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Tag: profit tumbles
Exxon Mobil profit tumbles as energy production tapers
2014-01-30 23:44:57| Oil & Gas - Topix.net
The problem of declining production at legacy oil and natural gas wells has become endemic for multinational energy groups, which have tried to offset the trend by launching massive and risky exploration projects.
Tags: production
energy
profit
mobil
UPDATE 1-Li & Fung H1 profit tumbles 70 pct but says worst is over
2013-08-13 11:58:16| Logistics - Topix.net
Global sourcing firm Li & Fung Ltd's first-half net profit tumbled nearly 70 percent to its lowest level in eight years on sluggish consumer sentiment in Europe and the United States, but it said it was on track to recover this year.
Merck 2Q profit tumbles on charges, lower revenue
2013-07-30 14:29:14| Biotech - Topix.net
In this Thursday, Feb. 28, 2013 photo, Merck scientist Meizhen Feng conducts research to discover new HIV drugs in West Point, Pa.
Tags: lower
charges
profit
revenue
US: Dole Food H1 profit tumbles, tightens forecast
2013-07-26 17:22:26| Agriculture - Topix.net
Dole Food Co. saw its earnings and sales fall in the first half due to "volatility" in the market and tightened its full-year guidance.
Tags: food
profit
forecast
dole
SingTel Group Q4 profit tumbles on Warid Pakistan sale
2013-05-15 02:11:00| Telecompaper Headlines
(Telecompaper) Net profit for SingTel Group fell 33 percent to SGD 868 million in the fourth quarter ended 31 March, due to a one-time loss of SGD 225 million from the divestment of Warid Pakistan. In the same period a year ago, the group recorded an exceptional tax credit of SGD 270 million and net profit totalled SGD 1.29 billion. Excluding exceptional items, underlying net profit declined 2 percent to SGD 1 billion due to foreign currency movements and investments in network, spectrum, and digital initiatives. Revenues were down 6 percent to SGD 4.48 billion but EBITDA was stable at SGD 1.43 billion, reflecting strong cost management. The revenue decline was due to lower revenues in Australia. The regional mobile associates posted a 1 percent increase in pre-tax ordinary earnings to SGD 514 million, led by strong performances by Telkomsel and AIS. The group ended March with 468 million customers (excluding Warid), up 9 percent. This year, SingTel expects group revenues to be stable while EBITDA is forecast to grow by low single digit levels. Capex will go up to SGD 2.5 billion, to support the expansion of LTE coverage and 3G network enhancements.
Tags: group
sale
profit
pakistan