January 30, 2024

Defense ministry says is not considering female conscription

SEOUL, The defense ministry said Tuesday it is not considering conscripting women for the country’s mandatory military service after the issue received renewed attention in a campaign pledge ahead of the April general elections.

On Monday, the leade…

Kumho Tire turns to black in 2023

SEOUL, Kumho Tire Co. on Tuesday reported its 2023 net profit of 170.7 billion won (US$128.3 million), shifting from a loss of 77.5 billion won a year earlier.

Operating income for the year was 388.3 billion won, up 1578.5 percent on-year, the compa…

Kumho Tire swings to profits in Q4

SEOUL, Kumho Tire Co. on Tuesday reported its fourth-quarter net income of 89.1 billion won (US$67 million), swinging from a loss of 8 billion won a year earlier.

The company said in a regulatory filing that it posted 149.5 billion won in operating …