S-Oil swings to red in Q3

S-Oil-Q3 earnings

S-Oil swings to red in Q3

SEOUL, Oct. 27 (Yonhap) -- S-Oil Corp. on Thursday reported its third-quarter net loss of 9.6 billion won (US$6.7 million), shifting from a profit of 334.5 billion won a year earlier.

Operating profit for the July-September period was 511.7 billion won, down 6.9 percent from a year ago, the company said in a regulatory filing. Revenue rose 56.3 percent to 11.12 trillion won.

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