Industry

Industry

Hanon Systems 2020 net income down 64.8 pct. to 113.5 bln won
SEOUL, Feb. 9 (Yonhap) -- Hanon Systems on Tuesday reported its 2020 net income of 113.5 billion won (US$101.8 million), down 64.8 percent from a year earlier. Operating profit for the year was 31... 12:54 Feb. 09
Hanon Systems Q4 net profit down 24.8 pct. to 89.7 bln won
SEOUL, Feb. 9 (Yonhap) -- Hanon Systems on Tuesday reported its fourth-quarter net income of 89.7 billion won (US$80.5 million), down 24.8 percent from a year earlier. Operating income for the Oct... 12:54 Feb. 09
#service output
Service output in 15 provinces, cities falls in Q4 amid pandemic related article
SEOUL, Feb. 9 (Yonhap) -- Combined service output declined in 15 provinces and major cities in South Korea in the fourth quarter of last year as the pandemic hit the segments providing face-to-face... 12:00 Feb. 09
Shipyards get off to robust start in new orders in Jan.
By Nam Kwang-sik SEOUL, Feb. 9 (Yonhap) -- South Korean shipbuilders held on to their global No. 1 status in terms of new orders of ships in January, outpacing their Chinese rivals for the seventh s... 11:51 Feb. 09
#Renault-S. Korea plant
Renault warns against low productivity at its S. Korean plant amid pandemic
SEOUL, Feb. 9 (Yonhap) -- A senior Renault Group executive on Tuesday said its South Korean operations should ramp up production and cut manufacturing costs to stay afloat amid the coronavirus cris... 11:39 Feb. 09
#petrochemical firms-carbon neutrality
Petrochemical firms join carbon neutral drive
By Kang Yoon-seung SEOUL, Feb. 9 (Yonhap) -- South Korean petrochemical companies said Tuesday they will join the country's green energy drive, which centers on achieving carbon neutrality by 2050.... 11:00 Feb. 09
#DMI
Doosan Mobility Innovation to develop hydrogen-fueled firefighting robots related article
By Nam Kwang-sik SEOUL, Feb. 9 (Yonhap) -- Doosan Mobility Innovation (DMI), a producer of portable fuel cell power packs, said Tuesday it has signed a deal with a Chinese robot maker to jointly d... 10:44 Feb. 09
#advertisement
S. Korean ad market edges down in 2020 amid coronavirus impact
SEOUL, Feb. 9 (Yonhap) -- South Korea's overall advertising expenditure inched down in 2020 due to the coronavirus pandemic, but the digital ad market expanded at a double-digit rate, a report show... 10:23 Feb. 09
SKC 2020 net profit up 6.8 pct. to 72 bln won
SEOUL, Feb. 9 (Yonhap) -- SKC Ltd. on Tuesday reported its 2020 net income of 72 billion won (US$64.4 million), up 6.8 percent from a year earlier. The company said in a regulatory filing that i... 10:14 Feb. 09
SKC swings to red in Q4
SEOUL, Feb. 9 (Yonhap) -- SKC Ltd. on Tuesday reported its fourth-quarter net loss of 35.4 billion won (US$31.7 million), shifting from a profit of 6.8 billion won a year earlier. The company sa... 10:13 Feb. 09
#LG
China's Skyworth apologizes over misusing image of LG's rollable TV related article
SEOUL, Feb. 9 (Yonhap) -- Chinese electronics giant Skyworth has apologized over misusing an image of LG Electronics Inc.'s rollable TV during its presentation at a tech expo last month, industry i... 09:56 Feb. 09
#Kakao earnings
(LEAD) Kakao swings to black in 2020 on robust platform, e-commerce
(ATTN: RECASTS headline, lead; UPDATES with more info throughout; ADDS photo, byline; COMBINES with a story slugged Kakao-Q4 earnings) By Kim Han-joo SEOUL, Feb. 9 (Yonhap) -- Kakao Corp., the oper... 08:39 Feb. 09
#LG Electronics
LG Electronics ramps up EV motor production amid mobility push related article
SEOUL, Feb. 9 (Yonhap) -- LG Electronics Inc. said Tuesday some of its electric vehicle (EV) motor production lines will be in operation even during the Lunar New Year's holiday as the tech giant e... 08:25 Feb. 09
Kakao turns to profits in 2020
SEOUL, Feb. 9 (Yonhap) -- Kakao Corp. on Tuesday reported its 2020 net profit of 167.1 billion won (US$149.2 million), swinging from a loss of 341.9 billion won a year earlier. Operating profit ... 08:11 Feb. 09
Kakao remains in red in Q4
SEOUL, Feb. 9 (Yonhap) -- Kakao Corp. on Tuesday reported its fourth-quarter net loss of 201.8 billion won (US$180.2 million), remaining in the red compared with a year ago. Operating income for... 08:11 Feb. 09
Is Dongseo 2020 net profit up 87.8 pct. to 139.4 bln won
SEOUL, Feb. 8 (Yonhap) -- Is Dongseo Co. on Monday reported its 2020 net profit of 139.4 billion won (US$124.6 million), up 87.8 percent from a year earlier. Operating profit for the year was 207.... 17:54 Feb. 08
Is Dongseo Q4 net income down 17.4 pct. to 14.9 bln won
SEOUL, Feb. 8 (Yonhap) -- Is Dongseo Co. on Monday reported its fourth-quarter net profit of 14.9 billion won (US$13.3 million), down 17.4 percent from a year earlier. Operating profit for the Oct... 17:54 Feb. 08
#CJ Cheiljedang
(LEAD) CJ Cheiljedang 2020 net more than quadruples on robust overseas sales
(ATTN: RECASTS headline, lead; ADDS data throughout, photo) SEOUL, Feb. 8 (Yonhap) -- CJ Cheiljedang Corp., South Korea's leading food manufacturer, said Monday its net profit more than quadrupled ... 17:28 Feb. 08
GS Retail 2020 net profit up 7.6 pct. to 154.5 bln won
SEOUL, Feb. 8 (Yonhap) -- GS Retail Co. on Monday reported its 2020 net profit of 154.5 billion won (US$138 million), up 7.6 percent from a year earlier. The company said in a regulatory filing ... 16:39 Feb. 08
GS Retail Q4 net profit down 44.5 pct. to 5.4 bln won
SEOUL, Feb. 8 (Yonhap) -- GS Retail Co. on Monday reported its fourth-quarter net profit of 5.4 billion won (US$4.8 million), down 44.5 percent from a year earlier. The company said in a regulat... 16:39 Feb. 08