Earnings
Earnings
LG Electronics likely ahead of Whirlpool with record 2023 sales
Jan 26, 2024 (Gmt+09:00)
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Earnings
Hyundai Motor, Kia: S.Korea’s highest earners, Tesla’s biggest rival in US
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, became the country’s highest earners in 2023, buoyed by robust sal...
Jan 25, 2024 (Gmt+09:00)
5 Min read -
Earnings
SK Hynix swings to profit; sees 60% surge in HBM demand
SK Hynix Inc. turned a profit in the last quarter of 2023, reversing losses over the past four quarters as high-performance chips such as double data...
Jan 25, 2024 (Gmt+09:00)
3 Min read -
Earnings
Kia posts record 2023 sales, profit with bold 2024 business targets
Kia Corp., South Korea’s second-largest automaker, on Thursday posted record 2023 profit and sales revenue, driven by strong sales of pricey mo...
Jan 25, 2024 (Gmt+09:00)
2 Min read -
Earnings
Taihan Cable sees best profit in 15 years on foreign orders
Taihan Cable & Solution Co., a major South Korean cable manufacturer, on Tuesday said its 2023 operating profit hit the largest level in 15 years...
Jan 23, 2024 (Gmt+09:00)
2 Min read -
Earnings
Disappointing LG Energy earnings dim outlook amid weak EVs
LG Energy Solution Ltd., the world’s second-largest battery maker, disappointed investors with quarterly earnings on the sluggish global electr...
Jan 09, 2024 (Gmt+09:00)
3 Min read -
Earnings
Samsung’s narrowed Q4 chip losses fuel bullish 2024 outlook
Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Tuesday its chip business losses significantly...
Jan 09, 2024 (Gmt+09:00)
4 Min read -
Earnings
LG Electronics posts record 2023 sales, Q4 profit misses forecasts
LG Electronics Inc. on Monday posted record-high 2023 revenue thanks to robust sales of home appliances and vehicle components, although its fourth-q...
Jan 08, 2024 (Gmt+09:00)
2 Min read -
Earnings
POSCO International foresees record-high profits for 2023
POSCO International Corp., a South Korean general trading and energy exploration company, is expected to post its highest-ever profits this year than...
Dec 10, 2023 (Gmt+09:00)
2 Min read -
Earnings
Kakao bets on AI bot for breakthrough
Kakao Corp., the operator of South Korea’s dominant chat app KakaoTalk, will seek a breakthrough with an artificial intelligence-powered bot af...
Nov 09, 2023 (Gmt+09:00)
4 Min read -
Earnings
SK Telecom’s Q3 profit up on brisk data center, cloud sales
SK Telecom Co.'s third-quarter operating profit increased 7% on-year, becoming the only South Korean mobile carrier posting an on-year gain in profit...
Nov 08, 2023 (Gmt+09:00)
3 Min read -
Earnings
Coupang on track to post first-ever annual profit in 2023
South Korean e-commerce giant Coupang Inc. on Tuesday reported $87 million in operating profit in the third quarter, its third consecutive quarterly ...
Nov 08, 2023 (Gmt+09:00)
3 Min read -
Earnings
Celltrion enjoys record earnings on healthy biosimilar biz
South Korean pharmaceutical giant Celltrion Inc. logged record quarterly earnings on the strong performance of its key biosimilar products while expe...
Nov 07, 2023 (Gmt+09:00)
3 Min read -
Earnings
Korean tire makers post double-digit Q3 profit margins; outlook bright
South Korea’s three leading tire makers posted their highest-ever quarterly profit margins in the third quarter, boosted by tire price hikes, f...
Nov 06, 2023 (Gmt+09:00)
2 Min read -
Earnings
SK Innovation targets profit from EV battery unit in Q4
SK Innovation Co., South Korea’s top energy company, said its electric vehicle (EV) battery subsidiary aims to turn to the black in the fourth ...
Nov 03, 2023 (Gmt+09:00)
3 Min read -
Earnings
Naver posts record Q3 sales, profit on e-commerce
South Korea’s web portal giant Naver Corp. on Friday posted record sales and operating profit in the third quarter, driven by robust sales grow...
Nov 03, 2023 (Gmt+09:00)
3 Min read -
Earnings
Hyundai Motor Group units’ profits double as Chung enters 4th year
South Korea’s Hyundai Motor Group saw the combined operating profit of its 11 affiliates more than double in the third quarter as Chairman Chun...
Nov 02, 2023 (Gmt+09:00)
3 Min read -
Earnings
Harman’s record profits prop up Samsung's Q3 earnings
Samsung Electronics Co., the world’s largest memory chip maker, on Tuesday reported a triple-digit quarterly increase in third-quarter profit t...
Oct 31, 2023 (Gmt+09:00)
3 Min read -
Earnings
S-Oil basks in hefty Q3 profit, expects strong winter demand
S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., said on Monday it swung to a net profit in the third quarter from a loss the year earlie...
Oct 30, 2023 (Gmt+09:00)
3 Min read -
Earnings
LG Elec’s automotive business logs record quarterly profit
LG Electronics Inc., the leading global home appliance maker, said its automotive division enjoyed all-time high quarterly profit in the most recent ...
Oct 27, 2023 (Gmt+09:00)
2 Min read -
Earnings
Kia’s Q3 profit soars; groupwide design centers revamped
Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks to...
Oct 27, 2023 (Gmt+09:00)
3 Min read -
Earnings
Samsung Electro-Mechanics sees share price target cut
South Korean brokerages have downgraded their target prices for Samsung Electro-Mechanics, following a significant earnings shock in the third quarte...
Oct 27, 2023 (Gmt+09:00)
1 Min read -
Earnings
Hyundai’s record Q3 profit beats Samsung; no EV output cut planned
Hyundai Motor Co. on Thursday posted its highest-ever quarterly operating profit for the July-September period, driven by robust sales of pricey cars...
Oct 26, 2023 (Gmt+09:00)
4 Min read -
Earnings
SK Hynix logs Q3 losses; to ship LPDDR5T to Qualcomm
SK Hynix Inc., the world’s No. 2 memory chipmaker, on Thursday reported its fourth straight quarterly loss, but narrowed the shortfall thanks t...
Oct 26, 2023 (Gmt+09:00)
3 Min read -
Earnings
LG Display narrows Q3 losses, sees turnaround in Q4
LG Display Co. said on Wednesday it will likely turn a profit in the fourth quarter of this year, snapping its losing streak of the past six quarters...
Oct 25, 2023 (Gmt+09:00)
2 Min read -
Earnings
KB Financial beats profit forecast on higher interest rates
KB Financial Group Inc., South Korea’s top financial holding company by assets, on Tuesday reported better-than-expected net profit in the thir...
Oct 24, 2023 (Gmt+09:00)
2 Min read -
Earnings
LG Energy Q3 profit at record high on gains from US battery tax credit
LG Energy Solution Ltd., one of the world’s leading battery makers, said on Wednesday its operating profit soared to a record high in the thir...
Oct 11, 2023 (Gmt+09:00)
3 Min read -
Earnings
Samsung Electronics’ narrowed Q3 chip losses fuel more bullish outlook
Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Wednesday it likely posted a 78% drop in its ...
Oct 11, 2023 (Gmt+09:00)
3 Min read -
Earnings
LG Elec beats earnings estimates on healthy automotive biz
LG Electronics Inc., the leading global home appliance maker, reported better-than-expected quarterly earnings thanks to the strong automotive busine...
Oct 10, 2023 (Gmt+09:00)
2 Min read -
Earnings
Brokerages cut E-Mart’s share price target after disappointing Q2
South Korea’s largest hypermarket chain E-Mart Inc., a unit of domestic retail giant Shinsegae Group, on Wednesday posted disappointing second-...
Aug 16, 2023 (Gmt+09:00)
2 Min read
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