SEOUL/SHANGHAI — Hyundai Motor posted record-high operating profit for the April-June quarter on strong performance in North America and South Korea, but sluggish sales in China reveal stark regional contrasts. Consolidated operating profit for the second quarter reached 4.23 trillion won ($3.3 billion), a 42% year-on-year increase and the third consecutive quarter the South Korean… Continue reading Hyundai Motor posts record profit despite slumping China sales
Tag: Financial Results
Press release – H1 2023 Results
Sales of 11.2 billion euros, up by 19% Valeo’s leadership position consolidated in both areas of innovation: ADAS (up 26% LFL(1)) and powertrain electrification (up 108% LFL) Original equipment sales up 19 % LFL on an adjusted basis(2) (up 26% in Q2) Outperformance versus automotive production of 8 pts LFL on an adjusted basis (10… Continue reading Press release – H1 2023 Results
Danish government’s success with gambling addiction reported by Dkcasinospot
COPENHAGEN, Denmark, July 27, 2023 /PRNewswire/ — In Denmark, the gambling industry underwent significant changes in 2012, transitioning from a state monopoly to liberalization. Private companies were granted licenses to offer betting services and online casinos, leading to a surge in online gambling. Other European countries have followed a similar development path in recent years.… Continue reading Danish government’s success with gambling addiction reported by Dkcasinospot
Chubb Partners with Global Telemetrics to Launch Vehicle Tracker in UK
New tracking tools to reduce risk of loss from car theft for insurer’s personal lines customers LONDON, July 27, 2023 /PRNewswire/ — Chubb has launched a vehicle tracking system in the UK that will help protect the insurer’s customers from car theft. With criminals now often targeting high-value vehicles – particularly “keyless” models –… Continue reading Chubb Partners with Global Telemetrics to Launch Vehicle Tracker in UK
Kamux will open a new flagship showroom in the Lakalaiva area in Tampere, Finland, in spring 2024
HÄMEENLINNA, Finland, July 27, 2023 /PRNewswire/ — Kamux, a company specializing in used car sales, continues to implement its growth strategy and will open a new flagship showroom in the Lakalaiva area in Tampere, Finland in late spring 2024. The new megastore with app. 400 cars will be opened in a completely new building that… Continue reading Kamux will open a new flagship showroom in the Lakalaiva area in Tampere, Finland, in spring 2024
Asia Digest: Haymarket HQ’s SEA Tech Immersion Mission; GoodMorning Global raises $4.4m
Australia-based Haymarket HQ has launched the Southeast Asia Tech Immersion Mission while Malaysia-based food tech company GoodMorning Global Group has raised $4.4 million via crowdfunding. Haymarket HQ launches SEA Tech Immersion Mission Australia-based Haymarket HQ, the go-to-market accelerator that helps founders access revenue and capital in new growth markets, has launched the Southeast Asia Tech… Continue reading Asia Digest: Haymarket HQ’s SEA Tech Immersion Mission; GoodMorning Global raises $4.4m
Western car makers look to slash EV costs to fight Chinese onslaught
Western automakers are fretting about an “invasion” of cheap Chinese electric cars in Europe, prompting France’s Renault to say on Thursday it was aiming to slash production costs for its electric models by 40%. Finance chief Thierry Pieton said the best way to fend off price competition was for Renault to cut its own development and… Continue reading Western car makers look to slash EV costs to fight Chinese onslaught
4 Low Price-to-Cash Flow Stocks to Buy for Optimum Returns
Investment in stocks made on diligent value analysis is usually considered one of the best practices. In value investing, investors pick stocks that are cheap but fundamentally sound. There are a number of ratios to identify value stocks but none alone can conclusively determine their inherent potential. Each ratio helps an investor understand a particular… Continue reading 4 Low Price-to-Cash Flow Stocks to Buy for Optimum Returns
5 Low Price-to-Book Stocks to Add to Your Portfolio
Price-to-book ratio or P/B ratio is essentially the ratio of stock price to book value, i.e. how much an investor needs to pay for each dollar of book value of a stock. It is calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. In value investing,… Continue reading 5 Low Price-to-Book Stocks to Add to Your Portfolio
Dana to Pay Dividend on Common Stock
MAUMEE, Ohio, July 26, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) The board declared a quarterly dividend of $0.10 per share, payable Sept. 1, 2023, to holders of Dana common stock as of Aug. 11.… Continue reading Dana to Pay Dividend on Common Stock