Search results for revenue
Industry
LG Innotek Q2 operating profit jumps 2,057 percent
LG Innotek said on July 27 it posted second-quarter revenue of 55.27 trillion won and operating profit of 245.8 billion won. Revenue rose 40.5 percent and operating profit climbed 2,057 percent from a year earlier. Revenue was a record for a second quarter, and first-half revenue topped 100 trillion won for the first time. The company cited steady demand for mobile camera modules and strong supply of high value-added semiconductor substrates.
Industry
Elon Musk\'s trillionaire status ends as SpaceX slumps, halving net worth
Elon Musk’s estimated net worth topped $1.3 trillion soon after SpaceX’s listing, but fell within weeks to $725 billion as the stock slid. The drop reflected shrinking valuation gains on his SpaceX stake rather than a cash loss. SpaceX shares surged after pricing at $135, then fell to around $113 in late July. Tesla shares also weakened after results missed expectations.
Crypto
Hoskinson says ADA has no issues, Cardano ecosystem development funding to top $100 million this year
Cardano can deploy more than $100 million for ecosystem development this year despite its drop in market-cap rankings, founder Charles Hoskinson said. He said the network’s on-chain treasury continues to generate funds needed for long-term growth. Spending could cover software development, infrastructure upgrades, research, developer tools and education programs. Hoskinson said more than 30 to 40 companies have received support, reducing reliance on Input Output Global.
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Crypto
Hashdex ETF introduces staking rewards, investors paid only above threshold
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Crypto
Hoskinson says Trump should step back from crypto market
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Crypto
Trump fourth-term joke followed by $16.91 million TRUMP token transfer to exchanges
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Games & Commerce
Pearl Abyss\' Crimson Desert ranks No.1 in Steam revenue among new IPs released this year
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Games & Commerce
Naver forms $10 billion AI infrastructure alliance with Nvidia and Brookfield
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Games & Commerce
Naver narrows commerce gap with Coupang by expanding from search to delivery
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Industry
Anduril in talks to raise new funding at $100 billion valuation
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Crypto
Bitcoin mining pool Poolin files for Chapter 11 bankruptcy protection
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Finance
Korea stocks outlook: KOSPI loses momentum as FOMC, chipmakers and Big Tech earnings in focus
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Crypto
Odos Protocol to shut down as more crypto platforms close
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Finance
Financial holding brokerages post about 1.41 trillion won Q2 net profit on brokerage boom
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Finance
Woori Investment Securities Q2 net profit 11 billion won, down 21 percent from Q1
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Finance
NH NongHyup Financial first-half net profit rises 9.2 percent to 1.78 trillion won
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Telecommunications & Media
Korean media fall behind global platforms; original content expansion urged
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Finance
Hana Securities\' Q2 operating profit 203.7 billion won, up 783.3 percent