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Tag: profits
Landstar System Reports Record 4Q Profits
2013-02-02 09:19:17| Trucking - Topix.net
Landstar System, , Jacksonville, Fla., record diluted earnings per share of 73 cents in the 2012 fourth quarter compared to 70 cents in the fourteen week 2011 fourth quarter.
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Manitowoc Company reports strong jump in quarterly profits
2013-02-01 23:40:10| Industrial Machines - Topix.net
The Manitowoc Company said its quarterly profits more than doubled from a year ago, thanks to a nearly 12 percent increase in its sales of construction cranes.
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Analysis: Rate pressures on pensions wipe out billions in profits
2013-02-01 09:40:37| IT Services - Topix.net
Pension charges wiped out more than $20 billion in fourth-quarter earnings at major American companies, as persistently low interest rates leave some of those with the largest retiree burdens no choice but to assume they need more money now to cover liabilities later.
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KT's Q4 profits tumble 55%
2013-02-01 01:39:00| Telecompaper Headlines
(Telecompaper) South Korean operator KT saw its fourth quarter net income tumble 54.6 percent to KRW 94 billion from KRW 207 billion in the year-ago quarter as expenses increased. Revenues rose 3.6 percent to KRW 6.20 trillion from KRW 5.99 trillion in the year-ago quarter. Wireless revenues fell 0.9 percent to KRW 1.70 trillion due to interconnection fee adjustments and tariff discounts, while fixed-line revenues tumbled 8.4 percent as PSTN reveneuss fell to KRW 1.55 trillion. Media/content revenues increased 50 percent to KRW 323 billion on subscriber and ARPU growth, finance/rental revenues were up 14.6 percent to KRW 955 billion as BC Card and kt Rental were consolidated, and other revenues totalled KRW 355 billion, up 3.8 percent year-on-year. However, EBITDA slipped 5.8 percent to KRW 908 billion. KT ended the fourth quarter with 17.44 million mobile subscribers, up 0.7 percent year-on-year, which includes 3.90 million LTE customers. The company also had 18.67 million telephony customers, down 2.6 percent, 8.04 million broadband subscribers, up 2.7 percent, and 4.03 million IPTV subscribers, up 31 percent year-on-year.
BT profits up but revenue down across the board
2013-02-01 01:00:00| Total Telecom industry news
U.K. incumbent blames Europe's economic woes, regulation for 6% revenue slide; shares up as pretax profit beats expectations.
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