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China Mobile's H1 revenue grows 5%, profit up 3.5%; offers special dividend

2017-08-10 09:42:00| Telecompaper Headlines

(Telecompaper) China Mobile posted operating revenue of CNY 388.9 billion for the first six months of 2017, which represents an increase of 5 percent from the year-earlier period. EBITDA reached CNY 140.7 billion, up 4.7 percent in the period, while profit rose 3.5 percent year-on-year to CNY 62.7 billion in the first half of 2017.  The company's board has declared payment of a one-off special dividend of HKD 3.200 per share in celebration of the group's 20th anniversary on the stock market.

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Alex Rodriquez Aims to Profit from Retail Crisis with Gym Push

2017-08-09 22:12:11| National Real Estate Investor

The U.S. health-club industry grew 7 percent to $27.6 billion in revenue last year, according to the International Health, Racquet & Sportsclub Association.

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Ralph Lauren swings to a profit as Q1 sales decline

2017-08-08 17:03:00| Daily apparel & textile news and comment - from just-style.com

Lower customer demand saw Ralph Lauren Corporation post a revenue decline that was in line with its expectations for the first quarter, despite moving to a profit in the period.

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Softbank quarterly revenue up 2.8%, opg profit grows on Sprint improvement

2017-08-07 10:42:00| Telecompaper Headlines

(Telecompaper) Net income plunged 88.8 percent to JPY 30.5 billion in the quarter, due mainly to financial and derivative losses related to the company's stake in Alibaba. Operating income amounted to JPY 479.2 billion, which represents an increase of 50.1 percent year-on-year, due largely to the inclusion of the new Softbank investment fund. Excluding the Softbank Vision Fund, operating profit was up 17.2 percent to JPY 374.0 billion, led by growth at Sprint and Yahoo Japan. 

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RBS returns to profit in first half of 2017

2017-08-04 08:33:00| BBC News | Business | UK Edition

The banking giant makes a profit of 939m and selects Amsterdam as its post-Brexit European base.

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