Epistar may see profit from Kaistar
LED epitaxial wafer and chip maker Epistar stands a chance of bringing in non-operating profit from its China-based joint venture Kaistar Lighting (Xiamen), a vertically-integrated LED maker focusing on lighting, according to industry sources......»»
Stellantis Q3 sales up 29% as better chip supplies lift shipments
Stellantis confirmed its forecast for a double-digit margin on adjusted operating profit and positive industrial free cash flow this year......»»
Advantech 3Q22 revenues, net profit hit records
Industrial computing device and solution provider Advantech has reported third-quarter 2022 consolidated revenues of NT$18.614 billion (US$584 million) and net profit of NT$3.184 billion, both hitting quarterly records......»»
KAR Global CFO to retire; 300 jobs being cut in N.A.
KAR reported higher year-over-year revenue, more profits per each vehicle sold and a net profit from its continuing operations in the quarter that ended Sept. 30.....»»
KAR Global CFO to retire; Q3 net loss of $5.8M reported
KAR reported higher year-over-year revenue, more profits per each vehicle sold and a net profit from its continuing operations in the quarter that ended Sept. 30.....»»
Bentley reports record profit in Q3 on sales of niche models
Operating profit for the first three quarters of 2022 was 575 million euros ($568 million), as global economic uncertainty did not dent customer interest, especially for niche models and customization. .....»»
Mitsubishi weighs possible stake in Renault EV spinoff
Operating profit more than tripled to 53.8 billion yen ($372.3 million) and net income more than doubled to 44.1 billion yen ($240.4 million) in the three-month period......»»
Wiwynn 3Q22 revenues, net profit hit records
Server ODM Wiwynn recorded consolidated revenues of NT$79.674 billion (US$2.50 billion), gross margin of 8.09%, operating profit of NT$4.877 billion, net profit of NT$4.316 billion and net EPS of NT$24.69 for the third quarter of 2022, with consolida.....»»
Toyota sees operating income decrease, scaling back production forecast for FY2023
The world's largest automaker by sale reported a profit decline for the April-September period, mainly due to the rising raw material prices. Moreover, as the supply for some semiconductor types is still tight, Toyota has reduced its vehicle producti.....»»
BYD 3Q22 gross margin nears 20%
BYD posited a big leap in revenue and net profit for the third quarter this year. Production growth slowed but gross margin rose to 19%......»»
Realtek cautious about 4Q22 sales prospects
Realtek Semiconductor has expressed caution about its operations in the fourth quarter as the network IC specialist reported sequential revenue and profit decreases for the third quarter......»»
How to Improve Efficiency for Your Startup Company and Maximize Profits
Starting a business might be the best decision you’ve ever made, especially when you consider the benefits of creating a cash flow that can outlive you. The essence of creating a business is to make a profit while meeting specific needs. Howeve.....»»
Apple resists tech industry slide thanks to strong Mac sales
Apple's revenue for the most recent quarter was up 8.1% year-over-year to $90.15 billion, beating estimates of $88.9 billion. Net profit was $1.29 a share, higher than the average analyst estimate of $1.27 a share......»»
Samsung 3Q22 operating profit down 31% YoY but foundry hits record high
Samsung Electronics announced its 3Q22 financial results on October 27, showing that sales managed to edge up 3.8% to KRW78 trillion, but operating profit declined by 31.4% from a year ago......»»
Intel pledges more cost cuts as sales forecast misses estimates
Intel shares climbed in late trading after the chipmaker pledged to slash costs, an effort to weather a persistent slump in computer demand that is dragging down sales and profit and obstructing its turnaround efforts......»»
The Year"s biggest winners in solar sector don"t make panels
Producers of raw materials for the solar sector are the key beneficiaries of rising demand this year, outpacing profit growth posted by the largest panel manufacturers......»»
Asbury sets net income record in Q3, but same-store profit, revenue down
Asbury Automotive Group estimates Hurricane Ian cost it 14 cents worth of earnings per diluted share in the third quarter of 2022......»»
Meta: Shares in Facebook owner dive 20% as investors lose faith
Shares in Meta drop more than 20% after the firm sees sharp falls in revenue and profit......»»
Samsung 3Q22 operating profit down 31% YoY but foundry hits record
Samsung Electronics announced its 3Q22 financial results on October 27, showing that sales managed to edge up 3.8% to KRW78 trillion, but operating profit declined by 31.4% from a year ago......»»
Meta"s stock falls 17% as its quarterly profit is cut in half
Meta on Wednesday posted the second quarterly revenue decline in its history since going public and warned that it is making "significant changes" aimed at cutting costs ahead of 2023, as it confronts an economic downturn that is hitting its core onl.....»»
GM posts 37.5% profit growth in 3Q22 while altering EV production target
General Motors saw record revenue and double-digit EBIT-adjusted margins in the third quarter, thanks mainly to production increase and robust pricing. However, the carmaker has dialed back its EV production goal due to the delay of the battery produ.....»»