SEOUL, Jan. 3 (Korea Bizwire) — The coronavirus pandemic is likely to have come as a big draw on South Korean oil refiners last year as their low refining margins ate into their profitability, industry sources said Sunday. Whipsawed by weak oil prices and sluggish refining margins, industry leader SK Innovation Co. and three other [...]
SEOUL, Dec. 15 (Korea Bizwire) — South Korean companies’ earnings declined by the most in 11 years in 2019, as the manufacturing sector remained sluggish amid the global economic slowdown, data showed Tuesday. Their combined before-tax net profit reached 102 trillion won (US$93.3 billion) in 2019, down 37.1 percent from the previous year, according to [...]
VICTOR, N.Y., Dec. 3 (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 third quarter ended November 30, 2020, on Thursday, January 7, 2021, before the open of the U.S. markets. A conference call to discuss the financial results and outlook [...]
ATLANTA, Dec. 3 (Korea Bizwire) — Secureworks (NASDAQ: SCWX), a leader in software-driven security solutions, today announced financial results for its third fiscal quarter, which ended on October 30, 2020. For the quarter, the company increased both GAAP and non-GAAP revenue 0.2 percent to $141.6 million from $141.3 million in the same period in the [...]
REDWOOD CITY, Calif., Nov. 13 (Korea Bizwire) – Sumo Logic, (Nasdaq: SUMO) the pioneer in continuous intelligence, today announced that it will report financial results for the third quarter of fiscal 2021 ended October 31 after market close on Monday, December 7th, 2020. The company will host a conference call on the same day beginning at 1:30 [...]
CHAMPFROMIER, FRANCE, Nov. 13 (Korea Bizwire) – AKWEL (FR0000053027, AKW, PEA-eligible), an automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, is reporting consolidated turnover of €649.1 million for the first nine months of 2020, limiting the decline to -21.4% from the same period last year. Consolidated turnover (1 January to 30 September 2020) [...]
SAN DIEGO, Nov. 12 (Korea Bizwire) — Guardion Health Sciences, Inc. (Nasdaq: GHSI) (“Guardion” or the “Company”), a specialty health sciences company that develops clinically supported nutrition, medical foods and medical devices, with a focus in the ocular health marketplace, announced financial results for the three months and nine months ended September 30, 2020, and [...]
GAITHERSBURG, Md., Nov. 9 (Korea Bizwire) — Novavax, Inc. (NASDAQ: NVAX), a late-stage biotechnology company developing next-generation vaccines for serious infectious diseases, today announced its financial results and operational highlights for the third quarter ended September 30, 2020. “Novavax continued to deliver remarkable progress this quarter, with our most notable achievement being the initiation of [...]
SEOUL, Nov. 9 (Korea Bizwire) — Celltrion Inc., a major South Korean biopharmaceutical firm, said Monday that its net profit jumped 185.4 percent on-year in the third quarter on the back of robust sales of its products in overseas markets. Net profit came to 175.8 billion won (US$157.8 million) during the July-Sept. period on a [...]
SEOUL, Nov. 8 (Korea Bizwire) — South Korea budget air carriers are anticipated to post grim earnings for the third quarter of 2020, as the virus pandemic has continued to virtually suspend air travel, with the resurgence of infections around the globe set to further delay the recovery. Last week, Korean Air Lines Co., South [...]