Tag: first quarter

first quarter

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Business holdings of excess funds hits record in Q1 on chip boom

Corporations' excess funds hit record high in Q1 on robust chip exports

2026.7.7

Citibank Korea headquarters in central Seoul [CITIBANK KOREA]

Citibank Korea reports 61 percent net income increase in Q1, the highest in eight years

Citibank Korea saw its net income surge 61 percent in the first quarter from a year earlier to record its highest level since 2018.

2026.5.15

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Korea Investment & Securities headquarters in Yeouido, western Seoul [KOREA INVESTMENT & SECURITIES]

Brokerages report record first-quarter profits amid steep Kospi rally

Brokerages set record profits in the first quarter on the back of heavy trading amid the steep Kospi rally that is extending through this year.

2026.5.15

Hyundai Motor's humanoid robot Atlas, left, and Tesla's Optimus robot [JOONGANG ILBO]

Hyundai Motor's Q1 profit sinks while Tesla's rises amid tariffs, currency swings and global tensions

Hyundai Motor and Tesla reported sharply diverging first-quarter results as tariffs, currency swings and geopolitical tensions weighed unevenly on the two automakers, which are both doubling down on humanoid robots as a future growth engine.

2026.4.23

From left to right are the office buildings of KB, Shinhan, Hana and Woori financial holding firms. [EACH COMPANY]

Q1 earnings for financial big four decline on one-off expenses

Shinhan, Hana, Woori and KB all reported an on-year drop in earnings for the first quarter, driven largely by compensation reserves for Hong Kong-tied derivative products.

2024.4.26

A construction site in Suwon, Gyeonggi, on Thursday. Korea's economy grew 1.3 percent in the January-March period from a quarter earlier driven by construction investment and private consumption, according to the Bank of Korea's advance estimates. [NEWS1]

GDP rises 1.3% on recovery in exports, construction investment

Korea's economy grew at the fastest pace in two years, over twice the market estimate of 0.6 percent, as exports expanded and construction investment rose.

2024.4.25

From left: Office of KB, Shinhan, Hana and Woori financial holding firms [KB, SHINHAN, HANA, WOORI]

Major Korean financial holding firms beat market consensus in first quarter

Four major financial holding firms beat the market consensus in the first quarter, despite raising loan loss reserves following the banking crisis.

2023.4.27

A customer shops at a discount mart in Seoul on April 20. [YONHAP]

Korean economy grows 0.3 percent in first quarter, exports lag

Korea’s economy grew 0.3 percent in the first quarter on year, slightly above forecasts.

2023.4.25

Posco Holdings Q1 operating profit down 70 percent on increased costs

Posco Holdings on Tuesday said its first-quarter operating income is estimated at 700 billion won ($531 million), down 69.6 percent from a year earlier, on increased costs.

2023.4.18

Kakaobank CEO Yun Ho-young speaks to reporters at a press conference on February 15. [KAKAOBANK]

Kakaobank's net profit increases 43 percent on year

Kakaobank's net profit increased 43 percent on year to 66.8 billion won ($52.7 million), according to the preliminary report released on Tuesday, falling short of the 74.2 billion won consensus.

2022.5.3