[News Space=Reporter seungwon lee] BASF Korea Co., Ltd., the Korean branch of BASF Beteiligungsgesellschaft mbH, the world's number one chemical company, reported a 0.2% decrease in sales last year compared to the previous year, but operating profit and net profit decreased by 23% and 52%, respectively. BASF Korea is 100% owned by BASF in Germany, its headquarters, and was established on December 15, 1988 for the purpose of producing and selling chemical products. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 28th, BASF Korea recorded
[News Space=Reporter seungwon lee] People Power Party lawmaker Kang Min-guk (Jinju-eul, Gyeongsangnam-do), who is the floor leader of the National Assembly’s Political Affairs Committee, urged the relevant authorities to investigate the truth on the 28th, saying that Hanwha Aerospace, which has ample room to issue corporate bonds, announced a paid-in capital increase, which led to a sharp drop in its stock price and massive shareholder damage. On March 18, Hanwha Aerospace's stock price rose to an intraday high of 781,000 won and a closing price of 764,000 won, the highest level ever. However,
[News Space=Reporter seungwon lee] As Hana Financial Group held a shareholders' meeting on the 25th and e lected Chairman Young-Joo Ham, attention is focused on the outcome as the Citizens' Coalition for Economic Democratization, the Financial Justice Coalition, the People's Economy Research Institute, the People's Solidarity for Participatory Democracy (hereinafter referred to as the Financial Solidarity), and the global proxy advisory firm Institutional Shareholder Services (ISS) are raising voices of opposition. Another uncomfortable aspect is that even Financial Supervisory Service Governo
[News Space=Reporter seungwon lee] Novo Nordisk Pharmaceuticals (CEO Sasha Semienchuk) achieved sales of KRW 374.7 billion in 2024, recording an astonishing 63% growth compared to KRW 230.2 billion the previous year, but looking inside, the situation is not all smiles. Despite rapid sales growth, profitability improvement is minimal, raising questions about whether the aggressive dividend policy is sustainable. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 30th, Novo Nordisk's sales in 2024 will be 374.7 billion won, up 62.7% from the
[News Space=Reporter seungwon lee] The management performance and financial structure of pet specialty company Harim Pet Food (CEO Jun Heo) are showing signs of improvement. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 30th, Harim Pet Food's sales, operating profit, and net profit in 2024 all showed significant improvements compared to the previous year. Last year, Harim Pet Food achieved sales of KRW 52.1 billion (a 14% increase from KRW 45.7 billion the previous year), operating profit of KRW 3.2 billion (a 78% increase from KRW 1.8
[News Space=Reporter seungwon lee] Steqeyma (ingredient name: ustekinumab), an autoimmune disease treatment drug sold by Celltrion, will be sold at Costco, a large U.S. retailer. This achievement was made in just two weeks after Steqeyma was launched in the U.S. On the 22nd of this month (local time), Celltrion signed a contract for listing Steqeyma with Costco Health Solutions, a prescription drug benefit management (PBM) affiliate of Costco, the third largest retailer in the U.S. Through this, Steqeyma refunds will be made to PBM subscribers and Costco employees at pharmacies in Costco store
[News Space=Reporter seungwon lee] Sleep specialty brand Simmons (CEO Ahn Jeong-ho) has fully demonstrated its status as the number one brand in the bedding industry by posting its best performance ever despite the domestic economic downturn. Simmons Beds recorded its highest sales ever last year with sales of 329.5 billion won, a 5% increase from the previous year. Last year, operating profit was 52.7 billion won, a 65% increase from the previous year. Simmons' operating profit margin last year was 16%, up 6 percentage points (p) from the previous year. The reason for the increase in operatin
[News Space=Reporter seungwon lee] McDonald's Korea announced on the 25th that the advertisement for the 'Taste of Korea' project won silver awards in two categories at the 'ADFEST 2025' advertising festival. AdFest is a global advertising festival representing the Asia-Pacific region that was first launched in 1998. This year, McDonald's Korea entered the 'Taste of Korea' project advertisement and won silver awards in two categories: 'Effective Lotus' and 'Creative Strategy'. 'Taste of Korea' is a local sourcing project that McDonald's Korea has been conducting since 2021. It started with the
[News Space=Reporter seungwon lee] Kolmar Korea has won two awards at the world's most prestigious beauty awards, known as the 'Oscars of the Cosmetics Industry.' Kolmar Korea is the only company in the world to have won awards in two categories. Kolmar Korea announced that it won two Cosmopack Awards at the 56th Cosmoprof Worldwide Bologna 2025, held in Bologna, Italy from the 20th to the 23rd (local time). Kolmar Korea won the grand prize in two categories: ▲Innovation Technology and ▲Sustainability. The Cosmoprof/Cosmopack Awards are hosted by Cosmoprof, the world's largest comprehensive be
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UPDATE: 2025년 06월 17일 06시 00분
