Earnings
Earnings
LG Energy Q3 profit at record high on gains from US battery tax credit
Oct 11, 2023 (Gmt+09:00)
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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 -
Electronics
LG Electronics cuts H1 costs by $1.6 billion on stable supply chain
LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable suppl...
Aug 14, 2023 (Gmt+09:00)
1 Min read -
Earnings
Coupang’s Q2 profit soars to a record, driven by e-commerce
Coupang Inc., South Korea’s leading delivery service provider, on Wednesday posted an all-time high quarterly profit and revenue, driven by its...
Aug 09, 2023 (Gmt+09:00)
1 Min read -
Earnings
Lotte Chemical posts fifth straight quarterly operating loss in Q2
South Korea’s Lotte Chemical Corp. has posted an operating loss for a fifth straight quarter due to sluggish petrochemical demand.The company ...
Aug 09, 2023 (Gmt+09:00)
1 Min read -
Fashion
Korean lifestyle brand Andar takes on Xexymix in athleisure market
South Korea's activewear maker Andar posted record quarterly sales of 61.6 billion won ($47 million), moving one step closer to retaking the market l...
Aug 09, 2023 (Gmt+09:00)
2 Min read -
Earnings
SK Telecom’s transition into AI company gains traction
SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady grow...
Aug 08, 2023 (Gmt+09:00)
3 Min read -
Earnings
KT earnings beat estimates in Q2; shares hit 6-month high
KT Corp., South Korea’s leading telecommunications carrier, reported better-than-expected earnings in the second quarter on strong results for ...
Aug 07, 2023 (Gmt+09:00)
2 Min read -
Earnings
Naver posts record Q2 operating profit on e-commerce, content
South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in it...
Aug 04, 2023 (Gmt+09:00)
2 Min read -
Earnings
Tesla supplier L&F’s earnings disappoint; shares down
L&F Co., global electric vehicle leader Tesla Inc.’s battery materials supplier, missed quarterly earnings estimates on sluggish product pr...
Aug 04, 2023 (Gmt+09:00)
2 Min read -
Earnings
KakaoBank posts record H1 profit; costs hurt Kakao Games’ Q2 earnings
KakaoBank Corp., a leading South Korean internet-only bank, saw its first-half net profit rise to a fresh record high, driven by decent growth in int...
Aug 02, 2023 (Gmt+09:00)
3 Min read -
Automobiles
Hyundai, Kia firm up ranking as world's 3rd; first-half profits improve
South Korea’s top automaker Hyundai Motor Group solidified its position as the world’s third-largest carmaker with improved profit margin...
Jul 31, 2023 (Gmt+09:00)
3 Min read -
Earnings
Doosan Bobcat logs strong earnings on N.America price hikes
Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, enjoyed strong earnings on still-soli...
Jul 30, 2023 (Gmt+09:00)
1 Min read -
Earnings
S.Korean tire producers rally on strong demand, low costs
South Korean tire manufacturers enjoyed healthy earnings thanks to strong global demand for electric vehicles and new cars adding to expectations tha...
Jul 28, 2023 (Gmt+09:00)
2 Min read -
Earnings
LG Energy lifts sales guidance; Samsung SDI sees firm growth
South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wit...
Jul 27, 2023 (Gmt+09:00)
4 Min read -
Earnings
Kia revises up 2023 OP target after record Q2 earnings, to expedite EV push
Kia Corp. has revised upwards its operating profit target for this year to up to 12 trillion won ($9.4 billion) after reporting its best-ever quarter...
Jul 27, 2023 (Gmt+09:00)
4 Min read -
Earnings
Samsung Elec shares regain momentum after narrower chip loss in Q2
Samsung Electronics Co. reaffirmed the recovery in the global chip market in the latter half of this year after confirming a downward trend in memory...
Jul 27, 2023 (Gmt+09:00)
6 Min read -
Earnings
Hyundai Steel extends profit streak in Q2 on brisk auto steel sales
Hyundai Steel Co., South Korea’s second-largest steelmaker, plans to ramp up automotive and eco-friendly steel production after posting an oper...
Jul 26, 2023 (Gmt+09:00)
3 Min read -
Automobiles
Hyundai Motor lifts guidance after record-high Q2 results
South Korea’s Hyundai Motor Co. on Wednesday posted its highest-ever quarterly profit, which came in above market expectations, driven by robus...
Jul 26, 2023 (Gmt+09:00)
3 Min read -
Earnings
SK Hynix logs loss for 3rd straight quarter in Q2 but eyes recovery in H2
SK Hynix Inc. reported an operating loss in the second quarter of this year, extending its losing streak to three consecutive quarters and inflating ...
Jul 26, 2023 (Gmt+09:00)
4 Min read -
Earnings
Hyundai E&C beats Q2 profit estimates on strong foreign deals
Hyundai Engineering & Construction Co., South Korea’s leading builder, reported better-than-expected profit in the second quarter thanks to...
Jul 21, 2023 (Gmt+09:00)
2 Min read -
Earnings
LG Elec Q2 profit misses forecast on costs; stocks tumble
LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs related to job cuts, s...
Jul 07, 2023 (Gmt+09:00)
2 Min read -
Earnings
Samsung chip turnaround likely in second half after dismal Q2
Samsung Electronics Co. expects to see light at the end of the tunnel with a likely turnaround of its mainstay chip business in the second half after...
Jul 07, 2023 (Gmt+09:00)
3 Min read -
Earnings
S.Korean karaoke machine leader TJ Media enjoys post-pandemic boom
South Koreans’ love for singing is no secret, and with the lifting of social-distancing rules in the post-pandemic era their suppressed desire ...
May 26, 2023 (Gmt+09:00)
2 Min read -
Automobiles
Hyundai Motor union demands higher wages on record earnings
Historically, Hyundai Motor Co.'s labor union has been among the most hardline in South Korea's corporate wage negotiations.Despite the relatively la...
May 25, 2023 (Gmt+09:00)
3 Min read -
Earnings
Nexon beats major Korean rivals with China market, PC games
Gaming giant Nexon Co. is dwarfing major South Korean rivals thanks to its success in China and PC titles.Nexon, a South Korean-Japanese game publish...
May 12, 2023 (Gmt+09:00)
1 Min read -
Earnings
KEPCO vows to save $19 bn in 5 yrs; CEO offers to resign over swelling losses
South Korea’s state-run utility monopoly Korea Electric Power Corp. (KEPCO) on Friday vowed to save nearly 26 trillion won ($19.5 billion) over...
May 12, 2023 (Gmt+09:00)
4 Min read -
Earnings
Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1
Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global ec...
May 11, 2023 (Gmt+09:00)
2 Min read
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