August 2, 2024

Lotte Wellfood Q2 net income up 227.9 pct to 40.7 bln won

Lotte Wellfood Co. on Friday reported its second-quarter net profit of 40.7 billion won (US$29.7 million), up 227.9 percent from a year earlier.

The company said in a regulatory filing that it posted 63.3 billion won in operating profit for the quar…

Yoon names new first vice industry minister

President Yoon Suk Yeol on Friday named the presidential secretary for industrial policy as the new first vice industry minister, his office said.

Park Sung-taek, who previously held various key positions at the Ministry of Trade, Industry and Energ…

Kumho Petro Chemical Q2 net profit up 15.9 pct to 131.6 bln won

Kumho Petro Chemical Co. on Friday reported its second-quarter net profit of 131.6 billion won (US$96 million), up 15.9 percent from a year earlier.

Operating income for the April-June period was 119.1 billion won, up 10.7 percent from a year ago, t…