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Korea's chipmaker SK hynix's profit beats expectation in Q1

SK hynix said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence (AI) computing.

South-korea , Korea , Yonhap-infomax , Yonhap-news-agency , Korea-times , Yonhap-news , High , Memory , Quarter , Percent , Profit , Demand

Ornua continues to add value for member co-ops

Ornua continues to add value for member co-ops - 24 April 2024

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Axis Bank Q4 results: Higher margins and non-core income lift Axis Bank Q4 profit

The bank had reported a loss of ₹5,728 crore in the corresponding period a year ago on goodwill impairment following Citibank's portfolio acquisition. The bank had reported a net profit of ₹6,071 crore in October-December 2023 period, translating into a 17% increase in profit on a sequential basis.

Mumbai , Maharashtra , India , Amitabh-chaudhry , Income-lift-axis-bank , Axis-bank , Citibank , Axis-bank-q4-results , Margins , Income , Profit , Margin

SEOUL -- SK Hynix returned to profit in the first quarter thanks to its leadership in advanced memory chips critical for artificial intelligence compu

Sk , Hynix , Returned , Profit , Q1 , Ai , Chip , Leadership ,

Korea's battery maker LG Energy Solution Q1 net plunges 62% on slowing EV sales

LG Energy Solution (LGES), Korea's leading battery maker, said Thursday its first-quarter net profit plunged 62 percent from a year earlier due to slowing electric vehicle sales.

Washington , United-states , Poland , China , Michigan , Indonesia , Canada , Ohio , Netherlands , Georgia , America , Holland

Korea's automaker Hyundai Motor Q1 net profit down 1.3% to $2.5 bil.

Hyundai Motor on Thursday reported its first-quarter net income of 3.37 trillion won ($2.5 billion), down 1.3 percent from a year earlier.

Gyeonggi , Kyonggi-do , South-korea , Yonhap-infomax , Reuters , Yonhap-news-agency , Hyundai-motor , Motor-show , Gyeonggi-province , Yonhap-news , Period , Estimate

SK hynix's Q1 operating profit surges 734% QoQ to $2.1 bil.

SK hynix's first-quarter operating profit surged more than 700 percent from the previous three month period thanks largely to strong sales of high bandwidth memory (HBM) chips and a rise in memory semiconductor prices, the chipmaker said, Thursday.

Taiwan , Cheongju , Ch-ungch-ong-bukto , South-korea , Baek-byung-yeul , Nvidia , Technology-symposium-at-santa-clara , Santa-clara , North-chungcheong-province , Kim-kyu-hyun , Memory

LTTS: LTTS' net profit grew 0.2% to Rs 341 crore - The Economic Times

The muted growth in profit comes on the back of the company seeing a marginal decline in its operating margin which fell from 17.2% in Q3 to 16.9% in Q4, a fall of 30 basis points (1.7%). A year ago, the companys operating margin was at 17.9%.

Vadodara , Gujarat , India , Kozhikode , Kerala , Amit-chadha , Technology-leadership , Offering-college , Indian-school-of-business , Lt-technology-services , Tech-prowess , High-value-skill

Mullen Group reports first-quarter profit down from year ago as demand softens

The trucking and logistics company says it earned $22.2-million or 25 cents per diluted share for the quarter ended March 31

Murray-mullen , Mullen-group , Mullen-group-ltd , Log-increate-free , Share , Profit , Quarter , Demand , Mullen , Mtl-t , Softening , Cents

Precision Drilling reports first-quarter profit, revenue down from year ago

Precision Drilling says the profit amounted to $2.53 per diluted share for the quarter ended March 31, down from $5.57 per diluted share in the same quarter last year

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