Earnings
Korean chipmakers
Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
Apr 30, 2025 (Gmt+09:00)
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Earnings
Shinhan Financial’s overseas business blooms, on track for record earnings
Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net ...
Apr 28, 2025 (Gmt+09:00)
2 Min read -
Earnings
S.Korea’s top 4 financial holding firms cheer upbeat Q1 results
South Korea’s top four financial holding companies – Shinhan, KB, Hana and Woori – reported stellar earnings for the first quarter,...
Apr 25, 2025 (Gmt+09:00)
3 Min read -
Earnings
Kia maintains double-digit margin in Q1 with record revenue
Kia Corp., South Korea’s second-largest automaker, extended its double-digit profit margin streak to a 10th consecutive quarter, posting record...
Apr 25, 2025 (Gmt+09:00)
2 Min read -
Earnings
Hyundai Motor posts solid Q1; rough road ahead on Trump's auto tariffs
South Korea’s top automaker Hyundai Motor Co. defied mounting global trade headwinds and a fresh round of US import tariffs to deliver record f...
Apr 24, 2025 (Gmt+09:00)
4 Min read -
Earnings
KB Financial logs 61% profit growth, rebounding from ELS fiasco
KB Financial Group Inc. on Thursday reported a 61% jump in first-quarter profit, led by a nearly threefold rise in earnings at its flagship unit Kook...
Apr 24, 2025 (Gmt+09:00)
1 Min read -
Earnings
SK Hynix’s Q1 profit soars on HBM chips, beats Samsung’s overall earnings
SK Hynix Inc., the world’s second-largest memory chipmaker, reported a dramatic surge in first-quarter profits on Thursday, delivering the seco...
Apr 24, 2025 (Gmt+09:00)
3 Min read -
Earnings
Samsung’s Q1 profit beats expectations; Q2 outlook murky on tariff war
Samsung Electronics Co., the world’s largest memory chipmaker, posted stronger-than-expected first-quarter operating profit on Tuesday, boosted...
Apr 08, 2025 (Gmt+09:00)
3 Min read -
Automobiles
Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off
South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports f...
Mar 10, 2025 (Gmt+09:00)
3 Min read -
Earnings
Coupang posts profit for 2 straight years in 2024 on new growth drivers
Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, ended last year with profit for the second straight year thanks to th...
Feb 26, 2025 (Gmt+09:00)
4 Min read -
Earnings
Meritz cheers record profit in 2024, boasts top 3 market cap
Meritz Financial Group Inc. has reported its best-ever net profit for last year thanks to handsome gains from investments by its insurance and securi...
Feb 20, 2025 (Gmt+09:00)
3 Min read -
Corporate investment
LX International seeks to acquire nickel, copper mines in Indonesia
LX International Corp., the trading unit of South Korea’s LX Group, said on Friday it is seeking to acquire a nickel mine and a copper mine in ...
Feb 07, 2025 (Gmt+09:00)
2 Min read -
Earnings
Hanwha Systems posts record earnings in 2024 on brisk defense sales
Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems in...
Feb 07, 2025 (Gmt+09:00)
2 Min read -
Earnings
Shinhan Bank reclaims top spot as S.Korea’s leading lender
Shinhan Bank, a key arm of Shinhan Financial Group, reclaimed its position as South Korea’s top lender posting its largest-ever profit in 2024,...
Feb 07, 2025 (Gmt+09:00)
2 Min read -
Earnings
Naver founder to return as board chair; 2024 earnings solid
Lee Hae-jin, the founder of South Korea’s No. 1 internet portal operator Naver Corp., is set to return to the company to lead the board amid th...
Feb 07, 2025 (Gmt+09:00)
4 Min read -
Beauty & Cosmetics
Korean beauty giants Amorepacific, LG H&H come back from China woes
South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business pe...
Feb 06, 2025 (Gmt+09:00)
3 Min read -
Earnings
Hana Financial to buy back $280 mn shares after record 2024
Hana Financial Group will buy back 400 billion won ($280 million) worth of shares to retire, marking its largest-ever repurchase, in line with ongoin...
Feb 05, 2025 (Gmt+09:00)
1 Min read -
Earnings
Korean financial holding firms log record-high profits in 2024
South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest income...
Feb 04, 2025 (Gmt+09:00)
2 Min read -
Earnings
Samsung to focus on HBM, other high-end chips after weak Q4 earnings
Samsung Electronics Co., the world’s largest memory chipmaker, on Friday vowed to cut its production of legacy chips and increase sales of prem...
Jan 31, 2025 (Gmt+09:00)
4 Min read -
Earnings
Hanwha Ocean swings to profit, seeks 6 US Navy MRO projects
Hanwha Ocean Co., a South Korean warship builder, said on Friday it swung to profit in 2024 for the first time in four years, driven by increased sal...
Jan 24, 2025 (Gmt+09:00)
3 Min read -
Earnings
Kia hits record 2024 sales; profit margins highest among global automakers
South Korea’s second-largest automaker Kia Corp. on Friday posted its highest-ever annual sales, operating profit and profit margins in 2024, d...
Jan 24, 2025 (Gmt+09:00)
3 Min read -
Earnings
Hyundai Motor logs record sales for two straight years on SUVs, hybrids
South Korea’s top automaker Hyundai Motor Co. on Thursday posted its largest-ever sales for a second consecutive year, driven by robust sales o...
Jan 23, 2025 (Gmt+09:00)
3 Min read -
Earnings
SK Hynix surpasses Samsung with record-high profit in Q4
SK Hynix Inc., the top supplier of high-bandwidth memory (HBM) chips to Nvidia Corp., on Thursday reported its highest-ever quarterly profit of 8.08 ...
Jan 23, 2025 (Gmt+09:00)
2 Min read -
Earnings
Samsung Biologics posts record 2024 sales, operating profit as it goes global
South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, on Wednesday posted its largest-ever annual sales and operating pr...
Jan 22, 2025 (Gmt+09:00)
3 Min read -
Earnings
LG Energy logs 1st quarterly loss in over 3 years, outlook remains gloomy
LG Energy Solution Ltd. reported its first quarterly loss in more than three years on Thursday, adding to concerns that the world’s third-large...
Jan 09, 2025 (Gmt+09:00)
2 Min read -
Earnings
Samsung’s Q4 profit misses expectations; Stock rises
Samsung Electronics Co. flagged weaker-than-expected earnings for the last quarter of last year due to a fall in memory chip prices and soft demand f...
Jan 08, 2025 (Gmt+09:00)
3 Min read -
Earnings
Coupang posts record quarterly sales, swings to Q3 operating profit
Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, posted its highest quarterly sales in the third quarter and swung to ...
Nov 06, 2024 (Gmt+09:00)
3 Min read -
Earnings
HYBE Q3 profit down; foresees better 2025 after BTS’ military discharges
HYBE Co., the K-pop behemoth behind BTS, suffered a double-digit profit fall in the third quarter amid an ongoing feud with Min Hee-jin, the creative...
Nov 05, 2024 (Gmt+09:00)
2 Min read -
Earnings
Samsung Bioepis Q1 sales surpass $362 mn in US, Europe
Samsung Bioepis Co. reported that its quarterly overseas sales of key biosimilars exceeded 500 billion won ($362 million), according to figures rele...
Nov 04, 2024 (Gmt+09:00)
1 Min read -
Earnings
Samsung’s memory business fares better in Q3; more HBM sales ahead
Samsung Electronics Co. reported weaker-than-expected operating profit in its chip business in the third quarter but expects a rise in sales of its h...
Oct 31, 2024 (Gmt+09:00)
5 Min read
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