Doosan swings to red in Q1

SEOUL, May 14 (Yonhap) -- Doosan Co. on Thursday reported its first-quarter net loss of 379.9 billion won (US$ 309.3 million), shifting from a profit of 54.9 billion won a year earlier.

Operating income for the January-March period was 90.9 billion won, down 74.4 percent from a year ago, the company said in a regulatory filing. Sales fell 1.2 percent to 4.42 trillion won.

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