Korea Shipbuilding & Offshore Engineering (KSOE) remains in the red but losses have narrowed sharply.
In a regulatory filing, the South Korean shipbuilding group reported a net loss of KRW 295.2bn ($234m) for 2022 despite sales rising by 11.7% to KRW 17.3trn.
The net loss was a huge improvement on the KRW 1.14trn
