CS Wind shifts to loss in Q1

CS Wind Corp. on Thursday reported its first-quarter net loss of 40.4 billion won (US$29.5 million), turning from a profit of 8.1 billion won a year earlier. The company said in a regulatory filing that it posted an operating loss of 9.5 billion won for the January-March period, compared with a profit of 24.5 billion won a year ago. Sales rose 110.2 percent to 736.7 billion won. Source: Yonhap News Agency