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Canadian Tire profit rises to $155M; lower integration costs offset flat sales
2013-08-09 04:27:59| Telecom - Topix.net
Canadian Tire Corp. said Thursday it earned $154.9 million in its second quarter and announced plans to seek a financial partner for its credit card business.
China Unicom's H1 profit rises 55%
2013-08-09 03:49:00| Telecompaper Headlines
(Telecompaper) China Unicom saw its first half net profit jump by 55 percent to CNY 5.32 billion from CNY 3.43 billion a year earlier. EBITDA totalled CNY 42.18 billion, up 17 percent, and EBITDA margin of service revenues by 1 percentage point to 36.2 percent. Operating revenues grew 18.6 percent to CNY 144.31 billion, with service revenues going up 13.8 percent to CNY 116.48 billion. Mobile contributed CNY 72.85 billion to service revenues, up 20.5 percent, and fixed service revenues were CNY 43.25 billion, up 4.2 percent year-on-year. China Unicom said that its 3G services went up by 52.1 percent year-on-year to CNY 40.91 billion and the 3G proportion of mobile service revenues reached 56.2 percent. The company had more than 100 million 3G subscribers, or 38.2 percent of its mobile customer base. China Unicom also said that broadband service revenues grew 10.4 percent to CNY 22.58 billion and its contribution to fixed-line service revenues exceeded 50 percent. The number of broadband subscribers grew to 62.58 million.
Tags: china
profit
rises
unicoms
Green Mountain quarterly profit rises on low coffee costs
2013-08-08 07:07:19| Food - Topix.net
Green Mountain Coffee Roasters Inc reported a 59 percent rise in third-quarter profit, helped by lower green coffee costs and strong sales of its K-cup coffee pods.
Tags: low
costs
green
mountain
VIDEO: Demand for data security rises in Asia
2013-08-08 04:28:40| BBC News | Business | UK Edition
As more and more people in Asia take to the internet to do their everyday tasks like banking and shopping, the demand for secure facilities to house the information is growing.
Tags: video
data
security
asia
China Unicom 1H net profit rises 55% beating expectations
2013-08-08 02:00:00| Total Telecom industry news
Chinese telco sees smartphone usage grow and ARPU fall.
Tags: net
china
profit
expectations
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