OCI Holdings shifts to loss in Q4

SEOUL, OCI Holdings Co. on Wednesday reported its fourth-quarter net loss of 17.8 billion won (US$13.4 million), shifting from a profit of 358.7 billion won a year earlier.

The company said in a regulatory filing that it posted 64.8 billion won in o…

Read More »

LG 2023 net income down 33.2 pct to 1.41 tln won

SEOUL, LG Corp. on Wednesday reported its 2023 net profit of 1.41 trillion won (US$1.1 billion), down 33.2 percent from a year earlier.

Operating profit for the year was 1.58 trillion won, down 18.2 percent from the previous year, the company said i…

Read More »

LG shifts to profits in Q4

SEOUL, LG Corp. on Wednesday reported its fourth-quarter net profit of 65 billion won (US$49 million), swinging from a loss of 163 billion won a year earlier.

Operating profit for the October-December period was 119.6 billion won, up 15.7 percent fr…

Read More »