GS Group Chairman Huh Tae-soo encouraged GS companies to actively expand into new businesses and invest in innovative technologies.
GS Holdings reported a net profit of 936.3 billion won ($713.5 million) in the second quarter, jumping 355 percent on year, helped by its oil refining subsidiary business.
Companies are tapping into the biodegradable plastic market as regulations and eco-friendly consumers call for plastic substitutes.
Korea JoongAng Daily Sitemap
