Corporation
SMEs
COSMAX, INC. Reports 'Record-High' Second-Quarter Earnings… U.S. Subsidiary Posts First Profit Since Inception
Global cosmetics Original Design Manufacturer (ODM) company COSMAX, INC.(192820)posted its best-ever quarterly results in the second quarter of this year. With domestic and overseas subsidiaries showi…
Lifestyle
Smiling as K-Shopping Becomes a Hotspot… Earnings for Three Department Store Chains ‘Soar’ (Roundup)
South Korea’s three major department store chains—Lotte, Shinsegae Co.,Ltd., and HYUNDAIDEPARTMENTSTORECO.,LTD—all posted strong financial results for the second quarter of this year. All three saw op…
SMEs
Retail Investors’ pent-up anger erupts… The “reward bonanza” at ‘this company’ facing delisting
Education company DAEKYO(019680)is drawing criticism from shareholders after moving to sell its treasury stock amid the threat of delisting. The company sold its treasury stock to fund incentive payme…
Lifestyle
CJ CheilJedang Corp Accelerates Profitability Improvement in Second Half… Focus on K-Food and High-Profit Businesses (Comprehensive)
CJ CheilJedang Corp expanded its revenue in the second quarter of this year, driven by strong sales in its overseas food business and biotech division, but its profitability declined. The company was …
Automotive
Hankook Tire Reports 58% Increase in Second-Quarter Operating Profit on Strong Sales of High-Value-Added Products
A panoramic view of Hankook Tire’s Technoplex headquarters. (Photo courtesy of Hankook Tire)
HANKOOK TIRE & TECHNOLOGY(161390)reported a significant increase in second-quarter operating profit, dr…
Management
'Driven by Beauty, Boosted by Fashion': Shinsegae Co.,Ltd Returns to Profit in Q2 (Follow-up)
SHINSEGAE INTERNATIONAL returned to profitability in the second quarter, driven by strong performance in its cosmetics division—which set a record for highest-ever sales—and its fashion division, whic…
Electronics
[Exclusive] LGELECTRONICS HVAC Head Visits Indonesia in the 'Global South'… AI Data Center Alliance
Lee Jae-sung, President and Head of the ES Business Division at LGELECTRONICS, who oversees the company’s heating, ventilation, and air conditioning (HVAC) business, visited Indonesia earlier this mon…
Electronics
SAMSUNG SDI CO.,LTD. to Develop Next-Generation Prismatic Batteries with GM… Production to Take Place at Dedicated North American Plant
SAMSUNG SDI CO.,LTD. will jointly develop next-generation prismatic batteries for electric vehicles with General Motors (GM) of the United States, incorporating high-energy-density and fast-charging t…
Lifestyle
Shinsegae Co.,Ltd Reports 167.1 Billion Won in Second-Quarter Operating Profit… Up 122% Year-Over-Year
Shinsegae Co.,Ltd(004170)announced on the 11th that it posted consolidated total revenue of 3.1414 trillion won and operating profit of 167.1 billion won for the second quarter of this year. Compared …
Electronics
"Cool the House, Heat the Water"... Samsung's 'Heating Formula' Unveiled in Jeju [Report]
“Why wouldn’t I use something this great?” When asked if he would continue using it even after the trial period ended, Yang Chang-hee (74), who has lived in Donam-dong, Jeju City, for 34 years, answer…