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HD Hyundai, the holding company of Korea's leading shipbuilding conglomerate, reported a third-quarter net profit of 1.38 trillion won ($1 billion), up 40 percent from a year earlier, according to the Korea Times on Wednesday. The company said in a regulatory filing that the profit rise was driven by strong performance in its shipbuilding and construction equipment businesses. Korean media outlets also covered related earnings from other major firms on the same day, including LG Electronics (net profit up 53.7%), SK hynix (record profit on AI chip demand), and Shinhan Financial Group (net profit up 10.9%).