Tag: Q1

Q1

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KT&G posts historic Q1 operating profit due to overseas sales of heat-not-burn products

KT&G’s profit jumped in the first quarter, breaking the company’s record for quarterly sales performance, as the Korean tobacco company’s products have gained traction overseas.

2026.5.7

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

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Shoppers enter Emart Food Market's Godeok branch in Gangdong District, eastern Seoul, on its opening day on April 17. [NEWS1]

Emart reports best quarterly earnings in 8 years on retail innovations

Emart reported its strongest quarterly earnings in eight years for this year's January-March period, powered by deep cost restructuring and a renewed focus on core retail operations.

2025.5.12

Coupang delivery trucks are parked in Seoul on Feb. 26, 2025. [YONHAP]

Coupang posts record Q1 sales boosted by FX rates and new ventures

E-commerce giant Coupang said Wednesday it posted record sales for the first quarter, backed by favorable foreign exchange rate conditions and growth of its emerging businesses.

2025.5.7

Signs noticing availabity for commercial rent are posted on a building in Myeong-dong, central Seoul, on April 20. [YONHAP]

Korean economy contracts in Q1 on weak domestic demand and exports

Korea’s economy contracted in the first quarter of 2025, as sluggish domestic demand and weakening exports weighed on growth, according to data released by the Bank of Korea (BOK) on Thursday.

2025.4.24

Pictured is LG Electronics' heaquarters in Yeouido, western Seoul, on April 7. [YONHAP]

LG Electronics projects record Q1 revenue

LG Electronics on Monday projected its first-quarter revenue to be its highest ever, buoyed by growth in business-to-business (B2B) transactions and subscription-based services, despite the period being a typically slow season for home appliances.

2025.4.7

LG Electronics estimates Q1 operating profit down 5.7% at $856.7M

LG Electronics on Monday estimated its first quarter operating earnings at 1.25 trillion won ($856.7 million), down 5.7 percent on year despite record-high revenue for that period.

2025.4.7

Kakao's headquarters in Pangyo, Gyeonggi [JOONGANG ILBO]

Kakao's operating profit in Q1 jumps 92% on advertising, content

Kakao logged 120.3 billion won ($87.9 million) in operating profit for the first quarter of 2024, up 92.2 percent on year thanks to its robust platform and content business.

2024.5.9

Korean Air's B777-300ER [KOREAN AIR LINES]

Korean Air reports 5 percent increase in Q1 operating profit

Korean Air reported a 5 percent on-year increase in first quarter operating profit due to recovery in passenger traffic and robust cargo demand but still underperformed market expectations.

2024.5.8

Coupang's office in Songpa District, southern Seoul. [NEWS1]

Coupang loses $24 million in Q1 as AliExpress, Temu expand

Coupang posted net loss for the first quarter of 2024 as its profits eroded, partially due to intensifying competition with Chinese competitors like AliExpress and Temu.