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Tag: profits
Film and TV lift Time Warner profits
2013-08-07 15:55:34| BBC News | Business | UK Edition
Time Warner sees its second-quarter profit jump by 87%, helped by a strong performance at its film and TV arms.
INDIA: Grasim Industries second quarter profits fall
2013-08-07 14:37:45| Daily apparel & textile news and comment - from just-style.com
Aditya Birla subsidiary Grasim Industries said viscose staple fibre prices remained under pressure due to overcapacity in China during the second quarter.
Tags: fall
india
industries
quarter
US: Coca-Cola Bottling Co Consolidated H1 profits rise
2013-08-07 13:50:00| Daily beverage news and comment - from just-drinks.com
Coca-Cola Bottling Co Consolidated has admitted to "softer than expected" first-half sales and volumes but said it hopes to secure new territory from the Coca-Cola Co late next year.
Tags: rise
consolidated
profits
bottling
Globe's H1 profits tumble 72% on upgrade costs
2013-08-07 04:08:00| Telecompaper Headlines
(Telecompaper) Philippines communications provider Globe Telecom saw its first half profit tumble 72 percent to PHP 1.41 billion from PHP 4.96 billion in H1 2012 as the year-on-year improvement in EBITDA was not enough to cover the increase in accelerated depreciation charges related to network transformation projects. Core net income, which excludes non-recurring charges and foreign exchange and mark-to-market gains and losses, was up 13 percent year-on-year to PHP 6.4 billion. Service revenues went up 9 percent to PHP 44.5 billion from PHP 40.8 billion. Mobile revenues were PHP 35.8 billion, up 8 percent year-on-year, while broadband revenues grew 25 percent to PHP 4.11 billion. Fixed-line data revenues totalled PHP 2.02 billion, up 12 percent, but fixed-line voice revenues were PHP 1.36 billion, down 6 percent from the year-ago quarter. Globe ended the quarter with 36.1 million mobile subscribers, up 14 percent year-on-year, while the number of broadband subscribers reached 1.8 million, up 15 percent. EBITDA went up to PHP 18.9 billion from PHP 17.7 billion as the revenue gains fully covered the increase in subsidy and operating expenses. However, EBITDA margin was flat at 43 percent. Capex was 66 percent higher at PHP 19.4 billion, as Globe continues its network and IT modernisation programmes.
Tags: costs
upgrade
profits
globes
US: MillerCoors aims for premium light boost after H1 profits dip
2013-08-06 16:35:59| Daily beverage news and comment - from just-drinks.com
MillerCoors has suffered from a "tough" second-quarter in volume sales, leading to a drop in H1 profits.
Tags: light
premium
aims
boost
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