South Korea Business & Industry

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...

E-mart Posts Highest Q1 Operating Profit in 14 Years on Traders Growth

E-mart reported Q1 consolidated operating profit of 178.3 billion won, its highest in 14 years, driven by warehouse chain Traders' record 1.06 trillio...

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...

GS Retail's 'GS Pay' Nears 7 Million Users on Stronger Omnichannel Benefits

GS Retail's simple payment service GS Pay is nearing 7 million subscribers, five years after launch, with annual user growth averaging 90% and rising ...

CJ Logistics Q1 Revenue, Profit Rise on 'Every O-NE' Seven-Day Delivery Service

Seers Posts Record Quarterly Earnings, Q1 Seen as GPM Bottom

Seers posted record quarterly earnings with revenue of 32.5 billion won and operating profit of 13.9 billion won, with Mirae Asset Securities projecti...

Korea Investment Keeps Mirae Asset at 'Neutral' on Valuation Concerns

Korea Investment & Securities maintained a neutral rating on Mirae Asset Securities, citing valuation concerns despite record Q1 net profit of 1.019 t...

K-Food Boom Spreads to Corporate Cafeterias Worldwide

Jin Air Delays New Hires Despite 57.6 Billion Won Q1 Profit

Jin Air faces controversy after postponing the hiring of 50 new flight attendants to October, despite reporting 57.6 billion won in first-quarter oper...