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AGF Management Limited Reports Second Quarter 2022 Financial Results

AGF Management Limited Reports Second Quarter 2022 Financial Results

TORONTO, June 22, 2022 (Korea Bizwire) – AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the second quarter ended May 31, 2022. AGF reported total assets under management and fee-earning assets1 of $40.3 billion compared to $42.0 billion as at February 28, 2022 and $40.8 billion as at May 31, 2021. “This quarter marked AGF’s [...]

Foreign Banks in S. Korea See Profits Down 4.5 pct in 2021

Foreign Banks in S. Korea See Profits Down 4.5 pct in 2021

SEOUL, May 23 (Korea Bizwire) — Foreign bank branches in South Korea saw their combined net profit down 4.5 percent in 2021 due to a rise in securities-linked losses amid market downswings, data showed Monday. The combined net income of 35 foreign lenders’ local branches stood at 1.15 trillion won (US$904.4 million) in the fiscal [...]

Agthia Group Achieves Record Quarterly Revenues of AED 1.05 Billion in Q1 2022

Agthia Group Achieves Record Quarterly Revenues of AED 1.05 Billion in Q1 2022

ABU DHABI, Arab Emirates, May 16 (Korea Bizwire) — Agthia Group PJSC, one of the region’s leading food and beverage companies, announced today that its quarterly net revenues surpassed AED 1 billion in Q1 2022 for the first time since its inception, registering a 58% year-on-year growth. Group net profit attributable to shareholders was AED [...]