Netmarble turns to red in 2022 due to lack of new games
SEOUL-- Netmarble Corp., a major South Korean game developer and publisher, said Thursday day it swung to the red last year due to a lack of new blockbuster games.The company…
February 2023
KT&G 2022 net income up 3 pct to 1 tln won
SEOUL-- KT&G Corp. on Thursday reported its 2022 net income of 1 trillion won (US$794 million), up 3 percent from a year earlier.Operating income for the year was 1.26 trillion…
KT 2022 net down 4.9 pct due to higher base effect
SEOUL-- KT Corp., South Korea's No. 2 wireless carrier, said Thursday its net profit declined last year from a year earlier due to a higher base effect.KT's net income amounted…
LG 2022 net profit down 21.2 pct to 2.11 tln won
SEOUL-- LG Corp. on Thursday reported its 2022 net profit of 2.11 trillion won (US$1.7 billion), down 21.2 percent from a year earlier.The company said in a regulatory filing that…
SK Biopharmaceuticals shifts to red in 2022 due to decreased overseas sales
SEOUL-- SK Biopharmaceuticals Co., a biopharmaceutical affiliate of SK Group, said Thursday it swung to a net loss last year due to decreased overseas sales of its epilepsy medication.The company…
Seoul shares edge down amid Fed rate hike uncertainty
SEOUL-- South Korean stocks marginally fell Thursday, snapping their two-day winning streak, as investors took profits amid lingering uncertainty over the United States' monetary tightening. The local currency fell against…