Category: General

LIG Nex1 swings to black in Q4

SEOUL, LIG Nex1 Co. on Wednesday reported its fourth-quarter net income of 49.8 billion won (US$37.5 million), shifting from a loss of 38.5 billion won a year earlier.

The company said in a regulatory filing that it posted 36.9 billion

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LG shifts to profits in Q4

SEOUL, LG Corp. on Wednesday reported its fourth-quarter net profit of 65 billion won (US$49 million), swinging from a loss of 163 billion won a year earlier.

Operating profit for the October-December period was 119.6 billion won, up 15.7 percent

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SK Chemicals swings to red in Q4

SEOUL, SK Chemicals Co. on Wednesday reported its fourth-quarter net loss of 10.6 billion won (US$8 million), swinging from a profit of 83.5 billion won a year earlier.

The company said in a regulatory filing that operating income for the

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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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