operating Profit target
Scope
Date
~
-
Korean startups
Mirae, Naver set for hefty profit from Didi Chuxing IPO
The prospective initial public offering of DiDi Chuxing Technology Co., China's largest ride-hailing app, is expected to generate as much as 200 bil...
Jun 15, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
Nature Holdings beats Shinsegae, CJ to join TaylorMade deal
The Nature Holdings, a South Korean importer of popular apparel brands such as National Geographic, Jeep, NFL and Vera Wang, has been chosen as the ...
Jun 14, 2021 (Gmt+09:00)
-
Shipping & Shipbuilding
Daewoo Shipbuilding to build $1 bn offshore facility for Brazil’s Petrobras
Daewoo Shipbuilding & Marine Engineering Co. has won a 1.1 trillion won ($1 billion) deal to build an offshore facility for Petroleo Brasileiro ...
Jun 14, 2021 (Gmt+09:00)
language -
Private equity
Korean PEFs buy Spyder's S.Korean license for over $50 mn
A consortium of three South Korean private equity firms has acquired the domestic operations of the US sportswear brand Spyder for 60 billion won ($...
Jun 11, 2021 (Gmt+09:00)
-
Korean startups
FastFive secures near $30 mn; pushes to become office solutions provider
South Korea's co-working space provider FastFive Co. announced on June 11 that it has raised 30 billion won ($27 million) from seven investors, brin...
Jun 11, 2021 (Gmt+09:00)
-
Automobiles
Parts maker Mando to split off self-driving operations
Mando Corp., a South Korean auto parts maker under Halla Group, is splitting off the autonomous driving business into a separate entity to sharpen i...
Jun 09, 2021 (Gmt+09:00)
-
Global F&B industry
Korea’s bakery franchises target Southeast Asia for growth opportunities
South Korea’s two leading bakery franchise companies are expanding aggressively in Southeast Asia.SPC Group, the operator of Korea’s lar...
Jun 09, 2021 (Gmt+09:00)
language -
IPOs
Record-setting IPO boom may spell scanty profits
South Korean stock markets are on course to set a new record in the IPO volume with new issues estimated to exceed 30 trillion won ($27 billion) for...
Jun 09, 2021 (Gmt+09:00)
language -
Electronics
LG Innotek eyes record profit, revenue on strong camera module sales
LG Innotek Co., a major camera module supplier for Apple Inc.’s iPhones, is looking to post a record operating profit and sales this year as i...
Jun 07, 2021 (Gmt+09:00)
-
Korean chipmakers
Taiwanese fabless firms outwit Korean rivals in chip supercycle
Taiwanese fabless semiconductor firms, with backing from their hometown foundry companies, are reaping the benefits of higher chip prices and soarin...
Jun 06, 2021 (Gmt+09:00)
language -
Fintech
KDB bets big on fintech platform Toss ahead of 2023 IPO
The Korea Development Bank (KDB) has decided to invest 80 billion won ($72 million) in the fintech startup Toss via a rights offering. This marks th...
Jun 04, 2021 (Gmt+09:00)
-
Artificial intelligence
Madison Capital Funding raises $460 mn from Korea
A private debt fund managed by Madison Capital Funding, a US middle-market lender, has received a combined $460 million in commitments from seven So...
Jun 03, 2021 (Gmt+09:00)
-
Automobiles
Korea’s major tire makers to raise prices as rubber supply tightens
South Korea’s three leading tire makers are set to raise prices of commercial and passenger vehicle tires on growing demand from automakers an...
May 31, 2021 (Gmt+09:00)
-
Carbon neutrality
Korea’s OCI to return to highest profit in decade on rising polysilicon prices
OCI Co., a South Korean chemical and green energy company, has been in the red for years, weighed by weak prices of its mainstay product polysilicon...
May 30, 2021 (Gmt+09:00)
-
Venture capital
Vision Fund loss slashes Masayoshi Son’s 2020 salary by 52%
SoftBank Group founder and CEO Masayoshi Son’s salary more than halved last year, according to the group’s regulatory filing on May 28.T...
May 28, 2021 (Gmt+09:00)
-
Artificial intelligence
NPS, KIC commit $600 mn to N.America logistics fund
The National Pension Service (NPS) and the Korea Investment Corporation (KIC) have committed $600 million in aggregate to GLP Capital Partners' Nort...
May 28, 2021 (Gmt+09:00)
-
Shipping & Shipbuilding
Korea Shipbuilding & Offshore wins $308 million order to build 6 vessels
Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 348 billion won ($308 million) deal to build six vessels, bringing its total sh...
May 24, 2021 (Gmt+09:00)
-
Earnings
Korean firms emerge triumphant from pandemic with record Q1 profits
South Korean companies have posted their best-ever quarterly sales and operating profits, emerging from a year-long slump caused by the global COVID...
May 21, 2021 (Gmt+09:00)
language -
Korean startups
Fashion platform Ably looks to raise over $20 mn
South Korea-based Ably Corporation, the operator of fashion platform Ably, is seeking to raise around 40 billion won ($35.3 million), attracting a p...
May 20, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
Chat fiction app operator eyes global expansion, webtoon market
As smartphones have become essential to everyday life, chat fiction -- storytelling in the form of fictional text messaging -- has become popular am...
May 18, 2021 (Gmt+09:00)
-
Earnings
Dongkuk Steel’s Q1 operating profit hits 5-year high as economy recovers
Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, on Monday reported its largest quarterly operating profit in nearly five years...
May 17, 2021 (Gmt+09:00)
language -
Korean startups
SoftBank Ventures invests in fashion app targeting middle-aged women
South Korea-based Queenit, a fashion mobile platform targeting middle-aged women, has secured around 5.5 billion won ($5 million) from a pool of hig...
May 13, 2021 (Gmt+09:00)
-
Earnings
SK Innovation eyes strong battery orders after returning to Q1 profit
SK Innovation Co., a major South Korean oil refiner and battery maker, has returned to an operating profit in the first quarter, boosted by gains in...
May 13, 2021 (Gmt+09:00)
language -
PEF divestments
PEFs knocking on door of Korean IPO market for profitable divestment
South Korean and overseas private equity firms are knocking on the door of the initial public offering market for profitable divestments, riding the...
May 10, 2021 (Gmt+09:00)
language -
Batteries
Korea’s major firms look for M&A targets in battery materials business
South Korea’s major companies are looking for merger and acquisition opportunities in the rechargeable battery materials sector, which is grow...
May 06, 2021 (Gmt+09:00)
language -
Korean chipmakers
SK Hynix CEO bullish on memory outlook, eyes $12 billion profit
The chief executive of SK Hynix Inc., the world’s second-largest memory chipmaker, aims to achieve as much as 13 trillion won ($12 billion) in...
Apr 30, 2021 (Gmt+09:00)
-
Earnings
LG Electronics expects auto parts business to turn profitable in H2
South Korea’s LG Electronics Inc. said on Thursday it expects its loss-making auto parts business to turn to profit in the second half of this...
Apr 29, 2021 (Gmt+09:00)
language -
Beauty & Cosmetics
Amorepacific posts 191.1% growth in Q1 profit, recovers in China
South Korea’s cosmetics giant Amorepacific Group reported a sharp turnaround in revenue and operating profit for the first quarter of 2021.The...
Apr 28, 2021 (Gmt+09:00)
language -
Korean chipmakers
SK Hynix mulls foundry expansion, advances capex to ease chip shortage
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday that it is looking into various options to grow its foundry busi...
Apr 28, 2021 (Gmt+09:00)
-
Earnings
POSCO revises up sales target after Q1 profit rises to 10-year high
South Korea’s largest steelmaker POSCO said on Monday it’s raising this year’s sales target by 17.5% after posting its highest q...
Apr 26, 2021 (Gmt+09:00)
language
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer