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Honda Net Profit Grows 20%
2014-07-29 10:15:17| Auto Dealers - Topix.net
Honda Motor Co. said Tuesday that its earnings rose 20% in the latest quarter, when it benefited from growth in global auto sales, but was held back by delayed model introductions.
Lenovo's Q1 profit grows 25 percent on PC, smartphone gains
2014-05-21 16:03:14| InfoWorld: Top News
Lenovo's net profit grew 25 percent year-over-year in the first quarter as the Chinese company continued to make gains in the PC and smartphone markets. During the period ended March 31, Lenovo's net profit reached $158 million, up from $127 million a year earlier. The company's revenue also increased, by 19 percent to $9.4 billion.
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China Telecom grows 2013 profit 17%
2014-03-20 00:33:00| Telecompaper Headlines
(Telecompaper) China Telecom reported a profit of CNY 17.55 billion for 2013, up 17.4 percent from CNY 14.95 billion profit for 2012. Operating revenues grew 13.6 percent to CNY 321.58 billion as mobile revenues went up 28.3 percent to CNY 151.19 billion and fixed-line revenues increased 3.1 percent to CNY 170.40 billion. EBITDA went up 36.2 percent to CNY 96.55 billion. In 2013, capital expenditure was CNY 79.99 billion, an increase of 48.8 percent fro 2012. China Telecom ended the year with 186 million mobile subscribers, up by 24.96 million, with 3G subscribers totalling 103 million, up by 34.06 million customers over the year. The company also served 100 million fixed-line broadband customers, up by 9.98 million, but the number of access lines in service fell by 7.20 million to 156 million.
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America Movil grows net profit 15.7% in Q4
2014-02-12 08:44:00| Telecompaper Headlines
(Telecompaper) America Movil reported fourth-quarter net profit of MXN 17.2 billion, up 15.7 percent from a year earlier. The result included a charge of MXN 10.2 billion for foreign exchange losses. EBITDA improved 1.4 percent to MXN 63.5 billion, and revenues were up 3.1 percent to MXN 204 billion. Excluding exchange rate effects, EBITDA rose 5.7 percent and revenues rose 7.8 percent, with a 5.4 percent increase in service revenues. The main growth drivers were mobile data and pay-TV, which grew at constant rates by 18.8 and 21.8 percent respectively. America Movil finished the year 339 million revenue-generating units, up 4.2 percent from 2012. In the fourth quarter alone, the company added 4.8 million mobile customers and 1.2 million RGUs at its fixed-line businesses. This gave it a total 270 million mobile users and 69 million fixed RGUs at the end of 2013. The company's net debt increased over the year from MXN 372 billion to MXN 447 billion, equal to 1.7 times EBITDA. This helped fund MXN 130 billion in capital expenditure, MXN 86.5 billion in shareholder returns and MXN 15.4 billion on acquisitions last year.
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US: PVH Corp Q3 profit grows on Warnaco acquisition
2013-12-10 12:19:00| Daily apparel & textile news and comment - from just-style.com
Apparel giant PVH Corp has recorded a double-digit increase in third-quarter profit, but warned of a competitive and highly promotional holiday season.
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