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Mobility

TMap Mobility posts Q2 EBITDA of 4.4 billion won, swings to profit year on year

TMap Mobility said on Thursday it posted second-quarter EBITDA of 4.4 billion won, up 3.6 billion won from a year earlier. Revenue rose 7.4 percent to 74.4 billion won. The company said monthly operating profit turned positive in June, pointing to potential improvement in full-year results. It said growth was led by its mobility data and solutions business, alongside gains in TMAP AUTO, UBI insurance and API and data services.

Industry

LS Q2 operating profit 595.6 billion won, up 153 percent year on year

LS said on Thursday its second-quarter operating profit rose 153 percent from a year earlier to 595.6 billion won, while revenue climbed 40 percent to 11.02 trillion won, both record highs for a quarter. First-half operating profit totalled 1.07 trillion won, exceeding last year’s full-year result, with revenue up 39 percent to 20.53 trillion won. The company cited AI data centre expansion and power-grid replacement projects.

AI & Enterprise

Yanolja Q2 revenue rises 21 percent to 282 billion won

Yanolja reported second-quarter consolidated revenue of 282 billion won and operating profit of 1.7 billion won, it disclosed on Thursday. Revenue rose 20.9 percent from a year earlier, while operating profit swung to black from a loss. Net loss was 8.1 billion won, turning from profit a year earlier. First-half revenue increased 14 percent to 502.3 billion won, while operating loss widened and net loss also turned negative.