Day: April 26, 2024

S. Korea to acquire SM-3 shipborne missiles by 2030

South Korea will buy Standard Missile-3 (SM-3) shipborne interceptors from the United States to bolster the missile shield against North Korean threats, the state procurement agency said Friday.

The SM-3, a ship-based surface-to-air missile system u…

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S-1 Q1 net profit down 15.4 pct to 40.7 bln won

S-1 Corp. on Friday reported its first-quarter net profit of 40.7 billion won (US$29.5 million), down 15.4 percent from a year earlier.

Operating income for the January-March period was 48.8 billion won, down 21.9 percent from a year ago,

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Kia Q1 net profit up 32.5 pct to 2.8 tln won

Kia Corp. on Friday reported its first-quarter net profit of 2.8 trillion won (US$2 billion), up 32.5 percent from a year earlier.

Operating income for the January-March period was 3.42 trillion won, up 19.2 percent from a year ago,

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