August 12, 2024

Grand Korea Leisure Q2 net income up 32 pct to 11.3 bln won

Grand Korea Leisure Co. on Monday reported its second-quarter net income of 11.3 billion won (US$8.3 million), up 32 percent from a year earlier.

The company said in a regulatory filing that it posted 13.2 billion won in operating profit for the qua…

Carmakers move to disclose battery brand info amid EV fire scare

Carmakers in South Korea are moving toward disclosing the brand information of batteries used in their electric vehicles in response to consumer doubts over the safety of EV batteries.

Public concerns over EV safety have mounted in the country after…