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Hyundai Motor posted 27.390.9 trillion won in sales and 1.656.6 trillion won in operational profit in the first quarter of this year by selling more than 1 million car units on the global market. The figures represent a 10 percent surge, an 8.2 percent rise and a 91.8 percent compared to the same pe…
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LG Chem rewrote its history by posting the best-ever quarterly business performance for the 1st quarter of this year. LG Chem logged 9.65 trillion won in sales and 1.408.1 trillion won in operating profit in 2021 Q1. The figures represent a 43.4 percent surge in sales and a 584 percent jump in opera…
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Dignitaries, including GM Chairman and CEO Mary Barra, LG Energy Solution President and CEO Kim Jong-hyun, and Tennessee Gov. Bill Lee pose at an event in which LG Energy Solution and GM announced a plan to set up a joint-venture EV battery plant in Tennessee on April 16. LG Energy Solution will inv…
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Lotte Group Chairman Shin Dong-bin exchanges views on officials with Lotte Fine Chemical’s plant in Incheon as he toured the work site on May 16. (Photos: Lotte Group)Lotte Group Chairman Shin Dong-bin stressed the need to invest in green materials and battery materials as the group’s future growt…
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Lotte Chemical suffered a major setback due to the spread of the COVID-19 pandemic and a fire-gutted Daesan plant last year. Entering the first quarter of this year, the chemical company has shown signs of a brisk recovery in its business performance. Thanks to the resumption of the Daesan plant in …
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A view of Bibigo Mandu and home meal replacement products on display at a U.S. large-scale shopping mall. (Photo: CJ Cheiljedang)CJ Cheiljedang announced its business performance for the first quarter of this year on May 10. In a consolidated financial statement, the company said it posted 1.178.1 t…
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LS Group Chairman Christopher Koo. (Photo: LS Group)In his New Year’s message, LS Group Chairman Christopher Koo urged his executives and staffers to implement four core tasks: creating steady cash flows, accelerating eco-friendly and future growth businesses, ramping up overseas operations’ own b…
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Sulwhasoo’s “Jaeumsaeng” (Concentrated Ginseng Renwing)Sulwhasoo’s “Jinsul” (Timetreasure). (Photos: Amorepacific)Amorepacific Group issued an electronic filing in which the group posted 1.387.5 trillion won in sales and 197.7 billion won in operating profit in the first quarter of this year. …
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Dongkuk Steel Vice Chairman Chang Sae-wook delivers a speech at the 67th shareholders’ meeting at Ferrum Tower in Suha-dong, Seoul, on March 26. (Photos: Dongkuk Steel)Dongkuk Steel Vice Chairman Chang Sae-wook redefined Dongkuk Steel as a substantial mid-size superstar company rather than focusing…
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Dongwon F&B’s brand “Yangban” is Korea’s first premium Korean cuisine home meal replacement (HMR) brand designed to highlight its 36-year-histry of preserving traditional Korean cuisine and offering convenience. (Photo: Dongwon F&B)Dongwon F&B, a pioneer of canned tuna products in Ko…
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CEO Hur Sae-hong of GS Caltex talks with GS Caltex staff members at GS Tower in Gangnam-gu, Seoul. (Photo: GS Caltex)GS Holdings said in an electronic notice released on May 13 that the holding company of GS Group posted 6,842.4 billion won in revenu…
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CEO Anwar A. Al-Hejazi of S-OIL. (Photos: S-OIL)S-OIL chalked up more than 1.2 trillion won in operating profit on the back of inventory profit, caused by crude oil price hikes for the first quarter of this year, in results that surprised analysts.Pr…
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Chairman Chang Sae-joo of Dongkuk Steel Group. (Photos: Dongkuk Steel Group)Dongkuk Steel announced on April 24 that it posted sales of 857.2 billion won, an operating profit of 21.4 billion won, and a net profit of 6.2 billion won in the first quart…
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Chairman Park Gee-won of Doosan Enerbility. (Photos: Doosan Enerbility)Doosan Enerbility said on April 23 that major Doosan Enerbility executives, including Chmn. Park Gee-won, embarked on efforts to promote cooperation to participate in a new power …
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