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Industry

LG Electronics to pay interim dividend for second straight year, implement 200 billion won shareholder returns

LG Electronics said on Tuesday it filed details of its 2026 interim dividend plan after a board resolution. The record date is Aug. 13 and it will pay a cash dividend of 500 won per share for both common and preferred shares, totalling 89.7 billion won, with payment scheduled for Aug. 28. The company also completed a 100 billion won share buyback and plans to cancel the shares this year as part of its shareholder return plan.

Finance

BNK Financial first-half net profit down 13.5 percent to 411.8 billion won

BNK Financial Group\'s first-half net profit attributable to controlling shareholders fell 13.5 percent from a year earlier to 411.8 billion won, it said on July 28, citing base effects from last year\'s real estate fund disposal gains and one-off losses this year. Second-quarter net profit slipped 5.2 percent from the previous quarter to 200.4 billion won. Asset quality indicators improved, while the group maintained its common equity tier 1 ratio within its management target range.

Finance

Four major financial groups\' net profit tops 11 trillion won, competition shifts from banks to capital markets

South Korea’s four major financial holding groups posted combined first-half net profit of 11.34 trillion won, up 9.8 percent from a year earlier, helped by steady interest income and rising fee income from capital-market businesses such as securities, wealth management and investment banking. As non-bank earnings contributions expanded, the competitive focus among groups increasingly shifted to capital markets. In banking, Shinhan Bank led in net profit, while Woori Bank was the only one to decline.