Oci turns to profits in Q2
SEOUL– Oci Co. on Wednesday reported its second-quarter net income of 145.3 billion won (US$125.7 million), shifting from a loss of 38.2 billion won a year earlier. Operating income for…
SEOUL– Oci Co. on Wednesday reported its second-quarter net income of 145.3 billion won (US$125.7 million), shifting from a loss of 38.2 billion won a year earlier. Operating income for…
SEOUL– South Korean cosmetics giant Amorepacific Group said Wednesday its second-quarter net profit soared 28 times from a year earlier on strong online and overseas sales. The group’s net income…
SEOUL– POSCO, the world’s fifth-largest steelmaker by output, said Wednesday it will build a new nickel sulfate refinery to meet rising demand for electric vehicle (EV) batteries. The steel giant…
SEOUL– The wholesale prices of lettuce and spinach shot up in July from a year earlier, data showed Wednesday, as their output sharply lost ground due to sweltering hot weather.…
SEOUL– The office of President Moon Jae-in dismissed a news report Wednesday that the two Koreas are in talks to arrange another summit. Quoting unnamed government sources, Reuters reported that…
SEOUL– LG Electronics Inc. said Wednesday it has completed its stock sales deal with Canadian auto parts maker Magna International Inc. over their electric vehicle (EV) powertrain joint venture. The…