July 25, 2024

HD Hyundai Mipo shifts to profits in Q2

HD Hyundai Mipo Co. on Thursday reported its second-quarter net profit of 29 billion won (US$20.9 million), swinging from a loss of 34.9 billion won a year earlier.

Operating profit for the April-June period was 17.4 billion, compared with a loss of …

Samsung E and A Q2 net profit down 18.4 pct to 205.3 bln won

Samsung E and A Co. on Thursday reported its second-quarter net income of 205.3 billion won (US$148.1 million), down 18.4 percent from a year earlier.

Operating profit for the April-June period was 262.6 billion won, down 23.8 percent from a year ago…

POSCO Holdings Q2 net income down 37.5 pct to 500 bln won

POSCO Holdings Inc. on Thursday reported its second-quarter net profit of 500 billion won (US$360.6 million), down 37.5 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period fell 38.5 per…

S. Korean Bond Yields on Jul. 25, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.203 3.217 -1.4

2-year TB 3.103 3.118 -1.5

3-year TB 3.024 3.046 -2.2

10-year TB 3.128 3.131 -0.3

2-year MSB 3.076 3.102 -2.6

3-year CB (AA-) 3.484 3.509 -2.5

91-day CD 3.510 3.510 0.0

Sour…

POSCO Future M shifts to loss in Q2

POSCO Future M Co. on Thursday reported its second-quarter net loss of 11.2 billion won (US$8.1 million), swinging from a profit of 43.1 billion won a year earlier.

The company said in a regulatory filing that it posted 2.7 billion won in operating p…

Woori Financial’s Q2 net jumps on noninterest income

Woori Financial Group Inc. said Thursday its second-quarter net profit jumped, thanks to a sharp increase in noninterest income.

The financial holding firm’s net profit came to 931.4 billion won (US$672.3 million) in the April-June period, up 49 perc…