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Xiaomi revenue growth slows to 14% in Q1, margins improve on growing ASP

2020-05-20 14:52:00| Telecompaper Headlines

(Telecompaper) Xiaomi reported slower revenue growth in the first quarter, with sales up 13.6 percent to CNY 49.7 billion. While volumes slowed due to the coronavirus outbreak, the company managed to improve its average selling price thanks a greater focus on premium 5G models and continued expansion in Europe. Gross profit jumped 44.9 percent to CNY 7.56 billion, and adjusted net profit increased 10.6 percent to CNY 10.3 billion.

Tags: asp improve growth growing

 

MTN grows underlying service revenue 11% in Q1

2020-05-14 09:33:00| Telecompaper Headlines

(Telecompaper) MTN Group said it delivered a solid performance in the first quarter, increasing service revenue 16.5 percent to ZAR 38.7 billion. On a constant currency basis, service revenue rose 11.1 percent, as strong growth in markets such as Ghana and Nigeria helped offset lower revenues in its home market South Africa. 

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Iliad posts 7% revenue growth in Q1 on slower equipment sales, service revenue up 10%

2020-05-12 10:29:00| Telecompaper Headlines

(Telecompaper) Iliad generated group revenues of EUR 1.38 billion in the three months to March, up 6.9 percent year-on-year (+11.0% in Q4). The quarter was impacted by a sharp decline in equipment sales, down 38.6 percent to EUR 45 million, partly reflecting an unfavourable comparison effect with Q1 2019, when the commercialisation of the premium Freebox Delta STB gained momentum in France. Group service revenues rose 9.6 percent to reach EUR 1.34 billion, helped by ongoing mobile ARPU growth in France and customer gains in Italy.

Tags: service up sales posts

 

Vodacom Group FY revenue rises 5%, subscriber base up by 6 mln

2020-05-11 09:45:00| Telecompaper Headlines

(Telecompaper) Vodacom Group revenue increased by 4.8 percent to ZAR 90.75 billon for the year ended 31 March from ZAR 86.63 billion in the same period of 2019, supported by service revenue growth of 5.0 percent. The mobile phone firm added 5.9 million customers and reached 116 million across the group. Total financial services customers were up 12.8 percent or 6.0 million to 53.2 million.

Tags: up group base revenue

 

Prepayment of Limited Tax Housing Revenue Bonds With Intrafund Loan, Fiscal Year 2019-20 Budget

2020-05-07 01:52:36| PortlandOnline

BCP-FIN-4.23

Tags: year limited tax budget

 

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