Hyundai Department Store remains in red in Q4

SEOUL, Hyundai Department Store Co. on Wednesday reported its fourth-quarter net loss of 198.8 billion won (US$149.8 million), remaining in the red compared with a year ago.Operating income for the October-December period was 96 billion won, up 39.9 percent from a year ago, the company said in a regulatory filing. Sales fell 28.3 percent to 1.13 trillion won.Source: Yonhap News Agency