Korea Gas swings to loss in Q4

Korea Gas Corp. on Tuesday reported its fourth-quarter net loss of 657.3 billion won (US$493.8 million), swinging from a profit of 887.7 billion won a year earlier. The company said in a regulatory filing that operating income for the October-December period fell 52.6 percent on-year to 529.6 billion won. Sales decreased 41.6 percent to 10.6 trillion won. Source: Yonhap News Agency