SEOUL, Oct. 2 (Korea Bizwire) — South Korean mobile carriers are tipped to post improved earnings in the third quarter this year on the back of increased 5G subscribers, analysts said Friday. The combined operating profits of the country’s three major telecom operators — SK Telecom Co., KT Corp. and LG Uplus Corp. — are [...]
VICTOR, N.Y., Oct. 1 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its second quarter fiscal 2021 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 Thursday, [...]
SEOUL, Sept. 29 (Korea Bizwire) — LG Electronics Inc. is likely to report its largest third-quarter earnings in 11 years on the back of increased demand of its premium home appliance and TV products amid the pandemic-driven stay-at-home trend, analysts said Tuesday. LG was expected to log 16.12 trillion won (US$13.7 billion) in sales in [...]
SEOUL, Sept. 28 (Korea Bizwire) — Samsung Electronics Co. is expected to report strong third-quarter earnings, analysts here said Monday, as its mainstay semiconductor business remained solid despite a decline in memory prices, while its mobile and home appliance sales soared on pent-up demand amid the pandemic. Samsung was projected to log 63.95 trillion won [...]
CHAMPFROMIER, FRANCE, Sept. 24 (Korea Bizwire) – AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, published its 2020 half-yearly results. Consolidated data – in € millions 30.06.2020 30.06.2019 Var. in % Revenue 387.0 566.5 -31.7% EBITDA 60.0 66.6 -9.9% Current operating income 24.3 46.9 -48.2% Current [...]
SEOUL, Sept. 20 (Korea Bizwire) — South Korea’s major tech giants are anticipated to enjoy better-than-expected earnings during the third quarter, a poll showed Sunday, as they were able to save costs amid the global new coronavirus pandemic. Samsung Electronics Co. is expected to post an operating profit of 10.3 trillion won (US$8.85 billion) in [...]
MONTREAL, Sept. 17 (Korea Bizwire) – Komet Resources Inc. (“Komet” or the “Corporation”) (TSX-V: KMT) is pleased to announce the results of its annual meeting of shareholders held on September 15, 2020. Mr. Robert Wares, Chairman and interim President of Komet, commented: “The Corporation obtained outstanding shareholder support for all tabled items, including name change to Brunswick Exploration, and [...]
VICTOR, N.Y., Sept. 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 second quarter ended August 31, 2020, on Thursday, October 1, 2020, before the open of the U.S. markets. A conference call to discuss the financial results and outlook [...]
SHANGHAI, China, Aug. 30 (Korea Bizwire) — Junshi Biosciences (HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapies, announced its financial results for the six months ended June 30, 2020 and provided corporate updates. First Half 2020 Financial Highlights Total revenues reached RMB575 million in [...]
SEOUL, Aug. 19 (Korea Bizwire) — South Korean listed companies saw their first-half earnings plunge sharply, data showed Wednesday, due mainly to the fallout of the new coronavirus pandemic. The combined net profit of 690 listed firms on the main KOSPI bourse reached 25.54 trillion won (US$21.6 billion) in the January-June period, down 34 percent [...]