SEOUL, GS Engineering and Construction Corp. on Wednesday reported its 2023 net loss of 419.3 billion won (US$315 million), shifting from a profit of 441.2 billion won a year earlier. The company said in a regulatory filing that it posted an operating loss of 388.5 billion won for the year, compared with a profit of 554.8 billion won from the previous year. Annual revenue rose 9.2 percent to 13.43 trillion won. Source: Yonhap News Agency
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