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Tag: business
Why we all need to draw boundaries between family and business
2015-10-29 15:13:00| Beef
For many, one of the incentives of ranching is the ability to work together as a family. But you have to know where to draw the boundaries between treating family like business partners and treating them like family. My View From The Country read more
Tags: business
family
draw
boundaries
LG profit sinks as smartphone business suffers loss
2015-10-29 09:01:42| Electronics - Topix.net
" LG Electronics said Thursday its mobile communications division suffered its first operating loss in more than a year, dragging down the company's overall earnings for the third quarter. The mobile business lost 77.6 billion won for the July-September quarter.
Tags: business
loss
profit
smartphone
LG mobile business in the red as sales fall 21%
2015-10-29 08:33:00| Telecompaper Headlines
(Telecompaper) LG Electronics reported a fall in third-quarter profits, hurt by a slowdown at its smartphones and consumer electronics business. Revenues were up 0.7 percent year-on-year to KRW 14.71 trillion, but operating profit dropped to KRW 294 billion from KRW 465 billion a year ago. Net profit fell to KRW 125 billion from KRW 203 billion, also hurt by lower results at the LG Display venture. At the mobile division, revenues fell 21 percent year-on-year and 7 percent from Q2 to KRW 3.38 trillion. The unit moved into the red, with an operating margin of negative 2.3 percent, compared to breakeven in Q2. LG said it sold 14.9 million smartphones in the quarter, up 6 percent from Q2 but 11 percent less compared to the year-earlier period. Sales improved on a sequential basis in the US thanks to solid sales of mid-range smartphones, but sales were lower on an annual basis in Korea due to weak market demand. LG said it expects competition to remain fierce in Q4 due to new models in the premium segment and price pressure in the mid-market. LG will aim to improve profitability and focus on the new Nexus 5X and V10 models. In consumer electronics, LG also reported sales down 5 percent to KRW 4.29 trillion. The operating margin improved to 0.9 percent from a negative 2.1 percent in Q2, but was still down on 3.0 percent a year ago. The company was hurt by weaker demand for TVs and currency fluctuations. LG said it will work on improving margins with a focus on the premium market for OLED and UHD TVs.
Tags: business
sales
red
mobile
Clariant Announces Improved Business Performance in Q3
2015-10-29 06:00:00| Coatings World Breaking News
Tags: business
performance
improved
announces
2 Sisters plans to invest 150m in poultry business
2015-10-29 01:00:00| Food Processing Technology
2 Sisters Food Group plans to inject 150m into its poultry business in order to revolutionise the unit, a move that comes just a week after the Birmingham-headquartered firm announced that it intends to invest 55m into its ready meals business.
Tags: business
plans
invest
sisters
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