Korean Air and Asiana Airlines reported profit declines in Q3 due to challenges in the cargo sector.
CJ CheilJedang reported a decline in Q3 operating profit due to slumps in its nonfood businesses. The food division saw increased sales and profitability.
KT&G, Korea's largest tobacco company, reported a record-high quarterly revenue of $1.28 billion, driven by strong cigarette sales overseas.
Celltrion reports record Q3 profit of $205.6M on strong biosimilar sales, with revenue rising 4.1 percent to $556.6M.
Naver, Korea's largest internet company, reported record high third quarter results on Friday on the back of robust growth in commerce and content businesses.
The entertainment powerhouse said on Thursday that it logged its third-quarter net profit of 98.6 billion won ($73.3 million), up 5.9 percent from a year earlier, according to a regulatory filing.
KB Financial Group reported a Q3 net profit of 1.34 trillion won ($999.2 million), down 1.3 percent on-year. Operating profit, however, increased by 12.6 percent.
The figure missed the market consensus of 424.5 billion won compiled by FnGuide.
Kakao reported lower-than-expected profit in the third quarter and was downbeat about the rest of the year following the massive service outage in October.
Kakao posted lower-than-expected profits in the third quarter as the internet company struggled with lower advertising revenues amid an economic slowdown.
Korea JoongAng Daily Sitemap