Search result for profit
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...
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...
Q3 NET PROFIT OF BANK OF INDIA RISES TO RS 541 BILLION
HIGHLIGHTS
- In Q3, the net profit of Bank Of India rose to ? 541 billion.
- Regarding asset quality, gross NPAs stood at ? 54,997 billion as on 31 DEC 2020.
- In SEP 2020, gross NPAs stood at ? 56,232 billion.
- In DEC 2019, gross NPAs ...
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...
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 ...
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.
LG ELECTRONICS ESTIMATES INCREASE IN FOURTH-QUARTER EARNINGS in 2020
Highlights –
- LG Electronics estimates an increase in fourth-quarter earnings in 2020.
- The company estimated an operating profit of 647 billion won.
- LG’s H&A business unit division logged around 400 billion won in the fourth ...
GM ISSUES STERN WARNING THAT LABOR UNREST COULD ABRUPTLY END ITS STAY IN SOUTH KOREA
- General Motors (GM) of the United States has passed a stern warning to the GM Korea Labor Union that the company could evacuate from Korea if the union continues its strike action.
- GM Korea union fighters have been enforcing partial lay-offs daily since Oct. 30 to meet their de...
TOKYO’S NPO PARTNERS WITH PUBLIC HIGH SCHOOL FOR SPECIAL CLASSES
Highlights –
- Tokyo’s NPO partners with public high school for special classes.
- The special classes will be to support students with foreign backgrounds.
- The name of the non-profit organization (NPO) is Katariba.
- Six ...
SOUTH KOREA ‘S LANDSLIDE GAMBIT OPERATING PASSENGER PLANES AS FREIGHT CARRIERS
- South Korea’s prominent national airline carriers Korean Air and Asian Airlines surprised the flailing market last week by registering an operating profit in the second quarter, while major airlines across the world was caught in a quagmire suffering losses due to the pandemic. ...
SONY’S PROFIT JUMPED BY 53 PERCENT DUE TO ITS VIDEO GAMES AND ONLINE BUSINESSES
Highlights –
- Sony’s profit jumped by 53 percent due to its video games and online businesses.
- April – June months saw the profit.
- The company reported a $2.2 billion profit for the last quarter.
- Its quarterly s...
SONY CORP. REPORTS FISCAL 2020 NET PROFIT TO FALL BY 12.4 PERCENT
Highlights –
- Sony Corp. reports fiscal 2020 net profit to fall by 12.4 percent.
- In the first quarter, Sony’s operating profit fell by 1.1 percent.
- However, net profit in the April-June period rose by 53.3 percent.
- It...
TAKEDA PHARMACEUTICAL CO.RAISED ITS NET PROFIT OUTLOOK FOR THIS YEAR
Highlights –
- Takeda pharmaceutical co. raised its net profit outlook for this year.
- The drug-making company revised its bottom-line outlook to $880 million.
- It also reported an operating profit outlook to $374 million.
- Tak...
KAKAO BANK SWUNG TO PROFIT THIS YEAR
Highlights –
- Kakao Bank made a profit last year of about $11. 4 billion
- Kakao Bank is readying to go public this year
- It plans to unveil innovative fintech offerings with Kakao
According to reports by The Korea Hera...
KIWOOM SECURITIES MADE PROFIT IN 2019 – OPERATING SALES
Highlights –
- 2019 operating sales report shows a profit for the company
- Successful business due to restructuring efforts
- The company achieved both qualitative and quantitative growth
According to industry sources on ...
JB FINANCIAL GROUP RECORDS ALL TIME HIGH NET PROFIT IN 2019
Highlights –
- JB Finance Group Recorded A High Net Profit
- BIS Capital Adequacy Ratio Increase
- Non-Performing Loan Ratio Decrease
JB Financial Group, The Holding Group Of North Jeolla Province-Based Jeonbuk Bank, Posted A Record-High N...
EMAMI Q3 PROFIT IS AT RS. 144 CRORES
Highlights:
- The total income of the FMGC was at Rs. 828.22 crores, which is up by 1.02 percent.
- Total net profit of Rs. 137.54 crores in the October-December quarter in a year ago.
- It marked growth of 8 percent in the 65 percent of the port...