South Korea's new Industry Minister Kim Jung-kwan has declined all congratulatory floral gifts, signaling a strong commitment to public service ethics and avoiding conflicts of interest amid scrutiny over his corporate background.
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[From the Field]Industry Minister Declines Congratulatory Orchids
South Korea's new Industry Minister Kim Jung-kwan has declined all congratulatory floral gifts, signaling a strong commitment to public service ethics and avoiding conflicts of interest amid scrutiny over his corporate background.
[Market Close] Bargain Hunting Lifts KOSPI 0.9%—Focus Shifts to Industrial Policy
South Korea's KOSPI rebounded 0.9% as bargain hunting and renewed focus on government industrial policy drove gains in nuclear, AI, and machinery stocks.
Doosan Group has sharply improved its financial health, halving its debt ratio and returning to growth, driven by Doosan Enerbility's resurgence and asset reacquisitions, though most affiliates still face sub-investment grade credit ratings.
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[Doosan 129 Years] Transformation and Improved Financial Ratios—Energized by Enerbility's Comeback
Doosan Group has sharply improved its financial health, halving its debt ratio and returning to growth, driven by Doosan Enerbility's resurgence and asset reacquisitions, though most affiliates still face sub-investment grade credit ratings.
Doosan Group’s market capitalization more than doubled in a year, surging to 64.5 trillion won ($49.1 billion) and ranking 7th among Korean conglomerates, driven by Doosan Enerbility’s strong performance in nuclear and eco-friendly energy sectors.
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[Doosan 129 Years] Doosan Rises to 7th in Market Cap, Driven by Doosan Enerbility
Doosan Group’s market capitalization more than doubled in a year, surging to 64.5 trillion won ($49.1 billion) and ranking 7th among Korean conglomerates, driven by Doosan Enerbility’s strong performance in nuclear and eco-friendly energy sectors.
Doosan Enerbility's Q2 Operating Profit Falls 12.5% Year-on-Year—Annual Target Still in Sight (Comprehensive)
Doosan Enerbility's Q2 operating profit fell 12.5% year-on-year, missing consensus, but the company expects to meet its annual targets as order momentum and profitability improve in H2.
Doosan Enerbility Q2 Operating Profit Falls 12.5% Year-on-Year—Slightly Misses Consensus (Update)
Doosan Enerbility reported a 12.5% year-on-year drop in Q2 operating profit, missing consensus, while revenue rose 10.1% and net profit beat expectations.
Doosan Enerbility Q2 Operating Profit Falls 12.5% Year-on-Year, Slightly Misses Consensus
Doosan Enerbility's second-quarter operating profit declined 12.5% year-on-year, coming in just below market expectations and signaling ongoing margin pressures.
Doosan Enerbility has become the first South Korean company to secure international certification for a 10MW offshore wind turbine, marking a milestone for the nation’s renewable energy sector and supporting government targets for wind power expansion.
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Doosan Enerbility Sees Order Backlog Grow—Q2 Operating Profit Expected to Double from Previous Quarter
Doosan Enerbility is set to double its Q2 operating profit from the previous quarter, fueled by a growing order backlog and robust demand for nuclear and gas power projects.
Kim Jeong-gwan Nominated as Industry Minister, Resigns from Doosan Enerbility
Kim Jeong-gwan, nominee for South Korea’s industry minister, has resigned as president of Doosan Enerbility ahead of his confirmation hearing, with his resignation processed on July 4.
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