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  Cigarette sales in S. Korea up 1.9 pct in H1

  SEOUL, July 29 (Yonhap) -- Sales of cigarettes in South Korea gained 1.9 percent on-year in the first half of the year on weak demand for duty-free cigarettes amid the coronavirus pandemic and increased sales of heated tobacco products, the finance m
• Hyosung TNC Q2 net income down 85.7 pct to 42.9 bln won

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  SEOUL, July 29 (Yonhap) -- Hyosung TNC Corp. on Friday reported its second-quarter net income of 42.9 billion won (US$33 million), down 85.7 percent from a year earlier.The company said in a regulatory filing that operating profit for the April-June
• Hyosung Q2 net profit down 75.9 pct to 45.3 bln won

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  SEOUL, July 29 (Yonhap) -- Hyosung Corp. on Friday reported its second-quarter net income of 45.3 billion won (US$34.8 million), down 75.9 percent from a year earlier.The company said in a regulatory filing that it posted 35.7 billion won in operatin
• Doosan swings to red in Q2

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  SEOUL, July 29 (Yonhap) -- Doosan Co. on Friday reported its second-quarter net loss of 134.9 billion won (US$103.8 million), shifting from a profit of 200.1 billion won a year earlier.The company said in a regulatory filing that operating income for
• Hotel Shilla Q2 net income up 103.6 pct to 24.5 bln won

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  SEOUL, July 29 (Yonhap) -- Hotel Shilla Co. on Friday reported its second-quarter net income of 24.5 billion won (US$18.9 million), up 103.6 percent from a year earlier.The company said in a regulatory filing that it posted 43.2 billion won in operat
• Mando Q2 net profit down 51.7 pct to 38.8 bln won

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  SEOUL, July 29 (Yonhap) -- Mando Corp. on Friday reported its second-quarter net profit of 38.8 billion won (US$29.9 million), down 51.7 percent from a year earlier.The company said in a regulatory filing that it posted 45.7 billion won in operating
• Samsung Heavy Industries remains in red in Q2

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  SEOUL, July 29 (Yonhap) -- Samsung Heavy Industries Co. on Friday reported its second-quarter net loss of 39.1 billion won (US$30.1 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to p
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  (2nd LD) Samsung SDI logs best-ever results in Q2 on robust EV battery sales

  (ATTN: UPDATES with details throughout; ADDS photo) SEOUL, July 29 (Yonhap) -- Samsung SDI Co. said Friday it posted record high operating income and sales in the second quarter, driven by strong sales of electric vehicle (EV) batteries. Operating in
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  (2nd LD) LX International posts record Q2 results on rise in commodity prices, shipping rates

  (ATTN: ADDS closing share price at bottom)SEOUL, July 29 (Yonhap) -- LX International Corp., a trading arm of LX Group, said Friday its second-quarter net profit more than doubled from a year earlier, backed by the uptrend in global commodity prices
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  (3rd LD) SK Innovation logs record results in Q2 on upbeat petroleum product sales

  (ATTN: ADDS closing share price at bottom)SEOUL, July 29 (Yonhap) -- SK Innovation Co. said Friday its second-quarter profit more than quadrupled from a year earlier, boosted by robust sales of petroleum products amid higher oil prices.Its battery un
• Doosan Enerbility turns to loss in Q2

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  SEOUL, July 29 (Yonhap) -- Doosan Enerbility Co. on Friday reported its second-quarter net loss of 124.5 billion won (US$95.8 million), swinging from a profit of 202 billion won a year earlier.The company said in a regulatory filing that it posted 32
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  HD Hyundai's Q2 net spikes, beating market forecast

  SEOUL, July 29 (Yonhap) -- South Korean shipbuilding giant HD Hyundai said Friday its net profit soared 43 times in the second quarter from a year earlier on stellar performances by its oil refining unit.Consolidated net profit came to 957.5 billion
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  Special parliamentary committee passes bill aimed at lowering fuel tax rate

  SEOUL, July 29 (Yonhap) -- A special parliamentary committee on improving people's livelihoods on Friday passed a bill raising the flexibility rate of fuel taxes from the current 30 percent to 50 percent until the end of 2024 as part of efforts t
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  (LEAD) Hanwha revamps key units to bolster push for green energy, battery materials

  (ATTN: RECASTS paras 3-4 to clarify the subsidiaries are to be absorbed into their parent firms; ADDS more details, background in paras 7-9) By Kim Seung-yeonSEOUL, July 29 (Yonhap) -- Hanwha Group, South Korea's seventh-largest conglomerate by a
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  (LEAD) LX International posts record Q2 results on rise in commodity prices, shipping rates

  (ATTN: RECASTS throughout with more details; CHANGES headline; ADDS photo)SEOUL, July 29 (Yonhap) -- LX International Corp., a trading arm of LX Group, said Friday its second-quarter net profit more than doubled from a year earlier, backed by the upt
• Hanwha Aerospace Q2 net profit down 95.6 pct to 3.8 bln won

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  SEOUL, July 29 (Yonhap) -- Hanwha Aerospace Co. on Friday reported its second-quarter net profit of 3.8 billion won (US$2.9 million), down 95.6 percent from a year earlier.Operating income for the April-June period was 112.9 billion won, down 14.9 pe
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  Hanwha revamps key units to bolster push for green energy, battery materials

  By Kim Seung-yeonSEOUL, July 29 (Yonhap) -- Hanwha Group, South Korea's seventh-largest conglomerate by assets, announced Friday it will reshape its key affiliates to bolster its push for green energy, battery and semiconductor components.Hanwha
• Hyundai Mipo Dockyard shifts to profits in Q2

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  SEOUL, July 29 (Yonhap) -- Hyundai Mipo Dockyard Co. on Friday reported its second-quarter net income of 37.5 billion won (US$28.9 million), turning from a loss of 146.9 billion won a year earlier.The company said in a regulatory filing that it conti
• Hyundai Heavy Industries remains in red in Q2

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  SEOUL, July 29 (Yonhap) -- Hyundai Heavy Industries Co. on Friday reported its second-quarter net loss of 64.7 billion won (US$49.8 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to p
• Korea Shipbuilding & Offshore Engineering remains in red in Q2

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  SEOUL, July 29 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. on Friday reported its second-quarter net loss of 105.6 billion won (US$81.3 million), remaining in the red compared with a year ago.The company said in a regulatory filing that