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Construction permits dip 9.8 pct in Q1
SEOUL, May 3 (Yonhap) -- Construction permits for large buildings in South Korea shrank nearly 10 percent in the first quarter of the year amid rising interest rates and the coronavirus pandemic, government data showed Tuesday.Construction permits is
Hybe Q1 net income up 79.1 pct to 30.8 bln won
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SEOUL, May 3 (Yonhap) -- Hybe Co. on Tuesday reported its first-quarter net income of 30.8 billion won (US$24.3 million), up 79.1 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-March period r
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S. Korean firms stay undervalued among major economies
SEOUL, May 3 (Yonhap) -- South Korea's major listed companies remain undervalued compared with their global peers as their share prices slump despite a jump in earnings, data showed Tuesday.The price-earnings ratio (PER) of stocks listed on the K
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(3rd LD) Inflation growth hits over 13-year high in April amid soaring fuel prices
(ATTN: ADDS central bank's analysis in paras 18-19)By Kim Soo-yeonSEOUL, May 3 (Yonhap) -- South Korea's consumer prices rose at the fastest pace in more than 13 years in April amid soaring energy costs caused by Russia's war with Ukraine
(2nd LD) Inflation growth hits over 13-year high in April amid soaring fuel prices
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(ATTN: UPDATES with more details throughout)By Kim Soo-yeonSEOUL, May 3 (Yonhap) -- South Korea's consumer prices rose at the fastest pace in more than 13 years in April amid soaring energy costs caused by Russia's war with Ukraine and a rebo
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(LEAD) Inflation growth hits over 13-year high in April amid soaring fuel prices
(ATTN: UPDATES with more details throughout; ADDS photo)By Kim Soo-yeonSEOUL, May 3 (Yonhap) -- South Korea's consumer prices rose at the fastest pace in more than 13 years in April amid soaring energy costs caused by Russia's war with Ukrain
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Inflation growth hits over 13-year high in April amid soaring fuel prices
By Kim Soo-yeonSEOUL, May 3 (Yonhap) -- South Korea's consumer prices rose at the fastest pace in more than 13 years in April amid soaring energy costs caused by Russia's war with Ukraine and a rebound in demand from the pandemic, data showed
(URGENT) Consumer prices grow 4.8 pct on-year in April, fastest rise in over 13 years
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(2nd LD) Finance chief nominee calls for delaying taxation on stock capital gains, virtual assets
(ATTN: RECASTS with more details throughout; REWRITES headline)SEOUL, May 2 (Yonhap) -- South Korea's finance minister nominee Choo Kyung-ho raised the need Monday to delay a planned taxation of capital gains from financial investments and crypto
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(2nd LD) Kakao Pay's Q1 net profit falls 68 pct due to rise in personnel expenses
(ATTN: UPDATES with details in para 3; CHANGES headline)SEOUL, May 2 (Yonhap) -- Kakao Pay Corp., the online payment unit of South Korean tech giant Kakao Corp., reported Monday that its first quarter net profit fell 68.4 percent on-year to 3.8 billi
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(LEAD) Hyundai, Kia's April sales decline amid chip shortage
(ATTN: INCORPORATES story slugged Kia-April sales; CHANGES headline; ADDS photo) SEOUL, May 2 (Yonhap) -- Hyundai Motor Co. and its smaller affiliate Kia Corp. said Monday their vehicle sales continued to fall last month due to the impact of the glob
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(LEAD) Kakao Pay's Q1 net falls 68 pct due to on-year operating losses
(ATTN: RECASTS throughout with details; ADDS photo; CHANGES headline) SEOUL, May 2 (Yonhap) -- Kakao Pay Corp., the online payment unit of South Korean tech giant Kakao Corp., reported Monday that its first quarter net profit fell 68.4 percent on-yea
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(2nd LD) Lotte Chilsung Q1 net more than doubles on higher sales
(ATTN: ADDS share price in last para)SEOUL, May 2 (Yonhap) -- South Korean beverage giant Lotte Chilsung Beverage Co. said Monday its first-quarter earnings more than doubled on increased domestic demand and exports.Consolidated net profit came to 37
DL Holdings Q1 net income down 66.6 pct to 108.3 bln won
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SEOUL, May 2 (Yonhap) -- DL Holdings Co. on Monday reported its first-quarter net profit of 108.3 billion won (US$85.6 million), down 66.6 percent from a year earlier.The company said in a regulatory filing that it posted 32.3 billion won in operatin
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Kia's April sales fall 5.8 pct amid chip shortages
SEOUL, May 2 (Yonhap) -- Kia Corp., South Korea's second-largest automaker, said Monday its sales fell 5.8 percent last month from a year earlier as global chip shortages affected its vehicle production and sales.Kia said it sold 238,538 vehicles
DL E&C Q1 net profit down 41.1 pct to 102.8 bln won
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SEOUL, May 2 (Yonhap) -- DL E&C Co. on Monday reported its first-quarter net profit of 102.8 billion won (US$81.2 million), down 41.1 percent from a year earlier.The company said in a regulatory filing that it posted 125.7 billion won in operating pr
Hyundai's April sales fall 12 pct amid chip shortage
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SEOUL, May 2 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Monday its sales fell 12 percent last month from a year earlier, as a global chip shortage continued to affect its vehicles production and sales. Hyundai Motor sold
Korea Aerospace Q1 net up 209.2 pct to 36.8 bln won
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SEOUL, May 2 (Yonhap) -- Korea Aerospace Industries Ltd. on Monday reported its first-quarter net profit of 36.8 billion won (US$29.1 million), up 209.2 percent from a year earlier.The company said in a regulatory filing that operating income for the
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(LEAD) Lotte Chilsung Q1 net more than doubles on higher sales
(ATTN: RECASTS throughout with details; ADDS photo; CHANGES headline)SEOUL, May 2 (Yonhap) -- South Korean beverage giant Lotte Chilsung Beverage Co. said Monday its first-quarter earnings more than doubled on increased domestic demand and exports.Co
Kakaopay Q1 net profit down 68.4 pct to 3.8 bln won
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SEOUL, May 2 (Yonhap) -- Kakaopay Corp. on Monday reported its first-quarter net income of 3.8 billion won (US$3 million), down 68.4 percent from a year earlier.The company said in a regulatory filing that it posted an operating loss of 1.1 billion w
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