Samsung Heavy Industries remains in red in Q3

SEOUL– Samsung Heavy Industries Co. on Friday reported its third-quarter net loss of 201.6 billion won (US$141.8 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 167.9 billion won for the July-September period, compared with a loss of 110.2 billion won a year earlier. Sales fell 5.7 percent to 1.4 trillion won.

Source: Yonhap News Agency

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