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China Telecom grows FY net profit 14% after mobile expansion
2019-03-19 09:45:00| Telecompaper Headlines
(Telecompaper) China Telecom reported net profit for 2018 up 13.9 percent to CNY 21.2 billion, supported by its strong growth in the mobile market. Revenues rose 3.0 percent to CNY 377.1 billion, and EBITDA increased 2.0 percent to CNY 104.2 billion, for a slight fall in the margin to 29.7 percent.
Facebook grows Q4 revenues 30%, net profit up over 60% as user growth undiminished
2019-01-31 08:37:00| Telecompaper Headlines
(Telecompaper) Facebook's fourth-quarter results showed little signs of a slowdown, with revenues up 30 percent year-on-year to USD 16.91 billion. The company's net profit soared 61 percent to USD 6.88 billion, helped by a sharp fall in its tax bill. Operating profit rose a slower 6 percent to USD 7.82 billion, and the margin fell to 46 percent from 57 percent a year ago.
China Mobile's 9-month profit grows 3%, revenue slightly declines
2018-10-23 09:08:00| Telecompaper Headlines
(Telecompaper) China Mobile posted operating revenue of CNY 567.7 billion for the first three quarters of 2018, which represents a decline of 0.3 percent year-on-year. Revenue from telecommunications services was CNY 518.4 billion, up by 0.6 percent over the same period last year. EBITDA was CNY 214.1 billion, up by 3.1 percent over the same period of 2017, while profit reached CNY 95 billion, up by 3.1 percent year-on-year.
Tags: china
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China Telecom grows H1 service revenue 7%, net profit up 8%
2018-08-20 09:09:00| Telecompaper Headlines
(Telecompaper) China Telecom reported first-half revenues up 4.7 percent year-on-year to CNY 193 billion. Service revenue was up 7.0 percent to CNY 177.6 billion and would have risen 8.5 percent without the impact of new accounting rules, the company said.
Facebook profit jumps 63% in Q1, grows to 2.2 bln monthly users
2018-04-25 22:57:00| Telecompaper Headlines
(Telecompaper) Facebook reported a strong increase in sales and earnings in the first quarter, with growth rates accelerating from the previous quarter. Revenues rose 49 percent year-on-year to USD 11.97 billion, and net profit was up 63 percent to USD 4.99 billion or USD 1.69 per share.
Tags: users
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