MONTRÉAL, Feb. 6 (Korea Bizwire) — Bombardier (TSX: BBD.B) will publish its financial results for the fourth quarter and full year 2019 on Thursday, February 13, 2020 and hold a live webcast/conference call to review the results starting at 8 a.m. Eastern Time (EDT). Alain Bellemare, President and Chief Executive Officer; John Di Bert, Senior [...]
SEOUL, Feb. 6 (Korea Bizwire) – KT Corp., South Korea’s major telecommunication firm, said Thursday its net profit fell 12.2 percent last year from a year earlier as it ramped up spending on its network and marketing. In a regulatory filing, KT reported a net income of 669.3 billion won (US$ 565.7 million) last year, [...]
Paris, FRANCE, Feb. 6 (Korea Bizwire) - Q4 2019 Change Change at CER 2019 Change Change at CER IFRS net sales reported €9,608m +6.8% +4.7% €36,126m +4.8% +2.8% IFRS net income reported -€10m -103.9%(2) - €2,806m -34.8%(2) - IFRS EPS reported -€0.01 -105.0%(2) - €2.24 -35.1%(2) - Business net income(1) €1,684m +23.5% +18.4% €7,489m [...]
SEOUL, Feb. 5 (Korea Bizwire) — Major South Korean companies sharply cut payments of performance-based pay and dividends for 2019 due to abysmal earnings, industry sources said Wednesday. Top-cap Samsung Electronics Co. recently decided to lower the maximum amount of performance pay for workers at its semiconductor division to 29 percent of their annual salary [...]
RALEIGH, N.C., Feb. 3 (Korea Bizwire) — PRA Health Sciences, Inc. (NASDAQ: PRAH) will release its fourth quarter and year end 2019 results after the market closes on Thursday, February 20, 2020. The Company will also host a conference call on Friday, February 21, 2020 at 9:00 a.m. (ET) to discuss the results with members of [...]
SEOUL, Feb. 3 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemicals firm, said Monday that it swung to a loss in the fourth quarter from a year earlier due to one-off costs related to energy storage systems (ESS). The net loss stood at 56.8 billion won (US$47.5 million) in the three months that [...]
SEOUL, Jan. 31 (Korea Bizwire) — POSCO, the world’s fifth-biggest steelmaker by output, said Friday its net profit rose 4.8 percent last year helped by increased gains from equity ties with its affiliates and firm demand for its key products. For the whole of 2019, net profit climbed to 1.98 trillion won (US$1.66 billion) from [...]
SEOUL, Jan. 31 (Korea Bizwire) — LG Display Co., South Korea’s major display panel maker, said Friday it swung to a loss in the fourth quarter from a year earlier due to asset impairments and increased costs. LG Display reported a fourth-quarter net loss of 1.81 trillion won (US$1.5 billion) in a regulatory filing, shifting [...]
SEOUL, Jan. 31 (Korea Bizwire) — SK hynix Inc., South Korea’s No. 2 chipmaker, said Friday it swung to a loss in the fourth quarter from a year earlier due to a slump in the memory chip sector. For the three months that ended Dec. 31, SK hynix shifted to a net loss of 118.2 [...]
SEOUL, Jan. 30 (Korea Bizwire) — Hyundai Motor Group’s three key affiliates posted stellar performance last year with their operating profit jumping 44 percent on a weak won and robust sales of sport-utility vehicle models. For the whole of 2019, Hyundai Motor Co., Kia Motors Corp. and auto parts maker Hyundai Mobis Co. posted a [...]