Corporation
Lifestyle
Pulmuone Corporate Issues 40 Billion Won in Redeemable Convertible Preferred Stock… “To Improve Financial Structure”
Pulmuone Corporate(017810)The company will raise a total of 70 billion won through the issuance of redeemable convertible preferred stock and hybrid capital securities. The funds raised will be used t…
Management
LG Corp.’s North American Sales Surpass Those in China… “Diversifying Growth Engines”
In the second quarter, LG H&H’s sales in North America surpassed its sales in China for the first time. This is seen as a sign that the company’s strategy to restructure its global business portfolio …
Lifestyle
Department Stores: "Foreign Investor Effect"; Supermarkets: "Homeplus Spillover Benefits"; Convenience Stores: "Government Subsidies"
Major retail companies are expected to post solid earnings for the second quarter of this year. Although the recovery in consumer spending remains sluggish, department stores are projected to continue…
Electronics
SAMSUNG C&T CORPORATION’s 2Q Operating Profit Exceeds 1 Trillion Won… Up 37.1% Year-Over-Year
SAMSUNG C&T CORPORATION surpassed 1 trillion won in operating profit for the second quarter of this year, driven by balanced growth across its construction and trading divisions.SAMSUNG C&T CORPORATIO…
Automotive
NEXENTIRE’s 2Q Operating Profit Down 19% Due to U.S. Anti-Dumping Duties… Revenue Growth Continues
A panoramic view of NEXENTIRE’s Seoul Research and Development (R&D) Center, “The Nexen University.” (Photo courtesy of NEXENTIRE)
NEXENTIRE(002350)Nexen Tire’s operating profit for the second qua…
Electronics
LGELECTRONICS Completes 100 Billion Won Share Buyback… Announces 89.7 Billion Won Interim Dividend
LGELECTRONICS will pay an interim dividend of 500 won per share on both common and preferred stock and will cancel the 100 billion won worth of treasury stock it recently purchased by the end of the y…
Management
SAMSUNG C&T CORPORATION Fashion Division’s Second-Quarter Operating Profit Jumps 60%
SAMSUNG C&T CORPORATION(028260) ’s fashion division announced on the 29th that its second-quarter operating profit reached 54 billion won, a 63.6% increase compared to the same period last year. Preli…
Automotive
[Breaking News] NEXENTIRE Reports 2nd-Quarter Operating Profit of 34.3 Billion Won… Down 19.5% Year-Over-Year
NEXENTIRE(002350)announced on the 29th that its consolidated operating profit for the second quarter of this year was 34.3 billion won, a 19.5% decrease compared to the second quarter of last year.Rev…
Lifestyle
LotteChilsungBeverage Surpasses 1,000 Electric Vehicles… 42% of Fleet Now Eco-Friendly
LotteChilsungBeverage is accelerating its transition to eco-friendly mobility at its business sites. #LotteChilsungBeverage announced on the 29th that it had introduced a cumulative total of 1,015 ele…
Lifestyle
[Exclusive] Ingenia Puts New Kidney Drug on the Table for Technology Export... Hints at a “Trillion-Won” Mega Deal
Ingenia Therapeutics (Ingenia), an innovative antibody drug developer set to list on KOSDAQ, has brought a treatment for chronic kidney disease (CKD) to the negotiating table with a global big pharma …