Seoul: SK IE Technology Co. on Wednesday reported its first-quarter net loss of 21.6 billion won (US$15.2 million), remaining in the red compared with a year ago.

According to Yonhap News Agency, the company stated in a regulatory filing that it continued to post an operating loss of 69.6 billion won for the January-March period, compared with a loss of 67.4 billion won a year earlier. Despite the ongoing losses, revenue rose 26.2 percent to 58.2 billion won.