ABU DHABI, Arab Emirates, Aug. 11 (Korea Bizwire) — Agthia Group PJSC, one of the region’s leading food and beverage companies, announced that its H1 2022 net revenues grew to AED 2 billion. The period ending 30 June 2022 saw a 51% year-on-year growth in net revenues compared with the same period in 2021. Group [...]
SEOUL, Aug. 11 (Korea Bizwire) — South Korea’s major cinema chains showed clear signs of recovery in the second quarter as a growing number of moviegoers are returning to theaters, industry data showed Thursday. CJ CGV, the No. 1 multiplex operator under the wing of entertainment giant CJ Group, said its aggregated operating loss came [...]
SEOUL, Aug. 11 (Korea Bizwire) — E-commerce giant Coupang Inc. said Thursday its second-quarter operating loss narrowed sharply from a year earlier on resilient sales. Operating loss stood at US$67.14 million in the April-June period, down 87 percent from a year earlier, the New York-listed e-commerce behemoth said in a regulatory filing. It represents the [...]
SEOUL, Aug. 10 (Korea Bizwire) — SPC Samlip Co. reported Wednesday that its second-quarter net profit jumped 57.5 percent thanks in part to a spike in sales of its “Pokemon bread.” The food and bakery company logged a net profit of 15.9 billion won (US$12.2 million) on a consolidated basis in the April-June quarter, compared [...]
SEOUL, Aug. 10 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Wednesday its second-quarter net edged down on-year amid an increase in operating expenses. KT’s net income amounted to 363.4 billion won (US$277.8 million) on a consolidated basis in the April-June period, down 2 percent from a year earlier, the company [...]
Second quarter 2022 reported and adjusted EPS* were both $2.12, compared to second quarter 2021 reported and adjusted EPS of $2.62 and $2.05, respectively Year-to-date 2022 reported and adjusted EPS were $4.04 and $4.06, respectively, compared to $(1.01) and $3.90 in the year-ago period, respectively The Company expects full year 2022 adjusted earnings per share [...]
SEOUL, Aug. 9 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Tuesday that its second-quarter net profit dropped 67.6 percent from a year earlier due mainly to last year’s spinoff of its semiconductor businesses. The company logged a net profit of 258.1 billion won (US$197.7 million) on a consolidated basis in [...]
Mont-Saint-Guibert, Belgium, Aug. 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 second quarter and first half of 2022. Second Quarter 2022 Financial and Operating Highlights [...]
SEOUL, Aug. 4 (Korea Bizwire) — Korean Air Lines Co. said Thursday its second-quarter net profit more than tripled from a year earlier on robust cargo deals and recovering travel demand. Net profit for the three months ended in June jumped to 450.41 billion won (US$344 million) from 129.96 billion won during the same period [...]
Second Quarter 2022 Highlights Product revenue of $400.7 million, up 34% year over year Total revenue of $1.03 billion, up 29% year over year Bookings of $1.38 billion, up 42% year over year1 Billings of $1.30 billion, up 36% year over year2 Deferred revenue of $3.93 billion, up 35% year over year GAAP operating margin [...]