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Samsung Life Insurance Q3 net income down 12.4 pct to 139.3 bln won
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SEOUL, Nov. 11 (Yonhap) -- Samsung Life Insurance Co. on Friday reported its third-quarter net profit of 139.3 billion won (US$101.1 million), down 12.4 percent from a year earlier.The company said in a regulatory filing that it posted 133.2 billion
NCSOFT Q3 net profit up 83 pct to 182.1 bln won
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SEOUL, Nov. 11 (Yonhap) -- NCSOFT Corp. on Friday reported its third-quarter net profit of 182.1 billion won (US$132.2 million), up 83 percent from a year earlier.The company said in a regulatory filing that operating income for the July-September pe
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S. Korea, Saudi Arabia discuss investment expansion during ministerial talks
SEOUL, Nov. 10 (Yonhap) -- South Korea and Saudi Arabia agreed Thursday to deepen economic ties and boost business cooperation in various areas, including smart city, hydrogen and bio industries, Seoul's industry ministry said.Industry Minister L
G Enone Energy to raise 12.5 bln won via stock sale
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SEOUL, Nov. 10 (Yonhap) -- G Enone Energy Co.on Thursday announced that it will sell stock to raise 12.5 billion won (US$9.1 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory fil
Hyosung Advanced Materials Q3 net profit down 73.9 pct to 26 bln won
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SEOUL, Nov. 10 (Yonhap) -- Hyosung Advanced Materials Corp. on Thursday reported its third-quarter net profit of 26 billion won (US$18.9 million), down 73.9 percent from a year earlier.Operating income for the July-September period was 66.1 billion w
Thelma Therapeutics to raise 10 bln won via stock sale
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SEOUL, Nov. 10 (Yonhap) -- Thelma Therapeutics Co.on Thursday announced that it will sell stock to raise 10 billion won(US$7.3 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory f
Inbiogen to raise 12 bln won via stock sale
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SEOUL, Nov. 10 (Yonhap) -- Inbiogen Co.on Thursday announced that it will sell stock to raise 12 billion won(US$8.7 million). The proceeds from the stock offering will be used primarily to pay off its debts.According to a regulatory filing, the compa
Mirae Asset Securities Q3 net profit down 69.3 pct to 104.4 bln won
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SEOUL, Nov. 10 (Yonhap) -- Mirae Asset Securities Co. on Thursday reported its third-quarter net profit of 104.4 billion won (US$75.8 million), down 69.3 percent from a year earlier.The company said in a regulatory filing that operating income for th
LG Q3 net profit down 19.5 pct to 455.8 bln won
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SEOUL, Nov. 10 (Yonhap) -- LG Corp. on Thursday reported its third-quarter net profit of 455.8 billion won (US$330.9 million), down 19.5 percent from a year earlier.The company said in a regulatory filing that it posted 509.2 billion won in operating
Krafton Q3 net income up 27 pct to 226.4 bln won
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SEOUL, Nov. 10 (Yonhap) -- Krafton Inc. on Thursday reported its third-quarter net profit of 226.4 billion won (US$164.4 million), up 27 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-September
Kangwon Land Q3 net income up 265.9 pct to 74.7 bln won
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SEOUL, Nov. 10 (Yonhap) -- Kangwon Land Inc. on Thursday reported its third-quarter net income of 74.7 billion won (US$54.2 million), up 265.9 percent from a year earlier.The company said in a regulatory filing that operating income for the July-Sept
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Chip export curbs not aimed at hurting businesses: U.S. official
By Kim Seung-yeon SEOUL, Nov. 10 (Yonhap) -- The United States' implementation of export controls on semiconductor equipment is not intended at interfering with business activities, a senior U.S. official said Thursday, stressing it will closely
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(LEAD) E-Mart Q3 net income declines 86.7 pct on one-off costs
(ATTN: RECASTS throughout with more details; ADDS photo)SEOUL, Nov. 10 (Yonhap) -- E-Mart Inc. on Thursday said its third quarter net income declined 86.7 percent from a year earlier on one-off depreciation costs and recall expenses.Net income came t
Hyundai Green Food Q3 net income down 1.9 pct to 31.4 bln won
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SEOUL, Nov. 10 (Yonhap) -- Hyundai Green Food Co. on Thursday reported its third-quarter net profit of 31.4 billion won (US$22.9 million), down 1.9 percent from a year earlier.The company said in a regulatory filing that operating profit for the July
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Global economic growth tipped to slow to 2.4 pct next year on rate hikes, geopolitical risks: KIEP
By Kang Yoon-seungSEJONG, Nov. 10 (Yonhap) -- The global economy is expected to grow at a slower than expected clip of 2.4 percent next year, a state-run economic think tank said Thursday, citing the aftermath of aggressive monetary tightening in maj
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S. Korea discusses MOUs on mobility, infrastructure in Saudi Arabia
SEOUL, Nov. 10 (Yonhap) -- South Korea and Saudi Arabia have recently discussed signing initial agreements for partnerships in future mobility and road infrastructure development, the transport ministry said Thursday. Land, Infrastructure and Transpo
Korea Gas remains in red in Q3
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SEOUL, Nov. 10 (Yonhap) -- Korea Gas Corp. on Thursday reported its third-quarter net loss of 278.2 billion won (US$202.5 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it posted 143.4 billion won
E-Mart Q3 net profit down 86.7 pct to 124.3 bln won
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SEOUL, Nov. 10 (Yonhap) -- E-Mart Inc. on Thursday reported its third-quarter net profit of 124.3 billion won (US$90.6 million), down 86.7 percent from a year earlier.The company said in a regulatory filing that it posted 100.7 billion won in operati
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S. Korean economic growth estimated below 2 pct in 2023 on weak exports
By Kang Yoon-seung SEJONG, Nov. 10 (Yonhap) -- South Korea's economic growth is expected to hover below 2 percent in 2023, a state-run think tank said Thursday, due to the country's weakening exports amid worries over a global recession.The e
Service output in all provinces, major cities up in Q3
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By Kang Yoon-seungSEJONG, Nov. 10 (Yonhap) -- Service output rose on-year in all regions of South Korea in the third quarter of 2023, data showed Thursday, as more people traveled and dined out amid eased COVID-19 regulations.The country's servic
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