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Sony profit down sharply in Q1, trims FY sales outlook again
2016-07-29 08:29:00| Telecompaper Headlines
(Telecompaper) Sony reported lower results for its fiscal first quarter to June, hurt by a sharp slowdown in smartphone sales and disruption to its components business from an earthquake in Japan. Sales fell 10.8 percent from a year earlier to JPY 1.613 trillion and were down 3 percent after excluding currency effects. Operating profit fell to JPY 56.2 billion from JPY 96.9 billion a year ago, and net profit plunged to JPY 21.2 billion from JPY 82.4 billion. Operating profit included JPY 20.3 billion in impairment charges for certain camera modules at the Semiconductors segment, as well as net charges of JPY 13.6 billion for expenses incurred after the Kumamoto earthquake.
Tags: sales
sony
profit
outlook
Bharti Airtel profit tumbles 30.8% on Nigerian naira devaluation
2016-07-28 02:00:00| Total Telecom industry news
India-based operator reports 7.9% growth in fiscal first quarter revenue.
Tags: profit
nigerian
airtel
bharti
Gildan Activewear Q2 profit slips on falling sales
2016-07-27 19:32:00| Daily apparel & textile news and comment - from just-style.com
Falling sales in its printwear and branded apparel businesses contributed to a 4.7% drop in second-quarter profit for Gildan Activewear, with the company also lowering the upper end of its earnings guidance for the year.
Tags: sales
profit
falling
slips
Puma apparel sales push Q2 into profit
2016-07-27 12:39:00| Daily apparel & textile news and comment - from just-style.com
German sportswear brand Puma has moved to a profit in its second-quarter on the back of double-digit sales growth driven by strong apparel revenues.
Tags: sales
apparel
profit
push
BP's underlying replacement cost profit for Q2 2016 falls to $720m
2016-07-27 01:00:00| Offshore Technology
BP has reported that underlying replacement cost profits for the second quarter of this year fell to $720m, down 44% from $1.3bn a year ago.
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