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Samsung Biologics 2022 earnings hit all-time high with W3tr salesTechnologyJan 27, 2023Korean contract manufacturer Samsung Biologics' earnings in 2022 hit all-time high, mainly because its biopharmaceutical unit was included in the consolidated financial result after a full acquisition early in the year. Its sales almost doubled to 3 trillion won ($2.4 billion) from 1.56 trillion won in 2021, according to its regulatory filing on Friday. It logged 983.6 billion won in operating profit, up 183 percent from 537.3 billion won a year earlier. The dollar figure above has been cal
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Kia records highest yearly figures on sales growthTransportJan 27, 2023S. Korean automaker sets target to sell 3.2m units worldwide in 2023
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LG Electronics Q4 operating profit tumbles 91%TechnologyJan 27, 2023LG Electronics said Friday its operating earnings for the fourth quarter dipped more than 90 percent from a year earlier on slumping demand for home appliances coupled with global economic difficulties. The consumer electronics giant reported an operating profit of 69.3 billion won ($56.1 million) for the October-December period, down 90.7 percent from the same period a year prior, the regulatory filing showed. It was the first time South Korea’s No. 2 home appliances maker had reported a