October 28, 2024

Seoul shares up late Mon. morning on gains from battery shares

South Korean stocks traded higher late Monday morning, led by strong performance by battery shares.

The benchmark Korea Composite Stock Price Index (KOSPI) gained 13.16 points, or 0.51 percent, to 2,596.43 as of 11:20 a.m.

EV battery makers led the …

(2nd LD) LG Energy Q3 net rises 34 pct on one-off gains

LG Energy Solution Ltd., South Korea’s leading battery maker, said Monday its third-quarter net profit surged 34 percent from a year earlier on one-off gains.

Net profit for the three months to September rose to 561.3 billion won (US$404 million) fro…

Doosan Bobcat Q3 net income down 66 pct to 64.3 bln won

Doosan Bobcat Inc. on Monday reported its third-quarter net income of 64.3 billion won (US$46.4 million), down 66 percent from a year earlier.

Operating income for the July-September period was 125.7 billion won, down 57.8 percent from a year ago, th…

DGB Financial Group Q3 net profit down 16.6 pct to 100.4 bln won

DGB Financial Group on Monday reported its third-quarter net profit of 100.4 billion won (US$72.5 million), down 16.6 percent from a year earlier.

The company said in a regulatory filing that operating profit for the July-September period fell 28.2 p…