Day: August 22, 2023

Kingsoft Cloud Announces Unaudited Second Quarter 2023 Financial Results

Written by Customer Service on August 22, 2023. Posted in Earnings Releases And Operating Results.

BEIJING, Aug. 22, 2023 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2023. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, “With our top priority remaining to achieve high-quality and sustainable development, we keep our focus on selected verticals and invest in core technologies to build our competencies and improve our efficiencies. Our execution of these strategies is well reflected in the sustained robust growth momentum of our gross profit and Non-GAAP EBITDA in the second quarter of 2023. Meanwhile, we are maintaining a high level of agility and quick response to AI trends. This quarter, we launched...

Consumer Electronics Market Size to Worth USD 1,239.40 Billion by 2030 | With a 6.97% CAGR

Written by Customer Service on August 22, 2023. Posted in Mergers And Acquisitions.

Key companies covered in Consumer Electronics Market report are Samsung Group (South Korea), LG Electronics Inc. (South Korea), Sony Corp. (Japan), Panasonic (Japan), Koninklijke Philips N.V. (Netherlands), Whirlpool Corp. (U.S.), AB Electrolux (Sweden), Apple Inc. (U.S.), HP Inc. (U.S.), Huawei Technologies Co., Ltd. (China), and more players profiled.Consumer Electronic MarketConsumer Electronic MarketPune, India, Aug. 22, 2023 (GLOBE NEWSWIRE) — The global consumer electronics market size was valued at USD 738.75 billion in 2022 and is anticipated to expand from USD 773.40 billion in 2023 to USD 1,239.40 billion by 2030, exhibiting a CAGR of 6.97% over the study period. The surge is driven by the increasing consumer demand and rising focus of industry players on the development of convenient-to-use and high-performing...

Eloro Resources intersects Significant Tin Mineralization (0.17% Sn over 52.75m) in Mina Casiterita Property and also Receives Strong Results from Infill Holes at Santa Barbara Deposit, Potosi Department, Bolivia

Written by Customer Service on August 22, 2023. Posted in Public Companies.

Figure 1Geological Map of the Mina Casiterita and Porco-Mina 2 Target Areas Showing Locations of Diamond Drill Holes. Holes reported in this release are highlight in red circlesFigure 2Geological Map of the Santa Barbara Deposit area in Iska Iska Showing Locations of Diamond Drill Holes. Holes reported in this release are highlighted in yellow circlesTin mineralization at Casiterita is located 2km southwest of the Santa Barbara deposit indicating that the overall Iska Iska mineralizing system is much more extensive, as predicted from geophysical data. Further drilling is required to fully evaluate this prospective target area. Holes DHK-31, DSB-53 and DSB-54, drilled to fill-in gaps in drill coverage in the eastern part of the Santa Barbara deposit, returned well mineralized intersections as follows:125.99g Ag eq/t...

SUIC Beneway Signs Agreement with Taiwan Top Catering Group to Create Franchise & Supply Chain-tailored AI & Fintech Platform Ahead of IPO Roadshows and Capital Raise

Written by Customer Service on August 22, 2023. Posted in Public Companies.

SUICSUIC Worldwide Holdings Ltd.NEW YORK, NY / TAIPEI, Taiwan, Aug. 22, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – SUIC Worldwide Holdings Ltd. (OTC PINK: SUIC) recently announced that it has reached a cooperation and joint venture agreement with Taiwan’s I.H. Art Group (which has established 150 stores in Taiwan and in ten other countries) to create a brand new catering franchise & supply chain-tailored AI & Fintech platform services expected to bring revolutionary changes to the global catering industry. SUIC and Beneway have started roadshows for Beneway’s pre-IPO fund raising as its initial public offering edges closer. Hank Wang is appointed by the board of directors as the new CEO of SUIC to assist in growing the platform, market segments and IPO processes. He has been serving as the CEO of I.H Art...

Rovio Entertainment Corp.: Notice to the Extraordinary General Meeting of Rovio Entertainment Corporation

Written by Customer Service on August 22, 2023. Posted in Public Companies.

Rovio Entertainment Corporation Stock Exchange Release August 22, 2023 at 1.00 p.m. EET Notice to the Extraordinary General Meeting of Rovio Entertainment Corporation Notice is given to the shareholders of Rovio Entertainment Corporation (“Rovio” or the “Company”) of the Extraordinary General Meeting to be held on Tuesday, September 12, 2023 at 1:00 p.m. (Finnish time) at the Company’s premises, Keilaranta 7, 02150 Espoo, Finland. The reception of persons who have registered for the Extraordinary General Meeting and the distribution of voting tickets will commence at the venue at 12:00 noon. There will be no catering at the venue. On April 17, 2023, Sega Sammy Holdings Inc. (“SSHD”) and Rovio entered into a combination agreement (the “Combination Agreement”) pursuant to which Sega Europe Limited (the “Offeror”), that is directly...

Interim Report for H1 2023

Written by Customer Service on August 22, 2023. Posted in Earnings Releases And Operating Results.

Company Announcement No 23/2023 – August 22, 2023 Organic EBIT growth of 3% in Q2 2023 – midpoint of full-year EBIT guidance raised Our multi-beverage businesses in Northern Europe continue to perform well and EBIT in Northern Europe grew organically by 19% in H1 2023 (H1 2022: -9%). The Italian wholesale channel for On-Trade beer normalized during Q2 thereby ending a period of de-stocking that impacted the first half of the year negatively. In the past three months (May to July), we have experienced a balanced sell-in and sell-out in the Italian wholesale channel for On-Trade beer. We have implemented price increases in all markets during the first half of 2023, which impact net revenue positively. Net revenue increased organically by 5% in Q2 2023 (H1 2023: 6%), including a negative impact of around 2 percentage points from currency...

iQIYI Announces Second Quarter 2023 Financial Results

Written by Customer Service on August 22, 2023. Posted in Earnings Releases And Operating Results.

BEIJING, Aug. 22, 2023 (GLOBE NEWSWIRE) — iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 HighlightsTotal revenues were RMB7.8 billion (US$1.1 billion1), increasing 17% year over year. Operating income was RMB610.4 million (US$84.2 million) and operating income margin was 8%, compared to operating income of RMB125.8 million and operating income margin of 2% in the same period in 2022. Non-GAAP operating income2 was RMB786.4 million (US$108.4 million) and non-GAAP operating income margin was 10%, compared to non-GAAP operating income of RMB343.8 million and non-GAAP operating income margin of 5% in the same period...

Avionics Market to Hit USD 159.35 Billion by 2030 | With 8.45% CAGR

Written by Customer Service on August 22, 2023. Posted in Mergers And Acquisitions.

The Global Avionics Market Covered Major Segments Size, Share & COVID-19 Impact Analysis, By System (Hardware and Software), Platform (Commercial, Military, Business Jets, and General Aviation), End-Use (OEM and Aftermarket), and Regional Forecast, 2023-2030.Avionics MarketAvionics MarketPune, India, Aug. 22, 2023 (GLOBE NEWSWIRE) — The global avionics market size was valued at USD 81.68 billion in 2022 and is anticipated to expand from USD 90.32 billion in 2023 to USD 159.35 billion by 2030, exhibiting a CAGR of 8.45% over the study period. The rise is propelled by the increasing adoption of advanced systems and the expanding commercial aviation market. Fortune Business Insights™ provides this information in its research report, titled “Avionics Market Size, 2023-2030”. Get a Free Sample Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/avionics-market-101819 List...

Automatic Weapons Market to Hit $13.83 Billion by 2030 | At a Striking CAGR of 7%

Written by Customer Service on August 22, 2023. Posted in Mergers And Acquisitions.

Key Companies Covered in Automatic Weapons Market are BAE Systems (U.K.), Denel Land Systems (South Africa), FN Herstal (U.K.), General Dynamics Corporation (U.S.), Kalashnikov Concern (Russia), KBP Instrument Design Bureau (Russia), Northrop Grumman Corporation. (U.S.), Rheinmetall AG (Germany), ST Engineering (Singapore), Israel Weapon Industries (IWI) (Israel) and Others Players.automatic weapons marketAutomatic Weapons MarketPune, India, Aug. 22, 2023 (GLOBE NEWSWIRE) — The global automatic weapons market size was valued at USD 8.09 billion in 2022 and is expected to be worth USD 8.62 billion in 2023. The market is projected to reach USD 13.83 billion by 2030, recording a CAGR of 7% during the forecast period. Automatic weapons refer to a combination of semi-automatic and fully automatic firearms that can be fired...

With 17.4% CAGR, Femtech Market Size to Surpass USD 20.59 Billion by 2030

Written by Customer Service on August 22, 2023. Posted in Mergers And Acquisitions.

As per the report by Fortune Business Insights, the global femtech market size is projected to reach USD 20.59 billion in 2030, at a CAGR of 17.4 % during the forecast period, 2023-2030 Pune, India, Aug. 22, 2023 (GLOBE NEWSWIRE) — The global femtech market size was valued at USD 5.79 billion in 2022 and market is projected to reach USD 20.59 billion by 2030, exhibiting a CAGR of 17.4% during the forecast period. Femtech refers to technology products related to females, includes technology products, software, services that enable the use of digital health. The primary focus is to develop tech-enabled solutions to cater to the unmet rising need for women’s health disorders. Rising funding and investments coupled with an increasing number of startups with novel femtech solutions to propel market growth. Fortune Business Insights™...

Day: August 22, 2023

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