Korean shipbuilder Samsung Heavy Industries has posted a loss in the third quarter as revenue declined.

It said the net deficit was KRW 80.3bn ($70.5m), as opposed to a profit of KRW 23.4bn in the same period of 2017.

Revenue dropped to KRW 1.31 trillion, against KRW 1.75 trillion the year before.

The operating loss was KRW 127.3bn, compared to positive earnings of KRW 23.6bn