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ZTE revenue growth accelerates to 37% in Q3

2020-10-28 14:59:00| Telecompaper Headlines

(Telecompaper) ZTE announced revenues of CNY 74.13 billion for the first nine months of 2020, an increase of 15.4 percent from the year-earlier period. The company's growth accelerated in the third quarter, to 37.2 percent to CNY 26.93 billion in revenue, compared to a 5.8 percent increase in sales reported for the first half of the year. 

Tags: growth revenue q3 accelerates

 

Microsoft maintains quarterly revenue growth at 12% on demand for Azure, consumer products

2020-10-28 09:02:00| Telecompaper Headlines

(Telecompaper) Microsoft maintained solid double-digit growth in its fiscal first quarter to September, thanks to demand for its cloud services as well as consumer products. Revenue rose 12 percent year-on-year to USD 37.2 billion, slowing only slightly from 13 percent growth in the previous quarter. Operating profit was up 25 percent to USD 15.9 billion, and net profit jumped 30 percent to USD 13.9 billion. 

Tags: products growth microsoft consumer

 
 

Liberty Oilfield Posts Quarterly Loss; Forecasts Frac Fleet Growth

2020-10-27 23:00:00| OGI

Liberty Oilfield Services reported a smaller-than-expected quarterly loss on Oct. 27 and forecast sequential growth in active frac fleets, as producers restore oil volumes, driven by an uptick in prices.

Tags: posts loss growth quarterly

 

Vinted eyes secondhand market growth with United Wardrobe buy

2020-10-27 12:42:00| Daily apparel & textile news and comment - from just-style.com

European secondhand fashion marketplace Vinted has acquired what is claimed to be the largest secondhand fashion platform in the Netherlands, United Wardrobe.

Tags: buy united market eyes

 

Turkish denim major Mavi doubles down on global growth

2020-10-27 11:06:00| Daily apparel & textile news and comment - from just-style.com

Mavi, the Turkish denim giant, sold 9.7 million pairs of jeans worldwide in 2019 - and is ploughing on with its global expansion despite ongoing uncertainties around the Covid-19 pandemic, its CEO and director, Cüneyt Yavuz, tells just-style.

Tags: major global growth turkish

 

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