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SKC Q3 Loss Widens, But Sales Rise

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

SKC Co., Ltd. (011790.KS) reported higher loss for the third quarter despite increase in sales.

Net loss from continuing operations before income tax came to 130.8 billion won, compared with a loss of 105.8 billion won in the same period last year.

Operating loss of 52.8 billion won, narrower than a loss 59.5 billion won a year earlier.

The company posted a net loss attributable to shareholders of parent company of 90.7 billion won for the quarter, compared with a loss of 40.7 billion won a year earlier.

Sales increased 14.1% year-on-year to 506 billion won.

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