[DISCLOSURE] Dong-A ST (170900) announced on July 29 that it will sell 2.35 million shares of its affiliate M.I.Tech worth 30 billion won (US$26.67 million) to secure funds for investment in core business.

July 29, 2016

[DISCLOSURE] CJ Korea Express (000120) announced on July 29 that its Chinese holding company CJ Korea Express (China) Investment will acquire 50 percent stake of Chinese logistics company Shenzen Speedex Commercial Service at 81.1 billion won (US$72.09 million). This amounts to 3.42 percent of its equity capital.The rest is owned by its previous largest shareholder TCL, an electronics company in China. TCL and CJ will establish a joint venture. The due date for acquisition is Aug. 31.

July 29, 2016

[DISCLOSURE] Samsung Heavy Industries (010140) announced on July 29 that it posted 283.7 billion won (US$252.18 million) in operating loss, continuing to be in red from the same period last year. Its sales hiked 89 percent to 27.21 trillion won while net loss came in at 212.4 billion won remaining in red.

July 29, 2016

[DISCLOSURE] Samsung Card (029780) announced on July 29 that its operating profit in the second quarter fell 10 percent to 83.7 billion won (US$74.4 million) from the same period last year. Its sales came in at 833.6 billion won, up 5.5 percent while net profit was down 9.7 percent to 109.64 billion won on-year.

July 29, 2016

[DISCLOSURE] AmorePacific (090430) announced on July 29 that its operating profit in the second quarter rose 15.6 percent to 240.6 billion won (US$213.87 million) from the same period last year. Its sales reached 1.44 trillion won, up 20.7 percent and net profit increased 19.3 percent to 192.6 billion won on-year.

July 29, 2016

[DISCLOSURE] AmorePacific Group (002790) announced on July 29 that its operating profit in the second quarter hiked 27.1 percent to 309.6 billion won (US$275.2 million) from the same period last year. Its sales rose 21.7 percent to 1.72 trillion won and net profit increased 33.1 percent to 246.7 billion won on-year.

July 29, 2016

[DISCLOSURE] Kolon Global (003070) announced on July 29 that its operating profit in the second quarter jumped 79.8 percent to 14 billion won (US$12.44 million) from the same period last year. Its sales slipped 1.48 percent down to 793.2 billion won.

July 29, 2016

[DISCLOSURE] Hyundai Rotem (064350) announced on July 29 that it has turned to black with 39 billion won (US$34.67 million) operating profit in the second quarter. Its sales came in at 722.5 billion won, down 22.3 percent on-year while net profit was 22.7 billion won reversing the loss.

July 29, 2016

[DISCLOSURE] KT (030200) announced on July 29 that it will sell 132,630 shares of its own, estimated to be worth 4.2 billion won (US$3.73 million) to pay performance awards.

July 29, 2016

[DISCLOSURE] Daewoo E&C (047040) announced on July 29 that its operating profit in the second quarter rose 14.4 percent to 105.7 billion won (US$93.96 million) from the same period last year. Its sales came in at 2.99 trillion won, up 19 percent on-year while net profit dropped 48.5 percent to 43.1 billion won.

July 29, 2016

[DISCLOSURE] SK Networks (001740) announced on July 29 that its operating profit in the second quarter slipped 2.4 percent to 35.2 billion won (US$31.29 million) from the same period last year. Its sales came in at 4.66 trillion won, down 9.74 percent on-year while net profit hiked 130.23 percent to 10.14 billion won.

July 29, 2016

[DISCLOSURE] KT (030200) announced on July 29 that its operating profit in the second quarter rose 15.8 percent to 426.95 billion won (US$379.51 million) from the same period last year. Its sales came in at 5.68 billion won, up 4.5 percent on-year while net profit fell 20.7 percent to 255.25 billion won.

July 29, 2016

[THE INVESTOR] IT solutions firm Samsung SDS saw its operating profit jump 35.2 percent on-year to 168.4 billion won (US$149.7million) in the second quarter of 2016, the company said in its regulatory filings on July 28. Its sales came in at 2.52 trillion won, up 17.6 percent year-over-year. 　The company said its IT services and logistics business process outsourcing(BPO) businesses enjoyed a 17 percent and 35.3 percent increase, respectively thanks to improved demand. 　The Seoul-headquartered f

July 28, 2016

[DISCLOSURE] Samsung Engineering (028050) announced on July 28 that its second-quarter operating profit fell 82.6 percent to 3.55 billion won (US$3.14 million) from the same period last year. Its sales inched up 2 percent on-year to 1.88 trillion won and net profit hiked 44 percent to 2.36 billion won.

July 28, 2016

[THE INVESTOR] LG Electronics (066570) announced on July 28 that its second-quarter operating profit surged 139.5 percent to 584.6 billion won (US$516.66 million) from the same period last year. Its sales inched up 0.6 percent on-year to 14 trillion won.

July 28, 2016