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DL E&C Reports Q3 Net Loss Amid Decline in Sales and Operating Profit

Seoul:South Korean builder DL Engineering and Construction Co. reported a net loss of 26.7 billion won (US$20 million) for the third quarter, marking a significant shift from a profit of 126.3 billion won in the same period a year ago.

According to Yonhap News Agency, the company's operating profit for the July-September period was 107.3 billion won, representing an 8.1 percent decrease compared to the previous year. Additionally, sales fell by 21 percent, totaling 1.5 trillion won, as disclosed in a regulatory filing.

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