record earnings

Korea Shipbuilding & Offshore Engineering, a shipbuilding holding company of HD Hyundai Group, has secured a contract for liquefied natural gas ...

South Korea’s National Pension Service (NPS) is expected to post a negative return of 8.2% for 2022, according to its preliminary report on Th...

SKC, the chemical materials unit of South Korea's second-largest conglomerate, announced on Thursday that it has received the ISO 37001 certificatio...

Hyundai Motor Co. and Kia Corp., under South Korea’s Hyundai Motor Group, posted their largest-ever sales for February in the US, narrowing a ...

South Korean e-commerce giant Coupang Inc. achieved record-high yearly revenue and operating profits for two consecutive quarters between July to De...

Hyundai Motor Group’s four models earned the safest vehicle awards even with a tougher crash test by the Insurance Institute for Highway Safet...

South Korea's leading broadband Internet access provider SK Broadband is moving into the public desktop-as-a-service (DaaS) market.SK Broadband anno...

South Korea saw its fertility rate, which has been already the world’s lowest in the past few years, hit its historic low of 0.78 last year, a...

Household loans in South Korea last year fell from 2021 for the first time in 20 years because of high interest rates, but credit card debt hit a re...

Korean Air Lines Co. has suspended a plan to revamp its mileage program after it drew harsh criticism from both its customers and government officia...

South Korea's GC Biopharma Corp. is set to regain the No. 1 spot in global production of chickenpox vaccines after earning qualification to enter th...

On Friday, KT Corp.'s customer service unit, KT CS, announced that its sales revenue for the previous year reached a record high of 591.6 billion wo...

South Korea’s major companies in shipbuilding, defense and construction industries expect strong earnings this year, despite growing concerns ...

Hanwha Solutions Corp. projects its operating profit for this year would exceed 1 trillion won ($778 million) on an anticipated solar energy boom in...

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Wednesday it aims to achieve 3.83 trillion w...

Sovereign wealth fund Korea Investment Corporation (KIC) posted the largest annual loss last year since its inception in 2005, according to its 20...

LS Group’s plan to groom new growth engines from batteries to electric vehicles and semiconductors is set to gain impetus after South Korea&rs...

Hyundai Green Food Co., an affiliate of Hyundai Department Store Group, saw its main business unit of food surpass 2 trillion won ($1.5 billion) in ...

South Korea's Husteel, the steel affiliate of Shinan Group, posted incredible results last year with operating profit breaking a company record of c...

South Korea’s game publishers reported dismal quarterly earnings, deepening concerns over their outlook this year amid doubts over measures su...

Weak demand from a global economic slump took a big toll on South Korean companies in the fourth quarter of last year, making many of them miss earn...

South Korea's Hanmi Pharmaceutical Co. last year saw record-high performance thanks to its self-developed drugs, surpassing its previous best year o...

Shinhan Financial Group Co. reported a record-high net profit of 4.6 trillion won ($3.6 billion) last year, snatching back the crown of South Korea&...

Despite South Korea's Kosdaq stock market growing this month following the "January rally," individual investors in the country are still betting on...

South Korea's KakaoBank Corp. on Wednesday said its net profit last year reached a record-high 263.1 billion won ($208.6 million), up 28.9% from 202...

South Korea’s confectionery and snack maker Orion Corp. reported its largest-ever earnings last year, driven by strong sales in emerging marke...

South Korea's low-cost carriers (LCC) Jeju Air Co. and Jin Air in the fourth quarter last year each earned operating profit for the first time since...

South Korean institutional investors, such as pension funds, mutual aids and corporates, are rushing to money market funds (MMFs) for short-term pro...

Meritz Securities Co., once a mid-tier securities firm in South Korea, is expected to command the local market as No. 1 after earning more than 1 tr...

Hyundai Motor Co. and Kia Corp. posted the highest sales record in the US market in January. Hyundai Motor America said on Wednesday that it sold 52...