July 26, 2024

Kia Q2 net profit up 5 pct to 2.95 tln won

Kia Corp. on Friday reported its second-quarter net income of 2.95 trillion won (US$2.1 billion), up 5 percent from a year earlier.

Operating income for the April-June period was 3.64 trillion won, up 7.1 percent from a year ago, the company said in…

Seoul shares snap 2-day fall on large cap gains

South Korean shares closed sharply higher Friday, ending a two-day losing streak on large cap gains led by financial firms and shipbuilding companies. The local currency fell slightly against the U.S. dollar.

The benchmark Korea Composite Stock Pric…

Hyundai Mobis Q2 net income up 7 pct to 997.7 bln won

Hyundai Mobis Co. on Friday reported its second-quarter net income of 997.7 billion won (US$720.1 million), up 7 percent from a year earlier.

The company said in a regulatory filing that it posted 636.1 billion won in operating profit for the quarte…

HL Mando Q2 net profit down 76.8 pct to 11.9 bln won

HL Mando Co. on Friday reported its second-quarter net income of 11.9 billion won (US$8.6 million), down 76.8 percent from a year earlier.

The company said in a regulatory filing that it posted 89.6 billion won in operating profit for the quarter, c…

(LEAD) S-Oil Q2 net losses narrow on non-refining business

S-Oil Corp., South Korea’s third-largest refiner by sales, said Friday its second-quarter net losses narrowed from a year earlier on improved sales in the nonrefining business.

Net losses for the three months to June narrowed to 21.34 billion won (U…