BRAND

• Kiwoom Securities Q1 net profit up 107.3 pct to 292.4 bln won

  BRAND

  SEOUL, May 9 (Yonhap) -- Kiwoom Securities Co. on Tuesday reported its first-quarter net profit of 292.4 billion won (US$220.9 million), up 107.3 percent from a year earlier.Operating profit for the January-March period was 388.9 billion won, up 82.4
• Dongwon Industries Q1 net income down 7.4 pct to 72.5 bln won

  BRAND

  SEOUL, May 9 (Yonhap) -- Dongwon Industries Co. on Tuesday reported its first-quarter net profit of 72.5 billion won (US$54.7 million), down 7.4 percent from a year earlier.Operating profit for the January-March period was 117.3 billion won, down 18.
• 

  BRAND

  Jin Air shifts to net profit in Q1 as travel demand recovers

  SEOUL, May 9 (Yonhap) -- Jin Air Co., the budget carrier unit of Korean Air Co., said Tuesday it shifted to a net profit in the first quarter from a year earlier on improved travel demand amid eased COVID-19 virus curbs. Jin Air swung to a net profit
• Yonhap News Summary

  BRAND

  The following is the second summary of major stories moved by Yonhap News Agency on Tuesday.--------------------(LEAD) Yoon says the best has yet to come in relations with Japan(ATTN: UPDATES with additional remarks by Yoon)SEOUL -- President Yoon Su
• 

  BRAND

  U.S. to extend wavier for S. Korean firms from chips export curbs on China: industry chief

  SEJONG, May 9 (Yonhap) -- The United States is expected to extend a one-year waiver for South Korean chipmakers from its restrictions on sending semiconductor-related tools to China "for a considerable period of time," Seoul's industr
• 

  BRAND

  FSS chief renews S. Korea's commitment to creating favorable environment for global investors

  SEOUL, May 9 (Yonhap) -- South Korea's financial regulator chief on Tuesday reaffirmed South Korea's commitment to creating a favorable environment for global investors as he made a rare trip to Southeast Asia.Lee Bok-hyun, the chief of the F
• GS Holdings Q1 net profit down 30.4 pct to 521.1 bln won

  BRAND

  SEOUL, May 9 (Yonhap) -- GS Holdings on Tuesday reported its first-quarter net profit of 521.1 billion won (US$393.6 million), down 30.4 percent from a year earlier.The company said in a regulatory filing that it posted 1.06 trillion won in operating
• SK Chemicals Q1 net income down 75 pct to 11.4 bln won

  BRAND

  SEOUL, May 9 (Yonhap) -- SK Chemicals Co. on Tuesday reported its first-quarter net profit of 11.4 billion won (US$8.6 million), down 75 percent from a year earlier.The company said in a regulatory filing that it posted 8.6 billion won in operating p
• Ssangyong C&E remains in red in Q1

  BRAND

  SEOUL, May 9 (Yonhap) -- Ssangyong C&E Co. on Tuesday reported its first-quarter net loss of 25.9 billion won (US$19.5 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it posted an operating loss of
• GS Retail Q1 net income up 242.6 pct to 17.8 bln won

  BRAND

  SEOUL, May 9 (Yonhap) -- GS Retail Co. on Tuesday reported its first-quarter net income of 17.8 billion won (US$13.4 million), up 242.6 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-March pe
• Krafton Q1 net income up 9 pct to 267.2 bln won

  BRAND

  SEOUL, May 9 (Yonhap) -- Krafton Inc. on Tuesday reported its first-quarter net profit of 267.2 billion won (US$201.8 million), up 9 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-March perio
• 

  BRAND

  (LEAD) S. Korea to offer tax benefits on investment in EV sector

  (ATTN: UPDATES with background in paras 8-12) By Kang Yoon-seungSEOUL, May 9 (Yonhap) -- South Korea's finance ministry said Tuesday the government will expand support on the electric vehicle (EV) sector under a new tax code that centers on lendi
• Kolon Industries Q1 net income down 67.8 pct to 28.4 bln won

  BRAND

  SEOUL, May 9 (Yonhap) -- Kolon Industries Inc. on Tuesday reported its first-quarter net profit of 28.4 billion won (US$21.4 million), down 67.8 percent from a year earlier.The company said in a regulatory filing that it posted 28.9 billion won in op
• S. Korea, Saudi Arabia to sign MOUs for mobility, road projects

  BRAND

  SEOUL, May 9 (Yonhap) -- South Korea and Saudi Arabia signed two initial agreements on Tuesday for future mobility and roads, the transport ministry said, in the latest move to boost cooperation between the two countries.The memorandums of understand
• 

  BRAND

  S. Korea to offer tax benefits on investment in EV sector

  By Kang Yoon-seungSEOUL, May 9 (Yonhap) -- South Korea's finance ministry said Tuesday the government will expand support on the electric vehicle (EV) sector under a new tax code that centers on lending hands to strategic industries amid ailing e
• Hyundai Department Store Q1 net profit down 7.8 pct to 69.5 bln won

  BRAND

  SEOUL, May 9 (Yonhap) -- Hyundai Department Store Co. on Tuesday reported its first-quarter net income of 69.5 billion won (US$52.6 million), down 7.8 percent from a year earlier.The company said in a regulatory filing that it posted 77.9 billion won
• 

  BRAND

  Manufacturers' domestic supply down 0.4 pct in Q1

  SEOUL, May 9 (Yonhap) -- South Korean manufacturers' domestic supply edged down 0.4 percent on-year in the January-March period, data showed Tuesday, led by domestic chemical and electronic goods. The manufacturing domestic supply index was estim
• Number of retailers on online market platforms more than doubles in 5 years

  BRAND

  By Kang Yoon-seungSEOUL, May 9 (Yonhap) -- The number of retailers selling products through digital marketplaces more than doubled over the past five years, data showed Tuesday, reflecting the growing popularity of online shopping.Some 543,000 busine
• 

  BRAND

  Foreigners buy 5.96 tln won of S. Korean stocks, bonds in April

  SEOUL, May 9 (Yonhap) -- Foreign investors bought a net 5.96 trillion won (US$4.5 billion) worth of South Korean stocks and bonds in April, logging the biggest monthly purchase in 16 months, the country's financial regulator said Tuesday. Foreign
• 

  BRAND

  S. Korean shipyards rank 2nd in new global orders in April

  SEOUL, May 9 (Yonhap) -- South Korean shipyards lagged far behind their Chinese rivals in terms of new global orders to place second in the world in April amid plunging demand, industry data showed Tuesday.Local shipbuilders clinched a combined 380,0