Korean shipbuilder Hyundai Mipo Dockyard has posted a deficit in the fourth quarter.

It said the net loss to 31 December was KRW 5.47bn ($4.59m), from a profit of KRW 17bn in 2014.

Revenue was 1 trillion, while operating profit was KRW 8.1bn.

For the full year, its revenue was KRW 4.65 trillion, with operating earnings at KRW 66.6bn.