Seoul: GS Engineering and Construction Corp. (GS E and C) on Wednesday reported its fourth-quarter net loss of 30.5 billion won (US$21 million), remaining in the red compared with a year ago.
According to Yonhap News Agency, the company's operating profit for the October-December period was 40.5 billion won, compared with a loss of 193.2 billion won a year ago. Despite the net loss, GS E and C experienced a 2 percent increase in revenue, reaching 3.38 trillion won during the same period.