profitability

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., reported a 30% on...

  South Korea’s major information technology parts makers like Samsung Electro-Mechanics, LG Innotek and LG Display Co. suffered huge dr...

Kia Corp., the smaller sibling of South Korea’s largest automaker Hyundai Motor Co., presented a rosy earnings outlook for the second quarter ...

Hyundai Motor Co. on Tuesday reported its largest-ever quarterly profit, which soared a whopping 86.3% from a year earlier, while unveiling a plan t...

South Korea’s major automotive parts makers are expected to post decent growth in their first-quarter sales and earnings on the back of their ...

Woori Financial Group, South Korea’s fourth-largest financial holding company, logged growth in a quarterly net profit as larger interest rate...

South Korea’s commercial banks usually post decent earnings driven by high interest income when the country’s policy interest rates are ...

South Korea’s online fashion platform Musinsa saw sales last year surge over 50% to break the 700 billion won ($537.7 million) mark, though op...

South Korea needs to nurture its materials, parts and facilities industries to keep competitiveness in the semiconductor sector, said the chief exec...

Tesla Inc.’s South Korean business has been worsening in recent months due to the lack of new models launched in the country amid Seoul’...

LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday its first-quarter operating profit likely more than doubled,...

Hyundai Motor Co. will likely emerge as South Korea’s top profit maker in the first quarter, driven by robust sales of pricey cars, pushing pa...

Woowa Brothers Corp., the operator of South Korea’s top food delivery app, posted a record profit in 2022, which also marked its first profit ...

LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, is set to focus on the automotive scree...

South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...

Brokerage firms in South Korea, led by Mirae Asset Securities Co., suffered a 50% plunge in net profit in 2022, as dwindling trading fees outweighed...

KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year although their rivals Shi...

South Korea's Oasis Corp., a grocery delivery platform specializing in early morning shipments, on Tuesday said it posted last year operating profit...

Samsung Electronics Co. is found to have earned 250 billion won ($191 million) in profit valuation from its investment made two months ago in Rainbo...

MBK Partners agreed to buy NexFlex Co., South Korea’s top flexible copper-clad laminates (FCCL) producer, as the leading Northeast Asian priva...

Cosmo Advanced Materials & Technology Co., once the world’s largest video and cassette tape maker, has transformed into a money-making man...

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., logged the highes...

Coex Convention & Exhibition Center, the largest event complex in Seoul, was crowded on Friday for a smart factory and plant automation fair.&ld...

LG Electronics Inc. has released its highest-ever number of new organic light-emitting diode (OLED) TV models in a bid to maintain its supremacy in ...

South Korea’s retail giant Shinsegae Group is set to boost its business in the rapidly growing convenience store sector as its supermarket cha...

South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in the housing industry...

South Korea's Fingo Company, which runs the music revenue sharing platform Fingo, on Friday said it signed a memorandum of understanding (MOU) with ...

South Korea’s National Pension Service (NPS) is expected to post a negative return of 8.2% for 2022, according to its preliminary report on Th...

K Bank, a South Korean Internet-only bank, reported a net profit of 83.6 billion won ($63.6 million) in 2022, which nearly quadrupled compared to th...