July 25, 2024

POSCO Future M shifts to loss in Q2

POSCO Future M Co. on Thursday reported its second-quarter net loss of 11.2 billion won (US$8.1 million), swinging from a profit of 43.1 billion won a year earlier.

The company said in a regulatory filing that it posted 2.7 billion won in operating p…

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Woori Financial’s Q2 net jumps on noninterest income

Woori Financial Group Inc. said Thursday its second-quarter net profit jumped, thanks to a sharp increase in noninterest income.

The financial holding firm’s net profit came to 931.4 billion won (US$672.3 million) in the April-June period, up 49 perc…

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