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Coach books double-digit Q4 and FY profit hikes

2017-08-15 14:49:00| Daily apparel & textile news and comment - from just-style.com

Accessories business Coach Inc has seen its net income soar by more than 86% in the fourth quarter, but shares fell as it reported lower-than-expected quarterly sales.

Tags: books profit coach hikes


China Unicom H1 profit up 69% on lower revenues

2017-08-14 09:08:00| Telecompaper Headlines

(Telecompaper) China Unicom said it expects its service revenue for the first half of 2017 to reach CNY 124.1 billion, which represents an increase of 3.2 percent year-on-year. Mobile service revenue is expected to be around CNY 76.8 billion, up by 5.2 percent year-on-year. Due to the intense competition in the fixed-line broadband market, China Unicom estimates its broadband access revenue fell year-on-year, resulting in flat fixed-line service revenue of nearly CNY 46.6 billion.

Tags: china lower profit revenues


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.

Tags: up profit revenue quarterly


Tom Tailor returns to profit in Q2 as restructuring continues

2017-08-10 12:13:00| Daily apparel & textile news and comment - from just-style.com

Tom Tailor saw its share price climb nearly 15% in morning trading as the German fashion group revealed a return to a profit in its second-quarter thanks to "considerable progress" with its ongoing realignment strategy focusing on cost and process optimisation.

Tags: returns tom profit continues


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.

Tags: special china offers profit


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