South Korea Business & Industry

KEPCO's 3.8 Trillion Won Profit Overshadowed by LNG Surge, Deficit Warning Looms

KEPCO posted 3.8 trillion won in Q1 operating profit, but surging LNG prices from the U.S.-Iran war raise concerns the utility could swing back to a d...

SK Innovation, GS Caltex Profits Surge on Higher Oil Prices and Inventory Gains

Hankook & Company Q1 Operating Profit Falls 4.1% to 121.7 Billion Won

Hankook & Company reported Q1 operating profit of 121.7 billion won, down 4.1% year-on-year, as rising raw material and logistics costs weighed on its...

HMM Q1 Operating Profit Plunges 56% to 269.1 Billion Won

HMM's Q1 operating profit plunged 56% year-on-year to 269.1 billion won, as the Middle East crisis drove up fuel costs and SCFI freight rates fell 14%...

Samyang Foods Posts Record Q1 Earnings on European Sales Surge

Samyang Foods posted record Q1 2025 earnings with revenue of 714.4 billion won, up 35% year-on-year, as European sales surged 215% on strong Buldak br...

Ace Bed Q1 Operating Profit Rises 6% to 12.8 Billion Won

Ace Bed reported Q1 operating profit of 12.8 billion won, up 5.8% year-on-year, with revenue rising 4.5% to 85 billion won and net profit surging 57.8...

Korean Corporate Disclosures: May 13

Korean corporate disclosures on May 13: HD Hyundai Samho wins 748.5 billion won LNG carrier order, SEC signs 9.3 billion won Hanwha Aerospace deal, an...

Samchuly Bicycle Q1 Operating Profit Jumps 73% on E-Bike Sales

Samchuly Bicycle's first-quarter operating profit jumped 73% to 2.3 billion won, driven by a 45% surge in e-bike sales amid high oil prices and growin...

HD Hyundai Posts Record Q1 Operating Profit of 2.8 Trillion Won

HD Hyundai reported a record Q1 operating profit of 2.8 trillion won, up 120.4% year-on-year, as shipbuilding and refining units drove earnings to the...

KOGAS Q1 Operating Profit Rises 9.1% to 910 Billion Won

Classys Posts 42.7% Operating Margin on Brazilian Distributor Acquisition

Classys posted Q1 revenue of 87.2 billion won, up 13% year-on-year, driven by the consolidation of Brazilian distributor MedSystems, while operating p...

Chung Yong-jin's Bold Reforms Pay Off as E-Mart Posts 14-Year Profit High

GS Caltex Q1 Operating Profit Soars 1,310% on Inventory Gains

GS Corp. posted Q1 consolidated operating profit of 1.26 trillion won, up 57% year-on-year, as GS Caltex's refining profit soared 1,310% on Middle Eas...