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July 26, 2024

Kia Q2 net profit up 5 pct to 2.95 tln won

Kia Corp. on Friday reported its second-quarter net income of 2.95 trillion won (US$2.1 billion), up 5 percent from a year earlier.

Operating income for the April-June period was 3.64 trillion won, up 7.1

Seoul shares snap 2-day fall on large cap gains

South Korean shares closed sharply higher Friday, ending a two-day losing streak on large cap gains led by financial firms and shipbuilding companies. The local currency fell slightly against the U.S. dollar.

The benchmark