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China Mobile revenue grows 4.5%, profit up 5% in 2017

2018-03-22 07:32:00| Telecompaper Headlines

(Telecompaper) China Mobile had 113 million wireline broadband customers at 31 December 2017, following a net addition of 35.06 million users in the period. The total number of household broadband customers reached 109 million at end-2017, with a net addition of 34.95 million. This accounted for 75.6 percent of the total number of new household customers in the market during the period, the company said. The number of subscribers of its digital set-top box 'Mobaihe' reached 57.25 million, and the household broadband blended ARPU topped CNY 33.3, up by 17.5 percent compared to 2016.

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SK Hynix's revenue grows 75%, profit jumps 260% in 2017

2018-01-25 09:17:00| Telecompaper Headlines

(Telecompaper) Fourth-quarter revenue amounted to KRW 9.03 trillion, up 69 percent year-on-year, and operating profit jumped 191 percent to KRW 4.47 trillion, with an operating margin of 49 percent. Net income for the quarter was KRW 3.22 trillion, an increase of 98 percent year-on-year.

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LG operating profit recovers on strong revenue growth in Q4

2018-01-08 08:57:00| Telecompaper Headlines

(Telecompaper) LG said preliminary results for the fourth quarter showed a recovery in its operating profit and strong revenues. The company expects revenues for the quarter to amount to KRW 16.96 trillion, an increase of 14.8 percent year-on-year. The operating result will reach KRW 366.8 billion from a loss the year earlier of 35.2 billion.

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Axiata's 9-month revenue grows 15%, profit jumps 14%

2017-11-23 11:04:00| Telecompaper Headlines

(Telecompaper) Axiata Group reports that its revenue increased by 15 percent to MYR 18.1 billion for the nine months of financial year 2017, from MYR 15.8 billion in the corresponding period of 2016. Revenue growth was mainly driven by data segment with data revenue contributing 44 percent of service revenue as compared to 33 percent in the year-earlier period.

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Singtel's quarterly profit drops nearly 6%, revenue up 8%

2017-08-11 12:08:00| Telecompaper Headlines

(Telecompaper) Singtel reported operating revenue up 8.3 percent year-on-year to SGD 4.23 billion in the quarter ended 30 June. EBITDA was up nearly 3 percent to SGD 1.26 billion, while net profit fell 6 percent year-on-year to SGD 892 million, as a result of lower associates' contributions and exceptional charges for workforce restructuring at Optus. Free cash flow was SGD 1.2 billion.

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