[News Space=Reporter seungwon lee] Infurness (CEO Kwak Seong-moon), which imports and sells the expensive premium bed 'VISPRING (UK)' used by famous celebrities and tycoons, saw its sales decrease last year, operating profit increase, but net profit for the period plummeted by about 70%. Notable changes include the expansion of short-term trading securities valuation losses in 2024, a sharp increase in short-term borrowings, and a reduction in dividends. In particular, exposure of investment assets to market volatility, dependence on CEO transactions, and liquidity management burden are emergi
[News Space=Reporter seungwon lee] Since the pandemic, the number of companies with an interest coverage ratio of 1 or less, which cannot even pay interest with their operating profit, has more than doubled as large corporations' interest expenses have increased 2.4 times due to decreased operating profit and rising interest rates until last year. In particular, the number of "zombie companies" that have recorded an interest coverage ratio of 1 or less for three consecutive years has reached 20. On the 29th, the Corporate Analysis Research Institute Leaders Index (CEO Park Joo-geun) analyzed t
The RSQUARE–Acretree–Shinyoung Asset consortium announced on the 11th that IGIS KORIF Private Real Estate Investment Trust No. 10 has completed the sale of G Valley Biz Plaza, a landmark mixed-use property in southwestern Seoul, to IGIS Asset Management. G Valley Biz Plaza appointed the RSQUARE–Acretree–Shinyoung Asset consortium as its sales advisor in August last year and proceeded with a bidding process in October. Subsequently, IGIS Asset Management acquired the property through a share-deal structure, with the Government Investment Corporation of Singapore (GIC) participating as an equity
According to a report released by RSQUARE Analytics (RA) on the 26th, the number of co-living housing units in Seoul reached 7,371 as of Q1 2025, increasing 4.7 times over the past nine years. Rental demand has also risen by an annual average of 22% between 2022 and 2024. Notably, lease contracts surged by 29% in 2024 compared to the previous year. With this growth trend, major domestic and international companies are actively entering the market. Domestic firms such as 'MGRV', 'DDPS' (an affiliate of SK D&D), 'SLP' (a Shinyoung affiliate), and 'KT Estate' are expanding their businesses, w
[News Space=Reporter seungwon lee] Volvo Cars Korea (CEO Lee Yoon-mo) saw its operating profit increase last year, but its sales and net profit decreased. This is because the deterioration in the non-operating sector's performance caused a decrease in net profit for the period. In addition, it is facing complex risks such as a high debt ratio approaching 800%, deterioration of non-operating profit and loss, strengthening of global supply chain and ESG regulations, and two legal disputes. Cash generation is even weakening to the extent that operating cash flow is negative (-KRW 1.1 billion). Vo
[News Space=Reporter seungwon lee] Daewon Pharmaceutical (CEO Baek Seung-yeol) has been hit with a 'profitability warning light' as its operating profit and net profit both declined despite sales growth last year. According to the Financial Supervisory Service's electronic disclosure system on the 20th, Daewon Pharmaceutical's consolidated sales in 2024 increased by 13.5% from 526.9 billion won the previous year to 598.1 billion won. However, operating profit, a qualitative indicator, decreased by 12.4% from 32.2 billion won the previous year to 28.2 billion won, and net profit also decreased
[News Space=Reporter seungwon lee] Daewon Pharmaceutical has been emphasizing ethical management through the introduction of the Fair Trade Voluntary Compliance Program (CP) and the Anti-Corruption Management System (ISO37001), but it is just empty talk, and its effectiveness is even being questioned due to repeated quality issues and legal risks. In recent years, Daewon Pharmaceutical has been criticized by the industry and society due to repeated administrative actions by the Ministry of Food and Drug Safety (quality defects, violations of the Narcotics Control Act, etc.), high-intensity tax
[News Space=Reporter seungwon lee] CURECA™, a global molecular diagnostics total solutions company, recently released a video at the European Society for Clinical Microbiology and Infection Disease (ESCMID Global 2025, hereinafter referred to as ESCMID), and is receiving rave reviews. Seegene announced on the 23rd that “visitors to the Seegene booth at ESCMID, recently held in Vienna, Austria, unanimously praised CURECA™.” After watching the recently released CURECA™ video, ESCMID participants expressed their anticipation for its future launch, along with favorable reviews of the innovative co
[News Space=Reporter seungwon lee] SK Telecom, the number one mobile communications company in Korea, reported the damage to the relevant authorities after being hacked. The leak of data related to the Subscriber Identity Module (USIM) has been detected, but the exact cause and scale have not yet been revealed. According to SK Telecom on the 22nd, their internal system was hacked on the afternoon of the 19th, and it is believed that some subscriber SIM card-related information was leaked through malware that infiltrated the system. SK Telecom immediately deleted the malware and isolated the su
[News Space=Reporter seungwon lee] Rep. Kang Min-guk (People Power Party, Jinju City B) urged the Fair Trade Commission, Financial Supervisory Service, and other relevant authorities to actively investigate the suspicion that Hanwha Aerospace is effectively forcing its employees to buy paid-in capital increase stocks. On March 20, Hanwha Aerospace decided on a large-scale paid-in capital increase worth 3.6 trillion won, but immediately after the announcement of the paid-in capital increase, it faced criticism that it was a fraudulent paid-in capital increase for the succession of the owner's f