Reuters, 24 Apr 2009, Kim Yeon-hee
SEOUL, April 24 (Reuters) - South Korea's Hana Financial Group (086790.KS) said on Friday it swung to a loss in the first quarter, reflecting hefty charges against its exposure to a display parts maker and deteriorating interest margins.
Hana, in which Singapore Temasek Holdings [TEM.UL] and Goldman Sachs (GS.N) hold a combined 18 percent stake, posted a 325 billion won ($243 million) net loss in the quarter ended March, versus a 234.7 billion won profit a year earlier.
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