[Asia Economy Reporter Myunghwan Lee]
▲Dong-A ST=Notified by the Ministry of Health and Welfare of a fine of 10.8 billion KRW for violation of the Pharmaceutical Affairs Act and a one-month suspension of health insurance coverage for 72 prescription drug items.
▲Korea Financial Group=Preliminary consolidated sales for Q1 this year recorded at 6.1303 trillion KRW, a 26.28% increase compared to the same period last year. Operating profit for the same period decreased by 30.29% to 338.1 billion KRW.
▲GS Retail=Preliminary consolidated sales for Q1 this year recorded at 2.5985 trillion KRW, a 23.7% increase compared to the same period last year. Operating profit for the same period decreased by 27.2% to 27.329 billion KRW.
▲Samyang Packaging=Preliminary sales for Q1 this year recorded at 97.129 billion KRW, an 18.3% increase compared to the same period last year. Operating profit for the same period decreased by 68.6% to 1.809 billion KRW.
▲Hyosung Heavy Industries=Signed a contract with the South African state-owned power company for the design, installation, and commissioning of a BESS at a substation in KwaZulu-Natal Province.
▲Hanmi Semiconductor=Preliminary consolidated sales for Q1 this year recorded at 63.192 billion KRW, a 10.9% decrease compared to the same period last year. Operating profit for the same period increased by 9.9% to 21.258 billion KRW.
▲Dongwon Industries=Preliminary consolidated sales for Q1 this year recorded at 815.991 billion KRW, an 18.7% increase compared to the same period last year. Operating profit for the same period increased by 25.2% to 85.348 billion KRW.
▲Shinsegae Food=Preliminary consolidated sales for Q1 this year recorded at 323.91 billion KRW, a 1.2% increase compared to the same period last year. Operating profit for the same period decreased by 23.4% to 3.93 billion KRW.
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▲Central Insight=Regarding the delisting reason due to refusal of audit opinion for the 2020 fiscal year, the Korea Exchange KOSPI Market Division confirmed the resolution of the delisting reason after reviewing the implementation of the improvement plan. However, due to the occurrence of embezzlement and breach of trust charges, a substantive review procedure on listing eligibility is ongoing, and trading suspension continues.
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