July 25, 2024

(LEAD) LG Energy Solution swings to Q2 loss on EV slowdown

LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Thursday it shifted to a net loss in the second quarter due to slowing sales of electric vehicles (EVs).

In the three months ended in June, LGES swung to a net loss of 23.7 bil…

S-1 Q2 net income up 5.5 pct to 43.3 bln won

S-1 Corp. on Thursday reported its second-quarter net income of 43.3 billion won (US$31.3 million), up 5.5 percent from a year earlier.

The company said in a regulatory filing that it posted 52.3 billion won in operating profit for the quarter, compa…

(Olympics) S. Korea switches up mixed rifle shooting teams

South Korea made a last-minute switch to its mixed rifle shooting teams on Thursday, two days before their competition in France.

The Korea Shooting Federation (KSF) announced that Park Ha-jun, a three-time Asian Games medalist, will team up with Keu…

Samsung Heavy Industries reports Q2 net profit of 74 bln won

Samsung Heavy Industries Co. on Thursday reported its second-quarter net income of 74 billion won (US$53.4 million), up 219 percent from a year earlier.

The company said in a regulatory filing that it posted 130.7 billion won in operating profit for …