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Vodacom grows FY revenues 4.5%, EBITDA up 10.9%
2013-05-20 09:01:00| Telecompaper Headlines
(Telecompaper) African mobile operator Vodacom reported revenue for the fiscal year to 31 March up 4.5 percent to ZAR 69.62 billion. Excluding the sale of Gateway Carrier Services and foreign currency impact, revenue was up 5.3 percent, and service revenue rose 2.9 percent. The Vodafone subsidiary finished the year with 51.7 million customers, and the number of data customers rose 22.5 percent to 18.5 million. EBITDA increased 10.9 percent to ZAR 25.25 billion, and the margin expanded 2.1 ppts to 36.1 percent. Headline earnings per share were up 23.0 percent to ZAR 8.72, as a result of strong operating profit growth and lower taxes. Capital expenditure rose 9.2 percent to ZAR 9.46 billion, and operating free cash flow rose 7.2 percent to ZAR 18.16 billion. Vodacom will pay a final dividend of ZAR 4.30; total dividends for the year of ZAR 7.85 are up 10.6 percent.
Tags: up
revenues
grows
ebitda
Sina Q1 revenue grows, net loss narrows
2013-05-17 06:15:00| Telecompaper Headlines
(Telecompaper) Chinese internet company Sina reported first quarter net revenue of USD 126 million, an increase of 19 percent year-over-year. Advertising revenues grew 20 percent year-over-year to USD 94.3 million, within the company's guidance of USD 94-96 million. Non-advertising revenues for the first quarter increased 14 percent year-over-year to USD 31.7 million, primarily thanks to Weibo services, which included revenue share from web games and membership fees on the microblogging platform. Mobile value-added service revenues decreased 17 percent year-over-year to USD 15.9 million. Gross margin rose to 51 percent from 46 percent. Net loss attributable to Sina narrowed to USD 13.2 million or USD 0.20 per share from USD 13.7 million or USD 0.21 per share. As of 31 March, Sina's cash, cash equivalents and short-term investments totalled USD 681.9 million. Sina estimates that its non-GAAP net revenues for the second quarter will be between USD 143 million and USD 147 million, including advertising revenues of USD 117-119 million and non-GAAP non-advertising revenues of USD 26-28 million.
Philippines Agriculture, Fisheries Grows 3.3 Per Cent in Q1 2013
2013-05-17 02:00:00| ThePigSite - Industry News
PHILIPPINE - The Philippine agriculture industry grew by 3.3 per cent in the first three months of 2013, as all four subsectors — crops, fishery, poultry and livestock — posted respective increases, grossing a total of P352.5 billion at current prices.
Tags: cent
agriculture
philippines
grows
TechAmerica: US tech employment grows slightly in 2012
2013-05-14 23:39:29| InfoWorld: Top News
The U.S. tech industry added 67,400 jobs in 2012, a 1.1 percent increase from a year earlier, according to a new report from the TechAmerica Foundation. The tech industry's growth slightly outpaced the overall private sector in the U.S., which grew by 1 percent, TechAmerica said Tuesday. U.S tech employment totalled 5.95 million in 2012, said the foundation, the research arm of trade group TechAmerica.
Tags: tech
employment
slightly
grows
Dewey's grows steadily
2013-05-14 11:45:00| Industrial Machines - Topix.net
It's hardly the scene that founder and CEO Andrew DeWitt envisioned in April 1998 when he opened his first little pizza parlor in Oakley.
Tags: grows
steadily
grows steadily
steadily grows
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