Hyundai Heavy Industries Holdings remains in red in Q4

Hyundai Heavy Industries Holdings-Q4 earnings

Hyundai Heavy Industries Holdings remains in red in Q4

SEOUL, Feb. 7 (Yonhap) -- Hyundai Heavy Industries Holdings Co. on Monday reported its fourth-quarter net loss of 189.6 billion won (US$158.1 million), remaining in the red compared with a year ago.

Operating profit for the October-December period was 64.7 billion, compared with a loss of 315.3 billion won a year ago, the company said in a regulatory filing. Revenue rose 83.8 percent to 8.47 trillion won.

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