Day: February 27, 2024

Kolmar Korea shifts to profits in 2023

Kolmar Korea Co. on Tuesday reported its 2023 net income of 25.6 billion won (US$19.2 million), swinging from a loss of 4.1 billion won a year earlier.

The company said in a regulatory filing that operating income for the year rose 86.4 percent on-y…

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Kolmar Korea remains in red in Q4

Kolmar Korea Co. on Tuesday reported its fourth-quarter net loss of 43.3 billion won (US$32.5 million), remaining in the red compared with a year ago.

Operating income for the October-December period was 37.8 billion won, up 337.9 percent from a yea…

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(EDITORIAL from Korea Times on Feb. 27)

Korea must act as US, Japan go all out to bolster chip industries

The United States and Japan are swiftly enhancing their semiconductor industries, prompting heightened vigilance among domestic stakeholders. For starters, Intel of the U.S. unveiled …

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(EDITORIAL from Korea JoongAng Daily on Feb. 27)

Help companies defend their management rights

The government announced the long-awaited “corporate value-up program” to help ease “Korea Discount” for companies’ stocks. The program was focused on allowing the autonomy of the corporate sector. For i…

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