SEOUL, Feb. 9 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Wednesday its fourth-quarter net profit fell 14 percent from a year earlier due mainly to its non-telecom spinoff. Net profit fell to 314.8 billion won (US$263.4 million) in the October-December period from a profit of 365.9 billion won the previous [...]
The following is an extract from the “Iveco Group 2021 Full Year Combined 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 €12.6 billion (up 22% year on year). Net income of €76 million [...]
The following is an extract from the “CNH Industrial 2021 Fourth Quarter and Full Year Results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: www.cnhindustrial.com/en-us/media/press_releases or consulting the accompanying PDF: CNH Industrial reports strong full year performance in 2021, the last year of operations prior [...]
SEOUL, Feb. 8 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical maker, said Tuesday it aims to more than double its revenue to 60 trillion won (US$50.1 billion) by 2030 as it accelerates its push for a green transition with a focus on sustainable materials and battery components. Unveiling its mid- to long-term [...]
SEOUL, Feb. 8 (Korea Bizwire) — LG Energy Solution Ltd. said Tuesday it swung to the black in the fourth quarter from a year earlier on the back of strong electric vehicle (EV) battery sales. Net income came to 71.8 billion won (US$59.9 million) in the October-December period, compared with the 436.4 billion-won loss the [...]
MILAN, Italy, Feb. 4 (Korea Bizwire) — Intesa Sanpaolo, on the day it unveiled its new 2022-2025 business plan, in line with its DNA as a bank with very generous dividend policies, also released its financial results 2021. These show a net income of €4,185 million, compared to €3,277 million in 2020: an increase of [...]
Fourth Quarter 2021 Highlights Total revenue of $963.6 million, up 29% year over year Product revenue of $378.9 million, up 31% year over year Service revenue of $584.7 million, up 27% year over year Billings of $1.31 billion, up 36% year over year1 Bookings of $1.43 billion, up 49% year over year2 GAAP operating margin [...]
Fourth quarter 2021 reported and adjusted EPS* were $0.99 and $1.09, respectively, compared to fourth quarter 2020 reported and adjusted EPS of $1.70 and $1.75, respectively. Full-year 2021 reported and adjusted EPS were $1.73 and $6.67, respectively, compared with $5.15 and $6.23 in the year-ago period, respectively. Reported results for full-year 2021 include a $340 [...]
London, Feb. 3 (Korea Bizwire) – “2021 was a momentous year for Shell. We launched our Powering Progress strategy and simplified our share structure and organisation. Progress made in 2021 will enable us to be bolder and move faster. We have a compelling strategy, with customers at its core. We have ambitious plans to generate shareholder [...]
SEOUL, Feb. 3 (Korea Bizwire) — K-Bank, a South Korean internet-only bank, on Thursday reported its first profit since its launch in 2017 thanks to a sharp increase in customers and interest income. Net profit came to 22.4 billion won (US$18.6 million) in 2021, a turnaround from a loss of 105.4 billion won a year [...]