S-Oil Reports 9.3 Billion KRW Operating Loss in 3Q, Turning Negative Year-on-Year
[Asia Economy Reporter Minwoo Lee] S-Oil announced on the 28th that it recorded provisional consolidated sales of 3.8992 trillion KRW and an operating loss of 9.3 billion KRW for the third quarter of this year. Compared to the same period last year, sales decreased by 37.5% and turned to an operating loss. Net profit for the period was 30.3 billion KRW, down 41.3% during the same period.
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