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Vice Chairman Kwon Oh-gap of Hyundai Heavy Industries.
Hyundai Heavy Industries, which is due to split its corporate structure in April, had a very good fourth quarter last year, with operating profit rising with the positive news that the U.S. marine plant market has been improving.
Unlike shipbu…
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Lotte Chemical CEO Huh Soo-young.(Photos: Lotte Chemical)
Lotte Chemical has risen to the No. 1 position in the Korean petrochemical business industry after overtaking LG Chem in operating profit for the first time since its founding in 1976.
The company’s strategy to go all out in the petr…
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President Kim Joon of SK Innovation.
SK Innovation has been able to turn itself around form a year ago, ending the 2016 with an earnings surprise with operating profit coming in at 3.228 trillion won, up 63 percent YoY on sales of 39.520 trillion won, down 18 percent YoY.
The company attribu…
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Chairman Huh Jin-soo of GS Caltex is seen during a tour of GS Caltex facilities at the GS Caltex Refinery Complex in Yeosu, South Jeolla Province.
GS Caltex, the nation’s 2nd largest oil refinery, last year posted its largest operating profit of 2.1 trillion won since the oil refinery went online.…
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CEO Othman A-Ghamdi of S-Oil.
S-Oil achieved record-breaking operating profit last year, with its non-oil refining businesses, including petrochemical and lubricant base oil, exceeding 50 percent of the overall operating profit.
S-Oil announced on Feb. 2 that it posted sales of 16.32 trillion won,…
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Hyundai Elevator President & CEO Bob Jang. (Photo: Hyundai Elevator)
Hyundai Elevator announced the 2016 consolidated financial statement on Feb. 9, logging 1.7589 trillion won in sales and 182.5 billion won in operating profit. The figures represent a 21.4 percent jump and a 16.4 percent surge…
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Chairman Huh Chang-soo of GS Group.
In his New Year’s address, Chairman Huh Chang-soo of GS Group asked that the group find new growth engines to build a broader base for a sustainable and profitable future. He asked the group to diversify its business portfolio and create a corporate culture to a…
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KT Chairman Hwang Chang-gyu.
KT Chairman Hwang Chang-gyu has been selected as one of the keynote speakers for the Mobile World Congress (MWC) 2017, slated for Feb. 27 in Barcelona, Spain. This is the second time Chairman Hwang will deliver a keynote speech at the MWC following his appearance at the…
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Samsung Electronics Vice Chairman Kwon Oh-hyun delivers a speech at a ceremony to kick off the 2017 business year at Samsung Digital City in Suwon, south of Seoul on Jan. 2.
(Photos: Samsung Electronics)Samsung Electronics held a ceremony to kick off the 2017 business year at Samsung Digital …
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Chairman Chung Mong-koo of Hyundai Motor Group.
In his New Year’s message delivered on Jan. 2, Hyundai Motor Group Chairman Chung Mong-koo set the 2017 management task as responsible management. The group also decided to raise the 2017 car sales goal to 8.25 million units in Korea and abroad, 120,…
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KEPCO President Cho Hwan-eik. (Photo: KEPCO)Korea Electric Power Corp. is stepping on the gas to develop new energy business models. Shown (left) is an EV charging station, and a wind power plant. (Photos: KEPCO)
In accordance with the new governmen…
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Acting President Park Hee-sung of the Korea East-West Power Co. (EWP), President Kim Nam-kyun of the Korea Forestry Promotion Institute (KOFPI), and President Denaldy of Indonesian state-run forest company Perum Perhutani participated in a ceremony t…
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Presidential candidate Moon Jae-in speaks about steps to reduce fine dust at a meeting at the Minju Party of Korea headquarters on April 13.
The government is expected to accelerate efforts to secure sites to build new and renewable energy power pla…
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A view of the Shin Kori Nuclear Power Units, now under construction, which have been temporarily halted by the new government. The fate of the nuclear power units is to be decided by the outcomes of a public debate process. (Photo:KHNP)
The fate of …
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