Hanatour Service shifts to red in Q3

SEOUL– Hanatour Service Inc. on Tuesday reported a third-quarter net loss of 22.2 billion won (US$15.6 million), shifting from a profit of 49.4 billion won a year earlier.

The company said in a regulatory filing that it continued to post an operating loss of 21.8 billion won for the July-September period, compared with a loss of 26.5 billion won a year earlier. Sales rose 225.3 percent to 37.4 billion won.

Source: Yonhap News Agency

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