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SK Telecom's Q1 revenues rise nearly 3% on growing 5G subscriber base
2020-05-07 09:19:00| Telecompaper Headlines
(Telecompaper) South Korean operator SK Telecom posted first-quarter revenues of KRW 4.45 trillion, which represents an increase of 2.7 percent, mainly boosted by 5G subscriber base growth and development of new businesses, including media, security and commerce. Operating income was down 6.4 percent to KRW 302.0 billion due to expanded 5G network investment costs including 5G spectrum licensing fees. First-quarter net income amounted to KRW 306.8 billion, plunging 17.9 percent affected by factors including decreased equity method gains from SK Hynix.
Tags: base
growing
rise
revenues
Analysts Forecast Rise In US Oil Shut-ins
2020-04-29 15:43:55| OGI
Analysts at Rystad Energy said April 28 at least 300,000 barrels per day (bbl/d) of U.S. oil production will be shut during May and June with low oil prices likely to force more production offline.
Tags: oil
rise
forecast
analysts
Will US Shale Oil Rise Again?
2020-04-27 15:00:00| OGI
President Donald Trumps efforts to end a price war backfired leaving the U.S. oil industry on its knees.
EU pig prices: markets mixed and fears rise as more US meat plants close
2020-04-23 14:00:00| ThePigSite - Industry News
While some quotes remain stable this week, others have dropped, and COVID-19 concerns are impacting trade globally.
Kimberly-Clarks Sales Rise 8% in Q1
2020-04-22 16:11:00| Nonwovens Industry Breaking News
Increased consumer demand for company's products due to covid-19 pandemic drives sales growth
Tags: sales
rise
q1
sales rise
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