Dongkuk Steel Mill turns to red in Q4

Dongkuk Steel Mill-Q4 earnings

Dongkuk Steel Mill turns to red in Q4

SEOUL, Feb. 28 (Yonhap) -- Dongkuk Steel Mill Co. on Tuesday reported its fourth-quarter net loss of 135.2 billion won (US$102.2 million), swinging from a profit of 184.4 billion won a year earlier.

Operating income for the October-December period was 95.5 billion won, down 49.2 percent from a year ago, the company said in a regulatory filing. Sales fell 4.2 percent to 2.03 trillion won.

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