Lotte Shopping reported 305.77 billion won ($260 million) in net profit in the third quarter, up more than 10,000 percent on year, according to a preliminary report released Thursday.
NCSoft’s first quarter net profit declined 59 percent on year to 80.2 billion won, missing analyst expectations as the company was forced to up pay to keep and acquire talent and spent big on marketing.
Household debt reached a record 1,682.1 trillion won ($1.51 trillion) in the third quarter despite the government's attempts to cool off the real estate market and borrowing to buy property.
Naver’s revenue broke $1 billion in the third quarter and hit a record as webtoons became international hits.
Korean companies' sales declined at the sharpest clip on record in the second quarter as their business activity was hit by the new coronavirus outbreak, central bank data showed Tuesday.
LG Chem announced an earnings surprise for the April-June period, boosted by record quarterly profits for batteries.
Dividend payouts by listed firms in Korea dropped in March from a year ago amid coronavirus uncertainties, with the upcoming June interim payouts also expected to decline, data showed Sunday.
Korea JoongAng Daily Sitemap
