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 [...]
SEOUL, Nov. 10 (Korea Bizwire) — E-commerce giant Coupang Inc. said Thursday it swung to the black in the third quarter for the first time since 2014, when it introduced its ultrafast delivery service, Rocket Delivery. Net income came to US$90.7 million in the July-September period, compared with a net loss of $324 million during [...]
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 [...]
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. [...]
Consolidated revenues of $5,881 million (up 23.9% compared to Q3 2021 for continuing operations, up 29% at constant currency) Net income of $559 million, Adjusted Net Income of $557 million, with diluted EPS and adjusted diluted EPS of $0.41 Adjusted EBIT of Industrial Activities of $670 million (up $250 million compared to Q3 2021) Net [...]
SEOUL, Nov. 8 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Tuesday its third-quarter net profit fell 3.4 percent from a year earlier due to an increase in operating expenses. KT’s net income amounted to 326.2 billion won (US$235.5 million) on a consolidated basis in the July-September period, compared with 337.7 [...]
SEOUL, Nov. 7 (Korea Bizwire) — South Korean online lender K-Bank said Monday its net profit hit a record high in the third quarter on higher operational efficiency and stayed in the black for five straight quarters. Net profit stood at 25.6 billion won (US$18.2 million) in the July-September period, up 52.4 percent from a [...]
SEOUL, Nov. 7 (Korea Bizwire) — South Korean internet portal giant Naver Corp. said Monday its third quarter sales topped 2 trillion won (US$708.7 billion) for the first time in two years on robust growth in its content business. The company said in a regulatory filing that its sales reached 2.05 trillion won for the [...]
Amsterdam, Nov. 4 (Korea Bizwire) – Today, Azerion has announced that it plans to combine its Q3 2022 interim results with a Strategy Deep Dive presentation on 30 November 2022. The Strategy Deep Dive will cover Azerion’s vision, business model, growth strategy, products and technology. Atilla Aytekin, co-CEO of Azerion, comments: “We are delighted to invite investors, [...]
SEOUL, Nov. 4 (Korea Bizwire) — LG Uplus Corp. on Friday reported its third-quarter net profit of 170.8 billion won (US$119.6 million), down 19.1 percent from a year earlier, due to increased interest costs. Operating income for the July-September period was 285.1 billion won, up 3 percent from a year ago, the company said in [...]