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Lenovo lifts revenues, profits in Q3, boosted by first profit at Motorola

2019-02-21 09:10:00| Telecompaper Headlines

(Telecompaper) Lenovo said revenues for its fiscal third quarter to end December reached their highest level in four quarters, boosted by a higher pre-tax profit at Mobile Business Group (MBG), its first time since the acquisition of Motorola, and a strong performance at all major business groups. Revenues for the group lifted 8 percent from the year before to USD 14.035 billion. The operating profit meanwhile leaped 112 percent to USD 434 million, while the pre-tax profit more than doubled to USD 350 million from 150 million and the net result strengthened to a gain of USD 233 million from a loss of 289 million. Diluted earnings per share went to 1.92 cents, from a loss of 2.53 cents.

Tags: profit motorola profits revenues

 

Telenor lifts dividend 4% as Thai activities weigh on results

2019-01-30 09:10:00| Telecompaper Headlines

(Telecompaper) Telenor reported a small drop in fourth-quarter results, hurt by weakness in Thailand and Myanmar, while meeting its full-year outlook for stable underlying revenues and a 3 percent rise in EBITDA. The company forecast a similar performance in 2019 and raised its dividend by 4 percent.

Tags: on results activities thai

 
 

US lifts sanctions on Putin ally's firms

2019-01-28 00:26:32| BBC News | Business | UK Edition

The Trump administration lifts curbs on firms linked to Oleg Deripaska, despite objections from Democrats.

Tags: firms sanctions lifts putin

 

Oxea Lifts Force Majeure in Oberhausen, Germany

2019-01-04 13:05:00| Coatings World Breaking News

The production units there are running at normal capacity again.

Tags: germany force lifts majeure

 

Indonesia lifts restrictions on foreign investment in fabric printing

2018-12-11 14:47:00| Daily apparel & textile news and comment - from just-style.com

The Indonesian government is to relax foreign investment restrictions on a number of industry sectors - including fabric printing - in a bid to encourage exports and capital inflows.

Tags: foreign investment printing indonesia

 

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