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Samsung Heavy Industries reports Q2 net profit of 74 bln won

Samsung Heavy Industries Co. on Thursday reported its second-quarter net income of 74 billion won (US$53.4 million), up 219 percent from a year earlier.

The company said in a regulatory filing that it posted 130.7 billion won in operating profit for …

(Olympics) S. Korea switches up mixed rifle shooting teams

South Korea made a last-minute switch to its mixed rifle shooting teams on Thursday, two days before their competition in France.

The Korea Shooting Federation (KSF) announced that Park Ha-jun, a three-time Asian Games medalist, will team up with Keu…

S-1 Q2 net income up 5.5 pct to 43.3 bln won

S-1 Corp. on Thursday reported its second-quarter net income of 43.3 billion won (US$31.3 million), up 5.5 percent from a year earlier.

The company said in a regulatory filing that it posted 52.3 billion won in operating profit for the quarter, compa…

(LEAD) LG Energy Solution swings to Q2 loss on EV slowdown

LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Thursday it shifted to a net loss in the second quarter due to slowing sales of electric vehicles (EVs).

In the three months ended in June, LGES swung to a net loss of 23.7 bil…

Top diplomats of S. Korea, Australia to hold talks next week

Foreign Minister Cho Tae-yul will hold talks with his Australian counterpart, Penny Wong, in Seoul next week to discuss ways to bolster cooperation in defense and other sectors, Seoul’s foreign ministry said Thursday.

The meeting, to be held Tuesday,…