SEOUL, South Korean stocks finished up for a third consecutive session Tuesday backed by a strong earnings performance by top cap Samsung Electronics and overnight U.S. stock gains. The local currency fell against the U.S. dollar.
The benchmark Kore…
SEOUL, Korea Aerospace Industries (KAI) Ltd., South Korea’s sole aircraft manufacturer, on Tuesday reported its first-quarter net profit rose over 18 percent from a year earlier thanks to exports of FA-50 fighter jets and aircraft parts.
Net profit …
SEOUL, Samsung Electronics Co. said Tuesday its chip business shifted to the black for the first time in five quarters on rebounding prices of DRAMs and rising demand for high-performance memory chips for artificial intelligence.
Samsung Electronics…
SEOUL, Hanwha Aerospace Co., a defense industry unit of South Korea’s Hanwha Group, said Tuesday its first-quarter net profit plunged over 99 percent from a year ago.
Net profit for the January-March period came to 3.1 billion won (US$2.2 billion) o…
SEOUL, Samsung SDI Co., a major South Korean battery maker, said Tuesday its first-quarter net profit fell 38 percent from a year earlier due to decreased sales of battery products.
Net profit for the three months ended in March plunged to 286.69 bi…