Seoul: Lotte Chilsung Beverage Co. on Monday reported its fourth-quarter net loss of 21.7 billion won (US$14.9 million), swinging from a profit of 35.3 billion won a year earlier. The company detailed these financial results in a regulatory filing.
According to Yonhap News Agency, the company also revealed that its operating income for the October-December period rose 15.6 percent on-year to 9.2 billion won. Additionally, sales for the quarter saw a marginal increase of 0.5 percent, reaching 923.3 billion won.