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BT reports lower Q3 revenue, estimates network vendor cap costs at GBP 500 mln

2020-01-30 10:56:00| Telecompaper Headlines

(Telecompaper) BT has announced reported revenue of GBP 17.25 billion and adjusted revenue of GBP 17.19 billion for the nine months to 31 December 2019, both down 2 percent on the effects of regulation, competition and legacy product declines. The company also warned that the recent government decision on the use of certain network vendors would cost the company around GBP 500 million over five years. 

Tags: network reports lower costs

 

Facebook grows profit 7% in Q4 after sharp rise in operating costs, taxes

2020-01-29 22:52:00| Telecompaper Headlines

(Telecompaper) Facebook reported a stronger increase in costs than revenue in the fourth quarter, leading to a slowdown in its profit growth. Revenues were up 25 percent to USD 21.1 billion, while operating costs jumped 34 percent to USD 12.2 billion. Along with a sharp increase in taxes, net profit rose just 7 percent, to USD 7.3 billion or USD 2.56 per share. 

Tags: costs operating rise profit

 
 

Lenzing FY profit falls as firm writes off US engineering costs

2020-01-28 13:15:00| Daily apparel & textile news and comment - from just-style.com

Austrian cellulosic fibre producer Lenzing has reported a drop in its preliminary 2019 figures with both earnings and revenue affected by lower selling prices for standard viscose and the write-off of engineering costs related to its mothballed US lyocell expansion project.

Tags: us costs firm engineering

 

China Textile & Clothing Production Costs (Country Report)

2020-01-23 20:10:16| EmergingTextiles.com

Production prices have less significantly dropped in December in China, in line with a slightly stronger activity reported by the Purchasing Manager Index. Textile and apparel industries have been confronted with decelerating retail sales at home, however, and more substantially falling clothing exports. Our statistical report offers a comprehensive view of production costs and consumer prices in China, including in the textile and clothing sectors. Labor costs in major provinces are also being followed.

Tags: report country china costs

 

China Textile & Clothing Production Costs (Country Report)

2020-01-21 20:11:22| EmergingTextiles.com

Production prices have less significantly dropped in December in China, in line with a slightly stronger activity reported by the Purchasing Manager Index. Textile and apparel industries have been confronted with decelerating retail sales at home, however, and more substantially falling clothing exports. Our statistical report offers a comprehensive view of production costs and consumer prices in China, including in the textile and clothing sectors. Labor costs in major provinces are also being followed.

Tags: report country china costs

 

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