Seoul: POSCO DX Co. on Wednesday reported its fourth-quarter net loss of 988 million won (US$693,820), turning from a profit of 20.8 billion won a year earlier.

According to Yonhap News Agency, the company said in a regulatory filing that it posted an operating loss of 1.2 billion won for the October-December period, compared with a profit of 23.2 billion won a year ago. Sales fell 27.9 percent to 260.8 billion won.