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HD Hyundai shifts to loss in Q4

SEOUL, HD Hyundai Co. on Tuesday reported its fourth-quarter net loss of 117 billion won (US$88.2 million), shifting from a profit of 38.8 billion won a year earlier.The company said in a regulatory filing that it posted 357.9 billion won in operating profit for the quarter, compared with 274.5 billion won a year ago. Sales rose 1.2 percent to 16.71 trillion won.Source: Yonhap News Agency