Kangwon Land shifts to black in Q4

Kangwon Land-Q4 earnings

Kangwon Land shifts to black in Q4

SEOUL, Feb. 9 (Yonhap) -- Kangwon Land Inc. on Thursday reported its fourth-quarter net income of 9.2 billion won (US$7.3 million), swinging from a loss of 11 billion won a year earlier.

Operating income for the October-December period was 18.4 billion, compared with a loss of 20.1 billion won a year ago, the company said in a regulatory filing. Sales rose 38.2 percent to 334.7 billion won.

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