SEOUL– Hankook & Company Co. on Tuesday reported its fourth-quarter net loss of 57.9 billion won (US$45.6 million), swinging from a profit of 22.4 billion won a year earlier.
The company said in a regulatory filing that operating income for the October-December period fell 59 percent on-year to 13.9 billion won. Revenue decreased 10 percent to 227.1 billion won.
Source: Yonhap News Agency