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Singtel's quarterly revenues drop 7%, profit flat

2016-08-11 07:29:00| Telecompaper Headlines

(Telecompaper) Singapore Telecommunications (Singtel) reported a net profit stable year-on-year at SGD 944 million in the quarter ended 30 June 2016. In constant currency terms, profit increased by 2 percent in the period. Strong performances by Telkomsel and Airtel saw pre-tax contributions from the regional associates grow 14 percent for the quarter to SGD 714 million, Singtel said. Singtel reported revenues for the quarter ended 30 June 2016 down 7.1 percent from a year earlier to SGD 3.9 billion.

Tags: flat drop profit quarterly

 

China Mobile 1H profit up 5.6% on 4G customer growth

2016-08-11 02:00:00| Total Telecom industry news

More than half of the operator's total mobile subscriber base is connected to 4G.

Tags: customer china mobile growth

 
 

Cosmetics giant Shiseido blames yen for lower profit outlook

2016-08-10 12:06:12| BBC News | Business | UK Edition

Japanese cosmetics giant Shiseido, which also owns Bareminerals and Nars, cuts its profit forecast as a result of the stronger yen.

Tags: lower profit outlook giant

 

New Look moves to Q1 profit but sales tumble

2016-08-09 12:05:20| Daily apparel & textile news and comment - from just-style.com

UK apparel retailer New Look has moved to a profit in its first-quarter but saw sales decline as challenging market conditions hit high street footfall. 

Tags: sales profit moves tumble

 

Idea Cellular Q1 profit falls after accounting change

2016-08-08 02:00:00| Total Telecom industry news

Indian operator posts slowing revenue growth, in line with industry trend.

Tags: change idea accounting falls

 

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