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• S-1 2022 net profit up 17.1 pct to 151 bln won

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  SEOUL, Jan. 31 (Yonhap) -- S-1 Corp. on Tuesday reported its 2022 net income of 151 billion won (US$122.6 million), up 17.1 percent from a year earlier.Operating profit for the year was 204.1 billion won, up 13.6 percent from the previous year, the c
• S-1 Q4 net profit up 542.2 pct to 28.1 bln won

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  SEOUL, Jan. 31 (Yonhap) -- S-1 Corp. on Tuesday reported its fourth-quarter net profit of 28.1 billion won (US$22.8 million), up 542.2 percent from a year earlier.The company said in a regulatory filing that operating profit for the October-December
• LG H&H 2022 net profit down 70 pct to 258.3 bln won

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  SEOUL, Jan. 31 (Yonhap) -- LG H&H Co. on Tuesday reported its 2022 net income of 258.3 billion won (US$209.7 million), down 70 percent from a year earlier.The company said in a regulatory filing that operating income for the year fell 44.9 percent on
• LG H&H turns to loss in Q4

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  SEOUL, Jan. 31 (Yonhap) -- LG H&H Co. on Tuesday reported its fourth-quarter net loss of 108.8 billion won (US$88.3 million), shifting from a profit of 136.4 billion won a year earlier.The company said in a regulatory filing that it posted 128.9 bill
• Cheil Worldwide Inc 2022 net profit up 16.8 pct to 195.8 bln won

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  SEOUL, Jan. 31 (Yonhap) -- Cheil Worldwide Inc on Tuesday reported its 2022 net income of 195.8 billion won (US$159 million), up 16.8 percent from a year earlier.Operating income for the year was 311.4 billion won, up 25.5 percent on-year, the compan
• Cheil Worldwide Inc Q4 net profit down 14.4 pct to 24.7 bln won

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  SEOUL, Jan. 31 (Yonhap) -- Cheil Worldwide Inc on Tuesday reported its fourth-quarter net profit of 24.7 billion won (US$20 million), down 14.4 percent from a year earlier.Operating profit for the October-December period was 71.8 billion won, up 10.5
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  S. Korea, Finland to enhance industry, nuclear energy ties

  SEOUL, Jan. 31 (Yonhap) -- South Korea and Finland discussed ways Tuesday to strengthen their cooperation on business, industry, nuclear power and other sectors, Seoul's trade ministry said. Trade Minister Ahn Duk-geun held a meeting with Finland
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  (LEAD) Hyundai Steel 2022 net dips 31 pct on declining prices

  SEOUL, Jan. 31 (Yonhap) -- Hyundai Steel Co., South Korea's No. 2 steelmaker, said Tuesday its net profit fell 31 percent on-year last year due to declining prices and rising costs.Net income stood at 1.04 trillion won (US$848 million) on a conso
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  S. Korea to resume construction of Shin Hanul 3 and 4 nuclear reactors this year

  SEOUL, Jan. 31 (Yonhap) -- South Korea will resume the construction of the Shin Hanul No. 3 and 4 reactors in earnest this year after wrapping up disaster impact assessments and other due administrative work, the industry ministry said Tuesday.The go
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  Jeju Air, Indonesian firm sign MOU to develop routes to Indonesia

  SEOUL, Jan. 31 (Yonhap) -- Jeju Air Co., South Korea's biggest low-cost carrier, said Tuesday it has partnered with an Indonesian airport operator to develop new routes to the Southeast Asian country.Jeju Air has signed a memorandum of understand
• Hyundai Steel 2022 net income down 31 pct to 1.03 tln won

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  SEOUL, Jan. 31 (Yonhap) -- Hyundai Steel Co. on Tuesday reported its 2022 net profit of 1.03 trillion won (US$843.3 million), down 31 percent from a year earlier.Operating income for the year was 1.61 trillion won, down 33.9 percent on-year, the comp
• Hyundai Steel shifts to loss in Q4

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  SEOUL, Jan. 31 (Yonhap) -- Hyundai Steel Co. on Tuesday reported its fourth-quarter net loss of 280.2 billion won (US$227.5 million), shifting from a profit of 336.8 billion won a year earlier.The company said in a regulatory filing that it posted an
• Hyundai Wia 2022 net income down 22.5 pct to 43.5 bln won

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  SEOUL, Jan. 31 (Yonhap) -- Hyundai Wia on Tuesday reported its 2022 net profit of 43.5 billion won (US$35.3 million), down 22.5 percent from a year earlier.The company said in a regulatory filing that operating income for the year rose 106.5 percent
• Hyundai Wia remains in red in Q4

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  SEOUL, Jan. 31 (Yonhap) -- Hyundai Wia on Tuesday reported its fourth-quarter net loss of 158.8 billion won (US$129 million), remaining in the red compared with a year ago.Operating profit for the October-December period was 51.8 billion, compared wi
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  Card use tops 1,000 tln won for 1st time in 2022 amid eased virus curbs

  SEOUL, Jan. 31 (Yonhap) -- Card use in South Korea exceeded 1,000 trillion won (US$811.4 billion) for the first time ever in 2022 as eased coronavirus curbs bolstered consumption, data showed Tuesday. According to the data provided by the Credit Fina
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  (3rd LD) Samsung not to cut investment despite significant profit drop on sagging demand

  (ATTN: RECASTS throughout with details in first 6 paras; CHANGES headline; ADDS 2nd photo)SEOUL, Jan. 31 (Yonhap) -- Samsung Electronics Co. reaffirmed Tuesday it has no plan to cut investment for this year despite disappointing earning results in th
• Samsung Engineering 2022 net income up 69.6 pct to 595.3 bln won

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  SEOUL, Jan. 31 (Yonhap) -- Samsung Engineering Co. on Tuesday reported its 2022 net profit of 595.3 billion won (US$484.2 million), up 69.6 percent from a year earlier.Operating income for the year was 702.9 billion won, up 39.7 percent from the prev
• Samsung Engineering Q4 net income up 210.8 pct to 179.8 bln won

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  SEOUL, Jan. 31 (Yonhap) -- Samsung Engineering Co. on Tuesday reported its fourth-quarter net income of 179.8 billion won (US$146.3 million), up 210.8 percent from a year earlier.Operating profit for the October-December period was 214.5 billion won,
• Trade terms worsen for 21st straight month in Dec.

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  SEOUL, Jan. 31 (Yonhap) -- South Korea's terms of trade worsened for the 21st straight month in December as export prices fell at a faster pace than import prices, central bank data showed Tuesday.The nation's net terms-of-trade index for goo
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  S. Korea submits proposal to Turkey on new nuclear power project

  SEOUL, Jan. 31 (Yonhap) -- South Korea's Korea Electric Power Corp. (KEPCO) said Tuesday it has submitted a preliminary proposal to Turkey to take part in a project to build four nuclear power plants in the European country.KEPCO chief Cheong Seu