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Doosan Enerbility Swings to Loss in Third Quarter.


SEOUL: Doosan Enerbility Co. on Wednesday reported its third-quarter net loss of 26.5 billion won (US$19.2 million), marking a shift from a profit of 120.4 billion won in the same period a year earlier.

According to Yonhap News Agency, the company stated in a regulatory filing that it achieved an operating profit of 114.8 billion won for the quarter, which is a decrease from the 311.4 billion won recorded last year. Additionally, the company’s revenue saw a decline of 18.3 percent, totaling 3.39 trillion won.

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