It saw an operating profit of ¥19.9 billion compared with an…
Japanese messaging-app operator Line Corp. said Wednesday that growth in advertising revenue helped it swing back to profit in its full-year earnings, despite its user count stalling.
Line, which made its market debut last summer, booked a net profit of ¥7.56 billion ($66.5 million) for the January-December period compared with a net loss of ¥7.58 billion the year before.
In the latest quarter, Huntington Bancshares’s net interest margin, a metric…
Like many banks, Columbus, Ohio-based Huntington has had to cope with low interest rates, though for the past two years the Federal Reserve has raised rates in December.
Regional bank Huntington Bancshares Inc. reported a 19% increase in quarterly profit, helped by an increase in loans and leases as a key measure of lending profitability improved.
Samsung Electronics Profit Growth Driven by Component Sales
On Tuesday, Samsung said its fourth-quarter net profit rose sharply to 7.09 trillion Korean won ($6.1 billion).
Revenue rose slightly…
SEOUL—Samsung Electronics Co. recorded its highest operating profit in more than three years, as booming sales of components helped the company shrug off last year’s recall of 3 million Galaxy Note 7 smartphones.