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Axiata Group profit jumps 45.9% boosted by tower gains at XL

2015-11-27 13:13:00| Telecompaper Headlines

(Telecompaper) Axiata Group saw its revenue increase by 7.6 percent quarter-on-quarter to MYR 5.1 billion in the third quarter of 2015. EBITDA was up 8.7 percent to MYR 1.9 billion, and profit after taxation and minority interests (PATAMI) jumped 45.9 percent to MYR 891 million. PATAMI growth was mainly driven by one-off tower gains at XL1 and foreign exchange gains, the company said.

Tags: group profit tower xl

 

Infineon profit up 80% on tax boost, earnings gain

2015-11-26 12:15:23| Electronics - Topix.net

German semiconductor maker Infineon Technologies AG said Thursday that it expects profitability to rise slightly in the fiscal year to September 2016 after net profit almost doubled in its latest quarter, helped by recently acquired International Rectifier. Infineon forecast a segment result margin, which gauges adjusted operating profitability, of 16% for the current fiscal year.

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Deere's profit tops forecasts even as its sales fall sharply

2015-11-25 15:59:10| Industrial Machines - Topix.net

Even though sales of its green tractors, bulldozers and other equipment fell sharply, Deere & Co. reported better-than-expected fourth-quarter earnings as it cut costs.

Tags: sales fall profit tops

 

Deere profit falls on slowed farm equipment sales

2015-11-25 15:59:09| Industrial Machines - Topix.net

Deere & Co , an agriculture and construction equipment maker, posted higher-than-expected quarterly earnings on Wednesday even as weak global demand for farm equipment and soft commodity prices pressured sales. REUTERS: Deere & Co , an agriculture and construction equipment maker, posted higher-than-expected quarterly earnings on Wednesday even as weak global demand for farm equipment and soft commodity prices pressured sales.

Tags: sales equipment falls profit

 

US retailer profit under pressure from Holiday promotions

2015-11-25 13:28:00| Daily apparel & textile news and comment - from just-style.com

US retailers are selling around 21% fewer items at full price this year in the run-up to Black Friday, compared to the same time last year, as many find themselves trapped in the cycle of promotions and markdowns. 

Tags: holiday pressure profit promotions

 

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