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DL E&C Q4 net income down 73.7 pct to 36.7 bln won
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SEOUL, Feb. 3 (Yonhap) -- DL E&C Co. on Friday reported its fourth-quarter net income of 36.7 billion won (US$29.9 million), down 73.7 percent from a year earlier.The company said in a regulatory filing that operating profit for the October-December
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(2nd LD) Naver 2022 net profit down 96 pct on one-off factor
(ATTN: ADDS Naver's plan on new AI service in last 3 paras)SEOUL, Feb. 3 (Yonhap) -- South Korean internet portal giant Naver Corp. said Friday its net profit plunged in 2022 from a year earlier due to a one-off factor stemming from a business in
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(LEAD) LG Uplus 2022 net income down 8.5 pct on increased financial costs
(ATTN: ADDS more details throughout)SEOUL, Feb. 3 (Yonhap) -- LG Uplus Corp., South Korea's No. 3 mobile carrier, said Friday its 2022 net profit fell from a year earlier due to increased financial costs.Its net income reached 662.6 billion won (
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(LEAD) Export slump to continue through H1; inflation to slow in H2: finance minister
(ATTN: ADDS corporate investment plan, support measures in paras 7-9)By Kang Yoon-seungSEJONG, Feb. 3 (Yonhap) -- South Korea's exports are anticipated to remain sluggish "at least" through the first six months of 2023, the finance mi
LG Uplus 2022 net income down 8.5 pct to 662.6 bln won
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SEOUL, Feb. 3 (Yonhap) -- LG Uplus Corp. on Friday reported its 2022 net profit of 662.6 billion won (US$540.8 million), down 8.5 percent from a year earlier.The company said in a regulatory filing that it posted 1.08 trillion won in operating profit
LG Uplus Q4 net income up 56.6 pct to 159.4 bln won
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SEOUL, Feb. 3 (Yonhap) -- LG Uplus Corp. on Friday reported its fourth-quarter net profit of 159.4 billion won (US$130.1 million), up 56.6 percent from a year earlier.The company said in a regulatory filing that it posted 286.6 billion won in operati
Daewoo Engineering wins US$589 mln maintenance deal for Nigerian refinery facility
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SEOUL, Feb. 3 (Yonhap) -- Daewoo Engineering & Construction Co., a major South Korean construction company, said Friday that it has clinched a US$589 million maintenance service deal for a refinery facility in Nigeria.Under the contract with Kaduna R
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Imported car sales fall 6.6 pct in Jan. amid chip shortage
SEOUL, Feb. 3 (Yonhap) -- Sales of imported vehicles in South Korea fell 6.6 percent last month from a year earlier amid the lingering chip shortage, an industry association said Friday.The number of newly registered foreign vehicles stood at 16,222
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(LEAD) Naver 2022 net profit down 96 pct on one-off factor
SEOUL, Feb. 3 (Yonhap) -- South Korean internet portal giant Naver Corp. said Friday its net profit plunged in 2022 from a year earlier due to a one-off factor stemming from a business integration a year earlier.Its net income reached 664 billion won
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Export slump to continue through H1; inflation to slow in H2: finance minister
By Kang Yoon-seungSEJONG, Feb. 3 (Yonhap) -- South Korea's exports are anticipated to remain sluggish "at least" through the first six months of 2023, the finance minister said Friday, while inflation is expected to slow in the latter
Naver 2022 net profit down 96 pct to 664 bln won
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SEOUL, Feb. 3 (Yonhap) -- Naver Corp. on Friday reported its 2022 net profit of 664 billion won (US$544.1 million), down 96 percent from a year earlier.The company said in a regulatory filing that operating profit for the year fell 1.6 percent on-yea
Naver Q4 net income down 59.1 pct to 122.6 bln won
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SEOUL, Feb. 3 (Yonhap) -- Naver Corp. on Friday reported its fourth-quarter net income of 122.6 billion won (US$100.5 million), down 59.1 percent from a year earlier.The company said in a regulatory filing that operating income for the October-Decemb
South Korea's foreign reserves grow in Jan. on weak dollar
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SEOUL, Feb. 3 (Yonhap) -- South Korea's foreign reserves grew for the third straight month in January, as the dollar's fall led to a rise in the converted value of holdings denominated in other currencies, central bank data showed Friday.The
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S. Korea to sell 13 tln won worth of Treasurys in Feb.
SEOUL, Feb. 2 (Yonhap) -- South Korea plans to sell 13 trillion won (US$10.6 billion) in state bonds this month, the finance ministry said Thursday.The ministry will issue 2.4 trillion won in Treasurys with a maturity of three years and another 2.1 t
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(LEAD) Hankook Tire Q4 net falls 65 pct on strong won
SEOUL, Feb. 2 (Yonhap) -- Hankook Tire & Technology Co. said Thursday its fourth-quarter net profit plunged 65 percent from a year earlier as a strong won cut into the bottom line. Net profit for the three months ended Dec. 31 fell to 28.49 billion w
BNK Financial Group 2022 net income up 2.9 pct to 858.3 bln won
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SEOUL, Feb. 2 (Yonhap) -- BNK Financial Group Inc. on Thursday reported its 2022 net income of 858.3 billion won (US$703.4 million), up 2.9 percent from a year earlier.The company said in a regulatory filing that it posted 1.15 trillion won in operat
BNK Financial Group Q4 net profit up 0.1 pct to 58.5 bln won
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SEOUL, Feb. 2 (Yonhap) -- BNK Financial Group Inc. on Thursday reported its fourth-quarter net profit of 58.5 billion won (US$47.9 million), up 0.1 percent from a year earlier.Operating profit for the October-December period was 90.4 billion won, up
Korea Zinc Inc Q4 net profit up 25.1 pct to 254.9 bln won
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SEOUL, Feb. 2 (Yonhap) -- Korea Zinc Inc on Thursday reported its fourth-quarter net income of 254.9 billion won (US$208.9 million), up 25.1 percent from a year earlier.The company said in a regulatory filing that it posted 105.5 billion won in opera
Korea Zinc Inc 2022 net income down 1.8 pct to 796.3 bln won
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SEOUL, Feb. 2 (Yonhap) -- Korea Zinc Inc on Thursday reported its 2022 net profit of 796.3 billion won (US$652.6 million), down 1.8 percent from a year earlier.The company said in a regulatory filing that it posted 922 billion won in operating profit
Hankook Tire 2022 net income up 13.5 pct to 686 bln won
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SEOUL, Feb. 2 (Yonhap) -- Hankook Tire & Technology Co. on Thursday reported its 2022 net profit of 686 billion won (US$562.1 million), up 13.5 percent from a year earlier.Operating income for the year was 705.8 billion won, up 9.9 percent from the p
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