SKC remains in red in Q1

SKC Ltd. on Friday reported its first-quarter net loss of 28 billion won (US$20.4 million), remaining in the red compared with a year ago. The company said in a regulatory filing that it continued to post an operating loss of 76.2 billion won for the January-March period, compared with a loss of 28.9 billion won a year earlier. Sales fell 13.4 percent to 415.2 billion won. Source: Yonhap News Agency