Public Company News

KT&G Reports Strong Fourth Quarter and FY 2022 Results

* FY 2022 revenue of KRW 5.857 trillion, operating profit of 1.268 trillion * KT&G's sales hit record high, driven by growth in both Heat Not Burn and overseas businesses * Set out to reach consolidated revenue of KRW 10 trillion by 2027 by focusing on overseas business, Heat Not Burn, Healt...

2023-02-10 16:38 5265

Mycronic AB: Year-end Report January-December 2022

STOCKHOLM, Feb. 10, 2023 /PRNewswire/ --  Fourth quarter * Order intake amounted to SEK 2,529 (1,234) million, an increase of 105 percent * Net sales increased 16 percent to SEK 1,497 (1,295) million. Based on constant exchange rates, net sales increased 6 percent * EBIT amounted to SEK 26...

2023-02-10 15:47 3093

Masan Group awarded investment registration certificate to invest USD105 million in Trust IQ in Singapore

SINGAPORE, Feb. 10, 2023 /PRNewswire/ -- On February 10, 2023, The Sherpa Company Limited, a subsidiary of Masan Group Corporation ("Masan"), has officially received the offshore investment registration certificate to carry out investment activities inSingapore. The investment registration c...

2023-02-10 15:18 4246

KIA MAINTAINS MOMENTUM IN J.D. POWER VEHICLE DEPENDABILITY STUDY AS TOP MASS MARKET BRAND FOR THIRD CONSECUTIVE YEAR

Three Models Captured Segment Awards including Sportage and Forte * Mass market Kia vehicles reported to have fewest problems after three years of ownership  * Substantial award bolsters brand's strong track record in J.D. Power study IRVINE, Calif., Feb. 10, 2023 /PRNewswire/ -- Kia America ...

2023-02-10 10:49 2843

Xinhua Silk Road: China's Zoomlion sends rescue team to assist in quake-hit Hatay of Türkiye

BEIJING, Feb. 10, 2023 /PRNewswire/ -- Chinese construction machinery maker Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion, 000157.SZ) has recently sent a rescue team and excavators to earthquake-ravaged Hatay in Türkiye to assist in rescue efforts.

2023-02-10 09:49 4821

LG Innotek Starts to Occupy the Wireless BMS Market Drastically

* Developed an 800V wireless BMS for the first time in the industry. * The BMS combines the essential components for wireless communication into one module that is compatible with all communication chips. * The company implemented an advance inspection system for checking the communication p...

2023-02-10 08:00 4333

Trina Solar and Low Carbon Ltd. sign gigawatt multi-year supply framework agreement

CHANGZHOU, China, Feb. 10, 2023 /PRNewswire/ -- Trina Solar, a leading global PV and smart energy total solution provider, recently signed a multi-year framework agreement with the global renewable energy company Low Carbon Ltd. The framework agreement spans three years and comprises the suppl...

2023-02-10 07:31 5618

Everest Medicines Announces South Korea Grants Fast Track Review Designation to Nefecon for the Treatment of Primary IgA Nephropathy

SHANGHAI, Feb. 10, 2023 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK), a biopharmaceutical company focused on developing, manufacturing and commercializing transformative pharmaceutical products and vaccines inGreater China and other parts of Asia, announced today that South Korea's Ministry o...

2023-02-10 07:30 6516

Wix Launches SEO Dashboard, with Integrated Reports from Google Search Console, For Users to Manage Their SEO from One Place

The SEO Dashboard provides Wix users with SEO tools, insights and reports from Google Search Console, further democratising access to valuable SEO data SYDNEY, Feb. 10, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and gro...

2023-02-10 06:00 3881

BRI Successfully Assisted 34 Million Micro Business and Gained IDR 51.4 Trillion Profit in 2022

JAKARTA, Indonesia, Feb. 10, 2023 /PRNewswire/ -- PT. Bank Rakyat Indonesia (Persero) Tbk. (IDX: BBRI) successfully closed 2022 with net profit of IDR 51.4 trillion, a 67.15% Year-on-Year (YoY) growth. The bank's total assets grew 11,18% YoY toIDR 1,865.64 trillion.

2023-02-10 05:42 5943

Qiming Venture Partners Celebrates Hesai Technology's IPO on Nasdaq

SHANGHAI, Feb. 10, 2023 /PRNewswire/ -- On Feb 9 Beijing time, Hesai Technology ("Hesai"), a global leader in LiDAR technology and Qiming Venture Partners' portfolio company, began trading on Nasdaq. Hesai Technology (NASDAQ: HSAI) offered at$19/ADS and opened at $23.75/ADS, up by 25%, representi...

2023-02-10 00:59 6405

Nomination Committee of AB Electrolux proposes re-election of board members

STOCKHOLM, Feb. 10, 2023 /PRNewswire/ -- In preparation for the Annual General Meeting of AB Electrolux onMarch 29, the Nomination Committee has decided to propose the re-election of all board members.Staffan Bohman is proposed to be re-elected as Chairman of the Board of Directors, and Petra Hed...

2023-02-10 00:25 3463

New Ericsson solutions boost indoor 5G capacity and precise location services

* New suite of indoor hardware and software make indoor 5G easier for communications service providers (CSPs), enterprises, and neutral hosts to deploy, scale, and monetize * Introducing a new precise-location software that enables new enterprise use cases such as asset tracking and tool posi...

2023-02-10 00:11 3805

Strengthened Networks portfolio boosts Ericsson's drive towards Net Zero emissions

* A new range of 10 radios led by triple-band Radio 4485, which is 53 percent lighter than comparable products. Also launching new mobile transport and software solutions * Industry-first, 600MHz Massive MIMO radio with Ericsson-unique Interference Sensing software that adds up to 40 percent ...

2023-02-09 23:40 3801

SMIC Reports 2022 Fourth Quarter Results

All currency figures stated in this report are in US Dollars unless stated otherwise. The consolidated financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). SHANGHAI, Feb. 9, 2023 /PRNewswire/ -- Semiconductor Manufacturing International Corp...

2023-02-09 21:24 8251

Ribbon's Comprehensive STIR/SHAKEN Solution Enables Colt to Meet French Market Regulatory Mandates

Cloud-based service enables quick deployment of a complete solution for compliance PLANO, Texas, Feb. 9, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real-time communications technology and IP optical networking solutions to many of the world's largest ser...

2023-02-09 21:00 2807

Trina Solar and SUMEC Sign Comprehensive MoU Covering Solar Projects In Southeast Asia

SINGAPORE, Feb. 9, 2023 /PRNewswire/ -- Trina Solar Co. Ltd (Trina Solar ), the world leading PV and smart energy total solutions provider, and SUMEC Complete Equipment and Engineering Co., Ltd. (SUMEC Engineering) have signed a memorandum of understanding (MoU...

2023-02-09 20:35 5415

Effective Reskilling, Talent Diversity, and Digital Tool Automation Can Drive $1.4 Trillion of Revenue and $282 Billion in Profit: Infosys Study

Flexible, diverse, and digital: Infosys research report titled 'Future of Work 2023' finds the levers that drive revenue, profit growth and retention for businesses BENGALURU, India, Feb. 9, 2023 /PRNewswire/ -- Infosys  (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global l...

2023-02-09 18:45 3442

DXC Technology Outlines Five Automotive Trends that will Reshape our Relationship with Cars in the Next Five Years

Shift to Software-Defined Vehicles to transform global auto industry LONDON, Feb. 9, 2023 /PRNewswire/ --DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, has forecast five ways the automotive industry will reshape our relationship with cars in the next five y...

2023-02-09 17:00 5429

Concordia Maritime: Year-End Report, 1 January-31 December 2022

Successful sales strengthen results GOTHENBURG, Sweden, Feb. 9, 2023 /PRNewswire/ --  Total income Q4: SEK 263.0 (151.2) million Full year: SEK 686.1 (704.8) million EBITDA Q4: SEK 203.7 (36.6) million Full year: SEK 374.1 (-82.6) million Result before tax Q4: SEK 142.8 (-308.2) million Full yea...

2023-02-09 16:49 2784
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