hankook Tire announced its consolidated financial results for July-September 2016. Sales reached KRW 1.65 trillion, a 3.9% decrease from the KRW 1.72 trillion generated in the same period in 2015. However, operating profit reached KRW 297.1 billion, an increase of 23.0% on a year-over-year basis. According to the company, the rise in profit is attributable to growth in percentage of ultra high-...