August 9, 2024

Coway Q2 net profit up 43.9 pct to 154.2 bln won

Coway Co. on Friday reported its second-quarter net income of 154.2 billion won (US$113.1 million), up 43.9 percent from a year earlier.

Operating income for the April-June period was 211.2 billion won, up 8.8 percent from a year ago, the company sa…

Seoul shares end over 1 pct higher on calmed recession woes

South Korean stocks finished more than 1 percent higher Friday as investor sentiment was boosted by better-than-expected recent U.S. jobless data, soothing recent recession fears that had rocked global financial markets. The local currency gained aga…

Hanssem shifts to black in Q2

Hanssem Co. on Friday reported its second-quarter net income of 13.5 billion won (US$9.9 million), swinging from a loss of 419 million won a year earlier.

The company said in a regulatory filing that operating profit for the April-June period rose 4…