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Dig deeper into fund scam
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Optimus CEO gets 25 years in prison for fraud
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SK Innovation says refining margins to gradually improve in Q2
5/13/2021
SK Innovation Co Ltd, the owner of South Korea s top refiner SK Energy, said refining margins were likely to gradually improve in the second quarter due to recovering demand as the impact of COVID-19 eases.
The company posted an operating profit of 503 billion won ($444.88 million) in the January-March quarter, compared with an operating loss of 1.8 trillion won in the same period a year earlier.
Revenue declined 16% to 9.2 trillion won from a year earlier. That compares with the 9.9 trillion won forecast of analysts in the Refinitiv SmartEstimate. Despite the resurgence of COVID-19 in some regions and countries, as vaccinations in the United States and Europe continue, expectations about demand recovery are growing, Lee Dong-yeol, the head of SK Energy s corporate planning office, said in a earnings conference call.
It has been reported that several comedians have not received their appearance fees from their former agency, K ENM (formerly known as Koen Stars).
On December 11, Yoo Se Yoon, Jang Dong Min, and Jang Do Yeon’s current agency, LD Story, told OSEN, “Yoo Se Yoon, Jang Dong Min, Jang Do Yeon, and others have not received full payment for their broadcast appearances from their former agency. We are currently reviewing how much they have yet to receive. We are thinking of submitting this problem to the Korea Association of Entertainment Producers.”
One media outlet had previously reported that Lee Kyung Kyu had canceled his exclusive contract with the agency in question. That report had claimed that outstanding payments in the hundreds of millions of won were responsible for the breach, and that Lee Kyung Kyu was currently working without an agency.