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…
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…
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),…
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…
SEOUL– K-pop girl group TWICE will roll out its 12th EP, “Ready to Be,” next month, the group’s agency said Friday.The upcoming album will drop on March 10 to become the first EP from the nine-piece group since “Between 1&2” in Aug…
SEOUL– The following are the major cultural and tourist festivals to be held in South Korea in February.* Uljin Snow Crab and Red Snow Crab FestivalWhen: Feb. 23-26Where: Hupo Port, Uljin, North Gyeongsang ProvinceSnow crab, or “daege,” is a specialty…
SEOUL– South Korean shares gained for a third consecutive day on Friday as investors digest the U.S. Federal Reserve’s latest rate decision earlier this week, in addition to outlook for local corporate earnings. The Korean won fell against the U.S. do…
SEOUL– Woori Financial Group Inc. on Friday nominated former Financial Services Commission (FSC) chief Yim Jong-yong as its next chairman and CEO.The chairman nomination committee of the major financial holding firm picked Yim as the final candidate a…
SEOUL– M-venture Investment Inc.on Friday announced that it will sell stock to raise 15 billion won (US$12.2 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, the company …
SEOUL– President Yoon Suk Yeol on Friday met with a group of officials involved in South Korea’s construction of a nuclear power plant in the United Arab Emirates to learn from their experience and help promote the industry’s growth, his office said.T…
