General

Hanwha Ocean remains in red in Q2

Hanwha Ocean Co. on Friday reported its second-quarter net loss of 27.4 billion won (US$19.8 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 9.6 billion …

S-Oil remains in red in Q2

S-Oil Corp. on Friday reported its second-quarter net loss of 21.3 billion won (US$15.4 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that operating profit for the April-June period rose 341.1 perce…

HL Mando Q2 net profit down 76.8 pct to 11.9 bln won

HL Mando Co. on Friday reported its second-quarter net income of 11.9 billion won (US$8.6 million), down 76.8 percent from a year earlier.

The company said in a regulatory filing that it posted 89.6 billion won in operating profit for the quarter, c…

(EDITORIAL from Korea JoongAng Daily on July 26)

Two ecommerce majors affiliated with Singapore-based Qoo10 are shaken by chain withdrawals by service providers and users due to their deferred payments from liquidity-related issues. Travel agents and retailers are pulling out or cancelling their go…