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Tag: profit
Vocus ends takeover talks with KKR, as FY profit hit by AUD 1.5 bln impairment
2017-08-21 09:23:00| Telecompaper Headlines
(Telecompaper) All takeover discussions between Australian operator Vocus and KKR have ceased, with the US investment house saying it is unable to come out with terms acceptable to the Vocus board. KKR made a bid in June for the company at AUD 3.50 per share. Vocus then received another takeover offer from private equity group Affinity, in July. Giving its preference to KKR, Vocus provided the investment firm with the opportunity to conduct due diligence on a non-exclusive basis but the parties were unable to reach a mutually acceptable deal.
Coach books double-digit Q4 and FY profit hikes
2017-08-15 14:49:00| Daily apparel & textile news and comment - from just-style.com
Accessories business Coach Inc has seen its net income soar by more than 86% in the fourth quarter, but shares fell as it reported lower-than-expected quarterly sales.
Tags: books
profit
coach
hikes
China Unicom H1 profit up 69% on lower revenues
2017-08-14 09:08:00| Telecompaper Headlines
(Telecompaper) China Unicom said it expects its service revenue for the first half of 2017 to reach CNY 124.1 billion, which represents an increase of 3.2 percent year-on-year. Mobile service revenue is expected to be around CNY 76.8 billion, up by 5.2 percent year-on-year. Due to the intense competition in the fixed-line broadband market, China Unicom estimates its broadband access revenue fell year-on-year, resulting in flat fixed-line service revenue of nearly CNY 46.6 billion.
Tags: china
lower
profit
revenues
Singtel's quarterly profit drops nearly 6%, revenue up 8%
2017-08-11 12:08:00| Telecompaper Headlines
(Telecompaper) Singtel reported operating revenue up 8.3 percent year-on-year to SGD 4.23 billion in the quarter ended 30 June. EBITDA was up nearly 3 percent to SGD 1.26 billion, while net profit fell 6 percent year-on-year to SGD 892 million, as a result of lower associates' contributions and exceptional charges for workforce restructuring at Optus. Free cash flow was SGD 1.2 billion.
Tags: up
profit
revenue
quarterly
Tom Tailor returns to profit in Q2 as restructuring continues
2017-08-10 12:13:00| Daily apparel & textile news and comment - from just-style.com
Tom Tailor saw its share price climb nearly 15% in morning trading as the German fashion group revealed a return to a profit in its second-quarter thanks to "considerable progress" with its ongoing realignment strategy focusing on cost and process optimisation.
Tags: returns
tom
profit
continues
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