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Sony profits up on Spotify gain, mobile losses widen

2018-07-31 10:43:00| Telecompaper Headlines

(Telecompaper) Sony more than doubled its net profit in the fiscal first quarter to June, helped by the sale of its shares Spotify and a strong performance in Playstation sales. Net profit rose to JPY 174.8 billion, including a JPY 112.8 billion net gain from the Spotify sale, from JPY 62.70 billion in the year-earlier period. Net sales rose 5 percent to JPY 1.954 trillion, and adjusted operating profit improved 61 percent to JPY 195 billion. 

Tags: mobile sony gain losses

 

LG mobile losses widen in Q2 as sales fall 19%

2018-07-26 11:10:00| Telecompaper Headlines

(Telecompaper) LG Electronics saw losses at its smartphone business worsen in the second quarter, as the global market weakened and the company suffered from tough competition in the premium and mid-range segments. Revenues at the mobile division declined 19 percent year-on-year to KRW 2.07 trillion, and the operating loss widened to KRW 185 billion from KRW 140 billion a year ago and KRW 136 billion in Q1. 

Tags: sales mobile fall losses

 
 

America Movil Q4 losses widen on weaker peso, underlying revenue higher

2018-02-14 08:22:00| Telecompaper Headlines

(Telecompaper) America Movil saw its net loss nearly double in the fourth quarter, to MXN 11.3 billion from MXN 6.0 billion a year ago. The company was hurt by the depreciation in the Mexican peso versus the US dollar and euro. EBITDA rose 6.8 percent to MXN 70.2 billion, and operating profit was up 10.9 percent to MXN 28.6 billion, supported by improving economic conditions, the company said.

Tags: america higher revenue underlying

 

Delta Apparel Q3 losses widen on tax charges

2018-02-06 10:48:00| Daily apparel & textile news and comment - from just-style.com

Despite a pick-up in holiday demand for apparel, US activewear maker Delta Apparel saw its net losses widen in the first quarter, as a one-off tax charge and a margin decline in the basics segment weighed on results.

Tags: tax apparel charges delta

 

AkzoNobel, SOS Children\'s Villages Widen Global Partnership

2017-11-28 19:00:00| Coatings World Breaking News

Tags: global partnership villages sos

 

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