Hyundai Department Store Q2 Net Income Beats Estimates

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Hyundai Department Store announced Q2 net income of 68.7 billion won, surpassing analyst estimates. Hana Tour and Innocean also reported Q2 operating profits that exceeded expectations. In contrast, Netmarble and Korea Zinc's Q2 net income fell short of forecasts.

This mixed earnings picture shows varied performance across South Korean companies. Kakao Games received an upgrade to Buy from Hanwha, indicating a positive outlook for the gaming firm. Hyundai Department Store has slipped -0.01% on Hyperdash.

SourcesFirst Squawk

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