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• Hankook Tire Q1 net down 15 pct to 95.9 bln won

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  SEOUL, May 12 (Yonhap) -- Hankook Tire & Technology Co. on Friday reported its first-quarter net profit of 95.9 billion won (US$72 million), down 15 percent from a year earlier.The company said in a regulatory filing that it posted 190.9 billion won
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  Economic slowdown continues on weak exports, manufacturing performance: gov't

  By Kang Yoon-seungSEOUL, May 12 (Yonhap) -- South Korea's finance ministry said Friday the country's domestic consumption has been showing a steady recovery, but the economy has continued to slow due to sluggish exports and facility investmen
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  Hanwha Systems wins US$34.5 mln deal to supply combat system to Philippine Navy

  SEOUL, May 12 (Yonhap) -- Hanwha Systems Co., the defense and ICT unit of South Korea's Hanwha Group, said Friday it has won a US$34.5 million contract to supply its combat management system (CMS) to the Philippine Navy. Hanwha's indigenous c
• Kolmar Korea Q1 net income down 54.6 pct to 6.5 bln won

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  SEOUL, May 12 (Yonhap) -- Kolmar Korea Co. on Friday reported its first-quarter net income of 6.5 billion won (US$4.9 million), down 54.6 percent from a year earlier.The company said in a regulatory filing that it posted 12.1 billion won in operating
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  S. Korea to issue travel coupons to boost domestic consumption

  SEOUL, May 12 (Yonhap) -- South Korea's finance ministry said Friday the government will issue a set of coupons for local accommodations and tour packages in line with efforts to boost domestic consumption.The move came a day after President Yoon
• Samsung Fire & Marine Insurance Q1 net profit up 16.6 pct to 613.3 bln won

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  SEOUL, May 12 (Yonhap) -- Samsung Fire & Marine Insurance Co. on Friday reported its first-quarter net income of 613.3 billion won (US$462.4 million), up 16.6 percent from a year earlier.Operating income for the January-March period was 833.3 billion
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  (LEAD) Lotte Shopping Q1 net income down 16.4 pct on weak consumption

  SEOUL, May 11 (Yonhap) -- Lotte Shopping Co. said Thursday its first-quarter net profit fell 16.4 percent from a year earlier amid weak consumption and an economic slowdown, though its operating profit continued its upward trend from last year. Net p
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  (LEAD) Lotte Chemical eyes 7 tln won sales in battery components by 2030

  (ATTN: ADDS more details throughout, closing share price)By Kim Seung-yeon SEOUL, May 11 (Yonhap) -- Lotte Chemical Corp. said Thursday it expects to generate at least 7 trillion won (US$5.26 billion) in annual revenue from its secondary battery comp
• Mirae Asset Securities Q1 net income up 15.7 pct to 238.2 bln won

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  SEOUL, May 11 (Yonhap) -- Mirae Asset Securities Co. on Thursday reported its first-quarter net income of 238.2 billion won (US$179.6 million), up 15.7 percent from a year earlier.The company said in a regulatory filing that it posted 281.7 billion w
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  McDonald's Korea net losses deepen in 2022 despite strong sales

  SEOUL, May 11 (Yonhap) -- McDonald's Korea said Thursday its net losses widened in 2022 from a year earlier, despite strong sales.Net losses deepened to 36.3 billion won (US$27.4 million) last year from 34.9 billion won in 2021, the South Korean
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  (LEAD) KT&G Q1 net rises 4 pct on increased exports

  (ATTN: RECASTS throughout; ADDS photo)SEOUL, May 11 (Yonhap) -- KT&G Corp., South Korea's dominant tobacco company, said Thursday its first-quarter net profit rose 4 percent from a year earlier helped by increased exports.Net profit for the three
• Samsung Securities Q1 net profit up 66.4 pct to 252.6 bln won

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  SEOUL, May 11 (Yonhap) -- Samsung Securities Co. on Thursday reported its first-quarter net income of 252.6 billion won (US$190.5 million), up 66.4 percent from a year earlier.The company said in a regulatory filing that it posted 341.6 billion won i
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  (2nd LD) Netmarble remains in red in Q1

  (ATTN: ADDS Netmarble's stock price in last para)SEOUL, May 11 (Yonhap) -- Netmarble Corp., a major South Korean game developer and publisher, said Thursday it remained in the red in the first quarter from a year earlier due to sluggish sales.The
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  (2nd LD) SK Biopharmaceuticals Q1 net loss narrows on robust sales

  (ATTN: ADDS SK Biopharm's stock price in last para)SEOUL, May 11 (Yonhap) -- SK Biopharmaceuticals Co., a biopharmaceutical affiliate of SK Group, said Thursday its first-quarter net loss narrowed from a year earlier thanks to robust sales of its
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  (2nd LD) LG Uplus Q1 net income down 9 pct on compensation for network failures

  (ATTN: ADDS LG Uplus' stock price in last para)SEOUL, May 11 (Yonhap) -- LG Uplus Corp., South Korea's No. 3 mobile carrier, said Thursday its first-quarter net profit declined 9 percent from a year earlier due to compensation for network fai
• Korea Gas Q1 net income down 81.1 pct to 139.4 bln won

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  SEOUL, May 11 (Yonhap) -- Korea Gas Corp. on Thursday reported its first-quarter net income of 139.4 billion won (US$105.1 million), down 81.1 percent from a year earlier.Operating income for the January-March period was 588.4 billion won, down 35.5
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  (2nd LD) KT Q1 net profit down 32 pct due to base effect

  (ATTN: ADDS KT's stock price in last para)SEOUL, May 11 (Yonhap) -- KT Corp., South Korea's No. 2 wireless carrier, said Thursday its first-quarter net profit declined 32 percent from a year earlier due to a base effect.KT's net income am
• Lotte Chemical Q1 net income up 94.4 pct to 226.7 bln won

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  SEOUL, May 11 (Yonhap) -- Lotte Chemical Corp. on Thursday reported its first-quarter net profit of 226.7 billion won (US$170.9 million), up 94.4 percent from a year earlier.The company said in a regulatory filing that it posted an operating loss of
• KT&G Q1 net profit up 4.1 pct to 274.2 bln won

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  SEOUL, May 11 (Yonhap) -- KT&G Corp. on Thursday reported its first-quarter net income of 274.2 billion won (US$206.8 million), up 4.1 percent from a year earlier.The company said in a regulatory filing that it posted 316.5 billion won in operating p
• Lotte Shopping Q1 net income down 16.4 pct to 57.8 bln won

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  SEOUL, May 11 (Yonhap) -- Lotte Shopping Co. on Thursday reported its first-quarter net profit of 57.8 billion won (US$43.6 million), down 16.4 percent from a year earlier.The company said in a regulatory filing that operating income for the January-