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Puma FY profit jumps on stronger sales

2019-02-18 14:33:00| Daily apparel & textile news and comment - from just-style.com

German sports brand Puma has reported a 38% profit jump for the year to EUR187.4m on the back of stronger sales.

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Softbank quarterly profit jumps on investment gains

2018-08-06 12:04:00| Telecompaper Headlines

(Telecompaper) Softbank saw its net profit jump to JPY 313.7 billion in the fiscal first quarter to June from JPY 5.5 billion a year earlier, thanks largely to gains on its investments in companies such as Flipkart and WeWork and the spin-off of ARM's Chinese business. Net sales rose 4 percent to JPY 2.273 trillion, and adjusted EBITDA was up 3 percent to JPY 721.8 billion. 

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Singtel's FY profit jumps 41% to SGD 5.4 bln

2018-05-17 08:56:00| Telecompaper Headlines

(Telecompaper) Singapore operator Singtel ended the financial year with a net profit of SGD 5.45 billion, which represents an increase of 41.5 percent year-on-year. Revenue growth was mainly boosted by gains from the divestment of NetLink Trust and a strong performance by its core business, Singtel said. Operating revenue for the full year was up 5 percent to SGD 17.53 billion while EBITDA rose 2 percent, reflecting higher mobile and fixed broadband customer numbers in Australia and contributions from the Group's digital businesses.

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Facebook profit jumps 63% in Q1, grows to 2.2 bln monthly users

2018-04-25 22:57:00| Telecompaper Headlines

(Telecompaper) Facebook reported a strong increase in sales and earnings in the first quarter, with growth rates accelerating from the previous quarter. Revenues rose 49 percent year-on-year to USD 11.97 billion, and net profit was up 63 percent to USD 4.99 billion or USD 1.69 per share. 

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Huawei's net profit jumps 28%, ships 153 mln smartphones in 2017

2018-03-30 09:09:00| Telecompaper Headlines

(Telecompaper) Huawei posted total annual revenue of CNY 603.6 billion (USD 92.5 billion) for 2017, which represents an increase of 15.7 percent from 2016. Net profit amounted to CNY 47.5 billion, up 28.1 percent year-on-year.

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