January 30, 2024

Hyundai Steel 2023 net profit down 56.7 pct to 449.6 bln won

SEOUL, Hyundai Steel Co. on Tuesday reported its 2023 net income of 449.6 billion won (US$337.9 million), down 56.7 percent from a year earlier.

The company said in a regulatory filing that it posted 807.3 billion won in operating profit for the yea…

Hyundai Steel remains in red in Q4

SEOUL, Hyundai Steel Co. on Tuesday reported its fourth-quarter net loss of 190.9 billion won (US$143.5 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 2…

U.S. Indo-Pacific commander receives honorary Korean name

SEOUL, Admiral John Aquilino, the commander of the U.S. Indo-Pacific Command, has received an honorary Korean name as a gift from a South Korea-U.S. friendship group, organizers said Tuesday.

Members of the Republic of Korea-U.S. Alliance Friendship…