je.st
news
Tag: profits fall
Qualcomm quarterly profits fall short of target, sees bigger drop in Q3
2020-04-30 08:05:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported net earnings for its fiscal second quarter to March down 25 percent year-on-year to USD 0.41 per share. The company said demand for mobile handsets was 21 percent below its forecast due to the impact of the Covid-19 pandemic. The chipmaker expects an even bigger shortfall of 30 percent in the third quarter to June.
Xiaomi profits fall in Q4 on marketing push to boost overseas growth
2020-03-31 14:04:00| Telecompaper Headlines
(Telecompaper) Xiaomi reported revenues for the fourth quarter of 2019 up 27.1 percent year-on-year to CNY 56.5 billion. Net profit for the period fell to CNY 2.4 billion from CNY 3.4 billion a year earlier, after a sharp rise in marketing and promotional spend to boost sales outside China.
Tags: marketing
fall
growth
push
Telefonica profits fall on restructuring costs, revenue still up 1.7%
2019-11-05 08:49:00| Telecompaper Headlines
(Telecompaper) Telefonica saw its revenue growth strengthen to 1.7 percent in the third quarter to EUR 11.9 billion, thanks to improved sales in Spain and Brazil and solid growth in the UK and Germany. However, the company's net result moved to a loss of EUR 443 million, due to restructuring charges of EUR 1.88 billion, mainly in Spain.
BP Profits Fall 40% On Weaker Oil Prices, Hurricane
2019-10-29 10:16:50| OGI
BP's profits fell sharply in the third quarter, hurt by lower oil prices, but strong refining operations helped the company beat expectations even after taking a one-off charge of $2.6 billion linked to large asset sales.
LG profits fall in Q2 as smartphone losses widen
2019-07-30 11:27:00| Telecompaper Headlines
(Telecompaper) LG Electronics reported a sharp fall in profits in the second quarter, due to widening losses at its smartphone and automotive businesses. While revenues were up 4.1 percent to KRW 15.63 trillion, operating profit dropped 15.4 percent from a year earlier to KRW 652 billion, and net profit more than halved to KRW 106 billion.
Tags: fall
losses
profits
smartphone