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Tag: net rises
Ooredoo Group net profit rises by 10% in 2019 on stable revenue, customer base broadens by 2%
2020-02-14 09:20:00| Telecompaper Headlines
(Telecompaper) Ooredoo Group has announced that its net profit for the year ended 31 December 2019 increased by 10 percent to QAR 1.73 billion from QAR 1.57 billion in 2018. There was an increase in EBITDA and a more favorable foreign exchange environment compared with 2018, but IFRS 16 had a negative effect on net profit. Revenue was stable at QAR 29.92 billion compared with QAR 29.93 billion, in spite of the industry-wide shift from voice to data consumption, lower handset sales and macroeconomic and currency weakness in some markets.
Ooredoo Group H1 net profit rises 22%, revenue down 4%, customer base shrinks 12%
2019-07-30 09:22:00| Telecompaper Headlines
(Telecompaper) Ooredoo group net profit increased by 22 percent to QAR 841 million in the first six months of 2019 from QAR 689 million in the same period of 2018, partially aided by a favourable forex environment and offset by a negative IFRS 16 impact. EBITDA increased by 2 percent year on year to QAR 6.3 billion, with a corresponding EBITDA margin of 44 percent supported by a positive effect from the new IFRS 16 accounting standards.
TDC Q1 net profit rises 22% but revenue drops 6%
2016-05-04 13:32:00| Telecompaper Headlines
(Telecompaper) Danish operator TDC said that revenue in the first quarter of 2016 fell by 5.9 percent to DKK 5.827 billion, with EBITDA down 10 percent at DKK 2.227 billion but net profit rising 22.1 percent to DKK 624 million. It said it maintains its 2016 guidance, and that the launch of the new YouSee box in its home market of Denmark is off to a good start.
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Swift Fourth-Quarter Net Income Rises 24%
2016-01-26 17:58:13| Trucking - Topix.net
Swift Transportation Co. improved fourth-quarter net income by 24% to $72.5 million, or 51 cents per share, helped by operational improvements throughout the company and improved profits at its dedicated freight unit.
Werner's Net Income Rises 24%
2015-07-21 00:24:15| Industrial Machines - Topix.net
Rate increases and fleet additions helped Werner Enterprises Inc. raise second-quarter net income 24% to $31.8 million, or 44 cents per share. Werner, which ranks No.
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