Lotte Wellfood Q2 net income up 227.9 pct to 40.7 bln won

Lotte Wellfood Co. on Friday reported its second-quarter net profit of 40.7 billion won (US$29.7 million), up 227.9 percent from a year earlier.

The company said in a regulatory filing that it posted 63.3 billion won in operating profit for the quar…

Yoon names new first vice industry minister

President Yoon Suk Yeol on Friday named the presidential secretary for industrial policy as the new first vice industry minister, his office said.

Park Sung-taek, who previously held various key positions at the Ministry of Trade, Industry and Energ…