Articles by 박윤아
박윤아
-
Korea Electric Korea to pay interim dividends
[DISCLOSURE] Korea Electric Korea (025540) said on July 21 that it will pay interim dividends from Aug. 9. Each share will be worth 250 won (US$0.21), with the total amount reaching 2.6 billion won.
July 21, 2016
-
Tax revisions seek to revitalize economy
[THE INVESTOR] The tax revisions set to take effect in 2017 will focus on revitalizing the national economy and creating more jobs, the Finance Ministry said on July 21.“The decision by Britain to exit the European Union has sparked uncertainties at home and abroad,” Finance Minister Yoo Il-ho said during a meeting with the ruling Saenuri Party. “Accordingly, future tax-related changes will aim to beef up the economy and stabilize the lives of the people.”The country’s top economic policymaker a
July 21, 2016
-
No. of fake banknotes drops 76% in H1: BOK
[THE INVESTOR] The number of counterfeit South Korean banknotes detected here in the first half of this year declined 76.6 percent from a year earlier, the central bank said July 21.A total of 637 counterfeit bills were found in the January-June period, down from 2,728 in the same period last year, according to the Bank of Korea.The sharp decline came as no massive counterfeit bills were found in the first half. In January last year, four people were caught making 2,012 fake 50,000-won bills.In
July 21, 2016
-
Banks urged to maintain financial health to tackle uncertainties
[THE INVESTOR] South Korea’s central bank head said on July 21 that local banks should maintain their financial health to tackle any external uncertainties.“It is important for banks to maintain a clean bill of health in terms of assets and a proper level of debt-to-equity ratio to cope with financial volatility,” Bank of Korea Gov. Lee Ju-yeol said in a meeting with chiefs of major local banks. South Korean banks have suffered from declining margins due to record low interest rates and tough co
July 21, 2016
-
Kyungin Synthetics to launch employee stock option
[DISCLOSURE] Kyungin Synthetics (012610) announced on July 21 that it will sell off 8,000,000 shares under an employee stock option plan. The predetermined price per share is 4,220 won (US$3.69).
July 21, 2016
-
Labor strife in shipbuilding sector loses steam
[THE INVESTOR] Labor strife in the shipbuilding industry appears to be losing steam as workers’ participation in the pan-industry strike is far lower than expected, industry sources said July 21.According to the sources, the coalition of unionized workers from eight shipbuilders, including Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering, threatened last week to hold a joint strike on July 20 where it said some 30,000 workers would appear.But only about 10 percent of the est
July 21, 2016
-
FTC probes Google over anticompetitive acts
[THE INVESTOR] South Korea’s antitrust watchdog on July 21 said it investigated Google on allegations that the firm forced smartphone-makers to use its operating system.The Fair Trade Commission said it visited Google’s local headquarters in southern Seoul last week, two years after the watchdog acquitted it of the same charge.Following a 2-year investigation, the FTC acquitted Google of disturbing fair market competition by obliging mobile phone makers to preload its Android operating system.Th
July 21, 2016
-
Korea’s domestic auto production declines
[THE INVESTOR] South Korea’s domestic automobile production is declining, but has been offset by a rise in overseas production, industry data showed on July 21.In 2015, the country’s overall auto output came to 4,555,957 units, down 2.2 percent from 4,657,094 in 2011, according to the data from the Korea Automobile Manufacturers Association.South Korea and Germany were the only countries among the world’s top five automaking countries whose annual output dropped.China, the world’s largest automa
July 21, 2016
-
Youngjin Pharm’s Q2 revenues rises 266.6%
[DISCLOSURE] Youngjin Pharm (003520) said on July 21 that its second-quarter operating profit rose 266.6 percent on-year to 2.25 billion won (US$1.97 million). Sales increased 5.1 percent to 44.8 billion won, and net profit jumped 1,025 percent to 1.86 billion won.
July 21, 2016
-
LG Chem's Q2 revenue up 2.8% on-year
[DISCLOSURE] LG Chem (051910) said on July 21 its revenue increased 2.8 percent on-year to 5.21 trillion won (US$4.56 billion) in the April to June period, while operating profit rose 9.3 percent to 615.8 billion won. Net profit rose 9.3 percent to 385.5 billion won.
July 21, 2016
-
Top Engineering to supply display panel manufacturing gear
[DISCLOSURE] Top Engineering (065130) announced on July 21 it has signed to supply display panel manufacturing gear worth 13.6 billion won (US$11.9 million) to China-based HKC. The amount is equivalent to 9.96 percent of the company’s recent revenue.
July 21, 2016
-
Hyundai Mipo Dock’s H1 revenue decreases
[DISCLOSURE] Hyundai Mipo Dock (010620) said on July 20 its first-half revenue is estimated at US$156 million, down 71.1 percent from the same period last year.
July 21, 2016
-
Cheil Worldwide’s Q2 operating profit increases
[DISCLOSURE] Cheil Worldwide (030000) announced on July 20 that its April-June operating profit is estimated to reach 43.84 billion won (US$38.37 million), up 3.89 percent compared with the same period of 2015. Sales reached 819.9 billion won and net profit was 28.73 billion won, increasing 10.31 percent and 15.01 percent, respectively, on-year.
July 20, 2016
-
CJ Freshway to reveal H1 earnings on Aug. 4
[DISCLOSURE] CJ Freshway (051500) announced on July 20 that it will disclose its first-half earnings on Aug. 4. The Seoul-based company provides food distribution and catering services.
July 20, 2016
-
C-TRI considers issuing CB, BW
[DISCLOSURE] C-TRI (047920) announced on July 20 that it is currently in talks with investors about issuing convertible bonds and bonds with warrant to raise funds. But the company said details are yet to be set and it will disclose details at an appropriate time.
July 20, 2016
Most Popular
-
1
Key S. Korean, USFK special operations officials to hold rare meeting amid NK threats
-
2
Jennie, Stray Kids's Met Gala attendance puts them on 'digital guillotine' blacklist
-
3
Korean industries gauge impact of Biden's steep tariffs on China
-
4
Controversy brews over shakeup of prosecutors amid probe of first lady
-
5
OpenAI gives ChatGPT new powers to see, hear
-
6
Do Korean doctors make too much money?
-
7
Another suspect behind murder of Korean tourist in Pattaya arrested in Cambodia
-
8
S. Korea to inject $70m into AI-powered public education
-
9
[KH Explains] Naver’s Line dilemma: Lose global footing for cash?
-
10
[Herald Interview] Carbon breakthrough in Korea: Making diamonds at atmospheric pressure