SEOUL, July 31 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical firm, said Friday that its second-quarter net profit jumped five times from a year earlier on the back of improved production of electric vehicle (EV) batteries. Net profit reached 419.1 billion won (US$352 million) in the April-June period, compared with 83.8 billion [...]
London, UNITED KINGDOM, July 30 (Korea Bizwire) - The following is an extract from the “CNH Industrial 2020 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: With all plants and depots up and running by the end [...]
SEOUL, July 30 (Korea Bizwire) — LG Electronics Inc. on Thursday reported weak second-quarter earnings due to the fallout from the novel coronavirus, but the company said it expects a gradual recovery in its home appliance business during the current quarter. South Korea’s No. 2 electronics company said its net profit stood at 65.6 billion [...]
Den Haag, NETHERLANDS, July 30 (Korea Bizwire) - “Shell has delivered resilient cash flow in a remarkably challenging environment. We continue to focus on safe and reliable operations and our decisive cash preservation measures will underpin the strengthening of our balance sheet.Our high-quality integrated portfolio, disciplined execution and forward-looking strategy enable sustained competitive free cash [...]
SEOUL, July 30 (Korea Bizwire) — South Korea’s top internet portal operator Naver Corp. said Thursday its net profit more than tripled in the second quarter from a year earlier largely due to increased online shopping transactions on its platform amid the new coronavirus pandemic. Net profit reached 90.7 billion won (US$76 million) in the [...]
SEOUL, July 30 (Korea Bizwire) — Samsung Electronics Co. said Thursday it expects solid demand of chips and a gradual recovery in the mobile phone sector in the second half of the year as the world’s largest memory chipmaker racked up strong second-quarter earnings. Samsung’s net profit stood at 5.55 trillion won (US$4.7 billion) in [...]
MONTREAL, July 29 (Korea Bizwire) — Bombardier (TSX: BBD.B) will publish its financial results for the second quarter ended June 30, 2020 on August 6, 2020. On August 6, 2020 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, Vice President, [...]
Paris, FRANCE, July 29 (Korea Bizwire) - Q2 2020 sales results reflect the strong performance of Dupixent® more than offset by COVID-19 related negative effects on Vaccines, General Medicines and CHC Net sales were €8,207million, down 4.9% on a reported basis and a decline of 3.4%(2) at CER. Specialty Care sales grew 17.4% driven by strong performance [...]
PITTSBURGH, July 28 (Korea Bizwire) — II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will hold a live webcast and conference call on Thursday, August 13, 2020, at 9:00 a.m. EDT. The webcast and call will be hosted by Dr. Vincent D. (Chuck) Mattera, Jr., [...]
EDMONTON, Alberta, July 27 (Korea Bizwire) – Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), announces that the Company will be relying on the temporary 45 day extension to the filing deadline of its annual financial statements and management’s discussion and analysis (“MD&A”) for the year ended March 31, 2020 granted by the [...]