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Pernod Ricard profit hit by weak China demand

2015-02-12 09:31:45| Beverages - Topix.net

Alexandre Ricard has officially taken the reins at Pernod Ricard SA, marking the return of a member of the French liquor maker's founding family to the head of the group which is grappling with sluggish sales in some of its largest markets. Pernod Ricard said on Thursday that net profit fell 5% to EUR788 million for the first six months of its financial year as sales continued to be weighed down by slack demand in China.

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China Telecom 9-months profit jumps 9.4%

2014-10-28 08:14:00| Telecompaper Headlines

(Telecompaper) China Telecom reported revenues for the first nine months up 2.2 percent from the year before to CNY 243.6 billion. EBITDA was almost flat year-on-year at CNY 74.7 billion, with the EBITDA margin down to 34 percent from 35.6 percent the year earlier. Profit for the first three quarters jumped 9.4 percent to CNY 16.2 billion. Revenues from the sale of mobile terminals declined by 17 percent to CNY 23.3 million.

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Ericsson Profit Declines as Costs Offset Rising China Sales

2014-10-25 09:33:07| Appliances - Topix.net

Ericsson AB reported a 9.4 percent decline in third-quarter profit as it boosted spending to compete for contracts to build faster wireless networks in countries such as China. Net income fell to 2.65 billion kronor from 2.92 billion kronor a year earlier, Stockholm-based Ericsson, the world's largest maker of wireless networks, said today.

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Pernod Ricard sees profit fall due to China sales

2014-08-28 12:16:33| Beverages - Topix.net

Pernod Ricard has reported a 14% decline in net profit in the year to the end of June, as sales declined and currency movements had a negative impact on its bottom line.

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China Telecom profit rises as mobile data grows

2014-08-28 01:16:19| Wireless - Topix.net

Beijing a China Telecom Ltd., one of the country's three main state-owned carriers, said Wednesday its profit rose 11.8 percent in the first half of the year as its Internet and mobile data businesses grew.

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