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Korea's LG Energy Solution reports 75% plunge in Q1 profit due to slowing EV sales

LG Energy Solution (LGES), Korea's leading battery maker, said Friday its estimated operating profit plunged 75 percent in the first quarter from a year earlier due to slowing EV sales.

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SK Innovation Q4 net losses narrow on lubricants business

SK Innovation on Tuesday reported its 2023 net income of 546.3 billion won ($409.8 million), down 71.2 percent from a year earlier. ...

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Shoppers Stop Q3 results: Net loss widens to Rs 25.11 cr


Shoppers Stop Q3 results: Net loss widens to Rs 25.11 cr
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Last Updated: Jan 15, 2021, 10:34 PM IST
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The company had posted a net loss of Rs 6.51 crore in the October-December quarter a year ago.
ETRetail
Shoppers Stop's total expenses stood at Rs 778.78 crore during the quarter as against Rs 963.90 crore a year ago, down 19.2 per cent.
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Shoppers Stop Ltd on Friday reported widening of its consolidated net loss to Rs 25.11 crore for the third quarter ended December 31, 2020.
The company had posted a net loss of Rs 6.51 crore in the October-December quarter a year ago.
Its total income declined 27.2 per cent to Rs 746.45 crore during the period under review as against Rs 1,025.53 crore in the corresponding quarter of the previous fiscal, Shoppers Stop said in a regulatory filing.

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