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May 8, 2024

Kakao Bank reports 9.1 pct rise in Q1 net profit

SEOUL, Online lender Kakao Bank said Wednesday its net profit rose 9.1 percent on-year to 111.2 billion won (US$81.8 million) in the first quarter, thanks to robust sales of home-backed loans.

Operating profit rose

SK Chemicals swings to loss in Q1

SEOUL, SK Chemicals Co. on Wednesday reported its first-quarter net loss of 8.4 billion won (US$6.2 million), turning from a profit of 11.4 billion won a year earlier.

The company said in a regulatory