SEOUL, Oct. 13 (Korea Bizwire) — POSCO, the world’s fifth-largest steelmaker by output, said Wednesday its third-quarter operating income more than quadrupled to a record high on robust demand amid the global economic recovery from the COVID-19 pandemic. Operating income for the three months that ended in September reached 3.11 trillion won (US$2.6 billion) on [...]
VICTOR, N.Y., Oct. 6 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its second quarter fiscal 2022 results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer Bill Newlands and Chief Financial Officer Garth Hankinson on Wednesday, [...]
SEOUL, Oct. 6 (Korea Bizwire) — South Korean financial companies’ overseas units saw their earnings jump more than 27 percent in the first half of the year despite the coronavirus pandemic, a corporate tracker said Wednesday. According to CEO Score, 222 overseas subsidiaries of major banks and other financial institutions posted a combined net income [...]
SEOUL, Oct. 5 (Korea Bizwire) — Earnings by South Korea’s top four conglomerates accounted for more than 80 percent of the 30 leading business groups’ total net profit in 2020 in a show of their dominance in Asia’s fourth-largest economy, government data showed Tuesday. Samsung, Hyundai Motor, SK and LG groups posted a combined net [...]
TORONTO, Sept. 29 (Korea Bizwire) – Reported diluted earnings per share of $0.21 Mutual fund gross sales of $790 million for the third quarter of 2021, an improvement of 61% year-over-year Mutual fund net sales of $288 million for the quarter Total assets under management and fee-earning assets1 of $43.4 billion AGF Management Limited (AGF or [...]
SEOUL, Sept. 27 (Korea Bizwire) — Dividend payouts by South Korean listed companies jumped nearly 24 percent in the first half of the year amid their strong earnings, a corporate tracker said Monday. The combined amount of dividends paid out by 140 firms, including top-cap Samsung Electronics Co., came to 9.3 trillion won (US$7.9 billion) [...]
CHAMPFROMIER, France, Sept. 23 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, published its 2021 half-yearly results. Consolidated data – in € millions 30.06.2021 30.06.2020 Var. in % Revenue 487.6 387.0 +26.0% EBITDA 64.7 60.0 +7.9% Current operating income 50.0 24.3 +105.8% Current [...]
WALTHAM, Mass., Sept. 20 (Korea Bizwire) — Adagio Therapeutics, Inc., (Nasdaq: ADGI) a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential, today reported updates on its lead COVID-19 antibody program, ADG20, as well as recent business highlights and second quarter 2021 financial results. “Across [...]
VICTOR, N.Y., Sept. 2 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its fiscal second quarter ended August 31, 2021, on Wednesday, October 6, 2021, before the open of the U.S. markets. A conference call to discuss the financial results and outlook [...]
Mont-Saint-Guibert, Belgium, Aug. 31 (Korea Bizwire) – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)(“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced its unaudited condensed consolidated interim financial statements for the first half of 2021. Highlights $97.8 million Nasdaq IPO gross [...]