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January 29, 2024

Hyosung swings to loss in 2023

SEOUL, Hyosung Corp. on Monday reported a 2023 net loss of 438 million won (US$327,918), swinging from a profit of 24.8 billion won a year earlier.

The company said in a regulatory filing that

S. Korean Bond Yields on Jan. 29, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.349 3.318 +3.1

2-year TB 3.342 3.310 +3.2

3-year TB 3.304 3.263 +4.1

10-year TB 3.436 3.386 +5.0

2-year MSB 3.350 3.311 +3.9

3-year CB (AA-)

Lotte Energy Materials shifts to red in Q4

SEOUL, Lotte Energy Materials Corp. on Monday reported its fourth-quarter net loss of 5.8 billion won (US$4.3 million), shifting from a profit of 600 million won a year earlier.

The company said in a