Shinhan Financial Group on Tuesday reported a third-quarter net income of 1.6 trillion won ($1.2 billion), up 10.9 percent from a year earlier. Operating profit for the July-September period stood at 1.9 trillion won, down 2.4 percent from a year ago, the financial conglomerate said in a regulatory filing. Revenue rose 95.9 percent to 18.64 trillion won. The earnings met market expectations. The average estimate of net profit by analysts stood at 1.61 trillion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.