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GS Retail swings to loss in Q4
BRAND
SEOUL, Feb. 8 (Yonhap) -- GS Retail Co. on Tuesday reported its fourth-quarter net loss of 27.6 billion won (US$23 million), shifting from a profit of 5.4 billion won a year earlier.Operating profit for the October-December period was 25.5 billion wo
KB Financial Group 2021 net income up 25.2 pct. to 4.38 tln won
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SEOUL, Feb. 8 (Yonhap) -- KB Financial Group Inc. on Tuesday reported its 2021 net profit of 4.38 trillion won (US$3.7 billion), up 25.2 percent from a year earlier.The company said in a regulatory filing that operating profit for the year rose 32.1
KB Financial Group Q4 net income up 1.6 pct. to 586.1 bln won
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SEOUL, Feb. 8 (Yonhap) -- KB Financial Group Inc. on Tuesday reported its fourth-quarter net income of 586.1 billion won (US$489.4 million), up 1.6 percent from a year earlier.Operating profit for the October-December period was 889.6 billion won, up
Lotte Chemical 2021 net profit up 724 pct. to 1.44 tln won
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SEOUL, Feb. 8 (Yonhap) -- Lotte Chemical Corp. on Tuesday reported its 2021 net income of 1.44 trillion won (US$1.2 billion), up 724 percent from a year earlier.The company said in a regulatory filing that it posted 1.53 trillion won in operating pro
Lotte Chemical Q4 net profit up 7.1 pct. to 93.2 bln won
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SEOUL, Feb. 8 (Yonhap) -- Lotte Chemical Corp. on Tuesday reported its fourth-quarter net profit of 93.2 billion won (US$77.8 million), up 7.1 percent from a year earlier.The company said in a regulatory filing that it posted 29.7 billion won in oper
Poongsan 2021 net profit up 222.3 pct. to 231.8 bln won
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SEOUL, Feb. 8 (Yonhap) -- Poongsan Corp. on Tuesday reported its 2021 net profit of 231.8 billion won (US$193.5 million), up 222.3 percent from a year earlier.The company said in a regulatory filing that it posted 314.1 billion won in operating profi
Poongsan Q4 net profit up 31 pct. to 44.1 bln won
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SEOUL, Feb. 8 (Yonhap) -- Poongsan Corp. on Tuesday reported its fourth-quarter net income of 44.1 billion won (US$36.8 million), up 31 percent from a year earlier.The company said in a regulatory filing that it posted 64.4 billion won in operating p
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(3rd LD) LG Chem eyes 60 tln won sales by 2030 with green transition drive
(ATTN: ADDS closing share price at bottom) By Kim Seung-yeon SEOUL, Feb. 8 (Yonhap) -- LG Chem Ltd., South Korea's leading chemical maker, said Tuesday it aims to more than double its revenue to 60 trillion won (US$50.1 billion) by 2030 as it acc
Lotte Shopping remains in red in 2021
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SEOUL, Feb. 8 (Yonhap) -- Lotte Shopping Co. on Tuesday reported its 2021 net loss of 286.8 billion won (US$239.5 million), remaining in the red compared with the previous year.The company said in a regulatory filing that it posted 215.6 billion won
Lotte Shopping remains in red in Q4
BRAND
SEOUL, Feb. 8 (Yonhap) -- Lotte Shopping Co. on Tuesday reported its fourth-quarter net loss of 517.4 billion won (US$432 million), remaining in the red compared with a year ago.The company said in a regulatory filing that operating profit for the Oc
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(2nd LD) LG Energy Solution turns to black in Q4 on strong EV battery sales
(ATTN: ADDS closing share price at bottom)By Kim Seung-yeon SEOUL, Feb. 8 (Yonhap) -- LG Energy Solution Ltd. said Tuesday it swung to the black in the fourth quarter from a year earlier on the back of strong electric vehicle (EV) battery sales.Net i
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(2nd LD) LG Chem eyes 60 tln won sales by 2030 with green transition drive
(ATTN: RECASTS headline, lead; ADDS more details in paras 2-10; TRIMS throughout) By Kim Seung-yeon SEOUL, Feb. 8 (Yonhap) -- LG Chem Ltd., South Korea's leading chemical maker, said Tuesday it aims to more than double its revenue to 60 trillion
Kakaopay remains in red in 2021
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SEOUL, Feb. 8 (Yonhap) -- Kakaopay Corp. on Tuesday reported its 2021 net loss of 32.3 billion won (US$27 million), remaining in the red compared with the previous year.The company said in a regulatory filing that it continued to post an operating lo
Kakaopay remains in red in Q4
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SEOUL, Feb. 8 (Yonhap) -- Kakaopay Corp. on Tuesday reported its fourth-quarter net loss of 33.1 billion won (US$27.6 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to post an operati
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Hyundai reenters Japan with online-only sales, all-electric cars
SEOUL, Feb. 8 (Yonhap) -- South Korea's leading carmaker Hyundai Motor Co. said Tuesday it has reentered the Japanese passenger vehicle market for the first time in 12 years, but this time with an online-only sales platform and all-electric model
Oci swings to black in 2021
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SEOUL, Feb. 8 (Yonhap) -- Oci Co. on Tuesday reported its 2021 net profit of 646.6 billion won (US$539.8 million), turning from a loss of 251.2 billion won a year earlier.Operating profit for the year was 626.1 billion, compared with a loss of 86.1 b
Oci shifts to black in Q4
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SEOUL, Feb. 8 (Yonhap) -- Oci Co. on Tuesday reported its fourth-quarter net profit of 284 billion won (US$237.1 million), swinging from a loss of 161.1 billion won a year earlier.The company said in a regulatory filing that it posted 218.2 billion w
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Global appraisers concerned about fallout of S. Korea's debt growth pace: finance chief
SEOUL, Feb. 8 (Yonhap) -- South Korea's finance minister said Tuesday global credit appraisers are concerned about the growth pace of the country's national debt, which could negatively affect its sovereign rating over the medium term.Finance
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(LEAD) LG Chem eyes 60 tln won in sales by 2030
(ATTN: ADDS more details throughout, photo; INCORPORATES story slugged LG Chem-2021 earnings) By Kim Seung-yeon SEOUL, Feb. 8 (Yonhap) -- LG Chem Ltd., South Korea's leading chemical maker, said Tuesday it aims to boost its sales to 60 trillion w
LG Chem 2021 net profit up 479.4 pct to 3.95 tln won
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SEOUL, Feb. 8 (Yonhap) -- LG Chem Ltd. on Tuesday reported its 2021 net profit of 3.95 trillion won (US$3.3 billion), up 479.4 percent from a year earlier.The company said in a regulatory filing that operating income for the year rose 178.4 percent o
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