SsangYong Motor Q4 net losses widen on weaker demand

  • SsangYong Motor Co. on Friday said its net losses widened in the fourth quarter from a year earlier due to lower demand.
  • Sales fell 13 percent to 919.2 billion won from 1.05 trillion won over the same period.
  • Operating losses widened to 281.9 billion won from 64.2 billion won, while sales fell 2.2 percent to 3.62 trillion won from 3.7 trillion won.

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