GS E&C reported third-quarter operating profit of 95.5 billion won ($67 million), down 35.7% from 148.5 billion won a year earlier but up 4.6% from the previous quarter. Revenue fell 14.5% to 2.74 trillion won ($1.9 billion). Building and housing revenue declined 18.7% to 1.5 trillion won as fewer new homes were supplied, while plant revenue rose 34.6% to 457 billion won as major domestic and overseas projects moved into full swing. Infrastructure revenue totaled 343.7 billion won. Third-quarter new orders reached 3.96 trillion won, including residential and mixed-use projects, road construction work and 196.2 billion won booked by Polish modular construction subsidiary Danwood. Construction rights secured through the third quarter in urban redevelopment projects totaled about 5.5 trillion won, with GS E&C expecting further orders from prime Seoul projects.