January-march Earnings
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Lenovo Sees Growth in Last Quarter as More People Work From Home
Net profit tumbled 64 percent in January-March to $43 million (roughly Rs. 325 crores) but was ahead of a Refinitiv consensus estimate of $7.5 million (roughly Rs. 56.7 crores). Revenue slid 9.7 percent to $10.6 billion (roughly Rs. 80,237 crores).
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Foxconn Sees Record Profit Fall as Coronavirus Guts Smartphone Demand
The group's total work hours had dropped by over 20 percent due to the outbreak, which also caused it estimated TWD 10 billion (roughly Rs. 2,530 crores) in additional costs, according to chief financial officer David Huang.
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LG Posts Strong Earnings on the Back of Asia, Latin America Sales
LG is South Korea's second-largest electronics firm after Samsung, producing products from mobile phones to TVs and home appliances including air conditioners, washers and refrigerators.
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Samsung Posts Biggest Quarterly Net Profit Since 2013 on Chip Sales
A breakdown of the figures showed the firm's semiconductor business made its largest-ever operating profit of KRW 6.3 trillion.
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LG Books First Quarterly Loss in 6 Years on Worst Mobile Result
LG expects a significant improvement in operating income in the January-March quarter compared with the previous quarter.
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Lenovo Sees Growth in Last Quarter as More People Work From Home
Net profit tumbled 64 percent in January-March to $43 million (roughly Rs. 325 crores) but was ahead of a Refinitiv consensus estimate of $7.5 million (roughly Rs. 56.7 crores). Revenue slid 9.7 percent to $10.6 billion (roughly Rs. 80,237 crores).
-
Foxconn Sees Record Profit Fall as Coronavirus Guts Smartphone Demand
The group's total work hours had dropped by over 20 percent due to the outbreak, which also caused it estimated TWD 10 billion (roughly Rs. 2,530 crores) in additional costs, according to chief financial officer David Huang.
-
LG Posts Strong Earnings on the Back of Asia, Latin America Sales
LG is South Korea's second-largest electronics firm after Samsung, producing products from mobile phones to TVs and home appliances including air conditioners, washers and refrigerators.
-
Samsung Posts Biggest Quarterly Net Profit Since 2013 on Chip Sales
A breakdown of the figures showed the firm's semiconductor business made its largest-ever operating profit of KRW 6.3 trillion.
-
LG Books First Quarterly Loss in 6 Years on Worst Mobile Result
LG expects a significant improvement in operating income in the January-March quarter compared with the previous quarter.
