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Tag: loss
LG posts Q2 mobile loss as G5 fails to sell
2016-07-28 07:42:00| Telecompaper Headlines
(Telecompaper) LG Electronics reported profits under pressure in the second quarter, led by losses at its mobile division as its latest flagship smartphone failed to sell enough. Revenues were up 0.6 percent year-on-year to KRW 14.00 trillion, as growth in its other divisions helped offset the weak performance in mobile. Operating profit dropped to KRW 584.6 billon from KRW 505.2 billion a year ago, while lower financial and one-time costs helped net profit rise to KRW 268.5 billion from KRW 198.1 billion. Mobile revenues fell 6 percent year-on-year to KRW 3.33 trillion, as smartphone shipments dropped 1 percent over the same period to 13.9 million. LG said it generated some KRW 150 billion in operating losses due to the increased marketing expense for the launch of its flagship G5, but the phone has to date sold less than hoped.
Sprint customer base climbs, net loss widens
2016-07-25 02:00:00| Total Telecom industry news
CEO hails solid turnaround progress as U.S. telco reports slight decline in fiscal Q1 revenue.
Tele2 swings to Q2 loss on Netherlands spending
2016-07-21 02:00:00| Total Telecom industry news
Sweden-based telco reports strong customer growth at domestic, Dutch, Kazakh operations.
Tags: loss
netherlands
spending
swings
Building firm Dunne Group collapses with loss of 524 jobs
2016-07-19 19:43:26| BBC News | Business | UK Edition
More than 500 people are facing redundancy as a leading Scottish construction firm goes into administration.
Tags: group
jobs
building
loss
3 tips to avoid early embryonic loss in cattle
2016-07-14 01:06:36| Beef
Minimize these three stressors in order to avoid early embryonic loss in cattle this summer. read more
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