PHOENIX, Feb. 24 (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 fourth quarter and full year 2021 results and provided an update on operations and the current market environment, including the [...]
SEOUL, Feb. 22 (Korea Bizwire) — Hybe has become the first K-pop management agency to surpass 1 trillion won (US$838 million) in annual sales, boosted by successes of its artists led by global superstars BTS. The company said in a regulatory filing Tuesday its sales for 2021 were tentatively tallied at 1.25 trillion won, up [...]
SEOUL, Feb. 21 (Korea Bizwire) – South Korea’s major multiplex operators stayed in the red in the fourth quarter of last year amid the protracted COVID-19 pandemic but are expected to turn a corner in the coming quarters, financial data showed Monday. CJ CGV, the No. 1 multiplex operator under the wing of entertainment giant [...]
SEOUL, Feb. 16 (Korea Bizwire) — Celltrion Inc., a major South Korean biopharmaceutical firm, said Wednesday that its net profit jumped 20.1 percent on-year last year on the back of robust sales of its biosimilar products in overseas markets. Net profit came to 623.7 billion won (US$521.1 million) last year on a consolidated basis, compared [...]
SEOUL, Feb. 15 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Tuesday its net losses deepened in 2021 from a year earlier due to increased foreign exchange losses and the continued impact from the pandemic. Net losses widened to 618.15 billion won (US$516 million) last year from 502.97 billion won a year [...]
AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, posted consolidated turnover of €922.4m in 2021, up +2.8% comparing like-for-like figures. Consolidated turnover In € millions – unaudited 2021 2020 Variation Like-for-like variation (1) 1st half-year 487.5 387.1 +25.9% +33.7% 3rd quarter 211.4 262.0 -19.3% -17.3% 4th quarter 223.5 288.1 -22.4% [...]
SEOUL, Feb. 11 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, said Friday that its net profit for 2021 surged nearly tenfold on-year on the back of robust growth of its e-commerce services based on its messenger platform amid the pandemic. Net profit reached 1.64 trillion won (US$1.4 billion) [...]
2021 reported revenues for the year of $6.1 billion, including business jet revenues of $6.0 billion, up 7% year-over-year, driven by higher deliveries, a favorable aircraft mix and strong aftermarket performance at $1.2 billion, up 25% year-over-year. 2021 adjusted EBITDA(1) rose 220% from the same period last year to $640 million, fueled by a better [...]
SEOUL, Feb. 9 (Korea Bizwire) — KakaoBank Corp., a major South Korean internet-only bank, said Wednesday its 2021 earnings jumped about 80 percent from a year earlier thanks to strong interest income from loans and improved profitability. Net income amounted to 204.12 billion won (US$170.6 million) last year, up 79.6 percent from a net profit [...]
SEOUL, Feb. 9 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Wednesday its fourth-quarter net profit grew by more than tenfold from a year earlier on solid growth in 5G users and new businesses, including artificial intelligence. Net income reached 424.4 billion won (US$355 million) in the October-December period on a [...]