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SK IE Technology Reports Significant Loss in Third Quarter.


Seoul: SK IE Technology Co. on Monday reported its third-quarter net loss of 36 billion won (US$26.3 million), remaining in the red compared with a year ago.

According to Yonhap News Agency, the company said in a regulatory filing that it posted an operating loss of 73 billion won for the July-September period, compared with a profit of 7.9 billion won a year ago. Sales fell 72.1 percent to 50.8 billion won.