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LG Chem Q1 net profit down 43.9 pct to 769.2 bln won
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SEOUL, April 27 (Yonhap) -- LG Chem Ltd. on Wednesday reported its first-quarter net profit of 769.2 billion won (US$608 million), down 43.9 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-Mar
Samsung Biologics Q1 net income up 141 pct to 146.9 bln won
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SEOUL, April 27 (Yonhap) -- Samsung Biologics Co. on Wednesday reported its first-quarter net profit of 146.9 billion won (US$116.1 million), up 141 percent from a year earlier.The company said in a regulatory filing that operating income for the Jan
LG Innotek Q1 net income up 6.4 pct to 267.5 bln won
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SEOUL, April 27 (Yonhap) -- LG Innotek Co. on Wednesday reported its first-quarter net income of 267.5 billion won (US$211.4 million), up 6.4 percent from a year earlier.The company said in a regulatory filing that it posted 367.1 billion won in oper
GS E&C Q1 net profit down 2.5 pct to 153.8 bln won
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SEOUL, April 27 (Yonhap) -- GS Engineering & Construction Corp. on Wednesday reported its first-quarter net profit of 153.8 billion won (US$121.7 million), down 2.5 percent from a year earlier.The company said in a regulatory filing that operating in
Hyundai Doosan Infracore Q1 net profit down 60.4 pct to 74.2 bln won
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SEOUL, April 27 (Yonhap) -- Hyundai Doosan Infracore Co. on Wednesday reported its first-quarter net income of 74.2 billion won (US$58.8 million), down 60.4 percent from a year earlier.The company said in a regulatory filing that operating profit for
Hanmi Science Q1 net income up 45.4 pct to 16.9 bln won
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SEOUL, April 27 (Yonhap) -- Hanmi Science Co. on Wednesday reported its first-quarter net income of 16.9 billion won (US$13.4 million), up 45.4 percent from a year earlier.The company said in a regulatory filing that it posted 19.6 billion won in ope
Hanmi Pharm. Q1 net profit up 6.9 pct to 24.8 bln won
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SEOUL, April 27 (Yonhap) -- Hanmi Pharm. Co. on Wednesday reported its first-quarter net income of 24.8 billion won (US$19.7 million), up 6.9 percent from a year earlier.The company said in a regulatory filing that it posted 38.7 billion won in opera
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Imports of home furnishing products at record high last year amid pandemic
SEOUL, April 27 (Yonhap) -- South Korea's imports of home furnishing products hit an all-time high last year on the back of demand by stay-at-home consumers amid the COVID-19 pandemic, data showed Wednesday.The imports of eight kinds of home furn
BRAND
(LEAD) Scandal-hit dental implant maker Osstem Implant to resume trading this week
(ATTN: ADDS bourse operator's comments in paras 5-6, details at bottom)By Chung Joo-wonSEOUL, April 27 (Yonhap) -- Dental implant maker Osstem Implant Co. will resume trading this week, as the company was deemed capable of maintaining its busines
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(LEAD) S-Oil's Q1 net more than doubles on higher oil prices, strong margins
SEOUL, April 27 (Yonhap) -- S-Oil Corp. said Wednesday its first-quarter net income more than doubled from a year earlier as a rise in oil prices and strong margins helped boost its bottom line. Net income came to 870.8 billion won (US$689.7 million)
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(LEAD) LG Display Q1 net income sharply down on sluggish demand, lower LCD panel prices
(ATTN: RECASTS throughout with details; ADDS photo; CHANGES headline)SEOUL, April 27 (Yonhap) -- LG Display Co., a South Korean major display panel maker, said Wednesday its first-quarter net income fell nearly 80 percent from a year ago, driven by l
Samsung Electro-Mechanics Q1 net income up 32.6 pct to 321.9 bln won
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SEOUL, April 27 (Yonhap) -- Samsung Electro-Mechanics Co. on Wednesday reported its first-quarter net profit of 321.9 billion won (US$254.8 million), up 32.6 percent from a year earlier.Operating profit for the January-March period was 410.5 billion
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POSCO to expand industrial gas storage capacity
SEOUL, April 27 (Yonhap) -- POSCO said Wednesday it plans to spend 70 billion won (US$55.5 million) to expand its industrial gas storage facility.South Korea's top steelmaker plans to expand its storage capacity of oxygen and nitrogen gas to 60,0
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NH Securities opens London branch to expand market coverage
SEOUL, April 27 (Yonhap) -- South Korean brokerage house NH Investment & Securities Co. said Wednesday it set up an operation in London as part of its global push to help local investors. NH Securities & Investment Europe Ltd. will handle investment
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55 workers killed at construction sites in Q1
SEOUL, April 27 (Yonhap) -- A total of 55 workers were killed at construction sites in the first quarter of this year, the land ministry said Wednesday, as the country began enforcing a new law that calls for the punishment of company chiefs for seri
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Lotte Chemical signs US$200 mln deal with U.S. firm to make EV battery components
SEOUL, April 27 (Yonhap) -- Lotte Chemical Corp. said Wednesday it has signed an initial deal with a U.S. startup to produce advanced battery materials for electric vehicles, as the company pushes to pivot to the battery materials business.Under the
Lotte Fine Chemical Q1 net income down 26.9 pct to 29.6 bln won
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SEOUL, April 27 (Yonhap) -- Lotte Fine Chemical Co. on Wednesday reported its first-quarter net profit of 29.6 billion won (US$23.4 million), down 26.9 percent from a year earlier.The company said in a regulatory filing that it posted 110.3 billion w
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Blackstone taps ex-Citibank Korea chief as chairman for Seoul office
SEOUL, April 27 (Yonhap) -- Top global private fund and asset manager Blackstone Inc. said Wednesday that it tapped former Citibank Korea President Ha Yung-ku as chairman for its Seoul operation, as part of its commitment to expanding its presence he
LG Display Q1 net income down 79.6 pct to 54.3 bln won
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SEOUL, April 27 (Yonhap) -- LG Display Co. on Wednesday reported its first-quarter net income of 54.3 billion won (US$43 million), down 79.6 percent from a year earlier.The company said in a regulatory filing that it posted 38.3 billion won in operat
SK Ie Technology Q1 net profit down 71 pct to 7.6 bln won
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SEOUL, April 27 (Yonhap) -- SK Ie Technology Co. on Wednesday reported its first-quarter net income of 7.6 billion won (US$6 million), down 71 percent from a year earlier.The company said in a regulatory filing that it posted an operating loss of 7.6
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