Heungkuk Fire & Marine Insurance Turns to Loss in Q1... 6.2 Billion KRW Net Loss

[Asia Economy Reporter Oh Hyung-gil] Heungkuk Fire & Marine Insurance reported a preliminary estimate of a net loss of 6.2 billion KRW in the first quarter, marking a turnaround to a deficit, the company announced on the 14th.

Sales amounted to 780 billion KRW, a 1.4% increase compared to the same period last year, while operating loss was recorded at 5.9 billion KRW.

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