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China Telecom net profit down 9.2% in Q1

2015-04-28 10:40:00| Telecompaper Headlines

(Telecompaper) China Telecom reported first-quarter revenues down 2.1 percent year-on-year to CNY 81.45 billion. Service revenues slightly decreased by 0.2 percent to CNY 72.7 billion. EBITDA also decreased by 2.2 percent to CNY 24.5 billion, while net profit went down 9.2 percent to CNY 5 billion. For the first quarter of 2015, the number of mobile subscribers of the group reached 189 million, following a cumulative net addition of 3.20 million users in the period.

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Kia Motors Q1 net profit up 3.1 percent

2015-04-24 17:03:35| Automakers - Topix.net

Kia Motors Corp., South Korea's second-largest automaker, said Friday its first quarter net profit rose slightly from a year earlier despite falls in sales revenue. Net income came to 903.2 billion won during the January-March period, up 3.1 percent from a year earlier, the company said in a regulatory filing.

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DTAC revenues, net profit decline in Q1

2015-04-24 14:19:00| Telecompaper Headlines

(Telecompaper) Thai mobile operator DTAC's total revenues for the first quarter increased by 1.9 percent to THB 22.8 billion, mainly boosted by handset sales and mobile data revenue growth, offset by a decline in voice revenue, the company said. Service revenue decreased 3.6 percent year-on-year to THB 16.7 billion. Handset and starter kit sales rose by 35 percent year-on-year, while voice revenue amounted to THB 7.7 billion, which represents a decrease of 18 percent in the period. Data revenue reached THB 7.4 billion, increasing by 13 percent from the first quarter of 2014.

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America Movil posts Q1 net profit slide, fails to win TV licence

2015-04-24 02:00:00| Total Telecom industry news

Mexican telco under pressure in its home market as regulatory measures hit growth, while currency effects affect group bottom line.

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ZTE Q1 revenue, net profit surges

2015-04-23 02:00:00| Total Telecom industry news

Chinese vendor's results boosted by strong demand for 4G network equipment.

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