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Hanwha Systems: Defense and Shipyard Consolidation to Drive Future Growth

Hanwha Systems is expected to see continued earnings growth led by its defense division and the consolidation of Philly Shipyard next year. The company recorded record-high earning...

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SK Telecom's AI Business Set to Generate Significant Revenue

SK Telecom's AI business is expected to generate significant revenue this year, with investments in SGH and Perplexity set to yield near-future sales. The company's 2Q24 earnings a...

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Jusung Engineering Sees Explosive Sales Growth in Q2, Signaling Market Recovery

Jusung Engineering reports a significant recovery in its financial performance for Q2, with sales increasing by 207% compared to the same period last year. The company attributes t...

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Amorepacific Faces Unexpected China Losses, Impacting Earnings

Amorepacific's growth in the US and Southeast Asia may not be enough to counterbalance the significant cost issues arising from its ongoing operational reshuffle in China. The oper...

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Hyundai Rotem's Defense Division Drives Record Sales with K2 Tank Exports to Poland

Hyundai Rotem's defense solutions division drives record earnings in Q2 2024, boosted by increased K2 tank exports to Poland. The company anticipates continued growth with upcoming...

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Sensex and Nifty Rally for Second Day Amid Global Market Gains

Benchmark indices Sensex and Nifty advanced for a second consecutive session on Monday, driven by gains in IT, banking, and auto stocks. The 30-share BSE benchmark rose by 415.49 p...

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POSCO Holdings Sees Profit Surge Amid Steel Mill Margin Improvements

POSCO Holdings' operating profit surged in the second quarter of 2024 due to improved steel mill margins, despite declining sales volume. The steel business is awaiting China's eco...

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Tmon and WeMakePrice on the Brink of Bankruptcy: Corporate Rehabilitation Considered

Tmon and WeMakePrice are grappling with a severe financial crisis, necessitating immediate payments for consumer refunds and seller settlement funds. The companies plan to prioriti...