SEOUL– Kia Corp. on Friday reported its second-quarter net profit of 1.88 trillion won (US$1.4 billion), up 40.1 percent from a year earlier.The company said in a regulatory filing that operating profit for the April-June period rose 50.2 percent on-y…
SEOUL– Shinhan Financial Group Co. on Friday reported its second-quarter net profit of 1.33 trillion won (US$1 billion), up 4.8 percent from a year earlier.Operating income for the April-June period was 1.74 trillion won, up 3.3 percent from a year ag…
SEOUL– Industrial Bank of Korea on Friday reported its second-quarter net profit of 566.7 billion won (US$431.7 million), down 8.9 percent from a year earlier.The company said in a regulatory filing that it posted 742.2 billion won in operating profit…
SEOUL– Kia Corp., South Korea’s second-biggest carmaker, said Friday its second-quarter net profit jumped 40 percent from a year earlier on an improved product mix and a weak won.Net profit for the three months ended in June rose to 1.88 trillion won …
SEOUL– Hana Financial Group Inc., a major financial holding group in South Korea, said Friday its earnings shrank in the second quarter on increased loan-loss reserves.Consolidated net income came to 847.6 billion won (US$645.5 million) in the April-J…
SEOUL– Woori Financial Group Inc., a major South Korean banking group, on Friday reported a record first-half net profit as its interest income rose after the central bank’s rate hikes.Consolidated net profit came to 1.86 trillion won (US$1.42 billion…
SEOUL– Multinational K-pop group The Boyz will return to the music scene with its seventh EP next month, the band’s management agency said Friday.IST Entertainment announced the album will be rolled out on Aug. 16 but did not give any details about it…