While business around the globe continues to show momentum, North America suffered a 36% decline in revenue and swung to a loss from a profit in Q4 as the company overall reported a more than 12-fold increase in profit to KRW 51,512 million ($38.7 mm) from KRW 3,873 million on sales of KRW 789,557 million ($593.5 mm), up 4% from KRW 761,678 million. For the full year ended Dec. 31, net income including the majority-owned Acushnet business rose 61% to KRW 388,144 million ($291.8 mm) from KRW 210,050 million with revenue up 17% to KRW 3,450,422 million ($2,593.7 mm) from ... Log in to view full article.