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Kolon Industries has classified its film business as a discontinued operation
Reporter Kim Jisun 2024.05.10
[Alpha Biz= Reporter Kim Jisun] On the 9th, Kolon Industries stated during its Q1 conference call in response to questions about t ...

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GS Energy saw an increase in operating profit thanks to GS Caltex, but this was offset by a decrease in revenue due to a decline in SMP.
Reporter Kim Jisun 2024.05.10
[Alpha Biz= Reporter Kim Jisun] According to GS on the 9th, the consolidated operating profit for the first quarter of this year s ...

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"SK, LG, Lotte, and Hanwha's petrochemical sectors expected to face continued financial burdens."
Reporter Kim Jisun 2024.05.10
[Alpha Biz= Reporter Kim Jisun] The financial burden on domestic companies engaged in related businesses continues amid the ongoin ...

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SM Entertainment reported a 14.9% decrease in operating profit for the first quarter to 155 billion won compared to the previous year.
Reporter Kim SangJin 2024.05.09
[Alpha Biz= Reporter Paul Lee] On the 8th, SM Entertainment disclosed its first-quarter consolidated revenue of 2.201 trillion won ...

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The Fair Trade Commission (FTC) is investigating allegations against Kakao for unfairly imposing delivery fees.
Reporter Kim SangJin 2024.05.09
[Alpha Biz= Reporter Paul Lee] It has been reported that the Fair Trade Commission (FTC) is currently investigating Kakao amid sus ...

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SK Hynix plans to sell half of its stake in its subsidiary, SK Hynix System IC, to China
Reporter Kim Jisun 2024.05.09
[Alpha Biz= Reporter Kim Jisun] According to industry sources on the 8th, SK Hynix's wholly-owned subsidiary, SK Hynix System IC, ...

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The pilot union of Asiana Airlines has reached a tentative agreement on wage negotiations, including a 7.5% increase in basic pay.
Reporter Kim SangJin 2024.05.09
[Alpha Biz= Reporter Paul Lee] Asiana Airlines pilots' union announced on the 8th that they have approved the tentative agreement ...

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A worker has died at the construction site of Ulleung Airport, where DL Engineering & Construction (DL E&C) is in charge.
Kim Minyoung 2024.05.09
[Alpha Biz= Reporter Kim Minyoung] At around 11 a.m. on the 8th, at the construction site of Ulleung Airport in Sadong-ri, Ulleung ...

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The Fair Trade Commission (FTC) has initiated an on-site investigation into the SM Group over allegations of unfair support for owner-related businesses
Reporter Kim SangJin 2024.05.09
[Alpha Biz= Reporter Paul Lee] According to industry sources, the Fair Trade Commission (FTC) has launched a full-scale investigat ...

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Lotte Rental saw its operating profit fall 33% to 56.9 billion won in the first quarter
Reporter Kim SangJin 2024.05.09
[Alpha Biz= Reporter Kim Jisun] Lotte Rental reported a 33.3% decrease in operating profit for the first quarter on a consolidated ...

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Prosecutors have requested an arrest warrant for the CEO of SeAH Besteel in connection with the deaths of five individuals since the enactment of the "Serious Accident Punishment Act."
Kim Minyoung 2024.05.09
[Alpha Biz= Reporter Kim Minyoung] Since the enactment of the Serious Accident Punishment Act, the investigation into SeAH Besteel ...

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Shin Joong-ho, who comes from Naver, has stepped down from his position as the CEO of Line Yahoo
Reporter Kim Jisun 2024.05.09
[Alpha Biz= Reporter Kim Jisun] Shin Joong-ho, who hails from Naver, has stepped down from his position as the CEO of Line Yahoo.O ...

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T'way Airline stated, "We have not received approval from French authorities for flights to Paris"
Reporter Kim Jisun 2024.05.09
[Alpha Biz= Reporter Kim Jisun] T'way Airline has confirmed that it did not receive approval from French aviation authorities for ...

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Hyundai, Kia, Land Rover, and other manufacturers are voluntarily recalling over 7,000 vehicles of 11 different models.
Reporter Kim Jisun 2024.05.09
[Alpha Biz= Reporter Kim Jisun] The Ministry of Land, Infrastructure and Transport announced on the 8th that Hyundai Motor, Kia, J ...

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Samsung Biologics has entered into a contract worth more than 250 billion won with the major U.S. pharmaceutical company Eli Lilly
Reporter Kim Jisun 2024.05.09
[Alpha Biz= Reporter Kim Jisun] Samsung Biologics announced on the 8th that it has signed a contract worth more than 250 billion w ...

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Krafton achieved its highest quarterly revenue in history.
Kim Minyoung 2024.05.09
[Alpha Biz= Reporter Kim Minyoung] Krafton achieved its highest quarterly revenue ever, driven by the continued popularity of its ...

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Samkee America has been selected as a supplier for Hyundai Motor's eM platform, with a contract worth 2.8 trillion won.
Reporter Kim SangJin 2024.05.09
[Alpha Biz= Reporter Paul Lee] On the 8th, Samkee America, jointly invested by Samkee and Samkee E.V. (with a 100% stake), announc ...

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HD Hyundai Marine Solution recorded an increase of nearly double the IPO price on its first day of listing.
Reporter Kim SangJin 2024.05.09
[Alpha Biz= Reporter Paul Lee] HD Hyundai Marine Solution recorded a surge of nearly double the IPO price on its first day of list ...

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KT SkyLife's operating profit has preliminarily recorded a 81.5% decrease, amounting to 29 billion won.
Reporter Kim Jisun 2024.05.09
[Alpha Biz= Reporter Kim Jisun] KT SkyLife reported a preliminary operating profit of 29 billion won, marking an 81.5% decrease, a ...

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The Fair Trade Commission is conducting on-site inspections into beverage companies, including Coca-Cola and Lotte Chilsung, over suspicions of price collusion
Kim Minyoung 2024.05.08
[Alpha Biz= Reporter Kim Minyoung] According to industry sources, the Fair Trade Commission (FTC) has initiated an investigation i ...

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