#LX International
Industry
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Hanwha Aerospace Q2 net profit down 95.6 pct to 3.8 bln won
SEOUL, July 29 (Yonhap) -- Hanwha Aerospace Co. on Friday reported its second-quarter net profit of 3.8 billion won (US$2.9 million), down 95.6 percent from a year earlier. Operating income for ... 13:48 Jul. 29 -
#HanwhaHanwha revamps key units to bolster push for green energy, battery materials
By Kim Seung-yeon SEOUL, July 29 (Yonhap) -- Hanwha Group, South Korea's seventh-largest conglomerate by assets, announced Friday it will reshape its key affiliates to bolster its push for green ene... 13:48 Jul. 29 -
Hyundai Mipo Dockyard shifts to profits in Q2
SEOUL, July 29 (Yonhap) -- Hyundai Mipo Dockyard Co. on Friday reported its second-quarter net income of 37.5 billion won (US$28.9 million), turning from a loss of 146.9 billion won a year earlier.... 13:42 Jul. 29 -
Hyundai Heavy Industries remains in red in Q2
SEOUL, July 29 (Yonhap) -- Hyundai Heavy Industries Co. on Friday reported its second-quarter net loss of 64.7 billion won (US$49.8 million), remaining in the red compared with a year ago. The c... 13:42 Jul. 29 -
Korea Shipbuilding & Offshore Engineering remains in red in Q2
SEOUL, July 29 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. on Friday reported its second-quarter net loss of 105.6 billion won (US$81.3 million), remaining in the red compared with a ... 13:35 Jul. 29 -
#SK Innovation(2nd LD) SK Innovation logs record results in Q2 on upbeat petroleum product sales
(ATTN: RECASTS headline; UPDATES with details from earnings call in paras 2, 10-11) SEOUL, July 29 (Yonhap) -- SK Innovation Co. said Friday its second-quarter profit more than quadrupled from a y... 13:31 Jul. 29 -
LX International Q2 net income up 108 pct. to 230.9 bln won
SEOUL, July 29 (Yonhap) -- LX International Corp. on Friday reported its second-quarter net profit of 230.9 billion won (US$177.9 million), up 108 percent from a year earlier. The company said i... 13:15 Jul. 29 -
Hanwha Q2 net income up 60.2 pct. to 916.7 bln won
SEOUL, July 29 (Yonhap) -- Hanwha Corp. on Friday reported its second-quarter net profit of 916.7 billion won (US$706.9 million), up 60.2 percent from a year earlier. The company said in a regul... 13:15 Jul. 29 -
#public firmsS. Korea seeks to overhaul public firms to prevent lax management related article
SEOUL, July 29 (Yonhap) -- South Korea on Friday unveiled guidelines to overhaul operations of public firms in a bid to improve their productivity and prevent lax management amid a sharp rise in pe... 11:18 Jul. 29 -
#Hyundai-US executiveHyundai Motor names new CEO for U.S. operations
SEOUL, July 29 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Friday it has named a new chief executive for its U.S. operations amid the prolonged chip shortage. Hyundai ha... 11:05 Jul. 29 -
#SK Innovation(LEAD) SK Innovation's Q2 profit soars on upbeat petroleum product sales
(ATTN: UPDATES throughout with more details; ADDS photo) SEOUL, July 29 (Yonhap) -- SK Innovation Co. said Friday its second-quarter profit more than quadrupled from a year earlier, boosted by rob... 10:54 Jul. 29 -
POSCO raises US$1 bln via overseas debt sale
SEOUL, July 29 (Yonhap) -- POSCO, South Korea's top steelmaker, said Friday that it has raised US$1 billion by selling debts overseas. The two-tranche debt comprises three-year bonds worth $700 ... 10:46 Jul. 29 -
#industrial output(2nd LD) S. Korea's consumption falls for 4th month amid high inflation related article
(ATTN: UPDATES with more details throughout; ADDS photos) By Kim Soo-yeon SEOUL, July 29 (Yonhap) -- South Korea's industrial output rose in June from the previous month, but retail sales declined ... 10:11 Jul. 29 -
#Samsung SDI(LEAD) Samsung SDI logs best-ever results in Q2 on robust EV battery sales
(ATTN: UPDATES with details throughout; ADDS photo) SEOUL, July 29 (Yonhap) -- Samsung SDI Co. said Friday it posted record high operating income and sales in the second quarter, driven by strong ... 10:08 Jul. 29 -
#tax revenueTax revenue up 36.5 tln won in H1 amid economic recovery related article
SEOUL, July 29 (Yonhap) -- South Korea's tax revenue increased 36.5 trillion won (US$28 billion) in the first half from a year earlier as the economic recovery boosted the collection of corporate a... 10:00 Jul. 29 -
#passenger carsExports of passenger cars rise 2.5 pct in H1
SEOUL, July 29 (Yonhap) -- Exports of South Korean-made passenger cars expanded 2.5 percent in the first half of the year, thanks mainly to brisk overseas demand for green cars, data showed Friday.... 09:41 Jul. 29 -
Hanwha Life Insurance Q2 net income up 92.8 pct to 318.6 bln won
SEOUL, July 29 (Yonhap) -- Hanwha Life Insurance Co. on Friday reported its second-quarter net profit of 318.6 billion won (US$245.5 million), up 92.8 percent from a year earlier. Operating inco... 09:27 Jul. 29 -
SK Innovation Q2 net profit up 589.8 pct. to 1.33 tln won
SEOUL, July 29 (Yonhap) -- SK Innovation Co. on Friday reported its second-quarter net income of 1.33 trillion won (US$1 billion), up 589.8 percent from a year earlier. The company said in a reg... 09:17 Jul. 29 -
Samsung SDI Q2 net profit up 41.9 pct to 409.2 bln won
SEOUL, July 29 (Yonhap) -- Samsung SDI Co. on Friday reported its second-quarter net income of 409.2 billion won (US$315.6 million), up 41.9 percent from a year earlier. The company said in a re... 09:13 Jul. 29
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(LEAD) New COVID-19 cases down for 3rd day; deaths at over 3-month high -
Biz circle welcomes pardons of Samsung heir Lee, other moguls -
New COVID-19 cases down for 3rd consecutive day
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(2nd LD) New COVID-19 infections fall for 2nd day; critical cases hit over 3-month high -
SK hynix plans to select site for U.S. chip packaging plant early next year
News Focus
Business
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Samsung's Lee expected to solidify leadership, step up biz activities after receiving pardon -
Traditional car shows struggle amid electrification -
S. Korea moves closer to becoming space power with successful satellite launch
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S. Korean firms in delicate balancing act over U.S. economic framework -
Macro conditions dim prospects for Samsung shares in near future
