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Tag: profit
ZTE lifts revenues, profit in strong #H1
2020-08-28 15:32:00| Telecompaper Headlines
(Telecompaper) After a lower first quarter, ZTE reported a strong first half, with operating revenues lifting 5.8 percent from the year before to CNY 47.20 billion and the net profit increasing 26.3 percent to CNY 1.86 billion. The net profit after extraordinary items jumped 47.4 percent to CNY 0.9 billion. The operating cash flow grew over 61 percent to CNY 2.04 billion while spend on research and development (R&D) advanced to CNY 6.64 billion, driven by investments into 5G and covering 14.1 percent of the company's operating revenue.
Tags: strong
profit
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lifts
Xiaomi sales growth slows to 3% in Q2, adjusted net profit falls 7%
2020-08-26 15:34:00| Telecompaper Headlines
(Telecompaper) Xiaomi reported a further slowdown in revenue growth in the second quarter. Revenues were up just 3.1 percent year-on-year to CNY 53.54 billion, as the coronavirus outbreak hurt sales in Europe, India and other markets. Gross profit rose 6.1 percent to CNY 7.70 billion, helped by a growing share of services in the sales mix, while adjusted net profit fell 7.2 percent to CNY 3.7 billion.
Vinatex books H1 profit slide on severe Covid impact in Vietnam
2020-08-20 15:00:00| Daily apparel & textile news and comment - from just-style.com
The Vietnam National Textile and Garment Group (Vinatex) has reported a 20.7% drop in first half profits to VND276bn after being "severely affected" by the Covid-19 pandemic.
Tags: books
impact
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vietnam
Roads to More Oil Profit
2020-08-19 00:00:00| OGI
Using geogrids to cut costs in unpaved, aggregate roads and working surfaces means more profit per barrel of oil, which is as important today as it has ever been.
Tecnotree lifts Q2 sales and profit, H1 order book swells by 55%
2020-08-13 09:56:00| Telecompaper Headlines
(Telecompaper) Finnish IT provider Tecnotree has reported a rise in net sales for the second quarter to 30 June to EUR 14.1 million from EUR 11.0 million a year earlier. Adjusted EBIT for Q2 improved to EUR 5.8 million from EUR 3.6 million the year before, giving a 45 percent EBIT margin. Second quarter net profit expanded to EUR 4.2 million from EUR 1.4 million.
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