Kolon Industries turns to loss in Q4

Kolon Industries Inc. on Tuesday reported its fourth-quarter net loss of 8 billion won (US$6 million), turning from a profit of 25.5 billion won a year earlier. The company said in a regulatory filing that operating income for the October-December period rose 5.9 percent on-year to 40.9 billion won. Revenue decreased 9.8 percent to 1.3 trillion won. Source: Yonhap News Agency