SEOUL, Oct. 26 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, reported strong third-quarter earnings Tuesday on the back of solid memory chip demand for severs and smartphones, and rising prices. Net profit for the three months that ended Sept. 30 leaped by 205.7 percent from a year earlier to 3.31 trillion [...]
SEOUL, Oct. 25 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical company, said Monday its third-quarter net profit rose 19.2 percent from a year earlier, backed by solid petrochemical sales despite the one-off factor from its electric battery (EV) recall costs. The net income came to 679.9 billion won (US$581.9 million) in the [...]
SEOUL, Oct. 25 (Korea Bizwire) — POSCO, the world’s fifth-largest steelmaker by output, said Monday its third-quarter net profit rose more than fourfold from a year earlier on robust demand amid the global economic recovery from the COVID-19 pandemic. Net profit reached 2.63 trillion won (US$2.24 billion) on a consolidated basis in the July-September period, [...]
SEOUL, Oct. 23 (Korea Bizwire) — POSCO International Corp. said Friday its third-quarter earnings swelled more than 25 percent from a year ago on strong sales stemming from rising material costs. Its consolidated net income came to 69 billion won (US$58.5 million) in the July-September period, up 25.4 percent from a year earlier, the trading [...]
SEOUL, Oct. 22 (Korea Bizwire) — South Korea’s virtual asset service providers had a banner year in 2020, data showed Thursday. The income of businesses in the category of database and online information provision, which includes virtual asset service providers such as exchanges, totaled 13.9 trillion won (US$11.7 billion) last year, according to data that [...]
MONTRÉAL, Oct. 21 (Korea Bizwire) — Bombardier (TSX: BBD.B) will publish its financial results for the third quarter ended September 30, 2021, on October 28, 2021. On October 28, 2021, at 8:00 a.m., EST, Bombardier will hold a webcast/conference call intended for investors and financial analysts to review the company’s financial results for the third quarter [...]
PHOENIX, Oct. 21 (Korea Bizwire) — WillScot Mobile Mini Holdings Corporation (Nasdaq: WSC) today announced that it will release its third quarter 2021 financial results on Thursday, November 4, 2021, after the markets close. Chief Executive Officer, Brad Soultz and President & Chief Financial Officer, Tim Boswell will host a conference call and webcast on [...]
SEOUL, Oct. 21 (Korea Bizwire) — Hyundai Doosan Infracore Co. said Thursday its net profit was down 44.1 percent in the third quarter from a year earlier due to sluggish sales in the Chinese market. The construction equipment maker posted 45.9 billion won (US$39 million) in net income in the July-September period, compared with 82.1 [...]
SEOUL, Oct. 21 (Korea Bizwire) – Naver Corp. said Thursday its net profit jumped 37.1 percent in the third quarter from a year earlier largely due to a stellar performance of its content businesses amid the new coronavirus pandemic. Net profit reached 322.7 billion won (US$274.8 million) in the July-September period, compared with a profit [...]
Amsterdam, the Netherlands, Oct. 18 (Korea Bizwire) – Third-quarter highlights Group sales totaled EUR 4.2 billion, reflecting a 7.6% comparable sales decline due to headwinds caused by global supply chain challenges and Sleep & Respiratory Care recall consequences Comparable order intake increased 47%; order intake increased 17% excluding the impact of a partial ventilator order [...]