Korea Aerospace remains in red in Q4

Korea Aerospace-Q4 earnings

Korea Aerospace remains in red in Q4

SEOUL, Feb. 11 (Yonhap) -- Korea Aerospace Industries Ltd. on Friday reported its fourth-quarter net loss of 19.7 billion won (US$16.4 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 13.4 billion won for the October-December period, compared with a loss of 10.8 billion won a year earlier. Revenue rose 4.6 percent to 796.9 billion won.

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