KCC Corporation (002380.KS), a building materials provider, on Thursday reported a return to profit in the fourth quarter, despite a decline in sales.
The company posted profit from continuing operations before tax of 567.277 billion won, compared with a loss before tax of 115.676 billion won in the same period last year.
Operating profit declined 32.3% to 66.527 billion won from 98.322 billion won a year earlier.
Net income was 274.837 billion won, reversing from a net loss of 51.160 billion won in the corresponding quarter of the previous year.
Sales declined 6.1% to 1.556 trillion won from 1.657 trillion won a year earlier.
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