[News Space=Reporter seungwon lee] Premium vegan beauty brand d'Alba announced that it recorded sales of KRW 309 billion, operating profit of KRW 59.8 billion, and net profit of KRW 15.5 billion in 2024 through its provisional performance for 2024. Accordingly, the operating profit ratio approached 20% at 19.4%. This was mainly due to corporate tax expenses of KRW 13.5 billion and non-cash/non-recurring expenses such as KRW 33 billion in valuation losses on convertible redeemable preferred stocks. It is known that the valuation losses were fully recognized after 24 years. Since its establishme
[News Space=Reporter seungwon lee] As the 2025 Harbin Asian Winter Games, a winter sports festival for Asians, came to a close on the 14th, the performances of national athletes in snow sports such as skiing and snowboarding are particularly noteworthy. Lotte Group Chairman Shin Dong-bin, who has provided full support to the athletes, is once again in the spotlight as the background to such achievements in Korea, which is considered to have a poor winter sports training environment. February 14, the closing day of the Harbin Winter Asian Games, coincidentally marks Lotte Group Chairman Shin Do
[News Space=Reporter seungwon lee] Harvard Business School students in the United States learned about and discussed the innovative growth case of Olive Young, a representative K-beauty channel. CJ Olive Young (hereinafter referred to as Olive Young) announced on the 16th that a case study on Olive Young's competitiveness in contributing to the revitalization of the K-beauty industry ecosystem centered on small and medium-sized businesses by introducing the first multi-brand beauty & health channel in Korea was adopted as a textbook at Harvard Business School in the United States. As Korea
[News Space=Reporter seungwon lee] New Balance, a global sports brand that has surpassed 1 trillion won in sales in Korea, announced on the 17th that it will extend its licensing agreement with E-Land World, with which it has maintained a long-standing partnership in Korea. This decision is based on New Balance’s strong trust in Korean consumers and the strategic importance of the Korean market for continued growth. “We are delighted to extend our long-standing partnership with New Balance,” said Cho Dong-joo, CEO of E-Land World. “This agreement once again emphasizes the importance of the Kor
[News Space=Reporter seungwon lee] Amorepacific received the highest grade of A in both the Climate Change and Water Security sectors in the Carbon Disclosure Project (CDP) evaluation. CDP is a global initiative led by financial investment institutions around the world to request companies to disclose environmental management information. Based on the information disclosed by companies every year, it has the world's largest environmental database, and supports financial institutions around the world to use it as meaningful information for decisions such as corporate investment and lending, the
[News Space=Reporter seungwon lee] Nongshim is establishing a European corporation and establishing a business base to conquer the European market. Nongshim announced that it will establish a European corporation, Nongshim Europe BV, in Amsterdam, the Netherlands in March. The Netherlands, where Nongshim’s European corporation will be located, has the Port of Rotterdam, which is the largest in terms of cargo volume in Europe, and also has excellent railway and land transportation networks connected to the port, making it a country with excellent logistics infrastructure targeting all of Europe
[News Space=Reporter seungwon lee] The new mechanism of action innovative new drug candidate 'IL21120033' currently under development by iLeadBMS (CEO Jae-Jun Lee), a new drug research and development company of Ildong Pharmaceutical Group, has received orphan drug designation (ODD) for idiopathic pulmonary fibrosis (IPF) from the U.S. Food and Drug Administration (FDA). IL21120033 is an anti-fibrotic new drug candidate based on a small molecule compound that acts on CXCR7 (CXC chemokine receptor 7), which is closely involved in inducing fibrosis and inflammation of living tissues among the re
[News Space=Reporter seungwon lee] Kyochon F&B saw its operating profit drop by nearly 40% last year despite a slight increase in sales. In addition, its net profit plummeted by 95.8% to 500 million won. There are observations that a decline in the stock price and overall financial performance will inevitably be a blow. Kyochon F&B announced on the 12th that its consolidated sales for last year increased by 8% year-on-year to KRW 480.6 billion. The company explained that consumer demand is recovering and its global business is doing well through continuous strengthening of overseas bus
[News Space=Reporter seungwon lee] Dongwon Systems (CEO Cho Jeom-geun) announced its performance on the 11th, saying that it achieved consolidated sales of KRW 1.3343 trillion and operating profit of KRW 91.9 billion last year. (Separate sales of KRW 1.2301 trillion and operating profit of KRW 81.2 billion) Compared to 2023, sales and operating profit increased by 4.5% and 13.7%, respectively. This is because the performance was driven by the even growth of Dongwon Systems' materials, packaging, and secondary battery divisions, and especially the growth of high value-added products such as fle
[News Space=Reporter seungwon lee] On the 12th, KAI (Korea Aerospace Industries) held a 'K-AI Day' seminar to strengthen competitiveness in the aerospace SW field at its headquarters development center in Sacheon, Gyeongsangnam-do. K-AI Day was held to share the status of core platform development of domestic and foreign companies related to data analysis and AI technology development and to seek strategic cooperation plans between companies to strengthen SW development capabilities. KAI, Conan Technologies, Meisa, and other domestic companies, as well as key AI executives from Palantir, a big
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UPDATE: 2025년 08월 02일 20시 44분
