August 8, 2024

LG Q2 net income down 30.7 pct to 290.4 bln won

LG Corp. on Thursday reported its second-quarter net income of 290.4 billion won (US$211 million), down 30.7 percent from a year earlier.

The company said in a regulatory filing that it posted 309.4 billion won in operating profit for the quarter, c…

Kakao Q2 net income up 59.1 pct to 87.1 bln won

Kakao Corp. on Thursday reported its second-quarter net income of 87.1 billion won (US$63.4 million), up 59.1 percent from a year earlier.

Operating income for the April-June period was 134 billion won, up 18.5 percent from a year ago, the company s…

4 carmakers to recall over 172,000 vehicles for faulty parts

BMW Korea, Hyundai Motor Co. and two other carmakers will voluntarily recall more than 172,000 vehicles due to faulty components, the transport ministry said Thursday.

The four companies, also including Kia Corp. and KGM Commercial, will recall 172,…