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Tag: triples
ZTE triples H1 profit on demand for 4G
2014-08-20 14:41:00| Telecompaper Headlines
(Telecompaper) ZTE confirmed a more than tripling in its first-half net profit, to CNY 1.13 billion from CNY 310 million a year earlier. While revenues were only up 0.5 percent to CNY 37.70 billion, the Chinese equipment maker managed to reduce operating costs and improve gross margins, driven by the growing number of 4G network deployments and a focus on more profitable contracts. It expects continued investment in new 4G networks in its home market to drive further growth in the second half. The company forecast net profit will more than triple in the first nine months of 2014 to CNY 1.7-1.9 billion, an increase of 208.2-244.5 percent from a year earlier. Revenues for the first six months in China were up 2.7 percent to CNY 19.26 billion, while international revenues fell 1.7 percent to CNY 18.44 billion, driven by declines in Africa and the rest of Asia. The group's gross margin rose by 4.0 percent points year-on-year to 29.5 percent, led by better margins on network equipment and software. ZTE increased research and development spending 13.8 percent to CNY 4.13 billion, equal to 10.9 percent of revenues. The company said it focused development on 4G, 5G, high-end routers and core chips.
Tags: demand
profit
triples
zte
India's Tata Motors Q1 profit triples
2014-08-11 16:42:53| Automakers - Topix.net
Tata Motors' net profit more than tripled in the first quarter, the Indian giant said today, as sales soared at its British luxury marque Jaguar Land Rover.
Tags: profit
motors
tata
triples
Warrens Marcellus Acquisition Doubles Reserves, Triples Production
2014-07-08 18:48:00| OGI
Warren is buying acreage it considers to be "the core of the core."
Tags: production
acquisition
reserves
doubles
GeneSeeks lab triples in size to enhance service to cattle producers
2014-06-19 23:28:06| Beef
GeneSeek, a Nebraska-grown leader in agrigenomics, will dedicate its new facilities in Lincoln on June 26, with the help of Nebraska Governor Dave Heineman, Lincoln Mayor Chris Beutler and other dignitaries. GeneSeek’s new facilities feature more than 30,000 square feet of laboratory and office space customized specifically for the core business of providing high quality, cost effective genomic services — compared to its previous 13,000 crowded square feet. The company moved into the new lab in May 2014 and is in full operation at the new facility. read more
Tags: service
size
enhance
lab
Tetra Pak Triples Production Rate For Chinese Dairy With High Speed Filling Machine
2014-04-21 09:39:37| dairynetwork News Articles
Tetra Pak recently announced that itsTetra Pak A3/ Speed filling machineforTetra Prisma® Aseptic portion packshas been successfully deployed with its first customer – Mengniu, a leading Chinese dairy
Tags: high
rate
production
speed
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