SAN DIEGO, April 28 (Korea Bizwire) — ResMed Inc. (NYSE: RMD, ASX: RMD) today announced results for its quarter ended March 31, 2022. Note: A webcast of ResMed’s conference call will be available at 4:30 p.m. ET today at http://investor.resmed.com Third Quarter 2022 Highlights All comparisons are to the prior year period Revenue increased by 12% to [...]
SEOUL, April 28 (Korea Bizwire) — Samsung SDI Co. said Thursday its first-quarter net profit more than doubled from a year earlier on the back of strong sales in mid-to-large battery and premium electric vehicle battery products. Net income came to 362.7 billion won (US$286.6 million) in the January-March period, compared with a net profit [...]
SEOUL, April 28 (Korea Bizwire) — LG Electronics Inc. on Thursday said its first-quarter operating profit rose more than 6 percent from a year ago, fueled by sales of premium home appliances and one-off gains from patents licensing. Its operating income came in at a quarterly record of 1.88 trillion won (US$1.56 billion), marking a [...]
SEOUL, April 28 (Korea Bizwire) — Samsung Electronics Co. on Thursday reported its best first-quarter earnings in four years on the back of solid chip and mobile demand. The world’s largest memory chip and mobile phone maker said its operating profit rose more than 50 percent to 14.1 trillion won (US$11.1 billion) year-over-year in a [...]
PHOENIX, April 27 (Korea Bizwire) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini Holdings” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible work space and portable storage solutions, today announced first quarter 2022 results and provided an update on operations and the current market environment, including the following highlights: Growth [...]
SEOUL, April 27 (Korea Bizwire) — LG Display Co., a major display panel maker, said Wednesday its first-quarter net income fell nearly 80 percent from a year ago, driven by lower demand for IT products and falling TV panel prices. Its net for the three months ending in March came to 54.3 billion won (US$43 [...]
SEOUL, April 27 (Korea Bizwire) — SK hynix Inc. reported strong first-quarter earnings Wednesday on the back of robust chip demand for servers despite being in the traditionally low season. Net income rose 99.8 percent on-year to reach 1.98 trillion won (US$1.6 billion), the chipmaker said in a regulatory filing. The figure is lower than [...]
SEOUL, April 27 (Korea Bizwire) — LG Chem Ltd. said Wednesday its first-quarter net profit shrank 43.9 percent from a year earlier, as a recent rise in global crude oil prices deteriorated the profitability in its main petrochemical business. Net income came to 769.2 billion won (US$608 million) in the January-March period, compared with 1.3 [...]
SEOUL, April 27 (Korea Bizwire) — LG Energy Solution Ltd. said Wednesday its first-quarter net income nearly halved from a year earlier amid the prolonged global chip supply disruptions. Net income came to 226.6 billion won (US$179.5 million) in the January-March period, compared with a net profit of 433.6 billion won the previous year, South [...]
The following is an extract from the “Iveco Group 2022 First 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 €3.0 billion (up 2% year on year). Adjusted net income of €42 million [...]