SEOUL, LG Corp. on Wednesday reported its 2023 net profit of 1.41 trillion won (US$1.1 billion), down 33.2 percent from a year earlier.
Operating profit for the year was 1.58 trillion won, down 18.2 percent from the previous year,
SEOUL, NCSOFT Corp. on Wednesday reported its 2023 net income of 213.9 billion won (US$161.1 million), down 50.9 percent from a year earlier.
Operating profit for the year was 137.3 billion won, down 75.4 percent from the previous year,
South Korea’s financial regulators remain jittery about growing risks linked to real estate project financing loans. No wonder, then, that financial officials have been actively issuing more warnings with more details.
One notable change is that the…
SEOUL, South Korea’s agricultural ministry said Wednesday it plans to reduce the size of local rice paddies by 26,000 hectares this year to keep an optimal supply of rice while maintaining prices.
The decision was based on the government’s
SEOUL, Police will establish a new investigation division exclusively dedicated to phishing crimes in a bid to better fight increasingly sophisticated phishing attacks, officials said Wednesday.
The National Police Agency unveiled the plan during a …
SEOUL, KB Financial Group Inc. on Wednesday reported its 2023 net income of 4.56 trillion won (US$3.4 billion), up 16.1 percent from a year earlier.
The company said in a regulatory filing that operating income for the year rose
SEOUL, Negotiations on the sale of South Korea’s top container shipper, HMM Co., to a local consortium fell apart due to differences over some issues, creditors said Wednesday.
Two state agencies — the state-run Korea Development Bank (KDB) and
Samsung Electronics and other Samsung affiliates are widely anticipated to resume full-scale business activities, prompted by the recent court acquittal of Samsung Executive Chairman Lee Jae-yong of all charges related to accounting fraud and other a…
SEOUL, DL Holdings Co. on Wednesday reported its fourth-quarter net profit of 37.5 billion won (US$28.2 million), down 37.6 percent from a year earlier.
The company said in a regulatory filing that it posted 77.9 billion won in operating
SEOUL, Hyundai Department Store Co. on Wednesday reported its fourth-quarter net loss of 198.8 billion won (US$149.8 million), remaining in the red compared with a year ago.
Operating income for the October-December period was 96 billion won, up 39….