Tag: net profit

net profit

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Samsung Biologics Q2 net rises on full-capacity operations, weak won

Samsung Biologics posted a 29.1 percent rise in second-quarter net profit as full-capacity plant operations, expanding production and a weak won lifted earnings.

2026.7.23

ATMs are seen in Seoul on March 8. [YONHAP]

Banks' earnings up 8.2% in 2025 on noninterest income

Korean banks' combined net profit jumped by more than 8 percent last year from a year earlier due mainly to a rise in noninterest income, data showed Thursday.

2026.3.19

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Containers stack up at the Incheon New Port on May 28. [YONHAP]

Over 470,000 firms fail to report net profit in 2024

More than 470,000 Korean companies that paid corporate taxes in 2024 failed to post a net profit amid an economic slowdown, government data showed Thursday. The number of companies that reported no net income reached 471,163 last year.

2025.10.9

A credit card being swiped at a restaurant in Seoul in December 2021. [YONHAP]

Card firms' H1 net dips 18% on fall in commission income

Credit card companies in Korea saw their combined net profit plunge by more than 18 percent from a year earlier due to a fall in commission income and increased financial costs.

2025.9.5

The Samsung Electronics office building in Seocho District, southern Seoul [NEWS1]

Samsung Electronics sees over 50% drop in operating profit in Q2

Samsung Electronics reported a weaker-than-expected 55.23 percent on-year drop in operating profit for the second quarter this year, the company said in a regulatory filing Thursday.

2025.7.31

The Financial Supervisory Service's headquarters in Yeouido, western Seoul [YONHAP]

Securities firms' Q1 net profits down on fall in derivatives, funds

Securities companies in Korea saw their net profit edge down in the first quarter due to a decline in profit from derivatives trading and funds, data showed Wednesday.

2025.6.11

A person looks at signs about a bank's loan programs on the exterior of a lender in Seoul. [YONHAP]

Korean banks see 14% drop in Q3 net profit as interest income falls

Korean banks' net profit fell in the third quarter of the year from three months earlier on a fall in interest income, data showed Tuesday.

2024.11.19

Financial Supervisory Service office in Yeouido, western Seoul [YONHAP]

Insurance gains lift Korean financial firms' profits by 3.3%

The combined net profit of financial holding companies in Korea grew from a year earlier in the first six months of the year thanks to a sharp increase in returns from their insurance business, data showed Friday.

2024.10.4

Customers shop at an Emart outlet in Yeongdeungpo District, western Seoul, during the discount store chain's steep price cut event. [Yonhap]

Emart profit jumps as Traders, Starbucks report strong sales

Emart reported a first quarter operating profit of 93.2 billion, with sales rising to 4.2 trillion won. The retailer's focus remains on price competitiveness in its offline outlets.

2024.5.16

Coupang delivers first-ever annual operating profit of $473 million

Coupang, the U.S.-listed Korean e-commerce giant, reported its first-ever annual operating profit of $473 million in 2023, according to its earnings release published Wednesday.

2024.2.28