Fila Korea turned around to a net loss of 17,884 million Korean won (€14.6m-$15.4m) in the third quarter ended Sept. 30 from a net profit of KRW 21,370 million in the year-ago period. Revenues increased by 4 percent to KRW 196,383 million (€157.6m-$166.2m), but they fell by 13 percent at Fila Korea. Fila USA raised its sales by 7 percent. Adjusted royalty income dropped by 7 percent to KRW 9,219 million (€7.5m-$8.0m). Meanwhile, partly owned Acushnet had a net loss of KRW 1,896 million (€1.5m-$1.6m) for the period against net income of KRW 8,125 million, as its sales went down by 7 percent to KRW 319,961 million (€261.3m-$276.0m).

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