SEOUL– South Korean financial holding firm Nonghyup Financial Group Inc. said Tuesday its net earnings fell 2.7 percent last year, largely as losses from investment in the stock market and loan-loss deposit outweighed increased interest income.Net inc…
SEOUL– E-Mart Inc. on Tuesday said its net income in the fourth quarter more than doubled from a year earlier on improved profitability of its affiliates.Net income came to 148.7 billion won (US$ 117.3 million) on a consolidated basis in the last thre…
SEOUL– Korea Aerospace Industries Ltd. on Tuesday reported its fourth-quarter net loss of 23.2 billion won (US$18.3 million), remaining in the red compared with a year ago.Operating profit for the October-December period was 37.5 billion, compared wit…
SEOUL– Hyundai Green Food Co. on Tuesday reported its 2022 net profit of 49.8 billion won (US$39.2 million), up 20.6 percent from a year earlier.Operating profit for the year was 68.7 billion won, up 17.2 percent on-year, the company said in a regulat…
SEOUL– Hankook & Company Co. on Tuesday reported its fourth-quarter net loss of 57.9 billion won (US$45.6 million), swinging from a profit of 22.4 billion won a year earlier.The company said in a regulatory filing that operatin…
SEOUL– South Korean stocks closed up Tuesday ahead of the release of the United States’ key inflation data. The local currency gained against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) added 12.94 points, or 0.53 percent, …