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China Mobile's H1 revenue grows 5%, profit up 3.5%; offers special dividend

2017-08-10 09:42:00| Telecompaper Headlines

(Telecompaper) China Mobile posted operating revenue of CNY 388.9 billion for the first six months of 2017, which represents an increase of 5 percent from the year-earlier period. EBITDA reached CNY 140.7 billion, up 4.7 percent in the period, while profit rose 3.5 percent year-on-year to CNY 62.7 billion in the first half of 2017.  The company's board has declared payment of a one-off special dividend of HKD 3.200 per share in celebration of the group's 20th anniversary on the stock market.

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Softbank quarterly revenue up 2.8%, opg profit grows on Sprint improvement

2017-08-07 10:42:00| Telecompaper Headlines

(Telecompaper) Net income plunged 88.8 percent to JPY 30.5 billion in the quarter, due mainly to financial and derivative losses related to the company's stake in Alibaba. Operating income amounted to JPY 479.2 billion, which represents an increase of 50.1 percent year-on-year, due largely to the inclusion of the new Softbank investment fund. Excluding the Softbank Vision Fund, operating profit was up 17.2 percent to JPY 374.0 billion, led by growth at Sprint and Yahoo Japan. 

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STEADY REVENUE GROWTH, PROFIT HIGHLIGHT RES' FIRST 5 YEARS

2017-06-19 12:08:31| Carrier Hotels

SACRAMENTO, California (July 11, 2005) - RagingWire Enterprise Solutions, Inc. (RES), a leading IT outsourcing provider of software as a service and on-demand solutions, today announced the company has averaged 94 percent revenue growth and 256 percent average client...

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China Mobile revenue up, profit slightly declines in 2015

2016-03-17 11:03:00| Telecompaper Headlines

(Telecompaper) China Mobile reported operating revenue of CNY 668.3 billion for 2015, which represents an increase of 2.6 percent year-on-year. Revenue from telecommunications services totaled CNY 584.1 billion, down 1.3 percent compared to 2014. EBITDA was CNY 240 billion, down by 0.7 percent. Profit reached CNY 108.5 billion, down 0.6 percent.

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Valspar's Revenue, Profit Down in Q1

2016-02-22 10:06:50| Chemicals - Topix.net

Faced with difficult year-over-year comparisons, Valspar posted double-digit sales declines in both its Paints and Coatings segments for the first quarter of fiscal 2016. "The results in the first quarter were in line with our expectations," said Gary E. Hendrickson, chairman and CEO of the Minneapolis-based company.

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