BNK Financial Group swings to loss in Q4

The headquarters of BNK Financial Group in Busan / Yonhap

BNK Financial Group Inc. on Monday reported its fourth-quarter net loss of 18.7 billion won ($14 million), shifting from a profit of 58 billion won a year earlier.

The company said in a regulatory filing that it posted an operating loss of 67.7 billion won for the October-December period, compared with a profit of 90.4 billion won a year ago.

Revenue rose 30.6 percent to 2.42 trillion won. (Yonhap)