SEOUL, BGF Retail Co. on Wednesday reported its 2023 net income of 195.8 billion won (US$147.5 million), up 1.2 percent from a year earlier.
The company said in a regulatory filing that it posted 253.2 billion won in operating profit for the year, c…
SEOUL, KCC Corp. on Wednesday reported its fourth-quarter net profit of 17.3 billion won (US$13 million), down 78.3 percent from a year earlier.
Operating profit for the October-December period was 55.3 billion won, down 4 percent from a year ago, t…
SEOUL, Lotte Chemical Corp. on Wednesday reported its 2023 net loss of 301 billion won (US$226.7 million), turning from a profit of 27.8 billion won a year earlier.
The company said in a regulatory filing that it continued to post an operating loss …
SEOUL, South Korea has experienced a continued slowdown in private consumption and investment due to high interest rates, though rising exports mitigated an economic downturn, a state-run think tank said Wednesday.
“High interest rates persistently …
SEOUL, A notorious home rental scammer convicted of defrauding 191 tenants of 14.8 billion won (US$11.2 million) after signing “jeonse” contracts was given the maximum prison sentence for fraud by a court Wednesday.
The Incheon District Court in Inc…