Search results for Kolmar Korea
Finance
Toss Securities disclosure verification under scrutiny after Kolmar Korea results error causes investor confusion
Toss Securities caused confusion among some investors after incorrectly displaying Kolmar Korea’s first-quarter results on its mobile trading system, showing separate results instead of consolidated figures. The app indicated sales of 343 billion won and a 47.5 percent drop from a year earlier, while consolidated results were sales of 728 billion won and operating profit of 78.9 billion won, both up from a year earlier. Toss later corrected the data and apologized.
AI & Enterprise
MOTIE says M.AX Alliance expands to 1,300 participants; humanoid pilots to rise to 30 sites
South Korea\'s Ministry of Trade, Industry and Energy has expanded the M.AX Alliance, a consultative body for manufacturing AI transformation, to 11 subcommittees with more than 1,300 companies and institutions within six months of its launch. The ministry plans to increase humanoid robot pilot projects from 10 sites last year to at least 30 this year, prioritising hazardous tasks such as shipyard welding and logistics transfers.
Games & Commerce
Beauty platform market sees Naver, Daiso and Kurly gain ground
Naver, Daiso and Kurly are accelerating their push into South Korea’s beauty market, drawing attention to whether it could reshape the dominance of CJ Olive Young and Coupang. CJ Olive Young’s 2025 sales are forecast at 5.6 trillion won, up 20 percent, while Coupang’s beauty share is estimated at about 25 percent by transaction value. Rivals cite premium brands, low-price ODM products and early-morning delivery to drive growth.