operating loss

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, aim to raise sales by 4.2% in India this year after logging record vehi...

A South Korean real estate fund is set to post a 100% loss as the value of its sole asset, a prime office building wholly leased to Norway’s l...

Wefun, a Seoul-based startup operating an office maintenance, repair and operation (MRO) platform, plans to go public next year after successfully r...

South Korea's Perigee Aerospace Inc. announced on Tuesday that it has discussed collaboration with the Philippine Space Agency (PhilSA) for the laun...

South Korea's Altos Ventures announced on Tuesday that it has invested 12.6 billion won ($9.4 million) in the software-centric fulfillment company T...

South Korean battery materials manufacturer EcoPro Co. announced on Monday that it partnered with the Debrecen Vocational Training Center in Debrece...

South Korean financial service companies are seeing increased losses in global real estate amid the commercial property value plunge and concerns ar...

SK Networks Co., a South Korean trading and rental company actively investing in tech firms in recent years, will step up its efforts to transform i...

South Korean unicorns, or private companies worth $1 billion or more, are increasingly refraining from taking over smaller startups for business exp...

Modern House, the top home decoration brand in South Korea, sticks to a unique rule for its store operations: one-third of the products on the shelv...

South Korea’s top supermarket chain E-Mart Inc. announced on Thursday that it provisionally recorded a consolidated operating loss of 46.9 bil...

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) is gearing up to develop and operate a vessel to ...

Netmarble Corp. expects a turnaround this year driven by new games after successfully snapping its seven consecutive quarter losing streak in the fi...

Apollo Asset Management, Warburg Pincus and Lexington Partners are South Korean institutional investors’ most preferred private equity firm...

South Korea’s major battery materials company EcoPro Co. saw last year’s operating profit halved from the previous year after a steeper-...

General Motors Chair and Chief Executive Mary Barra will visit South Korea on Wednesday to meet leaders of LG Energy Solution Ltd. and Samsung SDI C...

SK Telecom Co., South Korea’s largest mobile carrier, will expedite its transition into an artificial intelligence company this year after its...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., on Friday posted a 58.3% decline in its operating profit last year, weighed by lower re...

POSCO International Corp., a South Korean general trading and energy exploration company, will invest 1 trillion won ($760 million) in its energy bu...

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, posted record revenue last year, boosted by the ex...

Less than five years ago, Invossa, a cell and gene therapy for osteoarthritis, was expected to hit the global market with great fanfare.Developed by...

South Korea’s Kakao Healthcare Corp. has introduced an artificial intelligence-based blood sugar management solution targeting the global digi...

Lotte Group plans to sell ailing units as the South Korean retail-to-chemical conglomerate is shifting its focus to new growth sectors such as bio, ...

Samsung Electronics Co., the world’s top memory chipmaker, decided not to pay annual bonuses to staff of its semiconductor business due to the...

Hyosung Advanced Materials announced on Monday that its operating profit for last year on a consolidated basis was 172.4 billion won ($129 million),...

South Korea's Lotte Department Store announced on Thursday that is has secured the exclusive franchise and distribution rights for Bacha Coffee, M...

Kia Corp., South Korea’s second-largest automaker, on Thursday posted record 2023 profit and sales revenue, driven by strong sales of pricey m...

South Korea’s top container line HMM Co. said on Wednesday that it held a naming ceremony for HMM Garnet, a 13,000 twenty-foot equivalent unit...

South Korean investors have already suffered about 230 billion won ($171 million) losses from their investments in equity-linked securities (ELS) ti...

South Korea’s Shinsegae Engineering & Construction Co. (Shinsegae E&C) said on Friday it has raised 200 billion won ($150 million) thr...