Tag: earnings

earnings

Latest News

Samsung signals record chip profit ahead

A Samsung executive’s upbeat outlook has heightened expectations for record quarterly profits at Samsung and SK hynix as AI-driven chip demand stays strong.

2026.7.6

Citibank Korea headquarters in central Seoul [CITIBANK KOREA]

Citibank Korea reports 61 percent net income increase in Q1, the highest in eight years

Citibank Korea saw its net income surge 61 percent in the first quarter from a year earlier to record its highest level since 2018.

2026.5.15

AI chip boom drives Samsung to historic $38.5B quarterly profit

Samsung Electronics reported its strongest quarterly results in its corporate history for the January-March period, with operating profit hitting 57.2 trillion won ($38.5 billion).

2026.4.30

Hanwha Ocean's shipyard is seen in Geoje, South Gyeongsang on March 12. [YONHAP]

Hanwha Ocean sails to consensus-beating operating profit of $299.5M in Q1

Hanwha Ocean posted a consensus-beating first quarter operating profit of 441.1 billion won ($299.5 million) driven by high-value vessels and a currency market favorable to an exporter.

2026.4.27

Kia's headquarters in southern Seoul [YONHAP]

Kia achieves record revenue in Q1, but operating profit plummets on year

Kia posted its highest-ever quarterly revenue in the first quarter of this year, but operating profit fell sharply by 26.7 percent from a year earlier.

2026.4.24

The JB Financial Group headquarters in Yeouido, Yeongdeungpo District, western Seoul [JB FINANCIAL GROUP]

JB Financial posts 3.2% rise in Q1 net profit with $116M, short of projections

JB Financial Group on Thursday reported a first quarter net profit of 172.3 billion won ($116.3 million), up 3.2 percent from a year earlier.

2026.4.23

KG Financial Group headquarters in western Seoul [KB FINANCIAL GROUP]

KB Financial Group reports Q1 net profit of $1.3 billion, up 12.8% on year

KB Financial Group on Thursday reported a first-quarter net profit of 1.91 trillion won ($1.3 billion), up 12.8 percent from a year earlier.

2026.4.23

Samsung Electronics' Suwon headquarters in Gyeonggi on April 7 [YONHAP]

Samsung joins Big Tech's league with estimated $38B profit, crushing projections

Samsung Electronics reported a preliminary operating profit of 57.2 trillion won ($38 billion) for the first quarter of 2026, marking a 755 percent on-year surge that blew past already elevated market expectations.

2026.4.7

Samsung Electronics' Seocho office in southern Seoul [NEWS1]

Chip boom lifts Samsung to $38B operating profit in Q1, far above forecasts

Samsung Electronics reported preliminary operating profit of 57.2 trillion won ($38 billion) for the January to March quarter, a 755 percent year-on-year surge that smashed market expectations, driven by booming memory demand and rising chip prices.

2026.4.7

Stock prices of Samsung Electronics and SK hynix are displayed on a screen in Hana Bank's trading room in central Seoul on Feb. 13. [YONHAP]

Net profit of listed firms rose over 33% in 2025

The combined net profit of firms listed on Korea's main bourse surged more than 33 percent from a year earlier in 2025, partly driven by strong performances of the country's chipmakers, data showed Thursday.

2026.4.2

Tag: earnings

earnings

Latest News

Samsung signals record chip profit ahead

Citibank Korea reports 61 percent net income increase in Q1, the highest in eight years

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