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FTTH focus drives 32 per cent jump in net profits for Deutsche Telekom

2018-05-09 02:00:00| Total Telecom industry news

Deutsche Telekom has reported a 32.8 per cent jump in net profits, as the company posted a strong set of financials for the first quarter of 2018. Net profits reached &euro…read more on TotalTele.com »

Tags: net jump focus deutsche

Lloyds Bank profits jump by 23% to 1.6bn

2018-04-25 09:35:27| BBC News | Business | UK Edition

The bank said it had put aside another 90m for payment protection insurance mis-selling claims.

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Alphabet revenues jump 26% in Q1, helped by new accounting rules, currency effects

2018-04-24 08:44:00| Telecompaper Headlines

(Telecompaper) Google parent company Alphabet said revenues for the first quarter jumped 26 percent from the year before to USD 31.15 billion, helped by currency fluctuations. On a constant currency basis, revenues went up 23 percent in the quarter. The net profit leaped to USD 9.40 billion from 5.42 billion, with diluted earnings per share rising to USD 13.33 from 7.73, helped by new accounting standards, which change how companies report equity investments. Without these changes, the net profit would have reached USD 7 billion and diluted EPS around USD 9.93.

Tags: jump rules effects accounting