April 24, 2024

Seoul shares jump 2 pct on rally in techs, batteries

South Korean stocks soared 2 percent Wednesday as tech, secondary battery and other market heavyweights rallied following overnight gains on Wall Street. The Korean won rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index cl…

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LG Innotek Q1 net profit up 66.3 pct to 138.5 bln won

LG Innotek Co. on Wednesday reported its first-quarter net profit of 138.5 billion won (US$101.1 million), up 66.3 percent from a year earlier.

The company said in a regulatory filing that operating profit for the January-March period rose 21.1 perc…

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