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Vodacom full-year net rises, flags tough domestic competition

2013-05-20 02:00:00| Total Telecom industry news

South African operator serves 51.7 million customers across its footprint.

Tags: net competition domestic tough

 

Flower Foods Q1 2013 net earnings surge on acquisition related gain

2013-05-20 01:00:00| Food Processing Technology

US-based baking company Flower Foods has reported that its net earnings for the first quarter of 2013 increased to $113.2m, compared with $37.9m for the same period in 2012 driven by acquisition related gain.

Tags: net related gain acquisition

 
 

Nordstrom 1st quarter net income slips

2013-05-17 07:29:02| Apparel - Topix.net

This May 9, 2013 photo shows a Nordstrom sign at a shopping mall in Brea, Calif.

Tags: net 1st income quarter

 

Sina Q1 revenue grows, net loss narrows

2013-05-17 06:15:00| Telecompaper Headlines

(Telecompaper) Chinese internet company Sina reported first quarter net revenue of USD 126 million, an increase of 19 percent year-over-year. Advertising revenues grew 20 percent year-over-year to USD 94.3 million, within the company's guidance of USD 94-96 million. Non-advertising revenues for the first quarter increased 14 percent year-over-year to USD 31.7 million, primarily thanks to Weibo services, which included revenue share from web games and membership fees on the microblogging platform. Mobile value-added service revenues decreased 17 percent year-over-year to USD 15.9 million. Gross margin rose to 51 percent from 46 percent. Net loss attributable to Sina narrowed to USD 13.2 million or USD 0.20 per share from USD 13.7 million or USD 0.21 per share. As of 31 March, Sina's cash, cash equivalents and short-term investments totalled USD 681.9 million. Sina estimates that its non-GAAP net revenues for the second quarter will be between USD 143 million and USD 147 million, including advertising revenues of USD 117-119 million and non-GAAP non-advertising revenues of USD 26-28 million.

Tags: net loss revenue sina

 

SIA posts S$68m net profit for Q4

2013-05-17 05:39:15| Airlines - Topix.net

Singapore Airlines booked a net profit of S$68 million in the fourth quarter of its financial year ending March 31, 2013, reversing a S$38 million loss recorded in the previous year.

Tags: net posts profit sia

 

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