SEOUL, Oct. 30 (Korea Bizwire) — LG Electronics Inc. said Wednesday its third-quarter net profit dropped 30.5 percent from a year earlier due to its lackluster mobile business. The South Korean electronics maker said its net earnings stood at 345.7 billion won (US$296 million) in the July-September period, compared with 497.1 billion won a year [...]
Oct. 28 (Korea Bizwire) - Third-quarter highlights • Sales in the quarter amounted to EUR 4.7 billion, with 6% comparable sales growth • Comparable order intake was in line with Q3 2018 • Income from continuing operations amounted to EUR 211 million, including a charge of EUR 78 million related to a goodwill impairment, compared [...]
BALTIMORE, Oct. 24 (Korea Bizwire) — WillScot Corporation (“WillScot”) (Nasdaq: WSC) today announced that it will release its third quarter 2019 financial results on Thursday, November 7, 2019 after the markets close. President and Chief Executive Officer, Bradley Soultz, and Chief Financial Officer, Timothy Boswell will host a conference call and webcast on Friday, November [...]
MONTREAL, Oct. 24 (Korea Bizwire) — Bombardier (TSX: BBD.B) will publish its financial results for the third quarter of 2019 on Thursday, October 31, 2019 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 Vice President [...]
SEOUL, Oct. 24 (Korea Bizwire) — Hyundai Motor Co. and Kia Motors Corp., South Korea’s two biggest carmakers, are on track to achieve their annual sales targets after reporting solid third-quarter figures on a weak won and robust sales of sport-utility vehicles. Hyundai Motor and Kia Motors, which together form the world’s fifth-biggest carmaker by [...]
SEOUL, Oct. 24 (Korea Bizwire) — POSCO, South Korea’s top steelmaker, said Thursday its third-quarter net profit dropped 53 percent from a year earlier, hit by high raw material costs. Net profit reached 496.8 billion won (US$424 million) in the July-September period on a consolidated basis, compared with a profit of 1.05 trillion won a [...]
SEOUL, Oct. 24 (Korea Bizwire) — SK hynix Inc. said Thursday its net profit for the third quarter dipped to the lowest level in more than three years on weak memory chip prices and global demand, but said it expected the memory industry to recover next year on adoption of 5G smartphones. The net profit [...]
SEOUL, Oct. 23 (Korea Bizwire) — South Korean display maker LG Display Co. said Wednesday it turned to a net loss in the third quarter due to low LCD panel prices and weak global demand. LG Display logged 442.2 billion won (US$377.1 million) in net loss for the July-September period, compared with 17.5 billion won [...]
SEOUL, Oct. 20 (Korea Bizwire) — Hyundai Steel Co., South Korea’s No. 2 steelmaker, is facing a double whammy of a slump in its earnings and a labor dispute, sending its stock price to a multiple-month low, industry observers said Sunday. Hyundai Steel closed 0.28 percent lower at 36,200 won (US$30) on the Seoul bourse [...]
Amsterdam, the Netherlands, Oct. 10 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today provided an update on the third quarter 2019 financial results for the Group, which will be reported on October 28, 2019. Group sales for the quarter are expected to amount to approximately EUR 4.7 billion, reflecting [...]