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Tag: increase
4G drives increase in ZTE results
2015-03-25 15:45:00| Telecompaper Headlines
(Telecompaper) Growing sales of 4G network equipment and handsets led the increase in ZTE's results in 2014, according to the Chinese equipment maker's annual report. The group reported sales of carrier network equipment up 15 percent to CNY 46.77 billion, led by 4G sales in China and abroad, as well as demand for optical equipment in its home market. ZTE's handset and end-user device sales rose 6.5 percent last year to CNY 23.12 billion, which the company also attributed to demand for 4G equipment. Its software and services business was the only area not to grow in 2014, with revenues down 9.7 percent to CNY 11.59 billion due to weaker demand abroad. In total, ZTE grew sales 8.3 percent in 2014 to CNY 81.47 billion, of which 49.8 percent came from China. Net profit jumped 94 percent to CNY 2.63 billion, helped by higher gross margins on 4G equipment, tighter control of administrative costs and lower charges for bad debt, financing and forex effects. The company more than doubled operating cash flow to CNY 1.10 billion, and ZTE proposed a cash dividend of CNY 2.0 for every 10 shares held, plus two bonus shares for every 10 shares. ZTE also increased R&D spending 22 percent in 2014 to CNY 9.01 billion in 2014, focusing on 4G, 5G, high-end routers and semiconductors.
Tags: results
increase
drives
zte
Paper Mill Closures Increase Demand For BPM's Recycled Papers
2015-03-25 07:38:55| pulpandpaperonline Home Page
BPM Inc., a long-standing manufacturer in the papermaking industry, has started to feel the effect of yet another paper mill closure in the USA. Over the last several years, manufacturing facility closures, global competitive pressures, and corporate consolidations continue, affecting both profitability and sustainability of mills
Tags: paper
increase
demand
papers
Used-car dealers increase even as market declines
2015-03-25 06:54:54| Auto Dealers - Topix.net
Despite an increase in the number of players in the sector, the used car market saw a decrease in the number of vehicles imported for January to December 2014, closing the period at 11,350 vehicles, down from the previous year's 11,800. Sales were also negatively impacted by decreased consumer spend, leaving dealers with inventories "that are moving too slow for comfort," president of the Jamaica Used Car Dealers Association , Lynvalle Hamilton, said at the association's annual general meeting in Kingston last week.
Tags: market
increase
dealers
declines
Nigeria to carry out airport audit to increase safety
2015-03-25 01:00:00| Airport Technology
Nigerian Civil Aviation Authority (NCAA) has announced that the International Civil Aviation Authority (ICAO) will initiate an audit of all Nigerian airports to increase safety measures.
Tags: increase
safety
carry
airport
US apparel spend to increase this Easter
2015-03-24 13:35:00| Daily apparel & textile news and comment - from just-style.com
US consumers are set to spend more on apparel this Easter, with many viewing it as an opportunity to add to their spring wardrobes, new research suggests.
Tags: increase
apparel
spend
easter
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