NCSOFT swings to loss in Q4

NCSOFT-Q4 earnings

NCSOFT swings to loss in Q4

SEOUL, Feb. 8 (Yonhap) -- NCSOFT Corp. on Wednesday reported its fourth-quarter net loss of 16.5 billion won (US$13.1 million), shifting from a profit of 121.7 billion won a year earlier.

The company said in a regulatory filing that operating profit for the October-December period fell 56.7 percent on-year to 47.4 billion won. Revenue decreased 27.6 percent to 547.9 billion won.

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