Toss Securities Reports Record Half-Year Profit of 319.5 Billion Won Amid Surge in Trading Volume
Toss Securities has reported record figures for revenue, operating profit, and net income in the first half of this year. The surge in trading activity in both domestic and international stock markets has significantly boosted commission fee revenues.The company's cumulative revenue for the first half of the year reached 845.8 billion won, a 139% increase compared to the same period last year. Operating profit rose to 319.5 billion won, up 89%, while net income climbed to 236.8 billion won, an 8
Dongbu Construction Reports 267% Surge in First-Half Net Profit, Exceeds 1 Trillion Won in Revenue
Dongbu Construction has reported a significant increase in revenue and net profit for the first half of the year, surpassing 1 trillion won in sales and achieving a 267% rise in net profit compared to the previous year. On August 14, Dongbu Construction announced that its consolidated revenue for the first half of the year reached 1.03 trillion won, with an operating profit of 28.2 billion won and a net profit of 39.1 billion won. Compared to the same period last year, revenue increased by 24.3%
Korean Stock Market's S7 Faces Diverging Earnings Expectations and Price Targets
The long-term earnings outlook for the seven key stocks driving the domestic market, known as S7, is projected to reach record highs, while target prices in the securities industry are showing extreme divergence. This situation reflects both optimism that these stocks will boost the KOSPI index, similar to the U.S. market's Magnificent 7 (M7), and concerns over short-term market conditions and governance uncertainties, which could lead to increased volatility in stock prices.According to financi
Sangsang Investment & Securities Reports 11.1 Billion Won Profit in First Half of 2026
Sangsang Investment & Securities recorded a cumulative net profit of 11.1 billion won in the first half of 2026, continuing its profitability for two consecutive quarters. The company has increased the likelihood of an annual profit turnaround by generating steady earnings across its key business segments, including asset management, wholesale, investment banking (IB), and retail.According to Sangsang Investment & Securities, the cumulative net profit for the first half of the year was approxima
South Korean Prime Minister Discusses Next-Gen SMR Collaboration with Bill Gates
South Korean Prime Minister Han Seung-soo met with Bill Gates, Chairman of TerraPower, on August 14 to discuss collaboration on next-generation small modular reactors (SMRs) and stable power supply solutions in the era of artificial intelligence (AI).During the meeting at the Government Seoul Office, Han and Gates exchanged views on energy mix strategies and the establishment of a global SMR ecosystem to address the increasing power demand driven by the expansion of the AI industry.Han emphasize
Lotte Card Reports 55.5% Increase in First-Half Net Profit to 64.7 Billion Won
Lotte Card announced that its consolidated net profit for the first half of the year reached 64.7 billion won, a 55.5% increase from 41.6 billion won during the same period last year. This growth is attributed to a portfolio realignment focused on high-quality customers and proactive risk management, which stabilized bad debt costs. Overall cost efficiency also contributed to improved profitability. Indicators of asset soundness have also improved. The delinquency rate for loans overdue by more
Bithumb Reports $18.5 Million Loss in Q2, Marking Two Consecutive Quarters of Deficit
빗썸이 올해 2분기 당기순손실이 218억원으로 적자 전환했다고 14일 밝혔다. 매출은 전년 동기 대비 35.8% 감소한 863억원을 기록했다. 같은 기간 영업이익은 44% 줄어든 121억원이다.올해 상반기 누적 기준 당기순손실 역시 1087억원으로 적자 전환했다. 매출은 1688억원으로 전년 동기 3292억원 대비 48.7% 줄었고 영업이익은 149억원으로 83.4% 감소했다.미국의 매파적인 금리 기조가 이어지는 가운데 국내외 투자자들의 관심이 인공지능(AI)·반도체 등 주식시장으로 이동하면서 실적이 감소한 것으로 분석된다.빗썸은 서비스
Jexy Mix Reports 127.4 Billion Won in First Half Revenue, Plans Expansion in Southeast Asia
Jexy Mix, a company specializing in athleisure, continued its revenue growth in the first half of the year, driven by expansion in overseas markets such as Japan and Taiwan. The company plans to accelerate its efforts in the Southeast Asian market, focusing on Indonesia and Thailand in the second half of the year. On August 14, Jexy Mix announced that its consolidated revenue for the first half of the year reached 127.4 billion won, a 1.6% increase compared to the same period last year. Operat
Local Bakery Donates Bread to Vulnerable Residents in Mokpo
A small business in Mokpo is consistently delivering warmth to the community through homemade bread. On August 12, Park Eun-ok, the owner of Onul Bakery, donated 80 loaves of bread, valued at 180,000 won, to the Sangjeong-dong Administrative Welfare Center for local residents in need. The donated bread was distributed to seniors at local community centers and other vulnerable residents requiring assistance. The ongoing contributions from Onul Bakery are particularly significant as they are not a
U.S. Imposes Tariffs on Drones, South Korea to Discuss Certification Standards
The U.S. government has decided to impose tariffs of up to 100% on unmanned aerial systems (UAS) and key components, with a maximum of 15% on products from South Korea. In response, the South Korean government will engage in discussions regarding detailed certification standards.According to the Ministry of Trade, Industry and Energy, the White House announced on August 13, based on Section 232 of the Trade Expansion Act, the imposition of tariffs on UAS. This measure aims to reduce dependence o