TheSouth Korean shipbuilder was dogged by a KRW71bn in foreign exchange lossesagainst a KRW117bn gain a year ago.
Thecompany was also forced to make almost KRW100bn in provisions against poorlyperforming subsidiaries.
Itrecorded a KRW26bn provision on its shipping operation KLDS Maritime andKRW37.5bn related to the resale of two ex-TMT VLCC newbuildings.
Revenuesfor the third quarter came in at KRW3.2 trillion, a 4.2% decline on the KRW3.3trillion
