earnings outlook Archives | Be Korea-savvy
EV Battery Makers Set to Report Robust Q4 Results on Strong Demand

EV Battery Makers Set to Report Robust Q4 Results on Strong Demand

SEOUL, Jan. 3 (Korea Bizwire) — South Korea’s three electric vehicle (EV) battery makers are expected to report robust or improved fourth-quarter earnings results on growing demand for electrified vehicles, analysts said Sunday. LG Energy Solutions Ltd., SK Innovation Co. and Samsung SDI Co. likely performed well in the October-December period as carmakers are adding [...]

Samsung Electronics Q4 Earnings Estimate Cut on Weak Dollar, Virus Resurgence

Samsung Electronics Q4 Earnings Estimate Cut on Weak Dollar, Virus Resurgence

SEOUL, Jan. 3 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chip maker, is expected to report a smaller-than-earlier operating income estimate due to the weakness of the U.S. dollar, industry sources said Sunday. According to the sources, Samsung, also the world’s largest smartphone vendor, is likely to report an operating income of [...]

Naver, Kakao Expected to Show Brisk Performance Next Year amid Pandemic

Naver, Kakao Expected to Show Brisk Performance Next Year amid Pandemic

SEOUL, Nov. 7 (Korea Bizwire) — Naver Corp. and Kakao Corp., the two major South Korean tech companies, are expected to continue their upward trajectory in earnings projections amid the coronavirus pandemic, market watchers said Saturday. Quarterly sales of Naver — South Korea’s top internet portal operator — and Kakao — the operator of the [...]

Retail Giants’ Sales Dip Over 2 tln Won This Year amid Pandemic: Poll

Retail Giants’ Sales Dip Over 2 tln Won This Year amid Pandemic: Poll

SEOUL, Oct. 19 (Korea Bizwire) — Combined sales by South Korea’s retail giants are estimated to have declined more than 2 trillion won (US$1.75 billion) on-year in the first nine months of this year on the fallout of the COVID-19 pandemic, a poll showed Monday. Industry leader Lotte Shopping and its rivals Shinsegae and Hyundai [...]