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[EQUITIES] NH Investment expects E-mart’s Q2 earnings to fall below estimates
[THE INVESTOR] NH Investment & Securities forecast local retailer E-mart will post earnings below market estimates in the second quarter.On a consolidated basis, the Shinsegae Group affiliate’s sales were expected to rise 8 percent to 3.92 trillion won (US$3.41 billion), with operating profit rising 0.4 percent to 66 billion won. However, the figures fall below the market consensus of 70.9 billion won operating profit. E-mart’s offline store growth fell 0.5 percent in the second quarter. One of
July 15, 2016
![[EQUITIES] NH Investment expects E-mart’s Q2 earnings to fall below estimates](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2016/07/15/20160715001022_0.jpg&u=20160715162339)
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NPS seeks damages from DSME
[THE INVESTOR] National Pension Service has filed a 48.9 billion won (US$ 43 million) compensation suit against Daewoo Shipbuilding and Marine Engineering, it was revealed on July 14.The NPS said that it has filed a suit against 10 Deloitte Anjin, and DSME executives. It did not elaborate on how the amount was calculated. The prosecution investigating corruption at the shipbuilder estimates that DSME’s mismanagement led to the country’s financial industry sustaining more than 10 trillion won in
July 14, 2016
![[EQUITIES] NH Investment expects E-mart’s Q2 earnings to fall below estimates](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2016/07/15/20160715001022_0.jpg&u=20160715162339)