[DISCLOSURE] Doosan Heavy Industries (034020) announced on July 18 that its operating profit in the second quarter rose 57.9 percent to 262.37 billion won (US$230.8 million). Its revenue slipped 3.6 percent to 3.6 trillion won while its net profit turned to black with 125.55 billion won.

[DISCLOSURE] Doosan Engine (082740) has turned to black, posting an operating profit of 1.8 billion won (US$1.58 million) in the second quarter, it announced on July 18. Its revenue increased 26.9 percent to 209.6 billion won and the net profit skyrocketed 9147.9 percent to 137.4 billion won from the same period last year.

[DISCLOSURE] Doosan Engineering & Construction (011160) announced on July 18 that its operating profit in the second quarter jumped 515.6 percent to 10.31 billion won (US$9.07 million) from the same period last year. Its revenue came in at 311.35 billion won and its net profit was 33.1 billion won, rising 7.2 and 24.3 percent, respectively.

[DISCLOSURE] Doosan Infracore (042670) reported on July 18 that its operating profit in the second quarter jumped 126.8 percent to 173.5 billion won (US$152.62 million) from the same period last year. Its revenue stood at 1.62 trillion won, a 0.2 percent slip, while its net profit surged 2246.5 percent to 223.7 billion won.

[DISCLOSURE] Ecopro (086520) will guarantee 5.68 billion won (US$4.99 million) debt of its subsidiary Ecopro BM, it announced on July 18. This amounts to 5.57 percent of its equity capital.

[DISCLOSURE] Boryung Pharmaceutical (003850) has obtained a Mexican patent for an antihypertensive pharmaceutical composition, a combination of amlodipine and fimasartan, it announced on July 18. The company already holds a patent in Korea.

[DISCLOSURE] SUNGDO Engineering & Construction (037350) announced on July 18 that it has signed a 21 billion won (US$18.47 million) contract with Daewoo Engineering & Construction (047040) to supply equipment and piping for S-Oil RUC project. This amounts to 6.41 percent of its recent revenue.

[DISCLOSURE] G-Smatt Global (114570) has signed a sales contract with Tian Jin Brillshow for its “smart glass,” the firm announced on July 18. The 5-year contract, to be renewed automatically, includes sales rights for the company to sell the Chinese partner’s products in China and allows it to establish a foreign sales subsidiary. 　

[DISCLOSURE] Sebo Manufacturing Engineering Corporation (011560) announced on July 18 that it has signed a 32.3 billion won (US$28.41 million) contract with Daelim Industrial (000210) to supply piping for its S-Oil project. This amounts to 10.57 percent of its recent revenue.

[DISCLOSURE] S&TC (100840) has signed a US$25.37 million contract with TR to supply air coolers, it announced on July 18. This amounts to 11.05 percent of its recent revenue.

[DISCLOSURE] Daewoo Engineering & Construction (047040) has received a 256.87 billion won (US$225.9 million) construction order from The Unistar for urban renewal project around Sewoon Shopping Mall, it announced on July 18. This amounts to 2.59 percent of its recent revenue.

[DISCLOSURE] Namhae Chemical (025860) announced on July 18 that it has signed a 20 billion won (US$17.59 million) trust contract for securities with its affiliate NH Investment & Securities (005940) to manage assets and improve revenue.

[DISCLOSURE] SK Telecom (017670) announced on July 18 that Fair Trade Commission has opposed to its acquisition of CJ HelloVision and the merger of its subsidiary SK Broadband and CJ HelloVision. 

[DISCLOSURE] Nara KIC (007460) has signed a 5 billion won (US$4.4 million) contract with Hyundai Engineering & Construction (000720) to supply insulation for Hanbit Nuclear Power Site’s unit 3 and four, it announced on July 18. This amounts to 7.59 percent of its recent revenue.

[DISCLOSURE] BRIDGETEC (064480) has signed a 1.2 billion won (US$1.05 million) contract with LG Uplus to provide equipment for Korea Workers’ Compensation & Welfare Service’s general directory number and IPCC service, it announced on July 18. This amounts to 2.3 percent of its recent revenue.

[DISCLOSURE] Sigong Tech (020710) has received a US$6.41 million order from POSCO Engineering & Construction (A025100) to supply interior fit-outs for its hotel in Yangon, Myanmar, it announced on July 18. This amounts to 10.1 percent of its recent revenue.

[DISCLOSURE] Samsung SDS (018260) denied media reports saying it will sell logistics division or split off the division and merge with Samsung C&T (028260), in a statement on July 18 in response to Korea Exchange’s inquiry. The IT service affiliate of Samsung is considering splitting off its logistics arm but nothing has been confirmed, it added.

[DISCLOSURE] New Pride (900100) announced on July 18 that its 14.5 billion won (US$12.74 million) capital increase with third party allotment has been paid in full. 　Reduced in size from 18 billion won, the newly issued 3,560,903 shares were offered to SRV Enterprises (Cyprus), and the subscription has been fully paid. The listing date is Aug.1.　SRV, a British merger and management consulting firm, now is the largest shareholder with 8.06 percent stake.

[DISCLOSURE] Dongbu Hitek (000990) announced on July 15 that Dongbu Group (012030) chairman Kim Jun-ki has put up 16 million shares, worth 13 billion won (US$11.42 million), as collateral until June 10, 2019. Creditors are 10 financial institutions including Korea Development Bank. 　Kim had financed 300 billion won to improve the subsidiary’s financial stability in 2009.

[DISCLOSURE] Shinsegae I&C (004170) reported that its operating profit in the second quarter dropped 50.18 percent to 4.2 billion won (US$3.69 million) from the same period last year in a statement released on July 15. Its sales increased 26.7 percent to 79.54 billion won.