Seoul-listed Mipo, which has been piling up the orders oflate, booked a net deficit of KRW 58.8bn ($55.4m) for the three months to 30September reversing a KRW 33.2bn profit in the same period of 2012, accordingto a regulatory filing.
Analysts polled by Bloomberg had predicted a KRW 33.3bn loss,however the result is a big improvement on the KRW 129bn hit sustained in theprevious quarter.
Onan