August 9, 2024

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Coway Q2 net profit up 43.9 pct to 154.2 bln won

Coway Co. on Friday reported its second-quarter net income of 154.2 billion won (US$113.1 million), up 43.9 percent from a year earlier.

Operating income for the April-June period was 211.2 billion won, up 8.8 percent from a year ago, the company sa…

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Seoul shares end over 1 pct higher on calmed recession woes

South Korean stocks finished more than 1 percent higher Friday as investor sentiment was boosted by better-than-expected recent U.S. jobless data, soothing recent recession fears that had rocked global financial markets. The local currency gained aga…