AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, has reported consolidated turnover of €245.8m in the first quarter of 2022, down by -10.1% compared to the first quarter of 2021. Consolidated turnover for the 1st quarter of 2022 (from 1 January to 31 March) In € millions – [...]
First quarter 2022 reported and adjusted EPS* were $1.92 and $1.95, respectively, compared to first quarter 2021 reported and adjusted EPS of $(3.66) and $1.85, respectively The Company maintains its expectation for full year adjusted EPS of $6.85 to $7.45, which reflects the impact of higher than expected effective tax rates WESTCHESTER, Ill., May 5 (Korea [...]
London, May 5 (Korea Bizwire) – “The war in Ukraine is first and foremost a human tragedy, but it has also caused significant disruption to global energy markets and has shown that secure, reliable and affordable energy simply cannot be taken for granted. The impacts of this uncertainty and the higher cost that comes with it [...]
First Quarter 2022 Highlights Product revenue of $371.0 million, up 54% year over year Total revenue of $954.8 million, up 34% year over year Bookings of $1.28 billion, up 50% year over year1 Billings of $1.16 billion, up 36% year over year2 Deferred revenue of $3.66 billion, up 33% year over year GAAP operating margin [...]
SEOUL, May 4 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Wednesday it shifted to a net profit in the first quarter from a year earlier on increased cargo deals. Korean Air swung to a net profit of 543.85 billion won (US$429 million) for the three months ended in March [...]
SEOUL, May 4 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, said Wednesday its first-quarter net profit jumped by more than fivefold from a year earlier, due to one-off gains from the disposal of its stocks in a local crypto exchange operator. Net income reached 1.32 trillion won (US$1 [...]
2022 FIRST QUARTER RESULTS CNH Industrial reports solid first quarter performance: Consolidated revenues of $4.6 billion, (up 13.4% compared to Q1 2021 for continuing operations) Net income of $336 million, Adjusted Net Income of $378 million, with adjusted diluted EPS of $0.28, and Adjusted EBIT of Industrial Activities of $429 million (up $36 million compared [...]
SEOUL, May 3 (Korea Bizwire) — KakaoBank Corp., a South Korean internet-only bank, Tuesday reported a 43.2 percent jump in its first-quarter earnings as its customer base continued to expand amid the coronavirus pandemic. Net income came to 66.80 billion won (US$52.8 million) in the January-March period, compared with 46.66 billon won tallied a year [...]
SEOUL, May 3 (Korea Bizwire) — Kakao Games Corp., the gaming unit of South Korean tech giant Kakao Corp., reported Tuesday its first-quarter net profit rose 54.2 percent on-year to 28.3 billion won (US$22.3 million) thanks to the popularity of its mobile title “Odin Valhalla Rising” and improved cost management. Operating profit spiked 169.7 percent [...]
SEOUL, April 29 (Korea Bizwire) — SK Innovation Co. said Friday it swung to the black in the first quarter from a year earlier, boosted by robust sales of petrochemical products amid higher oil prices. Net income reached 863.3 billion won (US$680.3 million) in the January-March period, a turnaround from a loss of 371.4 billion [...]