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Samsung Q1 operating profit jumps 58%

2018-04-06 08:32:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics said it expects its operating profit for the first quarter rose to KRW 15.6 trillion from a reported KRW 9.90 trillion in Q1 2017. Revenues are expected up nearly 19 percent to KRW 60 trillion. 

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Huawei's net profit jumps 28%, ships 153 mln smartphones in 2017

2018-03-30 09:09:00| Telecompaper Headlines

(Telecompaper) Huawei posted total annual revenue of CNY 603.6 billion (USD 92.5 billion) for 2017, which represents an increase of 15.7 percent from 2016. Net profit amounted to CNY 47.5 billion, up 28.1 percent year-on-year.

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DFS profit plunges by more than half

2018-03-28 09:15:22| BBC News | Business | UK Edition

The furniture firm reports a fall in half-year sales and profits amid "challenging market conditions".

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China Telecom revenues grow nearly 4%, profit up 3.3% in 2017

2018-03-28 07:55:00| Telecompaper Headlines

(Telecompaper) China Telecom reported operating revenues of CNY 366.2 billion for the twelve months of 2017, which represents an increase of 3.9 percent from 2016. Service revenues amounted to CNY 331 billion, up by 6.9 percent year-on-year. EBITDA reached CNY 102.1 billion, up by 7.4 percent year-on-year, and the EBITDA margin rose 0.2 points to 30.9 percent. Profit increased 3.3 percent to CNY 18.6 billion, while basic earnings per share were CNY 0.23 in 2017.

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China Mobile revenue grows 4.5%, profit up 5% in 2017

2018-03-22 07:32:00| Telecompaper Headlines

(Telecompaper) China Mobile had 113 million wireline broadband customers at 31 December 2017, following a net addition of 35.06 million users in the period. The total number of household broadband customers reached 109 million at end-2017, with a net addition of 34.95 million. This accounted for 75.6 percent of the total number of new household customers in the market during the period, the company said. The number of subscribers of its digital set-top box 'Mobaihe' reached 57.25 million, and the household broadband blended ARPU topped CNY 33.3, up by 17.5 percent compared to 2016.

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