Coupang posted an annual operating profit of $436 million for 2024 on Tuesday, marking the first time the e-commerce giant has recorded operating income in back-to-back years.
NCsoft suffered its first-ever annual loss in 2024 since it went public as the Korean game publisher's new titles struggled to take off, ending the year $109.2 billion in the red.
LG Energy Solution recorded a 38.7 percent drop in operating profit in the third quarter due to the slowdown in EV sales.
Kia reported a record-high operating profit of 2.88 trillion won ($2.08 billion) on Friday but failed to meet the market consensus due to the cost linked to a warranty extension.
Kia on Friday reported a record-high second quarter operating profit of 3.64 trillion won ($2.6 billion), up 7.1 percent from a year earlier.
Samsung Electronics forecasts a 1,452 percent yearly rise in operating profit for the second quarter, staging a dramatic recovery for its semiconductor business.
Lotte Group Chairman Shin Dong-bin was the highest-paid chief executive in Korea during the first half of 2023.
Naver's net profit for the first quarter plunged 71.2 percent on year spurred by the loss in accounting amid an economic slowdown, the internet portal operator announced Monday.
LG Energy Solution logged a 148 percent jump in profit in the first quarter thanks to constant solid demand for electric vehicle batteries.
Hyundai Motor’s net profit jumped 40.2 percent in 2022, contributed to by vigorous sales of high-margin SUV models and a weak local currency.
Korea JoongAng Daily Sitemap
