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Planning For Production In A Cost-cutting Environment

2019-09-16 18:00:00| OGI

To maintain production, operators must drill new wells or optimize production on their existing ones.

Tags: production planning environment production planning

Kontoor Brands says cost-cutting is paying off

2019-08-08 15:18:00| Daily apparel & textile news and comment - from just-style.com

Kontoor Brands, the owner of the Wrangler and Lee brands that was recently spun-off from VF Corp, has reported a fall in revenues and profits for the second quarter but insists the restructuring and cost-saving actions it has taken to stabilise the business are paying off.

Tags: off brands paying costcutting

LG profits up in Q3 after cost-cutting reduces smartphone losses

2018-10-25 10:41:00| Telecompaper Headlines

(Telecompaper) LG Electronics reported a small rise in third-quarter revenues and higher profits, helped by reduced losses at its smartphone business and expansion in the automotive market. Total revenues were up 1.3 percent to KRW 15.43 trillion (USD 13.76 billion), and operating profit rose 45 percent to KRW 749 billion, slightly ahead of the company's preliminary report. Net profit jumped 48 percent to KRW 497 billion, helped by lower taxes and fewer one-time charges.

Tags: losses reduces profits smartphone

Nokia plans more cost-cutting as Q3 margins fall

2018-10-25 09:18:00| Telecompaper Headlines

(Telecompaper) Nokia has announced plans for another EUR 700 million in cost reductions, in order to meet its goal of raising the adjusted operating margin to 12-16 percent by 2020. The announcement came alongside third-quarter results showing a 1 percent fall in revenues and a drop in the margin to 8.9 percent.

Tags: fall plans nokia margins