August 8, 2024

KDI cuts 2024 economic growth outlook for S. Korea to 2.5 pct

A major South Korean state-run think tank on Thursday revised down its economic growth outlook for the country this year to 2.5 percent as weak domestic demand is forecast to constrain an export-led recovery.

The latest projection by the Korea Devel…

KDI cuts 2024 economic growth outlook for S. Korea to 2.5 pct

A major South Korean state-run think tank on Thursday revised down its economic growth outlook for the country this year to 2.5 percent as weak domestic demand is forecast to constrain an export-led recovery.

The latest projection by the Korea Devel…

(2nd LD) SK Biopharmaceuticals swings to net profit in Q2

SK Biopharmaceuticals Co., a biopharmaceutical affiliate of SK Group, said Thursday it turned to net profit in the second quarter from a net loss a year ago, driven by higher sales.

Its net profit came to 24.6 billion won (US$17.8 million), turning …

(2nd LD) SK Biopharmaceuticals swings to net profit in Q2

SK Biopharmaceuticals Co., a biopharmaceutical affiliate of SK Group, said Thursday it turned to net profit in the second quarter from a net loss a year ago, driven by higher sales.

Its net profit came to 24.6 billion won (US$17.8 million), turning …

Manufacturers’ domestic supply falls for 4th quarter in Q2

Manufacturers’ domestic supply in South Korea fell for the fourth consecutive quarter in the second quarter of 2024 amid weak demand, data showed Thursday.

The manufacturing domestic supply index stood at 106.8 in the April-June period, down 2.2 per…

Manufacturers’ domestic supply falls for 4th quarter in Q2

Manufacturers’ domestic supply in South Korea fell for the fourth consecutive quarter in the second quarter of 2024 amid weak demand, data showed Thursday.

The manufacturing domestic supply index stood at 106.8 in the April-June period, down 2.2 per…

Dentium Q2 net income up 1.5 pct to 20.5 bln won

Dentium on Thursday reported its second-quarter net income of 20.5 billion won (US$14.9 million), up 1.5 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period fell 14.5 percent on-year t…

Dentium Q2 net income up 1.5 pct to 20.5 bln won

Dentium on Thursday reported its second-quarter net income of 20.5 billion won (US$14.9 million), up 1.5 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period fell 14.5 percent on-year t…