operating profit

LG Electronics Inc., a leading South Korean electronics maker, on Thursday posted its highest quarterly operating profit and sales for the April-Jun...

South Korea's four major oil refiners—SK Energy, GS Caltex, S-Oil Corp., and HD Hyundai Oilbank—achieved a record high in petroleum pr...

Hyundai Motor Group, the world’s third-largest carmaker, plans to increase prices of the existing low-cost electric vehicles in the second hal...

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Thursday it has made a significant turnaroun...

LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, reduced stakes in its vendors while cut...

South Korea’s largest financial holding group KB Financial Group Inc. has logged its record quarterly profit in the April-June period, thanks ...

South Korea's Lotte Tour Development Co. announced on Tuesday that it signed a charter agreement with global cruise line Costa Cruises to operate a ...

In the flat panel market, South Korea’s two display makers – LG Display Co. and Samsung Display Co. – have been bleeding for years...

South Korea's CJ CheilJedang Corp. announced on Monday that it will open Bibigo Market at the Korea House operated in Paris during the Olympics to p...

South Korean cosmetics original development and design manufacturers (ODMs) such as Cosmax Inc., Kolmar Korea Co. and Cosmecca Korea Co. are estimat...

Lotte Card Co., South Korea’s No. 5 credit card issuer, is enjoying its first monthly profit in Vietnam after offering various financial produ...

South Korea's HMM Co. announced on Monday that it launched a new Far East Latin America Express (FLX) container service bound for Mexico.The service...

South Korea's Lotte Department Store announced on Sunday that it will introduce artificial intelligence (AI) across all internal operations, aiming ...

South Korea’s Hyundai Motor Co. is set to become the largest shareholder of a local hydrogen-powered-vehicle charging station operator to boos...

Born in South Korea but blowing up abroad, the Routinery app is designed to make small changes in users' daily routines to make a big difference in ...

South Korea's digital service company CJ OliveNetworks announced on Thursday that it secured a contract to operate IT services for Seegene Inc., a t...

South Korea's Hanwha Global, the global division of Hanwha Corp. and KT Corp. announced on Monday that they signed a memorandum of understanding (...

LG Energy Solution Ltd., one of the world’s top three battery makers, on Monday posted a smaller quarterly profit, hurt by sluggish global ele...

South Korea’s No. 2 petrochemicals manufacturer Lotte Chemical Corp. is set to more than halve its basic chemicals business by 2030 in its por...

South Korean tech giant LG Electronics Inc. is expected to log its record second-quarter revenue and operating profit thanks to robust sales of home a...

South Korean tech giant Samsung Electronics Co. on Friday flagged a more than 15-fold increase in its second-quarter operating profit as the artific...

Meritz Financial Group Inc. became the first South Korean financial holding company to unveil a concrete shareholder return plan, pledging to alloca...

Danggeun Market Inc., South Korea’s largest online flea market service provider, is expanding its online used-goods marketplace app Karrot acr...

Jollibee Foods Corp., the Philippines’ largest fast-food chain, is set to take over a majority stake in Compose Coffee Co., South Korea’...

South Korean artificial intelligence (AI) startup Muhayu hired Mirae Asset Securities as the lead manager for its initial public offering (IPO) targ...

South Korea’s top resort operator Sono International Co. has bought a stake in T'way Air Co., a local low-cost carrier (LCC), for 105.6 billio...

POSCO Group, South Korea’s No. 1 steelmaker, has set an ambitious goal of quadrupling its operating profits and doubling revenue by 2030 with ...

South Korea's HMM Co. announced on Tuesday that it installed and initiated a demonstration of the Onboard Carbon Capture and Storage System (OCCS) f...

South Korea’s Hana Bank is set to reduce new corporate loans despite rising demand to improve profitability and soundness after having increas...

Korea Hydro & Nuclear Power (KHNP) announced on Friday that it established a simulator at its central research center to verify the operational ...