Korea Joongang Daily
Korea JoongAng Daily

HD Hyundai posts $893 million in operating profit in Q1, up 62 percent on year

HD Hyundai on Tuesday posted 1.29 trillion won ($893 million) in operating profit in the first quarter of 2025, up 62.1 percent from the previous year and its highest for the quarter since it entered a holding company structure.

2025-05-01

Hybe posts record Q1 sales on booming concert biz

Hybe, the K-pop powerhouse behind BTS, reported a 50 percent year-on-year rise in its operating profit for the January-March period, largely driven by its artists' expanded global tour activities, the company said Tuesday.

2025-04-29

Kia, Hyundai Mobis's Q1 sales hit record amid EV demand surge but margins and tariffs cloud outlook

Kia posted its highest-ever first-quarter sales, helping propel the combined revenue of parent company Hyundai Motor and Kia past 70 trillion won ($49 billion) for the first time in a single quarter.

2025-04-25

SK hynix beats expectations with Q1 operating profit exceeding 7 trillion won

SK hynix reported a forecast-breaking first quarter on Thursday, with operating profit exceeding 7 trillion won ($5 billion), fueled by surging demand for high bandwidth memory (HBM) and a surprising boost from geopolitical uncertainties.

2025-04-24

SK hynix posts $5.2 billion Q1 profit on strong HBM chip sales

SK hynix posted a forecast-beating first-quarter operating profit of 7.44 trillion won ($5.2 billion), driven by robust sales of its fifth-generation high bandwidth memory (HBM3E) chips, according to the firm’s regulatory filing on Thursday.

2025-04-24

Korean Air's Q1 sales reach record $2.7 billion, operating profits fall by 19.5%

Korean Air posted higher sales but weaker operating profit in the first quarter, with the latter down 19.5 percent from the year before due to high operating costs and the won's low value, the carrier disclosed Friday

2025-04-11

Korean major firms' Q1 earnings outlook grim amid weak global chip demand

The first-quarter earnings outlook for Korea's major companies, including Samsung Electronics and SK hynix, remains grim due mainly to sluggish global demand, an analysis of industry data showed Sunday.

2023-04-03