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Samsung net profit jumps 73% in Q2 on strong chip demand, steady mobile business

2021-07-29 08:28:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics reported second-quarter revenues up 20 percent year-on-year to KRW 63.67 trillion, driven by the strong market demand for memory...

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Huawei's net profit jumps 28%, ships 153 mln smartphones in 2017

2018-03-30 09:09:00| Telecompaper Headlines

(Telecompaper) Huawei posted total annual revenue of CNY 603.6 billion (USD 92.5 billion) for 2017, which represents an increase of 15.7 percent from 2016. Net profit amounted to CNY 47.5 billion, up 28.1 percent year-on-year.

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SK Telecom's net income jumps 60% in 2017

2018-02-05 12:37:00| Telecompaper Headlines

(Telecompaper) South Korean operator SK Telecom posted revenues of KRW 17.520 trillion in 2017, operating income of KRW 1.537 trillion, and net income of KRW 2.658 trillion. Backed by higher sales in its media and IoT sectors, SK Telecom's revenue increased by 2.5 percent year-on-year. The operator also reports that, for the first time since 2014, it achieved a successful sales turnaround.

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Telecom Egypt Q2 net profit jumps on Vodafone dividend

2016-08-11 17:33:00| Telecompaper Headlines

(Telecompaper) Telecom Egypt (TE) reported a 175 percent increase in net profit to EGP 1.04 billion for the second quarter ended 30 June from EGP 378 million in the same period 2015. The operator attributed the growth to higher revenues, and an increase in income from investments, primarily attributable to Vodafone Egypt.

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NTT Group's 9-month net profit jumps more than 34%

2016-02-05 09:47:00| Telecompaper Headlines

(Telecompaper) Japanese operator NTT Group reported a 34.3 percent increase in its net profit for the nine months ended 31 December 2015 to JPY 604 billion. Revenues rose 3.8 percent year-on-year to JPY 8.49 trillion, and operating profit jumped 23.7 percent to JPY 1.1 trillion.

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