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Tag: profit grows
CBS 3Q profit grows, matches Wall St. expectations
2013-11-07 08:56:36| Telecom - Topix.net
The company denied that a dispute with Time Warner Cable, which resulted in a programming blackout for millions in August, hurt results in the quarter.
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Microsoft grows quarterly revenue, profit
2013-10-25 08:32:00| Telecompaper Headlines
(Telecompaper) Microsoft posted revenue of USD 18.53 billion for the quarter ended 30 September, up year-over-year from USD 16.01 billion. Its gross margin increased to USD 13.42 billion from USD 11.84 billion, and operating profit rose to USD 6.33 billion from USD 5.31 billion. Net income for the fiscal first quarter was USD 5.24 billion or USD 0.62 per share, up from USD 4.47 billion or USD 0.53 per share.
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JAPAN: Fast Retailing grows full-year profit on record sales
2013-10-10 17:47:00| Daily apparel & textile news and comment - from just-style.com
Fast Retailing, owner of the Uniqlo casual clothing brand, reported a surge in full-year profit after record sales offset a slight decline in gross margin.
Optus grows Q1 profit, SingTel completes satellite review
2013-08-14 03:08:00| Telecompaper Headlines
(Telecompaper) Optus posted a net profit for the quarter ended 30 June of AUD 167 million, up 8 percent from AUD 155 million in the year-ago quarter. Operating revenues slipped 5 percent to AUD 2.12 billion from AUD 2.24 billion in the year-ago period. In Mobile, revenues fell 6 percent due to the continuing effect of the mandated reduction in mobile termination rates, decreased equipment sales as device subsidies were reduced, and higher service credits associated with device repayment plans. However, operating expenses for the quarter dropped 9 percent to AUD 1.56 billion, driven by lower selling and administrative costs. EBITDA went up 5 percent to AUD 572 million from AUD 545 million and EBITDA margin increased 2.6 percentage points to 27 percent. Separately, parent SingTel announced it has completed the strategic review of the Optus Satellite business. Based on this review, SingTel says it is committed to growing and investing in the satellite business.
Tags: review
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SK Telecom grows Q2 profit more than triples
2013-07-31 06:45:00| Telecompaper Headlines
(Telecompaper) South Korean communications provider SK Telecom posted net profit of KRW 468 billion in the second quarter, up 288 percent from KRW 121 billion in the same period a year ago, as positive earnings from SK Hynix contributed KRW 197 billion to pre-tax profits. Operating revenues amounted to KRW 4.2 trillion, an increase of 3.9 percent from the same period last year. The increase was led by the growth of LTE subscribers and new businesses including B2B services. Mobile service revenue increased 4.5 percent year-on-year to KRW 2.8 trillion, while interconnection revenues decreased 18 percent year-on-year to KRW 217 billion resulting from the adoption of lower interconnection rates and new business, and other revenues increased 48 percent year-on-year to KRW 205 billion.
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