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GS Holdings swings to red in Q1

All News 16:01 May 11, 2020

SEOUL, May 11 (Yonhap) -- GS Holdings on Monday reported its first-quarter net loss of 295.2 billion won (US$ 241.9 million), turning from a profit of 205.8 billion won a year earlier.

The company said in a regulatory filing that operating income for the January-March period fell 98.2 percent on-year to 9.5 billion won. Revenue decreased 5 percent to 4.19 trillion won.

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

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