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SingTel's half-year profit plunges 60%, revenue up 3%

2018-11-08 08:08:00| Telecompaper Headlines

(Telecompaper) Singapore operator Singtel saw its operating revenue grow 3 percent year-on-year in constant currency terms to SGD 8.40 billion in the half-year ended 30 September, underpinned by strong postpaid mobile customer growth and higher equipment sales across Singapore and Australia. EBITDA fell 3 percent in constant currency terms, driven by lower NBN migration revenues in Australia, lower voice revenue, as well as investments in the Group's digital businesses. 

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China Mobile's 9-month profit grows 3%, revenue slightly declines

2018-10-23 09:08:00| Telecompaper Headlines

(Telecompaper) China Mobile posted operating revenue of CNY 567.7 billion for the first three quarters of 2018, which represents a decline of 0.3 percent year-on-year. Revenue from telecommunications services was CNY 518.4 billion, up by 0.6 percent over the same period last year. EBITDA was CNY 214.1 billion, up by 3.1 percent over the same period of 2017, while profit reached CNY 95 billion, up by 3.1 percent year-on-year.

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China Telecom grows H1 service revenue 7%, net profit up 8%

2018-08-20 09:09:00| Telecompaper Headlines

(Telecompaper) China Telecom reported first-half revenues up 4.7 percent year-on-year to CNY 193 billion. Service revenue was up 7.0 percent to CNY 177.6 billion and would have risen 8.5 percent without the impact of new accounting rules, the company said. 

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Lenzing H1 profit and revenue take a tumble

2018-08-09 14:31:00| Daily apparel & textile news and comment - from just-style.com

Volatile prices for standard viscose and price increases for key raw materials weighed on Lenzing in the first half of 2018, with the Austrian cellulosic fibre producer also warning of challenging market conditions for the second half of the year.

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Singtel's quarterly profit drops 7%, revenue stable year-on-year

2018-08-08 07:47:00| Telecompaper Headlines

(Telecompaper) Singtel announced that its operating revenue was stable at SGD 4.13 billion in the quarter ended 30 June. Revenue increased 2 percent in constant currency terms. Australia performed strongly, registering higher customer growth across both the consumer and enterprise segments, while mobile data remained a key growth driver. EBITDA was stable in constant currency terms.

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