Hyundai E&C shifts to loss in Q4

Hyundai E&C-Q4 earnings

Hyundai E&C shifts to loss in Q4

SEOUL, Jan. 19 (Yonhap) -- Hyundai Engineering & Construction Co. on Thursday reported its fourth-quarter net loss of 157.8 billion won (US$127.8 million), swinging from a profit of 126.6 billion won a year earlier.

The company said in a regulatory filing that it posted 81.4 billion won in operating profit for the quarter, compared with 191.3 billion won a year ago. Sales rose 17.4 percent to 6.08 trillion won.

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