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ZTE sees Q1 profit more than doubling
2014-04-10 19:12:00| Telecompaper Headlines
(Telecompaper) ZTE said it expects to first-quarter profit to be at least double that from the same period last year, reflecting the strengthening of its core operations. Net profit is estimated at CNY 425-637 million, a year-on-year increase of between 107.3 and 210.7 percent, according to ZTE's preliminary results announcement filed with the Hong Kong stock exchange. ZTE expects to record significant increases in gross profit and gross margin, thanks to its increased focus on servicing higher-margin contracts. Operating revenue from 4G infrastructure systems in China as a percentage of overall revenue increased, while gross margins for international projects improved. ZTE said it's optimistic about its business prospects due to the acceleration in 4G network deployments and demand for 4G mobile devices.
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profit
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doubling
US: Karl Lagerfield sees PVH investment as big asset
2014-04-10 19:09:00| Daily apparel & textile news and comment - from just-style.com
Apparel giant PVH Corp has taken a minority shareholding in the parent company of the Karl Lagerfeld brand, reuniting the two companies again after a gap of four years.
Tags: big
investment
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karl
US: Karl Lagerfield sees PVH stake as big asset
2014-04-10 18:35:40| Daily apparel & textile news and comment - from just-style.com
Apparel giant PVH Corp has taken a minority shareholding in the parent company of the Karl Lagerfeld brand, reuniting the two companies.
Cargill Sees Earnings Dip
2014-04-10 02:00:00| ThePigSite - Industry News
US - US agrifoods giant Cargill has shown net earnings of $319 million in the third quarter of the financial year, down 28 per cent from $445 million in the same quarter a year ago.
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earnings
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cargill
Amanda Knox house: Infamous 'murder house' sees major price reduction
2014-04-09 10:15:36| Real Estate - Topix.net
An Italian court released its verdict in the murder trial of Amanda Knox and found her and former Italian boyfriend, Raffaele Sollecito guilty.
Tags: price
house
major
reduction
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