July 8, 2024

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LG Energy Solution flags 58 pct plunge in Q2 operating profit

LG Energy Solution Ltd. on Monday estimated its second-quarter operating profit at 195.3 billion won (US$141.6 million), down 57.6 percent from a year earlier.

Revenue decreased 29.8 percent to 6.16 trillion won. The data for net earnings was not av…

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(LEAD) Seoul shares end 3-day winning streak on profit-taking

Seoul shares closed lower to snap their three-day rise Monday as investors moved to lock in profits. The local currency fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 4.47 points, or 0.16 percent, to 2,857…