Korea Shipbuilding & Offshore Engineering remains in red in Q2

Korea Shipbuilding & Offshore Engineering-Q2 earnings

Korea Shipbuilding & Offshore Engineering remains in red in Q2

SEOUL, July 29 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. on Friday reported its second-quarter net loss of 105.6 billion won (US$81.3 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 265.1 billion won for the April-June period, compared with a loss of 897.3 billion won a year earlier. Sales rose 10.3 percent to 4.18 trillion won.

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