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• Samsung Securities Q1 net profit down 47.5 pct. to 151.8 bln won

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  SEOUL, May 12 (Yonhap) -- Samsung Securities Co. on Thursday reported its first-quarter net income of 151.8 billion won (US$117.8 million), down 47.5 percent from a year earlier.The company said in a regulatory filing that operating profit for the Ja
• Netmarble swings to red in Q1

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  SEOUL, May 12 (Yonhap) -- Netmarble Corp. on Thursday reported its first-quarter net loss of 51.8 billion won (US$40.2 million), turning from a profit of 61.9 billion won a year earlier.The company said in a regulatory filing that it posted an operat
• Celltrion Q1 net profit down 39.2 pct to 121.2 bln won

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  SEOUL, May 12 (Yonhap) -- Celltrion Inc. on Thursday reported its first-quarter net income of 121.2 billion won (US$94.1 million), down 39.2 percent from a year earlier.The company said in a regulatory filing that it posted 142.3 billion won in opera
• LG Q1 net profit up 27.2 pct to 1.34 tln won

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  SEOUL, May 12 (Yonhap) -- LG Corp. on Thursday reported its first-quarter net profit of 1.34 trillion won (US$1 billion), up 27.2 percent from a year earlier.Operating income for the January-March period was 828.3 billion won, down 14.2 percent from
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  BOK's outgoing policy board member calls for close communication with market

  SEOUL, May 12 (Yonhap) -- An outgoing monetary policy board member of the Bank of Korea (BOK) on Thursday underlined the need for the central bank to communicate more with the market through diverse channels to produce better policy mixes amid height
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  Hyundai Mobis, German firm sign for software platform development

  SEOUL, May 12 (Yonhap) -- Hyundai Mobis Co., South Korea's biggest auto parts maker, said Thursday it has partnered with Germany's Vector to develop a future mobility platform.Hyundai Mobis has signed an initial agreement with Vector to joint
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  (LEAD) Tobacco maker KT&G Q1 net falls despite higher sales

  (ATTN: RECASTS throughout; ADDS image)SEOUL, May 12 (Yonhap) -- KT&G Corp., South Korea's dominant tobacco firm, said Thursday its first-quarter earnings decreased more than 3 percent on-year despite increased sales at home and abroad.Consolidate
• Krafton Q1 net profit up 26.4 pct to 245.2 bln won

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  SEOUL, May 12 (Yonhap) -- Krafton Inc. on Thursday reported its first-quarter net income of 245.2 billion won (US$190.2 million), up 26.4 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-March
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  Top 1,000 firms' sales hit new high in 2021 amid pandemic

  SEOUL, May 12 (Yonhap) -- South Korea's major listed firms saw their sales jump more than 16 percent to an all-time high in 2021 despite the prolonged coronavirus pandemic, a corporate tracker said Thursday.The combined top line of the country
• E-Mart Q1 net profit up 689.2 pct. to 805.8 bln won

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  SEOUL, May 12 (Yonhap) -- E-Mart Inc. on Thursday reported its first-quarter net income of 805.8 billion won (US$624.9 million), up 689.2 percent from a year earlier.The company said in a regulatory filing that operating income for the January-March
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  Samsung Fire & Marine Insurance Q1 net down on base effect

  SEOUL, May 12 (Yonhap) -- South Korean insurer Samsung Fire & Marine Insurance Co. said Thursday its first-quarter earnings decreased 5.2 percent from a year ago due to a higher base effect. Net income came to 409 billion won (US$319 million) in the
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  Bourse operator considering opening emission futures market

  SEOUL, May 12 (Yonhap) -- South Korea's bourse operator is weighing the option of launching a futures market for carbon emissions, officials said Thursday. The Korea Exchange (KRX) and the country's environment ministry opened a bidding for t
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  6 chicken-processing firms and association fined for price fixing

  SEOUL, May 12 (Yonhap) -- South Korea's antitrust regulator said Thursday it has decided to impose a combined fine of 699 million won (US$546,500) on six poultry-processing firms and their association for fixing prices and supplies of poultry.The
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  Service output in all 16 provinces, cities gains 4.1 pct in Q1

  SEOUL, May 12 (Yonhap) -- Service output in all 16 provinces and major cities of South Korea climbed more than 4 percent in the first three months of the year on an economic recovery amid the coronavirus pandemic, data showed Thursday.Service output
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  (LEAD) KT's Q1 net profit up 39.5 pct, led by growth of media, enterprise services

  (ATTN: RECASTS with more details; CHANGES headline; ADDS photo)SEOUL, May 12 (Yonhap) -- KT Corp., South Korea's No. 2 telecom operator, said Thursday its first quarter net profit increased 39.5 percent thanks to strong performances across its me
• KT&G Q1 net income down 3.4 pct to 263.4 bln won

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  SEOUL, May 12 (Yonhap) -- KT&G Corp. on Thursday reported its first-quarter net profit of 263.4 billion won (US$205.2 million), down 3.4 percent from a year earlier.The company said in a regulatory filing that operating income for the January-March p
• SK Biopharmaceuticals turns to loss in Q1

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  SEOUL, May 12 (Yonhap) -- SK Biopharmaceuticals Co. on Thursday reported its first-quarter net loss of 35.2 billion won (US$27.4 million), turning from a profit of 129 billion won a year earlier.The company said in a regulatory filing that it posted
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  Ourhome Chairperson Koo Cha-hak dies at 92

  SEOUL, May 12 (Yonhap) -- Koo Cha-hak, chairperson of South Korean food service company Ourhome Ltd., died Thursday of chronic ailments, his family said. He was 92.Born in 1930 as the third son of LG Group founder Koo In-hwoi, the late chairperson wo
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  (LEAD) E-commerce giant Coupang's Q1 loss narrows on bumper sales

  (ATTN: ADDS more info in paras 6-7, 9-12)SEOUL, May 12 (Yonhap) -- South Korean e-commerce giant Coupang Inc. said Thursday its first-quarter operating loss narrowed sharply from a year earlier thanks to record sales.Its operating loss stood at US$20
• KT Q1 net profit up 39.5 pct to 455.4 bln won

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  SEOUL, May 12 (Yonhap) -- KT Corp. on Thursday reported its first-quarter net income of 455.4 billion won (US$355 million), up 39.5 percent from a year earlier.The company said in a regulatory filing that it posted 626.6 billion won in operating prof