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Tag: revenues
SK Telecom's Q1 revenues rise nearly 3% on growing 5G subscriber base
2020-05-07 09:19:00| Telecompaper Headlines
(Telecompaper) South Korean operator SK Telecom posted first-quarter revenues of KRW 4.45 trillion, which represents an increase of 2.7 percent, mainly boosted by 5G subscriber base growth and development of new businesses, including media, security and commerce. Operating income was down 6.4 percent to KRW 302.0 billion due to expanded 5G network investment costs including 5G spectrum licensing fees. First-quarter net income amounted to KRW 306.8 billion, plunging 17.9 percent affected by factors including decreased equity method gains from SK Hynix.
Tags: base
growing
rise
revenues
Telefonica says limited impact from Covid-19 as Q1 organic revenues fall 1%
2020-05-07 08:54:00| Telecompaper Headlines
(Telecompaper) Telefonica said it has seen limited impact on results so far from the Covid-19 pandemic, with the negative effects largely offset by positive effects elsewhere. Nevertheless the company has withdrawn its financial guidance for 2020 due to the uncertain economic climate and said it will make its next two dividend payments in stock, while it focuses on maintaining stable operating cash flow.
Tags: limited
fall
impact
organic
Telefonica Germany grows revenues, OIBDA in Q1, confirms outlook for 2020
2020-05-06 09:42:00| Telecompaper Headlines
(Telecompaper) Telefonica Germany said its revenues grew by 3.8 percent year-on-year in Q1 to EUR 1.84 billion, in line with expectations. The company confirmed its guidance for the fiscal year 2020, for flat to slightly higher revenues, broadly stable to slightly higher adjusted OIBDA and capex at 17-18 percent of revenues, while continuing to monitor the impact of the Covid-19 crisis.
Tags: germany
outlook
revenues
grows
US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues
2020-05-02 12:55:44| Green Car Congress
Tags: significant
efforts
traffic
decline
Amazon revenues jump in Q1 but profit takes a backseat on covid-19-related expenses
2020-05-01 09:26:00| Telecompaper Headlines
(Telecompaper) Amazon reported revenues up 26 percent from the year before in the first quarter to USD 75.5 billion, beating expectations, but profit came under pressure from higher costs amid the coronavirus pandemic, with the operating profit down to USD 4.0 billion from 4.4 billion and the net profit off at USD 2.5 billion or USD 5.01 per diluted share, from 3.6 billion and 7.09 per share. Operating expenses jumped to USD 71.463 billion from 55.280 billion. Looking ahead, CEO Jeff Bezos told shareholders to "take a seat, because we are not thinking small." Amazon plans to plow its USD 4 billion operating profit back into the company, on covid-19-related expenses, on getting products to customers and on keeping employees safe.
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