GS Retail remains in red in Q4

The logo of GS is seen outside of the GS Tower in this undated file photo. Courtesy of GS
GS Retail on Tuesday reported its fourth-quarter net loss of 118.6 billion won ($89.1 million), remaining in the red compared with a year ago.
The company said in a regulatory filing that operating income for the October-December period fell 13.7 percent on-year to 91.4 billion won. Revenue increased 2.9 percent to 2.93 trillion won. (Yonhap)