operating Profit target

POSCO Holdings Inc., the holding company of South Korea’s steel giant, reported a lower profit in the second quarter on rising raw material pr...

South Korean startup Bebridge Inc. announced Thursday it raised 2.5 billion won ($1.9 million) in pre-Series A round from Magna Investment, Bluepoin...

Warehouse automation startup Floatic Robotics wrapped up its pre-Series A round with 3.4 billion won ($2.6 million). The Seoul-based company is...

South Korea’s top automaker Hyundai Motor Co. on Thursday posted its highest-ever quarterly sales and operating profit, driven by pricey sport...

South Korean fashion e-commerce platform Brandi Inc. has embarked on a 67 billion won ($51 million) funding round, hoping for around 800 billion w...

South Korean investment firm SK Square Co. has sold all of its shares in Korean biotech NanoEntek Inc., a 28.4% stake, for 58 billion won ($44.3 mil...

Naver Z Corp., the operator of Asia’s largest metaverse platform Zepeto, is set to accelerate its global expansion through localization, mainl...

LG Electronics Inc., the global home appliance leader, is targeting the quickly growing global earbuds market with new products based on technologie...

Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, plans to shut its loss-ma...

South Korea’s Youngone Holdings Co. is set to accelerate its new business by establishing a corporate venture capital (CVC) firm in Singapor...

South Korea's oil refining margin, a key indicator of refiners' profitability, dropped below $20 over the past month amid global recession fears. Ho...

Dunamu, the operator of South Kora’s largest cryptocurrency exchange Upbit, has launched two programs to support 500 startups over the next fi...

Hyundai Motor Co., South Korea’s top automaker, is set to build a domestic electric vehicle plant in its first local production investment i...

Korea Zinc, the world’s largest lead and zinc smelter, agreed to buy a majority stake in a US-based electronic waste recycling company for $33...

South Korean startups that exceed $1 billion in valuations, known as unicorns, are pushing back their initial public offering (IPO) dates.The move c...

Hansol Paper Co. announced Thursday that it participated as a strategic investor in a Series A funding worth 2 billion won ($1.5 million) for South ...

Some major retirement funds in South Korea are raising interest rates on their members’ savings accounts in line with global central banks&rsq...

LG Electronics Inc., the global home appliance maker, suffered a lower profit in the second quarter on the back of rising commodity and logistics co...

Digital content creators in South Korea – YouTube partners, Tiktok creators and webtoon writers – are no longer relying solely on subscr...

South Korea’s Ssangyong Motor Co. will ramp up the production of its new sport utility vehicle to meet strong demand, hoping the Torres will h...

LS Cable & System Ltd. is slated to begin recycling wooden cable drums as part of its environmental, social and governance (ESG) management effo...

K Bank submitted a preliminary assessment request to the Korea Stock Exchange on Thursday, the first step to an initial public offering. The on...

LG Electronics Inc. and SM Entertainment Co., South Korea’s giants in the home appliances and entertainment sectors, joined hands in the home ...

LG Magna e-Powertrain Co. will invest $78 million in its Chinese plant of electric vehicle parts to meet growing demand in the world’s largest...

South Korea’s Military Mutual Aid Association (MMAA) has decided to raise the interest rates of the members’ savings products by 25 to 4...

The Shilla Duty Free Shop, the world’s No. 3 duty-free chain, has joined hands with a Chinese e-commerce giant to attract some 158 million cro...

South Korea’s medical center operator CHA Healthcare Co. said on Monday it has acquired the management rights of Fertility Specialists of West...

South Korea’s car-sharing platform Socar Inc. has estimated its corporate value at up to 1.6 trillion won ($1.2 billion) for an initial public...

South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – are expected to post their highest ever profit for the se...

Samsung Heavy Industries Co., a leading South Korean shipbuilder, has swept global orders for LNG carriers, more profitable than oil tankers and con...