Hanwha Ocean Co. on Friday reported its second-quarter net loss of 27.4 billion won (US$19.8 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 9.6 billion won for the April-June period, compared with a loss of 159 billion won a year earlier. Sales rose 39.3 percent to 2.53 trillion won.

Source: Yonhap News Agency