AI chip boom drives Samsung to historic $38.5B quarterly profit

Samsung Electronics reported its strongest quarterly results in its corporate history for the January-March period, with operating profit hitting 57.2 trillion won ($38.5 billion).

2026-04-30

Hanwha Ocean sails to consensus-beating operating profit of $299.5M in Q1

Hanwha Ocean posted a consensus-beating first quarter operating profit of 441.1 billion won ($299.5 million) driven by high-value vessels and a currency market favorable to an exporter.

2026-04-27

Kia achieves record revenue in Q1, but operating profit plummets on year

Kia posted its highest-ever quarterly revenue in the first quarter of this year, but operating profit fell sharply by 26.7 percent from a year earlier.

2026-04-24

JB Financial posts 3.2% rise in Q1 net profit with $116M, short of projections

JB Financial Group on Thursday reported a first quarter net profit of 172.3 billion won ($116.3 million), up 3.2 percent from a year earlier.

2026-04-23

KB Financial Group reports Q1 net profit of $1.3 billion, up 12.8% on year

KB Financial Group on Thursday reported a first-quarter net profit of 1.91 trillion won ($1.3 billion), up 12.8 percent from a year earlier.

2026-04-23

Samsung joins Big Tech's league with estimated $38B profit, crushing projections

Samsung Electronics reported a preliminary operating profit of 57.2 trillion won ($38 billion) for the first quarter of 2026, marking a 755 percent on-year surge that blew past already elevated market expectations.

2026-04-07

Chip boom lifts Samsung to $38B operating profit in Q1, far above forecasts

Samsung Electronics reported preliminary operating profit of 57.2 trillion won ($38 billion) for the January to March quarter, a 755 percent year-on-year surge that smashed market expectations, driven by booming memory demand and rising chip prices.

2026-04-07

Net profit of listed firms rose over 33% in 2025

The combined net profit of firms listed on Korea's main bourse surged more than 33 percent from a year earlier in 2025, partly driven by strong performances of the country's chipmakers, data showed Thursday.

2026-04-02

BOK's 2025 net income doubles on year over higher FX gains

The central bank said on Friday that its 2025 net income doubled from a year ago, driven largely by increased gains from foreign currency assets.

2026-03-27

Net profit of foreign banks in Korea dips nearly 6% in 2025

Foreign bank branches in Korea saw a nearly 6 percent drop in earnings last year as high financing costs, coupled with valuation losses on their equity holdings, ate into their bottom lines, data showed Tuesday.

2026-03-24

korea joongAng daily