Hybe remains in red in Q4

Hybe Co. on Monday reported its fourth-quarter net loss of 53.6 billion won (US$40.3 million), remaining in the red compared with a year ago. Operating profit for the October-December period was 89.3 billion won, up 75.4 percent from a year ago, the company said in a regulatory filing. Sales rose 14.1 percent to 608.6 billion won. Source: Yonhap News Agency