Tag: operating profit

operating profit

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LG Electronics Q3 operating earnings up 13.5% to 781.8 billion won

The company's estimated third quarter operating profit rose 13.5 percent from a year earlier, though it fell 17 percent short of market expectations.

2026.10.7

Parental leave falls at chipmakers amid promises of hefty bonuses

Parental leave rates fell at Samsung Electronics and SK hynix as employees sought to avoid missing potentially massive performance bonuses during the recent semiconductor boom.

2026.9.27

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Seven petrochemical companies hit by price-fixing probe

The industry is already struggling from business restructuring prompted by a glut of Chinese supply and uncertainty over raw material procurement due to the closure of the Strait of Hormuz.

2026.8.10

Volkswagen's Atlas, left, and Hyundai Motor's Palisade

How Hyundai beat Volkswagen by cracking the formula for surviving China's price war

With the Korean automotive group's operating profit trouncing the German giant's, competition in sales may narrow as the owner of Audi and Porsche goes for a heavy restructuring.

2026.8.9

SK hynix headquarters in Icheon, Gyeonggi [YONHAP]

SK hynix logs record earnings in 2025 on AI chip demand, HBM technology

SK hynix posted record earnings in 2025, fueled by surging demand for AI memory chips and the company's dominance in high bandwidth memory (HBM) technology.

2026.1.28

This photo, provided by Hyundai Motor Group, shows the company's headquarters in southern Seoul. [YONHAP]

Hyundai, Kia's 2025 operating profit likely to drop despite record sales due to U.S. tariffs

Korea's leading automakers, Hyundai Motor and Kia, are expected to post record revenues in 2025 on robust sales in the United States, though their combined operating profit is forecast to decline due to the impact of U.S. tariffs, data showed Monday.

2026.1.26

The photo shows LG Electronics’ headquarters in Yeongdeungpo District, western Seoul, on July 5, 2024. [YONHAP]

LG Electronics' Q3 operating earnings drop 8.4% on tariffs

LG Electronics, a leading home appliance manufacturer in Korea, said Monday its third-quarter operating profit is estimated to have dropped more than 8 percent from a year earlier due to rising tariff costs.

2025.10.13

Coupang's headquarters in Songpa District, southern Seoul [NEWS1]

Coupang reports record $8.52B revenue in Q2 as Taiwan business grows 'faster and stronger'

Coupang achieved record $8.52 billion revenue in the second quarter, showing 19 percent growth and a shift to operating profit from losses.

2025.8.6

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

An LG Electronics campaign video plays on a digital billboard in Times Square in New York on June 4. [NEWS1]

LG Electronics' profit drops by half as Trump tariff panic hits TVs

LG Electronics reported a nearly 50 percent drop in operating profit for Q2 2025, citing weak consumer demand and increased trade costs.

2025.7.7