[Asia Economy Reporter Myunghwan Lee]



▲NK=Acquired 49.7% stake in affiliate ENK for 5.4 billion KRW to secure growth engines through business stability and diversification of related companies.


▲POSCO Holdings=Preliminary consolidated operating profit for Q3 this year estimated at 900 billion KRW, down 71% year-on-year.


▲Hyundai Motor=Decided to dispose of treasury shares worth 213.3 billion KRW for the purpose of granting company shares according to the 2022 collective bargaining agreement.


▲Kia=Decided to acquire and dispose of treasury shares worth 112.2 billion KRW for the purpose of granting company shares according to the 2022 wage negotiation.


▲Hyundai Energy Solutions=Preliminary consolidated operating profit for Q3 this year estimated at 30.318 billion KRW, turning to profit compared to the same period last year.


▲Dongyang Steel Pipe=Signed a supply contract for steel pipe piles for Gwangyang LNG Terminal #7 and #8 tanks worth 32 billion KRW with NTB Co., Ltd.


▲Hanshin Engineering & Construction=Won a contract for a street housing maintenance project in Geumgwang-dong 4071 area worth 75 billion KRW.


▲Playgram=Decided on a third-party allotment capital increase worth 12 billion KRW for operating funds. The third-party allotment targets are Tricon No.1 Investment Association and CEO Kim Jaewook.


▲GS Engineering & Construction=Selected as the contractor for the remodeling project of Ichon Hangaram Apartments. The estimated construction amount is 594.8 billion KRW.


▲Ildong Holdings=Preliminary consolidated operating loss for Q3 this year estimated at 18.646 billion KRW, a 33.7% increase compared to the same period last year.


▲Ildong Pharmaceutical=Preliminary consolidated operating loss for Q3 this year estimated at 24.946 billion KRW, a 25.9% increase compared to the same period last year.


▲Boryung=Preliminary operating profit for Q3 this year estimated at 15.869 billion KRW, a 14.45% increase compared to the same period last year. Additionally, decided to absorb and merge Liquon to create synergy effects and improve management efficiency. The surviving company is Boryung.


▲Daewoo Engineering & Construction=Selected as the contractor at the general meeting of the association related to the redevelopment maintenance project in Unnam District, Gwangju. The contract amount is approximately 400 billion KRW.





This content was produced with the assistance of AI translation services.

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