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Tag: profit
Nintendo sees profit doubling this year
2015-05-07 11:29:35| Electronics - Topix.net
Japanese videogame maker Nintendo Co Ltd on Thursday forecast annual operating profit to double in the year through March, with its entry into smartphone games widely expected to help make up for weak sales growth of its traditional consoles. Nintendo's latest Wii U console has been a distant third to Sony Corp's PlayStation and Microsoft Corp's XBox, while the rise of smartphone games has also led to a decline in customers.
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Nintendo reports $350 million profit, reversal from red ink
2015-05-07 10:29:42| Electronics - Topix.net
Nintendo Co. reported a net profit of 41.8 billion yen for the fiscal year through March, a reversal from deep losses the previous year.
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Siemens cuts another 4,500 jobs as oil decline burdens profit
2015-05-07 08:48:09| Industrial Machines - Topix.net
Siemens, Europe's largest engineering company, will cut another 4,500 jobs after second-quarter profit fell more than estimated by analysts, burdened by the declining oil price. Profit from so-called industrial operations fell 4.9 per cent to 1.66 billion euros, the Munich-based company said in a statement.
Siemens net profit surges, driven by asset sale
2015-05-07 08:48:07| Industrial Machines - Topix.net
German engineering giant Siemens AG reported a surge in net profit for the second quarter of 2015, driven largely by gains it booked from the sale of its stake in a household appliances joint venture with Robert Bosch GmbH and the disposal of its hearing aid unit and hospital information business. Net profit for the period ended March 31 was EUR3.89 billion compared with EUR1.12 billion during the same period last year, beating analysts' expectations.
Currency headwinds batter Puma Q1 profit
2015-05-06 14:57:00| Daily apparel & textile news and comment - from just-style.com
Currency variations inflated sporting goods giant Puma's first quarter revenues, but sent net profit down by more than 30%.
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