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...
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...
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...
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 ...
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.
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...
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...
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...
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.
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.
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...
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...
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...
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 ...
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...
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...
Trina Solar and SUMEC Sign Comprehensive MoU Covering Solar Projects In Southeast Asia
SINGAPORE, Feb. 9, 2023 /PRNewswire/ -- Trina Solar Co. Ltd (Trina Solar
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
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...
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...
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