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Tag: revenues
Apple revenues up 22% on strong growth in China
2015-10-27 23:21:00| Telecompaper Headlines
(Telecompaper) Apple reported revenues for its fiscal fourth quarter up 22 percent year-on-year to USD 51.5 billion, just beating its outlook of USD 49-51 billion for the quarter. The growth was led by a doubling of sales in the Greater China region, to USD 12.5 billion. Net profit in the three months to September rose to USD 11.1 billion from USD 8.5 billion a year ago, and EPS was up 38 percent to USD 1.96 per share. The company's gross margin improved to 39.9 percent from 38.0 percent a year ago and was also better than expected.
Tags: china
strong
growth
apple
Alibaba sees revenues rise sharply
2015-10-27 12:22:17| BBC News | Business | UK Edition
Chinese e-commerce giant Alibaba reports a sharp rise in sales as more customers spend money through the online retailer.
Tags: rise
sees
revenues
alibaba
KPN Q3 revenues fall 2.6%, profits still higher
2015-10-27 08:26:00| Telecompaper Headlines
(Telecompaper) KPN announced customer gains in the consumer market in the third quarter, but weakness in the business market pushed group revenues 2.6 percent lower to EUR 1.76 billion. The ongoing cost reductions at the Dutch operator led to a 4.6 percent rise in adjusted EBITDA to EUR 640 million. Operating profit was up 5.7 percent to EUR 204 million, and the net result moved to a profit of EUR 87 million versus a loss of EUR 75 million a year ago. Capital expenditure increased 22 percent to EUR 305 million, while free cash flow was down 9.0 percent to EUR 213 million. KPN maintained its outlook for 2005, for EBITDA at a similar level to 2014, capex under EUR 1.3 billion and free cash flow over EUR 500 million, excluding the dividend from its stake in Telefonica Deutschland. KPN plans a dividend for this year of 8 cents a share and a higher amount in 2016.
Tags: still
fall
higher
profits
Bharti Airtel improves margins as revenues rise 4%
2015-10-26 14:35:00| Telecompaper Headlines
(Telecompaper) Indian operator Bharti Airtel reported a continued increase in sales and profits for its fiscal second quarter, driven by strong demand for mobile data services. Revenues rose 4 percent year-on-year to INR 238.36 billion, and EBITDA was up 7 percent to INR 82.65 billion, helping the margin expand to 34.7 percent from 33.9 a year ago. Despite a doubling in financing costs, the sale of towers infrastructure helped the company still post a 10 percent rise in net profit to INR 15.23 billion. Capital expenditure jumped 35 percent to INR 50.34 billion on the expansion of 3G and 4G networks, leading to a 20 percent drop in operating cash flow to INR 32.31 billion.
Tags: rise
revenues
improves
margins
Zain Q3 revenues stable, EBITDA up 6 percent
2015-10-26 08:48:00| Telecompaper Headlines
(Telecompaper) Zain Group recorded third-quarter revenues stable at KWD 292 million (USD 968 million), while EBITDA rose 6 percent to KWD 131 million. Net income decreased by 18 percent to KWD 38 million or KWD 0.010 per share. The Middle East mobile operator served 45.6 million customers as of 30 September, a 4 percent increase compared to the same period in 2014. Chairman Asaad Al Banwan said the board is working closely with the executive management team to prudently deal with the rise in competition and other currency and social challenges in several key markets. In the year to date, the company's results were impacted by the stronger US dollar, increased amortisation for new spectrum licences as well as higher taxes and social unrest in Iraq. He said the group remains focused on further strengthening its presence while at the same time investing in network upgrades across the territories.
Tags: percent
stable
revenues
ebitda
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