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Tag: profit slips
China Mobile's 9-mth profit slips 2%
2013-10-22 00:56:00| Telecompaper Headlines
(Telecompaper) China Mobile saw its nine-month profit fall 1.9 percent to CNY 91.50 billion from CNY 93.31 billion in the same period last year. Operating revenues grew 9.4 percent to CNY 463.01 billion, but EBITDA fell 0.9 percent year-on-year to CNY 185.67 billion. The EBITDA margin slipped to 40.1 percent from 44.3 percent in the year-ago period. The company said that during the period it experienced difficulties and challenges from increasingly complex competition in the ICT sector, greater impact from over-the-top products on the traditional communications services, and more intense horizontal competition due to the continued increase in mobile penetration. China Mobile added 44.89 million new customers in the nine-month period to bring its total customer base to 755.19 million. This includes 169.50 million million 3G customers.
Tags: china
profit
mobiles
slips
China Mobile net profit slips as it battles competition
2013-10-21 02:00:00| Total Telecom industry news
World's biggest mobile operator reports 1.9% decline in net profit for first nine months of 2013.
Axiata's Q2 profit slips 8% on XL, forex
2013-09-02 02:15:00| Telecompaper Headlines
(Telecompaper) Asian mobile operator group Axiata posted a profit after tax of MYR 707 million for the second quarter, down 8 percent from MYR 769 million in the year-ago quarter. mainly from lower profit contribution from operations in Indonesia (XL) and higher foreign exchange losses. Revenues went up 4.8 percent to MYR 4.63 billion from MYR 4.42 billion, driven by contributions from Celcom, Robi, and Smart. Operating costs of the group increased by 11.7 percent to MYR 2.77 billion in Q2, mainly driven by Celcom, XL and Robi. As a result, group EBITDA decreased by 3.9 percent to MYR 1.86 billion, and the margin dipped by 3.6 percentage points to 40.3 percent. The group ended the quarter with 229.6 million subscribers across the group, up 11.5 percent year-on-year. Axiata reiterated FY 2013 guidance for revenue growth of 7.6 percent and EBITDA growth of 0.2 percent.
US: Cato Q2 profit slips on slight sales decline
2013-08-22 16:39:00| Daily apparel & textile news and comment - from just-style.com
Value-priced fashion retailer The Cato Corporation today (22 August) posted a 15.5% decline in second quarter profit as sales slipped amid a "difficult environment".
Tags: sales
profit
decline
slight
Honda quarterly profit slips despite solid sales
2013-07-31 18:51:12| Automakers - Topix.net
In this April 20, 2013 file photo, Honda Motor Co. President and Chief Executive Takanobu Ito, right, and Seiji Kuraishi, president of Honda Motor , pose for photographers with the company's new Concept M at the Shanghai International Automobile Industry Exhibition media day in Shanghai, China.
Tags: sales
solid
profit
honda