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Akwel: Current Operating Profit Up 19% to €92.2m

Akwel: Current Operating Profit Up 19% to €92.2m

CHAMPFROMIER, FRANCE, April 8 (Korea Bizwire) – CURRENT OPERATING PROFIT UP 19% TO €92.2m PREPARATION AND REACTION TO THE COVID-19 CRISIS Akwel (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, posted its 2019 annual results. Consolidated data – in € millions 2019 2018 Var. in % Turnover 1,101.2 [...]

LG Electronics Delivers Q1 Earnings Surprise, Virus Fallout Looms

LG Electronics Delivers Q1 Earnings Surprise, Virus Fallout Looms

SEOUL, April 7 (Korea Bizwire) — LG Electronics Inc. on Tuesday delivered an earnings surprise in the first quarter of the year, apparently aided by solid performance from its home appliance business, but analysts warned that the company could face a severe impact from the novel coronavirus during the current quarter. South Korea’s No. 2 [...]

Samsung Delivers Estimate-beating Q1 Performance, Virus Fallout in Store

Samsung Delivers Estimate-beating Q1 Performance, Virus Fallout in Store

SEOUL, April 7 (Korea Bizwire) — Samsung Electronics Co. on Tuesday delivered better-than-expected first-quarter earnings as robust demand for chips apparently offset a slump in smartphone and home appliance sales amid the novel coronavirus pandemic, but analysts warned that the company may feel the pinch of the COVID-19 outbreak during the current quarter. The South [...]

Constellation Brands Reports Fiscal Year and Fourth Quarter 2020 Results and Fiscal Year 2021 Outlook

Constellation Brands Reports Fiscal Year and Fourth Quarter 2020 Results and Fiscal Year 2021 Outlook

VICTOR, N.Y., April 3 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its fiscal year and fourth quarter 2020 results and fiscal year 2021 outlook. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer Bill Newlands and [...]

Junshi Biosciences Announces Full-Year 2019 Financial Results and Business Updates

Junshi Biosciences Announces Full-Year 2019 Financial Results and Business Updates

SHANGHAI, March 30 (Korea Bizwire) — Junshi Biosciences (HKEX: 1877), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapies, announced its audited consolidated annual results of the Company and its subsidiaries for the full-year ended December 31, 2019. Financial Highlights (IFRS): Total revenue was RMB775 million, mainly due to [...]

Constellation Brands Revises Timing of Conference Call by One Hour to Report Full Fiscal Year and Fourth Quarter 2020 Financial Results; April 3, 2020

Constellation Brands Revises Timing of Conference Call by One Hour to Report Full Fiscal Year and Fourth Quarter 2020 Financial Results; April 3, 2020

VICTOR, N.Y., March 26 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its full fiscal year and fourth quarter ended February 29, 2020, on Friday, April 3, 2020, before the open of the U.S. markets. A conference call to discuss the financial [...]

Q1 Earnings Outlook Cut for Most Listed Firms on Virus

Q1 Earnings Outlook Cut for Most Listed Firms on Virus

SEOUL, March 26 (Korea Bizwire) — South Korean brokerage houses have trimmed their first-quarter earnings outlook for more than 80 percent of major listed firms on the coronavirus outbreak, a market tracker said Thursday. According to FnGuide, operating income forecasts for the January-March period have been downgraded for 84.4 percent of the 65 listed companies [...]

AGF Management Limited Reports First Quarter 2020 Financial Report

AGF Management Limited Reports First Quarter 2020 Financial Report

TORONTO, March 25 (Korea Bizwire) – AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the first quarter ended February 29, 2020. AGF reported total assets under management (AUM) of $37.4 billion compared to $38.8 billion in the same period in 2019. Average daily mutual fund AUM increased to $19.5 billion [...]