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Hyundai Motor saw sales and operating profit rise by a small margin in the first quarter of the year, beating expectations. But the automaker saw real operating profit, except transient revenues, decline 8 percent over the same period a year ago. Hyundai Motor has entered a “contingency plan mode”…
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A view of “Lotte On,” Lotte’s integrated on-line shopping platform.President Cho Young-jae of Lotte Shopping’s e-Commerce Business Division announces strateges on the new e-Commerce brand Lotte On at the Lotte World Tower in Seoul on April 27. (Photos: Lotte)Lotte, one of the nation’s largest r…
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Bibigo Mandu (Dumpling) products released by CJ Cheiljedang.(from left) Bibigo home meal replacement products for roasted mackerel, grilled halibut, and roasted Spanish mackerel, released by CJ Cheiljedang. (Photos: CJ Cheiljedang)CJ Cheiljedang President Kang Shin-ho made good on his promise with h…
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A view of food products released by Ottogi. (Photo: Ottogi)Ottogi made its first step in the Korean food market many years ago by releasing a powered instant curry product in Korea. Ottogi released the nation’s firsts in areas such as soup, ketchup and mayonnaise. The food maker says it has been co…
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Three kinds of “Fishery Easy Cook KIT” foods, released by Dongwon F&B. (Photos: Dongwon F&B)Dongwon F&B, boasting fishery expertise it has accumulated over the years, has released three kinds of “Fishery Easy Cook KIT” foods using whelk, common Asian clam, and snails as the main ingr…
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An array of food products released by Orion. (Photo: Orion)Orion posted 539.8 billion won in sales and 97 billion won in operating profit in the first quarter of this year on a consolidated basis. The figures represent an 8.5 percent rise in sales and a 25.5 percent jump in operating profit compared…
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LG Chem Vice Chairman Shin Hak-cheol speaks at a ceremony to proclaim a new vision that reestablishes its identity based on not only ‘chemicals’ but ‘science’ to take a new leap. (Photo: LG Chem)LG Chem proclaimed the New Vision that reestablishes its identity based on not only ‘chemicals’ but…
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LG Chem logged a 1st quarter business performance that exceeded market expectations. LG Chem said on April 28 the company posted 7.115.7 trillion won in sales and 236.5 billion won in operating profit in Q1. A recent market consensus predicted that LG Chem would chalk up 142.4 billion won in operati…
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President Yi Eun-baek of Samchully America. The Samchully Group announced the promotion of Yi Eun-baek, vice president of Samchully America to president. Yi Eun-baek is the eldest son of Samchully founder and former chairman Yi Jang-kyun. Industry analysts say that Yi was promoted to president to ex…
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A view of six kinds of room temperature home meal replacement products, released under the sub branding “Anju Ya” (Drink Side Dish). (Photos: Daesamg)Daesang’s brand Chungjungone has entered the room temperature home meal replacement market. The food maker has earned a reputation with advanced ex…
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Officials of KEPCO KDN pose at their pavilion at Korea Smart Grid Expo 2025, which took place at COEX, Seoul, from Feb. 12 to Feb. 14.KEPCO KDN participated in the Korea Smart Grid Expo 2025, which took place at COEX, Seoul, from Feb. 12 to Feb. 14.&…
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CEO Lee Gyu-suk of Hyundai Mobis unveils its new vision demonstrating its strong commitment to becoming a leading global player in future mobility at a ceremony at Mobis Technical Center in Yongin, Gyeonggi-do, on March 12. (Photo: Hyundai Mobis)Hyun…
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This photo, provided by Hanwha Ocean Co. on March 17, 2025, shows a recent contract signing ceremony between the South Korean shipyard and Evergreen Marine Corp. of Taiwan. Hanwha Ocean CEO Kim Hee-cheul and Evergreen Marine Chairman Chang Yen-I pose…
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President Lee Jung-bok of Korea Western Power (KOWEPO) poses with his executives after they attended a ceremony at its headquarters in Taean to declare “KOWEPO innovative growth projects” and inaugurated the “KOWEPO Innovative Growth Committee” o…
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