SEOUL– Hyundai Doosan Infracore Co. on Friday reported its fourth-quarter net profit of 32.7 billion won (US$26.6 million), down 81.7 percent from a year earlier.The company said in a regulatory filing that it posted 66.4 billion won in operating prof…
Category: Business
Naver 2022 net profit down 96 pct on one-off factor
SEOUL– South Korean internet portal giant Naver Corp. said Friday its net profit plunged in 2022 from a year earlier due to a one-off factor stemming from a business integration a year earlier.Its net income reached 664 billion won (US$544.1 million),…
LG Uplus 2022 net income down 8.5 pct on increased financial costs
SEOUL– LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Friday its 2022 net profit fell from a year earlier due to increased financial costs.Its net income reached 662.6 billion won (US$540.8 million) for 2022, down 8.5 percent from a year ago…
DL Holdings 2022 net profit down 88.5 pct to 100.6 bln won
SEOUL– DL Holdings Co. on Friday reported its 2022 net profit of 100.6 billion won (US$81.9 million), down 88.5 percent from a year earlier.The company said in a regulatory filing that operating profit for the year rose 26.3 percent on-year to 280.4 b…
Hankook Tire Q4 net falls 65 pct on strong won
SEOUL– Hankook Tire & Technology Co. said Thursday its fourth-quarter net profit plunged 65 percent from a year earlier as a strong won cut into the bottom line.Net profit for the three months ended Dec. 31 fell to 28.4…
BNK Financial Group 2022 net income up 2.9 pct to 858.3 bln won
SEOUL– BNK Financial Group Inc. on Thursday reported its 2022 net income of 858.3 billion won (US$703.4 million), up 2.9 percent from a year earlier.The company said in a regulatory filing that it posted 1.15 trillion won in operating profit for the y…
S. Korean Bond Yields on Feb. 2, 2023
Today (%) Previous Session(%) Change (BP)1-year TB 3.424 3.447 -2.32-year TB 3.313 3.395 -8.23-year TB 3.183 3.263 -8.010-year TB 3.207 3.239 -3.22-year MSB 3.321 3.394 -7.33-year CB (AA-) 4.177 4.268 -9.191-day CD 3.520 3.590 -7.0Source: Yonhap News A…
Families of S. Koreans detained in N. Korea urge U.N. efforts for repatriation
SEOUL– The families of South Korean detainees in North Korea on Thursday called for United Nations’ efforts to win the release of their loved ones as they met a U.N. special rapporteur for the North’s human rights.During their talks with Elizabeth Sal…
Hankook Tire 2022 net income up 13.5 pct to 686 bln won
SEOUL– Hankook Tire & Technology Co. on Thursday reported its 2022 net profit of 686 billion won (US$562.1 million), up 13.5 percent from a year earlier.Operating income for the year was 705.8 billion won, up 9.9 percent from the previous year…
Hankook Tire Q4 net profit down 65.4 pct to 28.5 bln won
SEOUL– Hankook Tire & Technology Co. on Thursday reported its fourth-quarter net profit of 28.5 billion won (US$23.3 million), down 65.4 percent from a year earlier.The company said in a regulatory filing that operating income for the October-Dece…