Industry

Industry

Samsung Life Insurance Q2 net income up 70.3 pct. to 199 bln won
SEOUL, Aug. 12 (Yonhap) -- Samsung Life Insurance Co. on Friday reported its second-quarter net profit of 199 billion won (US$152.7 million), up 70.3 percent from a year earlier. Operating incom... 09:03 Aug. 12
NCSOFT Q2 net profit up 25.8 pct to 118.7 bln won
SEOUL, Aug. 12 (Yonhap) -- NCSOFT Corp. on Friday reported a second-quarter net profit of 118.7 billion won (US$91.1 million), up 25.8 percent from a year earlier. Operating profit for the April... 08:07 Aug. 12
#Netmarble
(LEAD) Netmarble shifts to net loss in Q2 due to increased spending related article
(ATTN: RECASTS headline, throughout with more info; ADDS photo) SEOUL, Aug. 11 (Yonhap) -- Netmarble Corp., a major South Korean game developer and publisher, said Thursday it swung to a net loss ... 16:32 Aug. 11
(LEAD) Emart swings to loss in Q2 on increased expenses, tax
(ATTN: RECASTS headline, throughout with more info; ADDS photo) SEOUL, Aug. 11 (Yonhap) -- South Korean discount retailer Emart Inc. said Thursday it swung to a net loss in the second quarter of th... 16:19 Aug. 11
#LG
LG Q2 net profit down 52.3 pct to 478 bln won
SEOUL, Aug. 11 (Yonhap) -- LG Corp. on Thursday reported its second-quarter net income of 478 billion won (US$366.8 million), down 52.3 percent from a year earlier. Operating income for the Apri... 16:14 Aug. 11
Netmarble shifts to loss in Q2
SEOUL, Aug. 11 (Yonhap) -- Netmarble Corp. on Thursday reported its second-quarter net loss of 120.5 billion won (US$92.5 million), turning around from a profit of 48.2 billion won a year earlier. ... 15:56 Aug. 11
Krafton Q2 net profit up 37.3 pct to 194 bln won
SEOUL, Aug. 11 (Yonhap) -- Krafton Inc. on Thursday reported a second-quarter net income of 194 billion won (US$148.9 million), up 37.3 percent from a year earlier. Operating income for the Apri... 15:55 Aug. 11
Hyundai Department Store Q2 net profit up 11.2 pct to 53.7 bln won
SEOUL, Aug. 11 (Yonhap) -- Hyundai Department Store Co. on Thursday reported its second-quarter net profit of 53.7 billion won (US$41.2 million), up 11.2 percent from a year earlier. Operating p... 15:38 Aug. 11
#price fixing
Hyundai Steel, 10 other steelmakers fined for price fixing
SEOUL, Aug. 11 (Yonhap) -- South Korea's antitrust regulator said Thursday it has decided to impose a combined fine of 256.5 billion won (US$197.5 million) on the country's No. 2 steelmaker, Hyunda... 14:57 Aug. 11
#Market Kurly
E-grocery startup Market Kurly partners with RedMart to sell Korean food in Singapore
SEOUL, Aug. 11 (Yonhap) -- South Korean e-grocery startup Market Kurly has partnered with RedMart, a Singaporean online grocery giant, to sell Korean food online in the Southeast Asian city-state, ... 14:35 Aug. 11
Korea Gas swings to black in Q2
SEOUL, Aug. 11 (Yonhap) -- Korea Gas Corp. on Thursday reported a second-quarter net profit of 151.4 billion won (US$116.1 million), turning around from a loss of 52.6 billion won a year earlier. ... 14:18 Aug. 11
E-Mart shifts to loss in Q2
SEOUL, Aug. 11 (Yonhap) -- E-Mart Inc. on Thursday reported a second-quarter net loss of 63.1 billion won (US$48.5 million), swinging from a profit of 483 billion won a year earlier. The company... 13:24 Aug. 11
#service output
Service output in all provinces, major cities up in Q2
SEJONG, Aug. 11 (Yonhap) -- Service output increased in all 16 provinces and major cities of South Korea in the second quarter of the year amid eased coronavirus curbs, data showed Thursday. The... 12:00 Aug. 11
Samsung Fire & Marine Insurance net up 9 pct in Q2
SEOUL, Aug. 11 (Yonhap) -- Samsung Fire & Marine Insurance Co., South Korea's No. 1 non-life insurer, said Thursday its second-quarter earnings rose 9 percent from a year ago thanks to a decreased ... 11:33 Aug. 11
GS Retail withdraws from health and beauty market, set to close all lalavla stores
SEOUL, Aug. 11 (Yonhap) -- GS Retail Co. said Thursday it will close all of its lalavla shops, 17 years after it entered the health and beauty (H&B) store market, due to slumping sales amid the co... 11:20 Aug. 11
#Coupang
(LEAD) E-commerce giant Coupang's Q2 operating loss narrows on brisk sales
(ATTN: ADDS more in paras 6, 11-14) SEOUL, Aug. 11 (Yonhap) --E-commerce giant Coupang Inc. said Thursday its second-quarter operating loss narrowed sharply from a year earlier on resilient sales. ... 11:10 Aug. 11
#ICT exports
ICT exports inch down in July amid weakened smartphone, computer demand related article
SEOUL, Aug. 11 (Yonhap) -- South Korea's exports of information and communication technology (ICT) products inched down in July from a year earlier due to a slowdown of global demand in smartphone ... 11:00 Aug. 11
#carmakers-recall
(LEAD) Hyundai Motor to recall over 70,000 vehicles over faulty parts
(ATTN: CHANGES headline, first 3 paras; ADDS details, photo) SEOUL, Aug. 11 (Yonhap) -- Hyundai Motor Co. will voluntarily recall more than 70,000 vehicles to fix faulty components, the transport ... 08:59 Aug. 11
#Coupang
E-commerce giant Coupang's Q2 operating loss narrows on brisk sales
SEOUL, Aug. 11 (Yonhap) --E-commerce giant Coupang Inc. said Thursday its second-quarter operating loss narrowed sharply from a year earlier on resilient sales. Operating loss stood at US$67.14 ... 08:10 Aug. 11
#carmakers-recall
Hyundai, Mercedes-Benz to recall over 71,000 vehicles over faulty parts
SEOUL, Aug. 11 (Yonhap) -- Hyundai Motor Co. and Mercedes-Benz Korea will voluntarily recall more than 71,000 vehicles to fix faulty components, the transport ministry said Thursday. The two aut... 06:00 Aug. 11

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(LEAD) Netmarble shifts to net loss in Q2 due to increased spending related article

ICT exports inch down in July amid weakened smartphone, computer demand related article