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Tag: profit
Lenovo quarterly profit rises 64% despite 'challenging' industry
2016-08-18 03:16:16| BBC News | Business | UK Edition
The world's biggest personal computer-maker Lenovo sees first-quarter profit rise 64% to $173m (132m) amid a "challenging" industry environment.
Tags: industry
profit
quarterly
challenging
China Unicom CEO confident of turnaround despite 80% drop in H1 net profit
2016-08-18 02:00:00| Total Telecom industry news
Wang Xiaochu brushes off reduction in earnings, and says operator laid the foundations for future success during the opening half of 2016.
Ever-Glory warns on "challenges" as Q2 profit slides
2016-08-15 16:05:29| Daily apparel & textile news and comment - from just-style.com
Chinese fashion retailer and supplier Ever-Glory International Group has warned of challenging market conditions heading into the remainder of the year, as it revealed a fall in second-quarter earnings and margin.
Tags: profit
challenges
slides
warns
TCL Communication sees H1 profit crumble to HKD 11 mln
2016-08-15 10:52:00| Telecompaper Headlines
(Telecompaper) TCL Communication Technology, the maker of Alcatel brand phones, saw its net profit plunge to HDK 11 million in the first half of 2016 from HKD 454 million a year ago. Revenues fell 17 percent year-on-year to HKD 10.93 billion, while the company's gross margin improved slightly to 20.4 percent from 19.3. TCL blamed the lower results on the slowdown in the smartphone market, driven by the weak economic climate and intense competition in the Chinese market. Its smartphone sales fell by 12 percent year-on-year to 17.4 million units, and total sales of handsets and other products were down by 2 percent to 33.1 million units.
Tags: communication
profit
sees
tcl
Telecom Egypt Q2 net profit jumps on Vodafone dividend
2016-08-11 17:33:00| Telecompaper Headlines
(Telecompaper) Telecom Egypt (TE) reported a 175 percent increase in net profit to EGP 1.04 billion for the second quarter ended 30 June from EGP 378 million in the same period 2015. The operator attributed the growth to higher revenues, and an increase in income from investments, primarily attributable to Vodafone Egypt.
Tags: net
profit
egypt
telecom
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