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Australia: Shares slip on Wall St, Wesfarmers up on deal to sell broker unit

2014-04-07 08:40:26| Agriculture - Topix.net

Heavy eight banking stocks, which have had a stellar run in recent months, weighed on the broader market as investors took some money off the table.

Tags: sell australia unit deal

PHILIPPINES: San Miguel Brewery FY profits slip as duty rate bites

2014-03-28 12:10:00| Daily beverage news and comment - from just-drinks.com

San Miguel Brewery has blamed high duty rates for dragging down its full-year volumes, while profits also slipped.

Tags: rate san duty philippines

US stocks slip as tensions with Russia simmer

2014-03-24 22:47:03| Biotech - Topix.net

A sell-off in technology stocks Monday pulled the broader market lower as investors unloaded some of the biggest names in the industry.

Tags: russia stocks slip tensions

China Mobile's profits slip 6%

2014-03-21 02:12:00| Telecompaper Headlines

(Telecompaper) China Mobile's net profit for 2013 was down 5.9 percent at CNY 121.7 billion due to infrastructure and business investments during the year. Revenues grew 8.3 percent to CNY 630.2 million, which includes CNY 590.8 billion in telecommunications services revenues, up 5.4 percent year-on-year. Voice services revenues were slightly down at CNY 355.7 billion but data services revenues were up at CNY 206.9 billion. Other telecommunications services revenues grew to CNY 28.2 billion. EBITDA slipped 5.2 percent to CNY 240.4 billion and EBITDA margin stood at 38.2 percent, down by 5.4 percentage points. Capex in 2013 totalled CNY 184.9 billion and for 2014 the company has earmarked CNY 225.2 billion. China Mobile ended the year with 767 million mobile customers, up 8 percent from 2012, which includes 191.62 3G subscribers.

Tags: china mobiles slip profits