SEOUL, Korean Air Co., South Korea’s national flag carrier, said Tuesday it had shifted to a net loss in the fourth quarter of 2023 from a year earlier due to increased operating costs.
Korean Air swung to an estimated net loss of 234.59 billion won…
SEOUL, Daewoo Engineering and Construction Co. on Tuesday reported its fourth-quarter net profit of 109.3 billion won (US$81.8 million), down 2.1 percent from a year earlier.
The company said in a regulatory filing that it posted 77.9 billion won in…
SEOUL, Hyundai Steel Co. on Tuesday reported its fourth-quarter net loss of 190.9 billion won (US$143.5 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 2…
SEOUL, The issuance of asset-backed securities (ABSs) in South Korea jumped more than 50 percent from a year earlier in 2023, led by a sharp increase in securities issued by the state-run housing finance company, data showed Tuesday.
The amount of A…
SEOUL, The number of foreign tourists visiting South Korea rebounded to 63 percent of pre-pandemic levels last year, the state-run tourism promotion agency said Tuesday.
South Korea welcomed 11,030,000 international tourist arrivals last year, a rem…