earnings Archives | Be Korea-savvy
LG’s Robot Subsidiary Back in Black After Long Years of Sluggish Performance

LG’s Robot Subsidiary Back in Black After Long Years of Sluggish Performance

SEOUL, Nov. 23 (Korea Bizwire) — LG Group’s robot business, for which Chairman Koo Kwang-mo made active investment after picking it as one of the group’s future cash cows, is finally showing signs of improvement in its financial performance. Robostar Co., a robot manufacturing subsidiary of LG Electronics Inc., posted a consolidated revenue of 39.68 [...]

Listed Firms’ Q3 Net Dips 37 pct amid Aggressive Rate Hikes, Economic Slowdown

Listed Firms’ Q3 Net Dips 37 pct amid Aggressive Rate Hikes, Economic Slowdown

SEOUL, Nov. 17 (Korea Bizwire) — Net profit of South Korean listed firms declined 37.04 percent in the third quarter this year from a quarter ago amid monetary policy tightening and a slowdown in the economy, the bourse operator said Wednesday. Consolidated net profit of 601 companies on the main KOSPI market totaled 27.67 trillion [...]

Sportradar Reports Strong Growth and Increased Profitability and Cash Flow

Sportradar Reports Strong Growth and Increased Profitability and Cash Flow

ST. GALLEN, Switzerland, Nov. 16 (Korea Bizwire) —  Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), the leading global technology company enabling next generation engagement in sports and provider of business-to-business solutions to the global sports betting industry, today announced financial results for its third quarter ended September 30, 2022. Third Quarter 2022 Highlights Revenue [...]

AKWEL: TURNOVER INCREASES 5.7% IN THE FIRST NINE MONTHS OF 2022

AKWEL: TURNOVER INCREASES 5.7% IN THE FIRST NINE MONTHS OF 2022

AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid and mechanism management and structural parts for electric vehicles, posted consolidated revenue of €739.2m at 30 September 2022, up by +5.7% compared to 2021. Consolidated turnover (1 January to 30 September 2022) In € millions – unaudited 2022 2021 Variation Like-for-like variation (1) 1st quarter [...]

SK Telecom Q3 Net Profit Down 66.7 pct After Spinoff of Chip Biz

SK Telecom Q3 Net Profit Down 66.7 pct After Spinoff of Chip Biz

SEOUL, Nov. 10 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday its third-quarter net profit dropped 66.7 percent from a year earlier due mainly to last year’s spinoff of its semiconductor businesses. The company logged a net profit of 245.6 billion won (US$180.4 million) on a consolidated basis in the [...]

Iveco Group 2022 Third Quarter Results

Iveco Group 2022 Third Quarter Results

The following is an extract from the “Iveco Group 2022 Third Quarter Results” press release. The complete press release can be accessed by visiting the media section of the Iveco Group corporate website: https://www.ivecogroup.com/media/corporate_press_releases or consulting the accompanying PDF: Iveco Group consolidated revenues of €3.5 billion (up 19% year on year). Adjusted EBIT of €101 million and adjusted [...]

Nyxoah Reports Third Quarter 2022 Financial and Operating Results

Nyxoah Reports Third Quarter 2022 Financial and Operating Results

Mont-Saint-Guibert, Belgium, Nov. 8 (Korea Bizwire) – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today reported financial and operating results for the quarter ended September 30, 2022. Third Quarter 2022 Financial and Operating Highlights Completed 110 of 115 implants in the DREAM U.S. [...]