Big Hit Entertainment, which represent BTS, reported a record first half despite the pandemic resulting in a cutback of concert schedules. The solid performance suggests that the initial public offering is still on track and could happen this year...
Daewoo Shipbuilding & Marine Engineering (DSME) reported a major decline in net profit in the second quarter.
Korea Electric Power Corp (Kepco), Korea’s state-run utility, said Thursday it shifted to a net profit in the second quarter from a year earlier on decreased fuel costs.
The world's largest container vessel stood in a rainy shipyard in Geoje, South Gyeongsang, on Aug. 12.
Furniture company Hyundai Livart saw its net profit jump more than 40 percent on-year in the second quarter.
Asiana reported a 115.1 billion won operating profit, a turn around from a 107 billion won loss during the same period in 2019. It also reported a net profit of 116.2 billion won, a turnaround from 57.7 billion won net loss a year ago.
Despite continuing travel restrictions, Korean Air Lines managed to turn a profit in the second quarter thanks to cargo revenues, which skyrocketed more than 90 percent on year.
Amorepacific Group’s profit plummeted in the second quarter as sales at offline stores, including duty-free shops, suffered as a result of the pandemic.
Bucking analyst projections, Hyundai Steel reported 14 billion won ($11.67 million) in operating profit in the second quarter, despite decreased sales.
The second-quarter operating profit for major local travel agencies is projected to drop more than 70 percent compared to the same period last year, according to data from market tracker FnGuide, Monday.