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Radient Technologies Inc. Reports Second Quarter 2020 Financial Results and Provides Corporate Update and Guidance for the Remainder of Fiscal Year 2020

EDMONTON, Alberta, Nov. 29, 2019 (Korea Bizwire) – Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a global commercial manufacturer of high quality cannabinoid-based ingredients, formulations and products, has released its financial results for its second fiscal quarter ended September 30, 2019. The financial statements and Management’s Discussion & Analysis are available under [...]

Food Delivery Riders Pay 10 pct Commission to Agency

SEOUL, Nov. 27 (Korea Bizwire) — Food delivery people who rely on digital platforms such as apps have to pay about 10 percent of their earnings in commissions, according to a recent report. Jang Jin-hee, a researcher at the Federation of Korean Trade Unions, and Sohn Jung-soon, a researcher at the Korean Contingent Worker’s Center, [...]

Major Retailers Tipped to Rack Up Better Earnings in 2020

SEOUL, Nov. 22 (Korea Bizwire) — After a tough year, South Korea’s major retailers are tipped to log a modest improvement in their earnings next year on the back of improved business conditions and cost-cutting efforts, industry sources said Friday. This year has been the toughest ever for two homegrown retail giants, Emart and Lotte [...]

Major Entertainment Firms Tipped to Log Better Earnings in 2020

SEOUL, Nov. 19 (Korea Bizwire) — South Korea’s major entertainment agencies are expected to see improved earnings next year on growing album sales and global activities of their idol groups, analysts said Tuesday. SM Entertainment and JYP Entertainment, the two largest agencies by market capitalization, reported better-than-expected third-quarter earnings, and they are poised to deliver [...]

Samsung to See Rebound in Q1 Earnings on Chip Recovery

SEOUL, Nov. 19 (Korea Bizwire) — Samsung Electronics Co.’s operating earnings are expected to rebound in the first quarter of 2020 compared with a year ago on a recovery in chip demand and low base effect, analysts said Tuesday. Samsung’s operating profit was estimated at 6.6 trillion won (US$5.6 billion) in the first three months [...]

Sundance Energy Australia Limited Reports Third Quarter 2019 Financial and Operational Results

DENVER, Nov. 18 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (the “Company” or “Sundance”) reported its third quarter 2019 financial and operations results today. Third Quarter 2019 Financial Results Highlights Third quarter net sales volumes were 1,251,144 boe or 13,599 boe per day. This represents an increase of ~22% as compared [...]

AKWEL: 9 Months Turnover Increases +3.3%

CHAMPFROMIER, FRANCE, Nov. 14 (Korea Bizwire) – 9 MONTHS TURNOVER INCREASES +3.3% Akwel (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, has posted consolidated turnover of €826.3m on the 30 September 2019, up +3.3%. Consolidated turnover (1 January to 30 September 2019) In € millions – unaudited 2019 2018 [...]

KEPCO Struggles Despite Return to Profitability

SEOUL, Nov. 14 (Korea Bizwire) — The Korea Electric Power Corporation (KEPCO), a South Korean state-run utility firm, overcame three consecutive quarters in the red to finally return to profitability. It has still yet to be determined, however, if the company will be able to stay in the black this quarter. KEPCO announced on Wednesday [...]

Sundance Energy Australia Limited Schedules Third Quarter 2019 Earnings Conference Call

DENVER, Nov. 11 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas announced that it will host a conference call to review third quarter 2019 results. Date: Australia: Tuesday 19 November [...]

S. Korean Telecoms Post Sluggish Q3 Earnings on 5G Spending

SEOUL, Nov. 9 (Korea Bizwire) — South Korea’s three mobile carriers posted lackluster profits in the third quarter with heavy spending on 5G networks, but they are set to rebound in the fourth quarter, analysts said Saturday. SK Telecom Co., KT Corp. and LG Uplus Corp. booked increased sales in the July-September period from a [...]