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China Mobile grows H1 sales 7% on strong 4G uptake
2016-08-11 09:08:00| Telecompaper Headlines
(Telecompaper) China Mobile reported improving results in the first half of 2016, growing operating revenue 7.1 percent year-on-year to CNY 370.4 billion. Growth in telecom service revenues improved to 6.9 percent to CNY 325.4 billion, compared to an increase of 4.9 percent in the first quarter of 2016. EBITDA rose 2.9 percent to CNY 134.4 billion, and net profit increased 5.6 percent to CNY 60.6 billion. The company declared an interim dividend of HKD 1.489 per share.
Tags: sales
china
mobile
strong
Huawei grows H1 sales 40% to CNY 245.5 billion
2016-07-25 08:33:00| Telecompaper Headlines
(Telecompaper) Huawei announced its sales rose 40 percent year-on-year in the first half of 2016 to CNY 245.5 billion. The company's operating margin was 12 percent. CFO Sabrina Men said the company achieved "steady growth" across all three of its business groups, but did not provide further results. She said Huawei is expected to "maintain its current momentum" in the rest of the year.
Qualcomm grows quarterly sales more than expected
2016-07-21 08:50:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported an improvement in results for its fiscal third quarter to June, as the company rebuilds its licensing business in China, the world's biggest market for smartphones. Revenues rose 4 percent year-on-year and 9 percent sequentially to USD 6.0 billion, better than the company's forecast, and operating profit was up 29 percent annually to USD 1.6 billion. Sales were helped by USD 235 million in deferred revenue recognised after settling its licensing dispute with LG. Net profit increased 22 percent to USD 1.4 billion, and adjusted EPS jumped 17 percent to USD 1.16, with an 11-cent boost from the LG deal. MSM chip shipments were still down 11 percent year-on-year to 201 million, but grew 6 percent compared to Q2 and came in higher than forecast.
Tags: sales
expected
quarterly
grows
Google grows quarterly sales 17% to over USD 20 bln
2016-04-22 08:28:00| Telecompaper Headlines
(Telecompaper) Alphabet, the parent company of Google, reported first-quarter sales up 17 percent year-on-year to USD 20.257 billion. Excluding currency effects, revenues rose 23 percent. The company's operating margin was stable at 26 percent, and net profit rose to USD 4.207 billion or USD 6.02 per share from USD 3.515 billion or USD 5.10 a year ago. Google alone, excluding the company's 'other bets', also posted revenues up 17 percent, at USD 20.091 billion, and its operating profit rose to USD 6.272 billion from USD 5.188 billion. The 'other bets' contributed an operating loss of USD 802 million on revenue of USD 166 million. Alphabet collected USD 7.658 billion in operating cash flow in the quarter and spent USD 2.428 billion on capital equipment, leaving it with total cash of USD 75.264 billion at the end of March.
Tags: sales
google
usd
quarterly
AutoZone grows online sales by 5.6% in 2015
2015-09-23 23:48:38| Auto Parts - Topix.net
B2B e-commerce is larger than retail e-commerce in transaction volume. Read key data on industry sales, trends in marketing and web content, technology investment, and more.