Most Popular

1
IMF lowers Korea's 2025 growth outlook to 2%
2
Labor Ministry dismisses Hanni harassment case
3
Reality show 'I Live Alone' disciplined for 'glorifying' alcohol consumption
4
Now is no time to add pressure on businesses: top executives
5
North Korean troops fighting alongside Russia, NIS confirms

6
CJ CheilJedang to spur overseas growth with new Hungary, US plants
7
Japan to hold 1st memorial for Korean forced labor victims at Sado mine
8
[Herald Interview] How Gopizza got big in India
9
Nearly half of pines at Seoraksan face extinction due to global warming: study
10
Blackpink's solo journeys: Complementary paths, not competition

NewsletterSubscribe

Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea.

[EQUITIES] Daishin Securities forecasts 60% rise in Asiana’s 3Q profit

By 김지현

Published : Aug. 5, 2016 - 17:08

- Link copied

[THE INVESTOR] Daishin Securities on Aug.5 said Asiana Airlines is likely to post a 59.7 percent increase in its third-quarter profit to reach 111 billion won (US$99.35 million).

The brokerage said the carrier was making progress in selling off non-core assets and improving the profitability of unprofitable flight routes.

Daishin also said second-quarter earnings were encouraging, pointing to Asiana’s 18 billion won operating profit, which reflected a turnaround from the same period in 2015.

In July, Asiana began operations of Air Seoul, the nation’s sixth budget carrier.

By Kim Ji-hyun (jemmie@heraldcorp.com)

[EQUITIES] Daishin Securities forecasts 60% rise in Asiana’s 3Q profit

More from Headlines