Kakao Q1 net profit up 711.6 pct to 67.7 bln won

Kakao Corp. on Thursday reported its first-quarter net profit of 67.7 billion won (US$49.7 million), up 711.6 percent from a year earlier.

The company said in a regulatory filing that it posted 120.3 billion won in operating profit for the quarter, c…

Read More »

PM ANWAR, TERENGGANU MB HOLD CLOSED-DOOR MEETING

KUALA TERENGGANU, Prime Minister Datuk Seri Anwar Ibrahim today held a closed-door meeting with Terengganu Menteri Besar Datuk Seri Dr Ahmad Samsuri Mokhtar and attended a briefing on the development of the state at Wisma Darul Iman, here.

Anwar’s ar…

Read More »

(EDITORIAL from Korea JoongAng Daily on May 9)

Korea’s KF-21 supersonic fighter jet development project has hit a snag after Indonesia refused to pay some of the development costs it agreed to pay on the condition that it participates in the project. Indonesia said it cannot pay 1 trillion won ($7…

Read More »

Lotte Energy Materials remains in red in Q1

Lotte Energy Materials Corp. on Thursday reported its first-quarter net loss of 600 million won (US$440,690), remaining in the red compared with a year ago.

The company said in a regulatory filing that it posted 4.3 billion won in operating profit fo…

Read More »