[DISCLOSURE] Doosan Heavy Industries (034020) announced on July 18 that its operating profit in the second quarter rose 57.9 percent to 262.37 billion won (US$230.8 million). Its revenue slipped 3.6 percent to 3.6 trillion won while its net profit turned to black with 125.55 billion won.

July 18, 2016

[DISCLOSURE] Doosan Engine (082740) has turned to black, posting an operating profit of 1.8 billion won (US$1.58 million) in the second quarter, it announced on July 18. Its revenue increased 26.9 percent to 209.6 billion won and the net profit skyrocketed 9147.9 percent to 137.4 billion won from the same period last year.

July 18, 2016

[DISCLOSURE] Doosan Engineering & Construction (011160) announced on July 18 that its operating profit in the second quarter jumped 515.6 percent to 10.31 billion won (US$9.07 million) from the same period last year. Its revenue came in at 311.35 billion won and its net profit was 33.1 billion won, rising 7.2 and 24.3 percent, respectively.

July 18, 2016

[DISCLOSURE] Doosan Infracore (042670) reported on July 18 that its operating profit in the second quarter jumped 126.8 percent to 173.5 billion won (US$152.62 million) from the same period last year. Its revenue stood at 1.62 trillion won, a 0.2 percent slip, while its net profit surged 2246.5 percent to 223.7 billion won.

July 18, 2016

[DISCLOSURE] Ecopro (086520) will guarantee 5.68 billion won (US$4.99 million) debt of its subsidiary Ecopro BM, it announced on July 18. This amounts to 5.57 percent of its equity capital.

July 18, 2016

[DISCLOSURE] Boryung Pharmaceutical (003850) has obtained a Mexican patent for an antihypertensive pharmaceutical composition, a combination of amlodipine and fimasartan, it announced on July 18. The company already holds a patent in Korea.

July 18, 2016

[DISCLOSURE] SUNGDO Engineering & Construction (037350) announced on July 18 that it has signed a 21 billion won (US$18.47 million) contract with Daewoo Engineering & Construction (047040) to supply equipment and piping for S-Oil RUC project. This amounts to 6.41 percent of its recent revenue.

July 18, 2016

[DISCLOSURE] G-Smatt Global (114570) has signed a sales contract with Tian Jin Brillshow for its “smart glass,” the firm announced on July 18. The 5-year contract, to be renewed automatically, includes sales rights for the company to sell the Chinese partner’s products in China and allows it to establish a foreign sales subsidiary. 　

July 18, 2016

[DISCLOSURE] Sebo Manufacturing Engineering Corporation (011560) announced on July 18 that it has signed a 32.3 billion won (US$28.41 million) contract with Daelim Industrial (000210) to supply piping for its S-Oil project. This amounts to 10.57 percent of its recent revenue.

July 18, 2016

[DISCLOSURE] S&TC (100840) has signed a US$25.37 million contract with TR to supply air coolers, it announced on July 18. This amounts to 11.05 percent of its recent revenue.

July 18, 2016

[DISCLOSURE] Daewoo Engineering & Construction (047040) has received a 256.87 billion won (US$225.9 million) construction order from The Unistar for urban renewal project around Sewoon Shopping Mall, it announced on July 18. This amounts to 2.59 percent of its recent revenue.

July 18, 2016

[DISCLOSURE] Namhae Chemical (025860) announced on July 18 that it has signed a 20 billion won (US$17.59 million) trust contract for securities with its affiliate NH Investment & Securities (005940) to manage assets and improve revenue.

July 18, 2016

[DISCLOSURE] SK Telecom (017670) announced on July 18 that Fair Trade Commission has opposed to its acquisition of CJ HelloVision and the merger of its subsidiary SK Broadband and CJ HelloVision. 

July 18, 2016

[DISCLOSURE] Nara KIC (007460) has signed a 5 billion won (US$4.4 million) contract with Hyundai Engineering & Construction (000720) to supply insulation for Hanbit Nuclear Power Site’s unit 3 and four, it announced on July 18. This amounts to 7.59 percent of its recent revenue.

July 18, 2016

[DISCLOSURE] BRIDGETEC (064480) has signed a 1.2 billion won (US$1.05 million) contract with LG Uplus to provide equipment for Korea Workers’ Compensation & Welfare Service’s general directory number and IPCC service, it announced on July 18. This amounts to 2.3 percent of its recent revenue.

July 18, 2016