[Asia Economy Reporter Myunghwan Lee]
▲Hanwha General Insurance=Preliminary consolidated operating profit for Q3 this year estimated at KRW 110.13 billion, up 20.6% year-on-year. During the same period, sales increased by 2.3% to KRW 1.4992 trillion, and net profit rose 28% to KRW 83.285 billion.
▲Daewoo Parts=Preliminary Q3 operating loss recorded at KRW 370 million, turning to a deficit compared to the same period last year. Sales during the same period decreased by 1.3% to KRW 24.175 billion, and net loss decreased by 213% to KRW 1.277 billion.
▲GS Construction=Selected as the preferred negotiation partner for the Sangye Jugong 5 Complex reconstruction project.
▲SM Vaxcell=Due to on-market purchases, the largest shareholder changed from Samra Midas to SM Highplus.
▲LS ELECTRIC=Signed a Switchgear & Transformer supply contract worth KRW 174.583 billion with Samsung E&C America.
▲CJ CheilJedang=Preliminary consolidated operating profit for Q3 this year estimated at KRW 484.189 billion, up 11.8% year-on-year. Sales during the same period increased by 16.9% to KRW 8.0119 trillion, and net profit rose 6.9% to KRW 225.84 billion. Additionally, a quarterly cash dividend of KRW 1,000 per common and preferred share was decided.
▲Samhwa Electronics=Decided on a KRW 5 billion third-party allotment capital increase to secure facility and operating funds. The third-party allotment targets are affiliates Samhwa Capacitor Industry and Samhwa Electric.
▲LIG Nex1=Decided to dispose of 1,414,852 shares of Inno Wireless Co., Ltd. to enhance management efficiency and secure investment funds for export business. The disposal amount is KRW 47.02968 billion.
▲Yusoo Holdings=Decided to dispose of 747,686 treasury shares to contribute to the in-house labor welfare fund for workers' livelihood stabilization and welfare improvement. The expected disposal amount is KRW 5.45 billion.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

