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Softbank doubles revenues, net profit stable in Q3

2014-02-12 11:53:00| Telecompaper Headlines

(Telecompaper) Japanese communications provider Softbank posted a net profit of JPY 93.3 billion for its fiscal third quarter to December, down slightly from JPY 94.23 billion due to losses at its US operator Sprint. EBITDA improved to JPY 483.7 billion from JPY 286.3 billion, and revenues nearly doubled, to JPY 1.963 trillion from JPY 842.3 billion. Capital expenditure also doubled, to JPY 404.6 billion from JPY 201.4 billion, leading to a drop in operating cash flow to JPY 46.4 billion from JPY 74.3 billion. In Japan, the company posted higher revenues at all its mobile operations - Softbank Mobile, eAccess and Willcom - helped by the net addition of 1.384 million new customers in the three months. Mobile revenues rose to JPY 817 billion from JPY 630 billion a year earlier, and EBITDA improved to JPY 275 billion from JPY 197 billion, in part due to the acquisitions of eAccess, GungHo, Supercell and Willcom. Handsets sales jumped to 3.713 million from 3.150 million in the preceding quarter, but ARPU continued lower, at JPY 4,090 versus JPY 4,120 in the previous quarter and JPY 4,300 a year earlier. At the company's fixed broadband unit, ADSL subscribers fell to 1.921 million from 1.997 million at the end of September, while fibre customers rose to 2.378 million from 2.290 million over the same period. 

Tags: net profit stable revenues

 

Honda 3Q profit doubles, sales get weak yen boost

2014-01-31 09:50:21| Automakers - Topix.net

Honda Motor Co. reported on Friday a 160.7 billion yen net profit for the October-December fiscal third quarter, up from 77.4 billion yen the year before.

Tags: sales profit honda weak

 
 

LG Electronics Q4 profit doubles on strong Black Friday TV sales

2014-01-27 08:24:56| Electronics - Topix.net

LG Electronics Inc beat analyst estimates by doubling its fourth-quarter profit as heavy promotional activity lifted TV sales during the post-Thanksgiving holiday shopping kickoff known as Black Friday in the United States.

Tags: tv black sales friday

 

Supervalu profit nearly doubles as smaller company

2014-01-09 19:06:28| Grocery - Topix.net

Shares of Supervalu rose Thursday after the grocery store operator reported a higher quarterly profit less than a year after trimming its operations.

Tags: company smaller profit doubles

 

Supervalu profit nearly doubles as smaller company

2014-01-09 18:24:29| Food - Topix.net

Shares of Supervalu rose Thursday after the grocery store operator reported a higher quarterly profit less than a year after trimming its operations.

Tags: company smaller profit doubles

 

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