A 91-year-old farmer and his spouse have acquired a 5.09% stake in Seohung Co., investing nearly ₩13 billion ($9.8 million), drawing comparisons to Warren Buffett for their value-driven strategy amid recent share price declines.
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[Securities Industry Tidbits]'Occupation - Farmer'—Nonagenarian Super Investor Acquires ₩13 Billion Stake in Listed Company
A 91-year-old farmer and his spouse have acquired a 5.09% stake in Seohung Co., investing nearly ₩13 billion ($9.8 million), drawing comparisons to Warren Buffett for their value-driven strategy amid recent share price declines.
'Powerhouse Stock' Hyosung Heavy Industries to Build Largest Transformer Plant in US
Hyosung Heavy Industries will invest $157 million to expand its Memphis plant, making it the largest high-voltage transformer facility in the US amid surging AI-driven power demand.
KOSPI-Listed Firms See Sharp Profitability Improvement in Q3—Net Income Surges 60.9% from Previous Quarter
South Korea's KOSPI-listed firms saw Q3 net income surge 60.9% quarter-on-quarter, with broad-based profitability gains and especially strong results excluding Samsung Electronics.
Frozen Gimbap Captures Chinese Consumers—Pulmuone's Local Subsidiary Posts Strong September Results
Pulmuone Co. posted a 31.7% jump in Chinese sales through September, fueled by surging demand for frozen gimbap and noodles, with operating profit up 66.7%.
South Korea’s top asset managers posted strong Q3 earnings as Mirae Asset extended its lead and Samsung Asset Management rebounded sharply, fueled by surging ETF demand and aggressive marketing amid a record-breaking KOSPI rally.
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Q3 Asset Manager Earnings Show Mirae Asset's Dominance as Samsung Mounts a Comeback
South Korea’s top asset managers posted strong Q3 earnings as Mirae Asset extended its lead and Samsung Asset Management rebounded sharply, fueled by surging ETF demand and aggressive marketing amid a record-breaking KOSPI rally.
KEPCO’s record quarterly profit is overshadowed by a growing ₩544.6 billion ($410 million) provision for the Barakah nuclear project, as cost disputes with KHNP escalate and government mediation intensifies.
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Barakah Scars Linger Behind KEPCO's Record Profit—₩500 Billion Nuclear Provision
KEPCO’s record quarterly profit is overshadowed by a growing ₩544.6 billion ($410 million) provision for the Barakah nuclear project, as cost disputes with KHNP escalate and government mediation intensifies.
Hyundai Motor Securities is set to achieve its value-up plan ahead of schedule, with operating profit up 45% and ROE surpassing targets, driven by balanced growth across all business lines and improved capital structure.
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Hyundai Motor Securities Advances Value-Up Initiatives on Strong Earnings
Hyundai Motor Securities is set to achieve its value-up plan ahead of schedule, with operating profit up 45% and ROE surpassing targets, driven by balanced growth across all business lines and improved capital structure.
Coupang Inc. shares fell 12.2% after Q3 earnings, as operating profit missed analyst forecasts despite revenue and EPS beating expectations, highlighting valuation concerns and intensifying e-commerce competition.
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'Were Market Expectations Too High'—Why Coupang Inc. Shares Fell After Earnings Release
Coupang Inc. shares fell 12.2% after Q3 earnings, as operating profit missed analyst forecasts despite revenue and EPS beating expectations, highlighting valuation concerns and intensifying e-commerce competition.
SK hynix led South Korea’s Q3 operating profit growth, joining the ‘10 trillion won club’ as semiconductor sector gains drove record earnings, with Samsung Electronics and other major firms also posting strong results.
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SK hynix Leads Q3 Operating Profit Growth on Semiconductor Upswing
SK hynix led South Korea’s Q3 operating profit growth, joining the ‘10 trillion won club’ as semiconductor sector gains drove record earnings, with Samsung Electronics and other major firms also posting strong results.
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