Hyundai Wia swings to red in Q3

Hyundai Wia-Q3 earnings

Hyundai Wia swings to red in Q3

SEOUL, Oct. 28 (Yonhap) -- Hyundai Wia on Friday reported its third-quarter net loss of 10.6 billion won (US$7.5 million), turning from a profit of 16.7 billion won a year earlier.

The company said in a regulatory filing that it posted 55.7 billion won in operating profit for the quarter, compared with 31.2 billion won a year ago. Sales rose 17.5 percent to 2.08 trillion won.

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