Search results for Voluntary retirement
Finance
Woori Bank shakes off first-half slump, posts record third-quarter net profit
Woori Bank rebounded from weak first-half results, posting a record quarterly net profit of 1.03 trillion won in the third quarter, up 22 percent from the previous quarter. Nine-month net profit rose 4.7 percent from a year earlier to 2.40 trillion won. Higher interest income from expanded corporate lending, stronger non-interest income and lower loan-loss provisions supported results. Its net interest margin fell and delinquency indicators worsened.
AI & Enterprise
Microsoft Azure cloud up 43 percent, annual revenue tops $100 billion
Microsoft posted fiscal fourth-quarter results that beat market expectations, sending its shares up about 3 percent in after-hours trading. Revenue for the quarter ended June 30 rose to $90.01 billion, while adjusted EPS came in at $4.74. Net income increased to $35.77 billion. Intelligent Cloud revenue climbed 31.6 percent and Azure growth accelerated to 43 percent, with annual Azure revenue topping $100 billion for the first time.
Finance
Shinhan Financial first-half net profit rises 13.3 percent on strong brokerage
Shinhan Financial Group posted a record first-half net profit of 3.44 trillion won, up 13.3 percent from a year earlier, helped by growth in its capital markets businesses such as brokerage and asset management. Net interest income rose 7.7 percent and non-interest income increased 19.7 percent, lifting the non-interest share of total earnings to 30 percent. The board set a second-quarter dividend of 740 won per share and plans additional share buybacks and cancellation.
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Industry
LG Electronics posts Q2 operating profit of 1.58 trillion won, up 147 percent year on year
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Games & Commerce
Kakao faces double trouble of labour dispute and weak shares, raising concerns over AI shift
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Games & Commerce
Retail shareholders unite amid weak game stocks, press for meetings and treasury share cancellations
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Games & Commerce
Q1 breaks seasonal slowdown but polarisation widens in South Korea game industry
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Games & Commerce
Devsisters Q1 operating loss widens to 17.4 billion won, seeks turnaround with overhaul and new titles
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Telecommunications & Media
LG Hellovision Q1 revenue 255.4 billion won, down 18.5 percent year on year
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AI & Enterprise
Microsoft seeks to introduce first voluntary employee exit program in 51 years
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Finance
Shinhan Financial Q1 net profit 1.62 trillion won, up 9 percent on year
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Industry
Lotte Wellfood cuts prices for confectionery, ice cream and packaged bread products by 4.7 percent on average
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Industry
Lotte Chilsung Beverage brings Lim Jun-beom back to board at shareholders meeting, focuses on finance and strategy
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Games & Commerce
Kakao union says Kakao must step in over DK Techin\'s job insecurity
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Games & Commerce
NHN union holds rally outside headquarters, condemns inaction over subsidiary restructuring
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Telecommunications & Media
Korea mobile carriers\' earnings split on hacking and subscriber shifts; SKT slips, KT and LG Uplus grow
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Finance
Korea\'s big four financial groups extend record run, step up shareholder returns race
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Finance
Woori Financial posts 2025 net profit of 3.14 trillion won, up 1.8 percent