SEOUL, Nov. 3 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Thursday its third-quarter net profit more than tripled on recovering travel demand following eased antivirus curbs. Net income for the three months that ended in September amounted to 431.4 billion won (US$302.6 million), up from 134 billion won tallied [...]
Third quarter 2022 net sales of $2,023 million, 15% higher on a reported basis and 19% higher excluding foreign exchange impacts compared to the same period in 2021 Third quarter 2022 reported and adjusted EPS* were $1.59 and $1.73, respectively, compared to third quarter 2021 reported and adjusted EPS of $1.75 and 1.67, respectively The Company [...]
SEOUL, Nov. 3 (Korea Bizwire) — Hybe, the entertainment company behind K-pop superstars BTS, on Thursday reported a revenue of 445.5 billion won (US$314 million) for the third quarter of the year, up 30.6 percent from a year ago. It marks the highest-ever third-quarter sales in the company’s history. The record gains were a result [...]
SEOUL, Nov. 3 (Korea Bizwire) – SK Innovation Co. said Thursday its third-quarter net profit sank 65.5 percent from a year earlier on narrowing refinery margins amid a fall in global oil prices. Net income reached 175.2 billion won (US$122.7 million), compared with 507.1 billion won the previous year, the refinery and energy unit of [...]
SEOUL, Nov. 3 (Korea Bizwire) — Kakao Corp. on Thursday reported a third-quarter net income of 137.2 billion won (US$96.8 million), down 84.2 percent from a year earlier due to a base effect. The company said in a regulatory filing that it posted 150.3 billion won in operating profit for the quarter, compared with 168.2 [...]
SUNNYVALE, Calif., Nov. 2 (Korea Bizwire) — Fortinet® (Nasdaq: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced financial results for the third quarter ended September 30, 2022. “We continued to gain market share in the large addressable and fast-growing cybersecurity industry. Revenue and billings growth of over 30% in the third [...]
PHOENIX, Nov. 2 (Korea Bizwire) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible workspace and portable storage solutions, today announced third quarter 2022 results and provided an update on operations and the current market environment, including the following highlights: Execution across [...]
SEOUL, Nov. 2 (Korea Bizwire) – South Korean online lender Kakao Bank said Wednesday its third-quarter net profit hit a record high this year on growth in interest revenue. Consolidated net profit stood at 78.7 billion won (US$55.4 million) in the July-September period, up 51.39 percent from a profit of 52 billion won a year [...]
SAN JOSE, Calif., Nov. 1 (Korea Bizwire) — Zoom Video Communications, Inc. (NASDAQ: ZM), today announced it will release its financial results for the third quarter of fiscal year 2023 on Monday, November 21, 2022, after the market closes. A live Zoom Video Webinar of the event can be accessed at 2:00 pm PT / 5:00 [...]
SEOUL, Oct. 31 (Korea Bizwire) — LG Chem Ltd. said Monday its third-quarter operating profit grew 23.9 percent from a year earlier on the back of strong battery materials demand that helped offset lackluster performance in the petrochemicals segment. Operating income came to 901.2 billion won (US$638.1 million) in the July-September period, compared with 727.2 [...]