Search result for NET PROFIT
CHINA'S FUTURES MARKET ROSE IN APRIL; TRUST ASSETS SHRANK IN Q1
Highlights –
- China's futures market rose in April; trust assets shrank in Q1.
- Net profits and operating revenue posted double-digit growth in April.
- China’s total trust assets reached 20.38 trillion yuan at the end of the fi...
LG UPLUS’ NET PROFIT ROSE 35 PERCENT IN Q1 2021
Highlights –
- LG Uplus’ net profit rose 35 percent in Q1 2021.
- The mobile carrier company’s operating profit increased 25.4 percent to 275.6 billion won.
- Sales from its wireless service business grew 5.4 percent on-year.
SUBARU CORP. REDUCES GLOBAL PRODUCTION OVER CHIP SHORTAGE
Highlights –
- Subaru Corp. reduces global production over chip shortage.
- In Q1 2021 the automaker globally produced 61,000 vehicles.
- The car-making company is aiming to sell 1 million vehicles in fiscal 2021.
- Subaru's ne...
PANASONIC CORP. EXPECTS NET PROFIT TO INCREASE BY $1.9 BILLION
Highlights –
- Panasonic Corp. expects net profit to increase by $1.9 billion.
- In fiscal 2021, the company sales are forecasted to increase 4.5 percent to 7 trillion yen.
- The automotive segment is expected to turn an operating profit of...
ANA RECORDED A NET LOSS OF $3.7 BILLION IN FY 2020
Highlights –
- ANA recorded a net loss of $3.7 billion in FY 2020.
- The loss was attributed to slump in travel demand hurt by the pandemic.
- ANA Holdings expects a net profit of 3.5 billion yen in FY 2021.
- ANA recorded domestic...
SAMSUNG BIOLOGICS SAW ITS Q1 NET PROFIT TO RISE BY 66.4%
Highlights –
- Samsung Biologics saw its Q1 net profit to rise by 66.4%.
- During January-April period the company’s net profit reached US$54.8 million.
- In the same period its operating profit rose 74.3 billion won.
- On We...
LG CHEM’S NET PROFIT INCREASED TO $1.2 BILLION IN Q1
Highlights –
- LG Chem’s net profit increased to $1.2 billion in Q1.
- In Q1 the company’s operating profit jumped 584 percent on-year to 1.4 trillion won.
- LG Energy Solution Ltd. reported 4.2 trillion won in sales and 341.2 b...
POSCO SAW A RECORD INCREASE IN NET PROFIT BY 162% IN Q1
Highlights –
- POSCO saw a record increase in net profit by 162% in Q1.
- Net profit for the three months that ended in March soared to US$1.02 billion.
- The company’s operating profit in Q1 rose 1.55 trillion won.
- POSCO r...
HYUNDAI MOTOR’S NET PROFIT FOR Q1 ROSE TO $1.36 BILLION
Highlights –
- Hyundai Motor’s net profit for Q1 rose to $1.36 billion.
- The result is said to have exceeded the median forecast of 1.32 trillion won.
- Hyundai plans to focus on promoting the IONIQ 5 all-electric model.
- I...
HYUNDAI, KIA ESTIMATES COMBINED Q1 NET PROFIT TO RISE
Highlights –
- Hyundai, KIA estimates combined Q1 net profit to rise.
- The two carmakers estimate solid earnings over robust sales of SUV and high-end models.
- Hyundai expects a net profit of US$1.18 billion in the first quarter. <...
HUAWEI TECH. REPORTS 2020 ANNUAL PROFIT OF $9.83 BILLION
Highlights –
- Huawei Tech. reports annual profit of $9.93 billion.
- Huawei’s consumer business was up 3.3% year on year.
- The company’s carrier business is said to seen an increase of just 0.2% in the reporting year. <...
KEPCO REPORTS A SHIFT IN NET INCOME IN 2020 TO $1.9 BILLION
Highlights –
- KEPCO reports a shift in net income in 2020 to $1.9 billion.
- The company’s operating profit was 4.08 trillion won.
- The company also reported an improvement in performance to the falling global price of resources.
KT CORP. SHOWS AN INCREASE IN NET PROFIT IN Q4 BY $35 MILLION
Highlights –
- KT Corp. shows an increase in net profit in Q4 by $35 million.
- The expansion in net profit was mostly due to growing 5G users.
- The company’s operating income rose 6.4 percent on-year.
- In 2021, the company...
NET PROFIT OF SOFTBANK GROUP IN APRIL-DEC. PEIOD RISE OVER $29 BILLION
Highlights –
- Net profit of SoftBank Group in April-Dec. period rise over $29 billion.
- The massive increase was due to the stock valuation of its tech-company investments.
- The company’s sales in nine months through Dec. were 4.14...
S. KOREA’S MAJOR LISTED FIRMS’ CASH DIVIDENDS ROSE BY 60 PERCENT IN 2020
Highlights –
- S. Korea’s major listed firms’ cash dividends rose by 60 percent in 2020.
- A survey showed the combined dividends by 124 listed firms to be 30.2 trillion won.
- The net profit of the companies was reported to be ...
JAPAN’S SUBARU CORP. CUTS ITS GLOBAL SALES OUTLOOK BY 868,000 VEHICLES
Highlights –
- Japan’s Subaru Corp. cuts its global outlook by 868,000 vehicles.
- The Japanese automaker is cutting the number due to a global semiconductor shortage.
- The automaker has cut down its net profit outlook in the cu...
SKY HYNIX INC. REPORTS Q4 OPERATING PROFIT TO INCREASE BY 956.9 BILLION WON
Highlights –
- SK hynix Inc. reports Q4 operating profit to increase by 956.9 billion won.
- The chipmaking company expects strong demand for memory chips this year.
- SK hynix announced a per-share dividend of 1,170 won.
- The com...
LG ELECTRONICS REPORTS $233 MILLION NET PROFIT IN Q4 2020
Highlights –
- LG Electronics reports a $233 million net profit in Q4 2020.
- For the whole of 2020, LG Electronics’ net profit increased to 2 trillion won.
- The company saw an increase in sales of its home appliance & air soluti...
LG CHEM REPORTS ITS NET PROFIT FROM Q4 2020 TO BE $54.9 MILLION
Highlights –
- LG Chem reports its net profit from Q4 2020 to be $54.9 million.
- The net profit was supposedly due to robust sales of petrochemical and EV battery products.
- For the whole of 2020, the net profit jumped 188.9 percent. ...
HYUNDAI REPORTS 2020 Q4 NET PROFIT TO RISE BY 78% AMID THE PANDEMIC
Highlights –
- Hyundai reports 2020 Q4 net profit to rise 78% amid the pandemic.
- Net profit jumped to 1.37 trillion won from 772 billion won.
- The car company’s operating profit rose 41 percent to 1.64 trillion won in Q4.