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KB Financial Posts Drop In Q3 Net Profit

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KB Financial Group (NYSE: KB) reported a 29.2% drop in its third-quarter net profit.

KB Financial's quarterly net profit fell to 410.1 billion won ($373.4 million), from KRW579.1 billion, in the year-ago period. However, analysts were expecting a net profit of KRW427.5 billion.

KB Financial shares closed at $34.03 yesterday.

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