Economics/Financial Analysis News in South Korea

POSCO Holdings announces 2024 performance
2/14/2025 - Consolidated sales of KRW 72.688 trillion, an operating profit of KRW 2.174 trillion, and a net profit of KRW 948 billion
Reflecting KRW 1.3 trillion in non-cash losses resulting from valuation...
POSCO Future M Announces 2024 Financial Results
2/10/2025 - Consolidated revenue of KRW 3.6999 trillion with operating profit of KRW 700 million

Revenue and profitability declined due to cathode material price decreases and reduced anode material sa...
SK Innovation’s Q4 2024 Financial Results
2/6/2025 - ¦ Return to profitability driven by improved refining margins and the inclusion of SKI E&S’s November–December operating profit (KRW 123.4 billion)
¦ Strengthened revenue structure by integrati...
Kia Announces 2024 Annual and Fourth Quarter Business Results
1/24/2025 - Kia posts 2024 Q4 global sales of 769,985 units, a 5% increase Y/y
Q4 revenue increased 11.6% to KRW 27.15 trillion
Operating profit of KRW 2.72 trillion; operating profit margin hits 10%
LG Energy Solution Releases 2024 Financial Results
1/24/2025 - LG Energy Solution posts KRW 25.6 trillion in consolidated revenue and KRW 575.4 billion in operating profit in 2024
Company to focus on proactively responding to market volatilities in the short...
SK Innovation CEO Park Sang-kyu Emphasizes Solidarity to Create a New Chapter in History
1/2/2025 - ¦ Emphasized boldly advancing and continuing to pursue sustainable growth despite challenging business conditions in the new year
¦ Focus on uniting all OC and CIC units, management, and employ...
POSCO achieves solid first quarter results for fiscal year 2024 despite global economic downturn
5/29/2024 - On the 25th, announced 1Q revenue of 7.8 trillion won and operating profit of 265 billion won
Stable profit structure of the energy business value chain and increased sales to the eco-friendly ...
POSCO INTERNATIONAL’s Palm Business, Growing as a Core Business after 13 Years of Continuous Growth
4/8/2024 - Produced 208,000 tons of palm oil in 2023, the largest amount in its history since entering the business in 2011
Now striving to expand the value chain by jointly entering the palm oil refining...
BW Offshore Announces Third Quarter Results 2023
11/16/2023 - HIGHLIGHTS
• EBITDA of USD 74.5 million
• Operating cashflow of USD 116.3 million
• Equity ratio of 31.0% and USD 452.2 million in available liquidity
• Dividend of USD 0.063 (NOK ...
LG Energy Solution Reports Solid 3Q Operating Profit
10/25/2023 - Revenue increases 7.5 percent, operating profit up 40.1 percent year on year, primarily due to stable increase of production volume at GM JV (Ultium Cells) plant in Ohio, as well as product mix improv...
HD Hyundai Records 30.8953 trillion won Revenue and 1.006 trillion won Operating Profit in H1
7/27/2023 - • Q2 revenue reached 15.6213 trillion won and operating profit 472.6 billion won
• Shipbuilding, construction equipment and electric power device units achieving solid earnings
• HD Korea S...
South Korea Economy in July 2015
South Korea Economy in July 2015 7/20/2015 - The South Korean economy continues to decelerate, having been impacted by slowing exports and domestic demand over the past months. GDP growth in the 1Q15 stood at 2.4% q-o-q, after 2.7% y-o-y in the ...
South Korea Economy in June 2015
South Korea Economy in June 2015 7/7/2015 - The South Korean economy continues to decelerate, impacted by slowing exports and domestic demand. GDP growth in the 1Q15 stood at 2.4% q-o-q, after 2.7% y-o-y in the 4Q14 and 3.3% in the 3Q14. Indust...
South Korea Economy in February 2015
South Korea Economy in February 2015 3/10/2015 - The South Korean economy continues to grow at a solid pace, while slightly decelerating, as it is also impacted by conditions in its most important trading partners in the Asia region. GDP in the 4Q14...
OECD Pacific Oil Demand in February 2012
OECD Pacific Oil Demand in February 2012 2/23/2012 - South Korea’s oil demand grew strongly last year, at 0.9% y-o-y. This occurred despite negative oil demand in most OECD regions. This growth was attributed to industrial demand for naphtha, which push...

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