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Hyosung TNC Q1 net profit down 41.5 pct. to 105.4 bln won
BRAND
SEOUL, April 29 (Yonhap) -- Hyosung TNC Corp. on Friday reported its first-quarter net profit of 105.4 billion won (US$83.9 million), down 41.5 percent from a year earlier.The company said in a regulatory filing that it posted 190.1 billion won in op
Hyosung Q1 net profit down 49.6 pct to 46.2 bln won
BRAND
SEOUL, April 29 (Yonhap) -- Hyosung Corp. on Friday reported its first-quarter net income of 46.2 billion won (US$36.8 million), down 49.6 percent from a year earlier.The company said in a regulatory filing that it posted 94.2 billion won in operatin
BRAND
(2nd LD) SK Innovation swings to black in Q1 on robust petrochem sales
(ATTN: ADDS more info in para 11, other details from earnings result, closing share price in paras 13-15) SEOUL, April 29 (Yonhap) -- SK Innovation Co. said Friday it swung to the black in the first quarter from a year earlier, boosted by robust sale
Hotel Shilla remains in red in Q1
BRAND
SEOUL, April 29 (Yonhap) -- Hotel Shilla Co. on Friday reported its first-quarter net loss of 7.7 billion won (US$6.1 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it posted 15.1 billion won in o
BRAND
(LEAD) Won rebounds sharply on verbal intervention, stock advance
(ATTN: UPDATES with market close, more details throughout; REWRITES headline)SEOUL, April 29 (Yonhap) -- The South Korean currency sharply rose against the U.S. dollar Friday after foreign exchange authorities repeatedly warned they are ready to take
Hanssem Q1 net profit down 11.8 pct to 17.5 bln won
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SEOUL, April 29 (Yonhap) -- Hanssem Co. on Friday reported its first-quarter net profit of 17.5 billion won (US$14 million), down 11.8 percent from a year earlier.Operating profit for the January-March period was 10 billion won, down 60.2 percent fro
BRAND
Public firms' debt hits fresh high in 2021
SEOUL, April 29 (Yonhap) -- South Korean public firms' liabilities rose for the fourth straight year last year to hit another record high as they borrowed more to make investments amid the economic recovery, the finance ministry said Friday.Of 35
Doosan Enerbility Q1 net profit down 95.6 pct to 11 bln won
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SEOUL, April 29 (Yonhap) -- Doosan Enerbility Co. on Friday reported its first-quarter net profit of 11 billion won (US$8.8 million), down 95.6 percent from a year earlier.Operating profit for the January-March period was 192.1 billion won, down 20.6
Samsung Heavy Industries remains in red in Q1
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SEOUL, April 29 (Yonhap) -- Samsung Heavy Industries Co. on Friday reported its first-quarter net loss of 103.9 billion won (US$82.7 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to
Mando Q1 net profit down 36.2 pct to 33.3 bln won
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SEOUL, April 29 (Yonhap) -- Mando Corp. on Friday reported its first-quarter net profit of 33.3 billion won (US$26.5 million), down 36.2 percent from a year earlier.The company said in a regulatory filing that operating income for the January-March p
Hanwha Q1 net income down 64.6 pct. to 289.9 bln won
BRAND
SEOUL, April 29 (Yonhap) -- Hanwha Corp. on Friday reported its first-quarter net profit of 289.9 billion won (US$230.8 million), down 64.6 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-Marc
BRAND
S. Korea calls for China's support for resumption of S. Korean plants
SEOUL, April 29 (Yonhap) -- South Korea's trade minister on Friday asked Beijing's support for the resumption of South Korean plants suspended in China over COVID-19 lockdowns.Yeo Han-koo made the request during a meeting with Chinese Ambassa
Dongkuk Steel Mill Q1 net profit up 889.2 pct. to 272.6 bln won
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SEOUL, April 29 (Yonhap) -- Dongkuk Steel Mill Co. on Friday reported its first-quarter net income of 272.6 billion won (US$216 million), up 889.2 percent from a year earlier.Operating profit for the January-March period was 205.8 billion won, up 88.
Hyundai Glovis Q1 net profit up 125.3 pct. to 291.9 bln won
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SEOUL, April 29 (Yonhap) -- Hyundai Glovis Co. on Friday reported its first-quarter net income of 291.9 billion won (US$230.5 million), up 125.3 percent from a year earlier.The company said in a regulatory filing that it posted 426.3 billion won in o
LS Electric Q1 net income up 112.8 pct. to 33.5 bln won
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SEOUL, April 29 (Yonhap) -- LS Electric Co. on Friday reported its first-quarter net profit of 33.5 billion won (US$26.4 million), up 112.8 percent from a year earlier.The company said in a regulatory filing that operating income for the January-Marc
BRAND
(LEAD) SK Innovation swings to black in Q1 on robust petrochem sales
(ATTN: ADDS more details throughout, photo) SEOUL, April 29 (Yonhap) -- SK Innovation Co. said Friday it swung to the black in the first quarter from a year earlier, boosted by robust sales of petrochemical products amid higher oil prices. Net income
BRAND
(2nd LD) Consumption, investment both fall in March amid recovery concerns
(ATTN: UPDATES with more details throughout)By Kim Soo-yeonSEOUL, April 29 (Yonhap) -- South Korea's industrial output rebounded in March after two straight months of decline, but consumption and facility investment lost ground in the latest sign
Hanwha Aerospace Q1 net income down 53.3 pct to 46.7 bln won
BRAND
SEOUL, April 29 (Yonhap) -- Hanwha Aerospace Co. on Friday reported its first-quarter net profit of 46.7 billion won (US$36.7 million), down 53.3 percent from a year earlier.Operating income for the January-March period was 66.4 billion won, up 0.8 p
BRAND
S. Korea ready to take measures to stem won's sharp fall
SEOUL, April 29 (Yonhap) -- South Korea plans to take steps to curb the Korean currency's "excessive" fall against the U.S. dollar, a senior government official said Friday.First Vice Finance Minister Lee Eog-weon also dismissed the p
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LNG prices to further rise on surging global prices
SEOUL, April 29 (Yonhap) -- Prices of liquefied natural gas (LNG) in South Korea will increase more than 8 percent in May amid rising global energy prices, the industry ministry said Friday.LNG rates for households and commercial users will go up bet
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