SEOUL, Oct. 29 (Korea Bizwire) — Samsung Electronics Co. on Thursday expected its profitability to worsen in the fourth quarter after delivering a forecast-beating performance in the third quarter on its better-than-expected chip business and demand for its mobile and home appliance products amid the pandemic. The world’s largest memory chip and smartphone vendor said [...]
MONTRÉAL, Oct. 28 (Korea Bizwire) — Bombardier (TSX: BBD.B) will publish its financial results for the third quarter ended September 30, 2020 on November 5, 2020. On November 5, 2020 at 8:00 a.m., EST, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, Vice President, [...]
SEOUL, Oct. 26 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. on Monday posted lackluster third-quarter earnings results due to hefty provisions for recalls and quality management. For the three months that ended in September, Hyundai swung to a net loss of 188.8 billion won (US$167 million) from a net profit [...]
SEOUL, Oct. 23 (Korea Bizwire) — POSCO, the world’s fifth-biggest steelmaker by output, said Friday its third-quarter net profit rose 3.5 percent from a year earlier on improving sales despite the coronavirus pandemic. Net profit for the three months ending in September rose to 514 billion won (US$450 million) from 496.8 billion won in the [...]
SEOUL, Oct. 22 (Korea Bizwire) — LG Display Co., a major display panel maker in South Korea, on Thursday said it swung to the black in the third quarter of the year on the back of robust demand for displays used in IT gadgets and increased shipments of large-size panels for TVs amid the pandemic-driven [...]
PHOENIX, Oct. 21 (Korea Bizwire) — WillScot Mobile Mini Holdings Corporation (Nasdaq: WSC) today announced that it will release its third quarter 2020 financial results on Thursday, November 5, 2020 after the markets close. Chief Executive Officer, Brad Soultz, President and Chief Operating Officer, Kelly Williams and Chief Financial Officer, Tim Boswell will host a [...]
London, Oct. 21 (Korea Bizwire) - CNH Industrial (NYSE: CNHI / MI: CNHI) announced today that its financial results for the Third Quarter of 2020 will be released on Thursday, November 5, 2020. A live audio webcast of the 2020 Third Quarter results conference call will begin at 3:30 p.m. CET/ 2:30 p.m. GMT / 9:30 [...]
SEOUL, Oct. 21 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical firm, said Wednesday its third-quarter net profit more than quadrupled from a year earlier, helped by robust sales of petrochemical and battery products. For the three months ending in September, its net profit soared to 570.39 billion won (US$503 million) from 137.19 [...]
Amsterdam, the Netherlands, Oct. 19 (Korea Bizwire) - Philips delivers Q3 sales of EUR 5.0 billion, with 10% comparable sales growth; income from continuing operations increases to EUR 341 million, Adjusted EBITA margin improves 300 basis points to 15.4%, and operating cash flow increases to EUR 770 million Philips provides new financial targets for the 2021–2025 [...]
SEOUL, Oct. 18 (Korea Bizwire) — South Korean shippers, led by industry leader HMM Co., are forecast to post strong earnings in the third quarter of the year on the back of increased fare and a drop in fuel costs, industry sources said Sunday. “A gradual recovery in global maritime cargo volume pushed up global [...]