Hyundai Home Shopping Network swings to loss in Q4

SEOUL, Feb. 10 (Yonhap) -- Hyundai Home Shopping Network Corp. on Monday reported its fourth-quarter net loss of 21.1 billion won (US$ 17.8 million), turning from a profit of 64.1 billion won a year earlier.

The company said in a regulatory filing that it posted 30.1 billion won in operating profit for the quarter, compared with 24.9 billion won a year ago. Sales rose 116.3 percent to 580.9 billion won.

※ This article was generated by Yonhap's proprietary algorithm using data from Yonhap Infomax and Korea Exchange(KRX).
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