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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

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Companies

Thu, June 1, 2023 | 10:58

Kakao Games' Q1 profit tumbles 85% due to one-off factor

Kakao Games' Q1 profit tumbles 85% due to one-off factor

Kakao Games, the gaming unit of Korean tech giant Kakao, said Wednesday its first-quarter net profit tumbled 85 percent due to an account loss from its investment in a local developer.

2023-05-03 10:18

SK On to develop key EV battery material with US graphite company

SK On to develop key EV battery material with US graphite company

Korean battery maker SK On said Wednesday it has signed an agreement with a U.S. graphite company to develop battery-grade anode materials in an effort to bolster the sourcing of raw materials.

2023-05-03 09:55

Wooseok E&C launches plastic recycling project

Wooseok E&C launches plastic recycling project

Wooseok E&C has embarked on a project to recycle plastic waste using syngas production technology in collaboration with the Institute for Advanced Engineering, a non-profit research agency, and KEPCO E&C, a power plant design company.

2023-05-03 08:27

Dongwon F&B runs large-scale promotion in 'family month' of May

Dongwon F&B runs large-scale promotion in 'family month' of May

Dongwon F&B has kicked off a large sales event with discounts of up to 51 percent for its various health functional foods until the end of June, the company said Tuesday. One of the most prominent products is Ultra Vita Action, a highly concentrated multivitamin produced under its premium health functional food brand Oliniq.

Kim Jae-heun | 2023-05-03 08:25

Korea wary of China's economic retaliation following Yoon's Taiwan remarks

Korea wary of China's economic retaliation following Yoon's Taiwan remarks

Concerns are growing over China's possible economic retaliation against Korea after President Yoon Suk Yeol's recent remarks on Taiwan elicited angry responses from Beijing, according to sources, Tuesday.

Park Jae-hyuk | 2023-05-02 17:12

New OCI chairman grapples with continued controversy

New OCI chairman grapples with continued controversy

OCI Holdings kicked off its operation on Tuesday with the appointment of its new chairman, amid multiple controversies surrounding him and the company.

Park Jae-hyuk | 2023-05-02 17:12

BGF Retail Q1 net profit up 6.5% to $20.6 million

BGF Retail Q1 net profit up 6.5% to $20.6 million

BGF Retail Co. on Tuesday reported its first-quarter net income of 27.7 billion won ($20.6 million), up 6.5 percent from a year earlier.

2023-05-02 16:59

Kia's April sales rise 8.3% despite chip shortage

Kia's April sales rise 8.3% despite chip shortage

Kia, Korea's second-largest automaker, said Tuesday its sales rose 8.3 percent last month from a year earlier on improved production and product mix amid eased chip supply disruptions.

2023-05-02 16:59

AmorePacific's Q1 net profit down 25.3% on-year on weaker sales

AmorePacific's Q1 net profit down 25.3% on-year on weaker sales

AmorePacific, a cosmetics giant, on Tuesday reported a 25.3 percent decrease in net profit in the first quarter from a year earlier due to sluggish sales amid a global slowdown.

2023-05-02 16:59

Diageo Korea criticized for allegedly forcing unwanted drinks on local bars

Diageo Korea criticized for allegedly forcing unwanted drinks on local bars

Diageo Korea is facing growing criticism for allegedly forcing bars, nightclubs and other establishments to purchase unwanted liquor products in bundles with its popular whisky Johnnie Walker, according to industry officials, Tuesday.

Kim Jae-heun | 2023-05-02 16:51

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