PHOENIX, Aug. 5 (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 second quarter 2021 results and provided an update on operations, the current market environment, and merger integration activities. The Company [...]
SEOUL, Aug. 5 (Korea Bizwire) — Hybe Co., the company behind global K-pop star BTS, said Thursday its second-quarter net profit grew 10 percent on the back of robust performances from its artists. Net profit for the second quarter stood at 20.84 billion won (US$18.2 million), compared with 18.96 billion won the previous year, according [...]
Raised FY2021 guidance: (i) aircraft deliveries expected to reach ~120 units, revenues to exceed $5.8B; (ii) profitability increased to greater than $175M adjusted EBIT(1) and adjusted EBITDA(1) expected to be greater than $575M vs previously announced $100M and $500M, respectively; (iii) Free cash flow usage(1) now expected to be better than $300M for the year vs $500M(2) Business [...]
SEOUL, Aug. 4 (Korea Bizwire) — SK Innovation Co. said Wednesday it turned to the black in the second quarter from a year earlier on robust lube oil and battery sales, and decided to spin off its battery business to further propel its growth. The energy and chemical subsidiary of the nation’s No. 3 conglomerate [...]
Second quarter 2021 reported and adjusted EPS* were $2.62 and $2.05, respectively, compared to second quarter 2020 reported and adjusted EPS of $0.98 and $1.12, respectively. Year-to-date 2021 reported and adjusted EPS were $(1.01) and $3.90, respectively, compared to $2.08 and $2.72, respectively, in the year-ago period. Year-to-date reported results reflect a $360 million held for [...]
SEOUL, Aug. 3 (Korea Bizwire) — K-Bank, South Korea’s first internet-only bank, said Tuesday it turned a profit for the first time since its inception in the second quarter of the year on robust growth in customers and deposits. Net profit stood at 3.9 billion won (US$3.4 million) in the April-June period, a sharp turnaround [...]
The following is an extract from the “CNH Industrial 2021 second quarter results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: https://www.cnhindustrial.com/en-us/media/press_releases/Pages/default.aspx or consulting the accompanying PDF: CNH Industrial reports strong second quarter performance. Consolidated revenues of $8.9 billion (up 60% compared to Q2 2020), [...]
July 29 (Korea Bizwire) — AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, has posted consolidated turnover of €487.6m in the first half of 2021, up by 26.0% compared to the first half of the previous year. Activity remains down by -13.9% compared to the [...]
SUNNYVALE, Calif., July 29 (Korea Bizwire) — Fortinet® (Nasdaq: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights Total revenue of $801.1 million, up 30% year over year Product revenue of $298.3 million, up 41% year over year [...]
SEOUL, July 29 (Korea Bizwire) — LG Electronics Inc. on Thursday said it expected a solid third-quarter performance with growth in its auto parts business after delivering strong second-quarter results on the back of its home appliance unit amid the pandemic. The South Korean tech giant said its operating profit spiked 65.5 percent to 1.11 [...]