Day: February 7, 2024

S. Korea, Qatar sign MOU to boost defense cooperation

SEOUL, South Korea and Qatar have signed an initial agreement to strengthen bilateral defense cooperation during talks between their defense chiefs, officials said Wednesday, amid Seoul’s push to boost arms exports to the Middle East.

Defense Minist…

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LG Uplus Q4 net income down 34 pct to 105.2 bln won

SEOUL, LG Uplus Corp. on Wednesday reported its fourth-quarter net income of 105.2 billion won (US$79.5 million), down 34 percent from a year earlier.

The company said in a regulatory filing that operating profit for the October-December period fell…

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Poongsan Q4 net income down 3.8 pct to 39.2 bln won

SEOUL, Poongsan Corp. on Wednesday reported its fourth-quarter net profit of 39.2 billion won (US$29.6 million), down 3.8 percent from a year earlier.

The company said in a regulatory filing that it posted 59.5 billion won in operating profit

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Netmarble remains in red in 2023

SEOUL, Netmarble Corp. on Wednesday reported its 2023 net loss of 313.3 billion won (US$236 million), remaining in the red compared with the previous year.

The company said in a regulatory filing that it continued to post an operating

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