JB Financial Group Posts Q1 2026 Net Profit of KRW 166.1 Billion as Net Interest Income Rises 8.5%
JB Financial Group posted Q1 2026 net profit of KRW 166.1B (+2.1% YoY), with net interest income growing 8.5% and provisions declining 9.7%.
- 02
CJ Corporation Q1 2026: Revenue Climbs 8% but Operating Profit Slides 13% as BIO Segment Stumbles
CJ Corporation posted Q1 2026 consolidated revenue of KRW 11.45 trillion (+8.0% YoY) but operating profit fell 13.2% as the BIO amino acid segment's profit collapsed 62.3% year-on-year.
- 03
SK Biopharmaceuticals Signs USD 2.5 Billion AI Drug Discovery Deal With Insilico Medicine at BioUSA 2026, Expanding CNS Reach Beyond Epilepsy
SK Biopharmaceuticals (326030.KS) signed a USD 2.5 billion AI drug discovery deal with Insilico Medicine at BioUSA 2026 to develop neuroimmune CNS therapies, as 51 Korean biotech firms set new partnership benchmarks at the San Diego event.
- 04
South Korea Wins Softer EU Steel Quota Carve-Out Days Before July 1 Cutoff, Shielding POSCO and Hyundai Steel
South Korea secured preferential treatment under the EU new steel safeguard regime effective July 1, 2026, protecting POSCO and Hyundai Steel from the full 46% duty-free quota reduction targeting global exporters.
- 05
SK Hynix Eyes Nasdaq ADR Debut by August, Targets Up to USD 20 Billion as AI Memory Gains Peak
SK hynix (000660.KS) plans to list American Depositary Receipts on Nasdaq as early as July 2026, targeting proceeds of USD 14 to 20 billion to fund AI memory expansion.
- 06
LG Energy Solution Debuts Polish-Made JF2S Battery at ESS Europe 2026, Targeting AI Data Center Power Market
LG Energy Solution showcases JF2S DC Link 5.0 (~5 MWh, Polish LFP), JP6 UPS and 2170 BBU at Messe Munich (Jun 23-25), backed by USD 1.6B DTE Energy deal and KRW 3.4T in 2026 ESS contracts.
- 07
Samsung Display, LG Display Begin Apple H2 2026 OLED Mass Production as BOE Is Shut Out of Premium Lineup
South Korea's Samsung Display and LG Display have begun mass production of OLED panels for Apple's entire H2 2026 lineup, securing over 228 million units combined. BOE was excluded from iPhone 18 Pro supply after LTPO+ quality failures at its Mianyang facility.
- 08
CJ CheilJedang (097950.KS) Q1 2026: Operating Profit Slumps 28.5% on Cost Expansion, Net Income More Than Doubles on Tax Relief and Divestiture Gains
CJ CheilJedang posted operating profit of KRW 238.1 billion in Q1 2026, down 28.5% year-on-year, as SG&A costs rose 5.4% and BIO segment margins contracted. Net income surged 108.8% to KRW 119.8 billion on tax normalisation and a KRW 15.1 billion discontinued-operations gain.
- 09
Samsung Biologics Secures KRW 149.1 Billion in CMO Add-Ons as Union Plans Independence Vote
Samsung Biologics disclosed two DART-filed CMO contract expansions totaling KRW 149.1 billion in June 2026, lifting its cumulative backlog to ~USD 10.4 billion, even as the labor union prepares a vote to exit Samsung Group's conglomerate union.
- 10
Hyundai Glovis (086280.KS) Q1 2026: Revenue Hits KRW 7.81 Trillion on Auto Logistics Surge, Operating Profit Up 3.9%
Hyundai Glovis (086280.KS) posted KRW 7.81 trillion in Q1 2026 revenue (+8.2% YoY) with operating profit up 3.9% to KRW 521.5 billion. Net income fell 14.4% on non-operating headwinds. Fleet expansion: 37 LNG car carriers on order.
- 11
Samsung E&A (028050.KS) Q1 2026: Operating Profit Surges 20% as Middle East Demand Reshapes Revenue Mix
Samsung E&A Q1 2026 quarterly results: operating profit up 19.6% YoY to KRW 188.2bn; Middle East revenue surges 33% to 58% of total sales; backlog at KRW 17.8tn.
- 12
Daehan Shipbuilding (439260.KS) Surpasses 2026 Order Target and Logs Sixth Straight 20%-Plus Margin Quarter on Suezmax Dominance
Daehan Shipbuilding (439260.KS) posted Q1 2026 operating profit of KRW 82.6 billion at a 26.8% margin — its sixth consecutive quarter above 20% — as Suezmax specialization and US-Iran tensions drive record tanker demand. The company has already exceeded its 2026 annual order target with 13 vessels secured and is pursuing US Navy MRO certification.
- 13
Kakao Games Installs LINE Yahoo-Backed Co-CEOs, Denies Merger With LINE Games; Stock Jumps 15%
Kakao Games (293490.KS) held an EGM on June 22 to install Kim Taehwan and Lee Si-woo as co-CEOs under new parent LAAA Investment (LY Corp.), which injected KRW 300B via equity and convertible bonds. A potential merger with LINE Games was ruled out for now; Southeast Asia is the stated growth target. Shares jumped 15.9% on the session.
- 14
SK Hynix Dethrones Samsung Electronics as KOSPI's Top Market Cap for First Time in 27 Years
SK Hynix briefly surpassed Samsung Electronics on June 22 to become South Korea's largest company by market cap — a milestone unseen since 1999 — as its AI-driven HBM dominance sent shares to a record KRW 2,945,000.
- 15
South Korea's FSS Chief Regrets Approving Samsung, SK Hynix Leveraged ETFs as Retail Investors Bear Up to KRW 10 Trillion in Brokerage Fees
South Korea's FSS Governor Lee Chan-jin expressed sharp regret over the May 27 approval of 2x single-stock leveraged ETFs tied to Samsung Electronics and SK Hynix, warning cumulative trading commissions may reach KRW 5–10 trillion while retail investors—holding 92% of the KRW 14 trillion combined AUM—bear most of the risk. Regulators are studying five curbs including tighter monitoring, credit controls, and possible restrictions on future approvals.
LineVest Daily
Get this wrap in your inbox every morning.
One email before the U.S. open — the earnings, filings, and guidance changes that matter, in plain English. Free.
Subscribe free