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Exxon Mobil Signals First Profit in Five Quarters on Price Gains

2021-04-01 11:05:00| OGI

Exxon Mobil could top Wall Street estimates based on its March 31 securities filing, according to brokerage Raymond James & Associates.

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Huawei reports small increase in FY sales, profit despite US sanctions

2021-03-31 13:11:00| Telecompaper Headlines

(Telecompaper) Huawei managed to grow its sales and profits in 2020 despite the US government restrictions on the company...

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Huawei navigates US sanctions to make a profit in 2020

2021-03-31 02:00:00| Total Telecom industry news

2020 was a difficult year for the telecoms industry, but Huawei may have a strong claim when it comes to who had the roughest ride. On top of the coronavirus pandemic, numerous waves of US sanctions inhibited the company throughout the year, with the Trump administration pressuring nation’s around the world to exclude the vendor from their upcoming 5G networks. However, despite this seemingly unrelenting pressure, Huawei has today reported a profit for the 2020 financial year, making 64.6 billion yuan ($9…read more on TotalTele.com »

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ZTE sees Q1 net profit more than double after trunking sale

2021-03-17 08:26:00| Telecompaper Headlines

(Telecompaper) ZTE said it expects its first-quarter net profit to more than double year-on-year, to an estimated CNY 1.8-2.4 billion...

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RTL sees FY revenues, profit drop but TV streaming service subscribers up

2021-03-12 09:43:00| Telecompaper Headlines

(Telecompaper) RTL Group said its revenues fell by 9.5 percent year-on-year in 2020 to EUR 6.01 billion compared with EUR 6.65 billion in 2019, mainly due to...

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