POSCO Future M remains in red in Q4

SEOUL, POSCO Future M Co. on Tuesday reported its fourth-quarter net loss of 102.1 billion won (US$76.8 million), remaining in the red compared with a year ago. The company said in a regulatory filing that it posted an operating loss of 73.7 billion won for the October-December period, compared with a profit of 3.3 billion won a year ago. Revenue rose 46.8 percent to 1.14 trillion won. Source: Yonhap News Agency