General

LG Chem Q2 net income down 91.1 pct to 59.8 bln won

LG Chem Ltd. on Thursday reported its second-quarter net income of 59.8 billion won (US$43.1 million), down 91.1 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period fell 34.3 percent on…

Korean stocks dip nearly 2 pct on tech, auto losses

South Korean shares dipped by nearly 2 percent Thursday as tech and auto stocks crashed following an overnight drop on Wall Street. The local currency fell slightly against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) lost…

POSCO DX Q2 net profit down 28 pct to 20.4 bln won

POSCO DX Co. on Thursday reported its second-quarter net income of 20.4 billion won (US$14.8 million), down 28 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period fell 29.1 percent on-y…

(LEAD) LG Electronics posts record operating profit, sales for Q2

LG Electronics Inc. said Thursday its sales and operating profit hit the largest for any second-quarter results on stable performance of its home appliance and electric vehicle components businesses.

Its operating profit for the April-June period jum…