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The Korea Herald
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THE INVESTOR
April 19, 2024

Market Now

Hyundai IBT turns to red with W7b operating loss

  • PUBLISHED :February 22, 2017 - 09:41
  • UPDATED :February 22, 2017 - 09:41
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[DISCLOSURE] Hyundai IBT (048410) reported on Feb. 21 that its operating loss in 2016 reached 6.96 billion won (US$6.10 million) turning to red from the previous year. 

Its revenue fell 11.2 percent on-year to 36.10 billion won and net loss came in at 8.4 billion won turning to red from a year ago.

(theinvestor@heraldcorp.com)

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