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Tag: profit
Omantel Group H1 net profit drops 21%
2020-07-21 09:46:00| Telecompaper Headlines
(Telecompaper) Omantel Group said net profit decreased by 20.5 percent to OMR 100.5 million in the first six months to 30 June from OMR 126.5 million in H1 2019. This decline was mainly driven by a 27 per cent year-on-year (YoY) drop in group net profit for the second quarter of 2020 because of the effects of Covid-19, predominantly on the core mobile business. First-half group consolidated revenues slipped to OMR 1.24 billion from OMR 1.26 billion in 2019.
Mobily lifts Q2 net profit as active FTTH users expand, business and wholesale revenues rise
2020-07-21 09:26:00| Telecompaper Headlines
(Telecompaper) Saudi operator Mobily said its net profit increased to SAR 185 million in the second quarter ended 30 June compared with SAR 37.8 million in Q2 2019, mainly due to increased revenue from business and wholesale units, as well as the FTTH active base. Revenue amounted to SAR 3.56 billion versus SAR 3.33 billion in Q2 2019, or year-on-year growth of 6.8 percent.
Tags: net
business
users
active
Netflix adds record 10 mln new customers in Q2, misses profit guidance
2020-07-17 09:17:00| Telecompaper Headlines
(Telecompaper) The company added 10.1 million new subscribers in the second quarter, a sharp rise from the year before's 2.7 million, boosted by people staying at home due to lockdown measures amid the coronavirus pandemic. The increase brings the number of additions for the first half to 26 million from 12 million year-on-year, a leap the company says will likely start slowing down in the second half of the year as people get through the initial shock of covid-19 and accompanying social restrictions. Net adds for the third quarter are seen at 2.5 million, against 6.8 million the year before, as the earlier sharp rise pulls forward some demand.
Tags: record
customers
profit
guidance
Fast Retailing 9M profit, sales slide on Covid impact
2020-07-09 12:54:00| Daily apparel & textile news and comment - from just-style.com
Uniqlo-owner Fast Retailing has booked a 42.9% fall in profits for the nine months to May with sales declining 15.2% year-on-year to JPY1.54trn (US$14.3bn).
Tags: sales
fast
impact
profit
Samsung sees higher operating profit for Q2
2020-07-07 09:08:00| Telecompaper Headlines
(Telecompaper) Samsung has issued a guidance for its second quarter, saying it expects to report a higher operating profit despite lower revenues year-on-year and sequentially.
Tags: higher
operating
samsung
profit
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