SEOUL, July 24 (Korea Bizwire) – South Korean chipmaking giant SK hynix Inc. said Thursday its second-quarter operating profit surpassed 9 trillion won (US$6.53 billion) for the first time, driven by booming demand for artificial intelligence (AI) chips, including high bandwidth memory (HBM). In a regulatory filing, the company reported an operating profit of a [...]
LONDON, Oct. 2 (Korea Bizwire) — For the year ending 30 June 2018, PwC firms around the world earned total gross revenues of US$41.3 billion, topping US$40 billion for the first time. In local currency revenues grew by 7% and in US dollars by 10%. “This impressive growth is due to our focus on the [...]
SEOUL, Jan. 26 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. on Thursday posted sharp declines in 2017 net profit as a strong won and lower demand in China cut into their bottom lines. The won rose 2.6 percent to an average of 1,130.84 against the dollar last year from 1,160.50 [...]
SEOUL, Oct. 31 (Korea Bizwire) — Samsung Electronics Co. on Tuesday said its third-quarter net profit more than doubled on-year, mainly led by strong returns from its chip business amid an industrywide boom. Net profit came to 11.1 trillion won (US$9.87 billion), jumping from 4.53 trillion won posted a year earlier, the company said through [...]
NEW YORK, Oct. 26 (Korea Bizwire) — Nasdaq, Inc. (Nasdaq:NDAQ) today reported strong financial results for the third quarter of 2016. Third quarter net revenues were $585 million, up $56 million or 11% from $529 million in the prior year period, driven primarily by a $58 million positive impact from acquisitions. Organic revenue growth in [...]
DENVER, Oct. 30 (Korea Bizwire) — Sundance Energy Australia Limited (ASX:SEA) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford and Greater Anadarko Basin, reported its unaudited third quarter 2015 results as filed with the Australian Securities Exchange (ASX). Third Quarter 2015 Financial Results Realized [...]