London, Oct. 21 (Korea Bizwire) - CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that its financial results for the Third Quarter of 2020 will be released on Thursday, November 5, 2020. A live audio webcast of the 2020 Third Quarter results conference call will begin at 3:30 p.m. CET/ 2:30 p.m. GMT / 9:30 [...]
SEOUL, Oct. 21 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical firm, said Wednesday its third-quarter net profit more than quadrupled from a year earlier, helped by robust sales of petrochemical and battery products. For the three months ending in September, its net profit soared to 570.39 billion won (US$503 million) from 137.19 [...]
Amsterdam, the Netherlands, Oct. 19 (Korea Bizwire) - Philips delivers Q3 sales of EUR 5.0 billion, with 10% comparable sales growth; income from continuing operations increases to EUR 341 million, Adjusted EBITA margin improves 300 basis points to 15.4%, and operating cash flow increases to EUR 770 million Philips provides new financial targets for the 2021–2025 [...]
SEOUL, Oct. 18 (Korea Bizwire) — South Korean shippers, led by industry leader HMM Co., are forecast to post strong earnings in the third quarter of the year on the back of increased fare and a drop in fuel costs, industry sources said Sunday. “A gradual recovery in global maritime cargo volume pushed up global [...]
SEOUL, Oct. 12 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical firm, said Monday its operating profit hit a quarterly record high in the third quarter amid robust sales at the petrochemical and electric vehicle (EV) battery units. In its earnings guidance, the South Korean electric vehicle battery maker estimated its operating profit [...]
EDMONTON, Alberta, Oct. 8 (Korea Bizwire) – Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI), a manufacturer of high quality cannabinoid-based formulations and products, today announced its results for the first quarter ended June 30, 2020 and provided an update on recent corporate developments. “The first fiscal quarter presented numerous challenges for Radient and the [...]
SEOUL, Oct. 8 (Korea Bizwire) — Samsung Electronics Co. on Thursday expected its third-quarter profit to be the largest in two years, as its chip business got a boost from U.S. sanctions on Huawei Technologies Co. and its mobile sales bounced back on pent-up demand amid the pandemic. In its earnings guidance, the South Korean [...]
SEOUL, Oct. 8 (Korea Bizwire) — LG Electronics Inc. on Thursday expected its best-ever third-quarter earnings, as its home appliance and TV sales apparently got a boost from pent-up demand amid the pandemic-driven stay-at-home trend. In its earnings guidance, the South Korean tech firm projected its operating profit at 959 billion won (US$831 million) for [...]
SEOUL, Oct. 8 (Korea Bizwire) — Doctors with private practices make an average of 20.3 million won (US$17,535) a month, nearly double what they earned a decade ago, a lawmaker said Thursday. Rep. Jang Chul-min of the ruling Democratic Party said he deduced the average monthly earnings of private practice doctors from their health insurance [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korean oil refiners’ third-quarter earnings are unlikely to recover markedly following their worst performances in the first half due to the fallout from the coronavirus pandemic, industry sources said Monday. The grim outlook comes as leader SK Innovation Co. and three other players have been whipsawed by weak [...]