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SEOUL--() April 28, 2014 -- Ssangyong Motor (CEO Lee Yoo-il; ), part of the Mahindra Group, today announced that its performance for the first quarter that includes a total sales volume of 36,671 units (domestic sales of 16,797 units, exports of 19,874 units including CKD), revenue of 862.6 billion won, operating loss of 800 million won, and net current profit of 10.7 billion won.
Growing global sales for three consecutive months contributes to Ssangyong’s strong performance during the first quarter, with a 17.3% increase in sales volume and 14.5% increase in revenue, compared to the same period last year. This helped the company reduce the operating loss by 95.5% and post a net current profit.
Thanks to continued the highest growth rate in the domestic market and increasing demand for the New Korando C in overseas markets, both Ssangyong’s domestic sales and exports grew for the first three months of this year.
Its domestic sales increased by 26.4% compared to same period last year. In particular, the New Korando C has led the sales momentum and sales of the Korando Sports and Rexton W increased by more than 30% over the same period last year.
Exports also, on the back of the popularity of the New Korando C and the success of the New Actyon and New Rodius, grew by 10.6% against the same period last year.
On the strength of growth in global sales performance, the company posted an operating loss of 800 million won, which decreased by 95.5% over the same period last year, and a net current profit of 10.7 billion won.
The company also explained that additional costs that could arise from the developments in the discussions on ordinary wage and the negotiations with the labor union on the same are not reflected in the first quarter results.
Meanwhile, Ssangyong Motor will prepare itself for future changes in the market by adopting a differentiated marketing strategy to attract more demand and by expanding in the newly emerging markets. It will also make further efforts to reduce costs and increase its operational strength.
Lee Yoo-il, CEO of Ssangyong Motor, commented that “Our sales in Q1 grew for three consecutive months, which helped improve the company’s profits substantially”, adding, “In light of the growing uncertainties surrounding the business environment, we will continue to build up our competitiveness including productivity improvement to further increase the profitability of the Company.”Korea Newswire distributes your news across every media channels through the industry’s largest press release distribution network
LUXEMBOURG--( / ) November 22, 2017 -- Residents of Timor-Leste’s capital, Dili, will enjoy complimentary high-speed Wi-Fi connectivity in various public spaces across the capital, including the President Nicolau Lobato International Airport, Timor Plaza mall and Largo de Lecidere square, 어른들의장난감 LUXEMBOURG--(a trial service delivered by Timor Telecom (TT), the largest telecommunications operator in the country. By using the connectivity enabled by SES Networks’ fibre-like connectivity, TT aims to ensure that everyone will have the right to SAGAMIORIGINAL broadband access and information.
SES announced that 이벤트란제리 SESthe provision of enhanced Wi-Fi connectivity SAGAMIORIGINAL in Dili, TT and SES Networks will continue to empower local communities in Timor-Leste with access to faster mobile data 미스홍콩 SES broadband connectivity, meeting the evolving 일본텐가 SESfast-growing connectivity SAGAMIORIGINAL needs of Timor-Leste residents.
Timor Telecom has been using SES Networks 일본체육복 TimorEarth Orbit (MEO) services for the past few years for international 성인속옷 TimorThe low-latency and high throughput service has enabled Timor Telecom to launch 3G mobile followed by LTE mobile data service in the SAGAMIORIGINAL country. In addition, the SES Networks’ Customer Enablement team has been providing consulting services to TT SAGAMIORIGINAL on its Wi-Fi rollout.
Manuel Capitao Amaro, CEO at Timor Telecom 슬림2000 Manuel“Through SES’s O3b SAGAMIORIGINAL MEO satellite fleet, we are delivering services that SAGAMIORIGINAL significantly enrich connectivity experiences throughout the 성인용품남성 ManuelIn Dili, public spaces are an important intersection at which people from all walks of life gather and interact. We are glad to be able to deliver much needed quality 서울성인용품점 Manuelfor these different communities.” SAGAMIORIGINAL
Imran Malik, Vice President, Fixed Data, Asia-Pacific at SES Networks said, “Connecting our customers and local communities is at 플레져플러스 Imranheart of what we do. We are proud to support SAGAMIORIGINAL Timor Telecom in its continuous elevation of its service offerings, bringing reliable, fibre-like connectivity to local residents and communities within the country. Through the low latency, high-speed SAGAMIORIGINAL connectivity enabled by our MEO satellite network, connectivity in public spaces throughout the capital will reach unprecedented levels of speed and reliability.”
콘돔대량구매 AboutSES SAGAMIORIGINAL
SES is the world-leading satellite operator and the first to deliver a differentiated and scalable GEO-MEO offering worldwide, with more than 50 satellites in Geostationary Earth Orbit (GEO) and 12 in Medium Earth Orbit (MEO). SES focuses on value-added, end-to-end solutions in two key business 러브용품 SESSES Video and SES Networks. The company provides satellite communications services to 라이프스타일콘돔 SEScontent and internet service providers, mobile and fixed network operators, governments and institutions. SES’s portfolio includes ASTRA, O3b and SAGAMIORIGINAL MX1, a leading media service provider that offers a full suite of innovative digital video and media services. SES is listed on the SAGAMIORIGINAL Euronext Paris and Luxembourg Stock Exchange (ticker: SESG). Further information available at:
View source SAGAMIORIGINAL version on SAGAMIORIGINAL businesswire.com:Residents of Timor-Leste's Capital to Enjoy Complimentary SAGAMIORIGINAL Wi-Fi in Public Spaces via SES BANANAMALL View
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