Doosan Heavy Q1 net loss widens on weaker won

SEOUL, May 8 (Yonhap) -- Doosan Heavy Industries & Construction Co., South
Korea's largest power-equipment maker, said Friday that its first-quarter losses
widened due to a weaker won and losses from equity ties with affiliates.

Net loss widened to 179 billion won (US$141 million) in the January-March period
from a loss of 39 billion won a year earlier, the company said in a regulatory
filing.
Sales rose 48 percent to 1.43 trillion won over the cited period, and operating
income more than doubled to 94.6 billion won.
sam@yna.co.kr
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