GS Engineering and Construction remains in red in Q4

SEOUL, GS Engineering and Construction Corp. on Wednesday reported its fourth-quarter net loss of 313.7 billion won (US$235.6 million), remaining in the red compared with a year ago. The company said in a regulatory filing that it posted an operating loss of 193.7 billion won for the October-December period, compared with a profit of 112.1 billion won a year ago. Revenue fell 15.3 percent to 3.32 trillion won. Source: Yonhap News Agency