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Bharti Airtel quarterly sales up 9%, net profit falls 49%

2013-05-02 09:03:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel reported revenues for the three months to March up 9.2 percent from a year earlier to INR 204.5 billion, and EBITDA improved 4.1 percent to INR 64.9 billion. The Indian operator's net profit for the fiscal fourth quarter was still down 49.4 percent to INR 5.1 billion, hurt by higher depreciation and amortisation, taxes and interest. Operating cash flow fell 23.1 percent to INR 29.6 billion, after capex increased to INR 35.2 billion from INR 23.8 billion a year ago. Airtel said it returned to positive customer growth in India, after two quarters of declines, with churn dropping to 3.2 percent and ARPU up by INR 8 on a sequential basis, helped by expanding mobile internet use and higher voice traffic. The company finished March with 196.13 million mobile customers in India and south Asia, up by 3.5 percent from December and 4.3 percent more than a year earlier. In Africa, the customer base grew by over 2 million in the three months to 63.72 million.

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Bachoco Reports Quarterly Net Sales up Seven Per Cent

2013-04-29 02:00:00| ThePigSite - Industry News

MEXICO - First-quarter 2013 sales and EBITDA were up compared to the same period last year. Due an outbreak of avian flu in this accounting period, the company recognised a one-time charge of more than 220 million pesos (MXP).

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Woolworths lifts quarterly sales by 2.5pc

2013-04-11 03:42:07| Grocery - Topix.net

Its core Australian food and liquor operations, which includes the Woolworths supermarket chain, increased third quarter sales by 5.6 per cent to $9.9 billion.

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Nissan's quarterly profit dives 35 percent as China sales plunge amid anti-Japanese sentiment

2013-02-08 12:00:46| Automakers - Topix.net

Nissan Motor Co. suffered a 34.6 percent plunge in October-December profit to 54.1 billion yen as global sales languished, especially in China, where anti-Japanese sentiment flared over a territorial dispute.

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Sony reduces losses, quarterly sales rise 6.9%

2013-02-07 09:22:00| Telecompaper Headlines

(Telecompaper) Sony remained in the red in its fiscal third quarter, despite an increase in sales. The company's net loss for the three months to December narrowed to JPY 10.8 billion from JPY 159.0 billion a year earlier, while revenues rose 6.9 percent year-on-year to JPY 1.948 trillion. The operating result was a profit of JPY 46.4 billion, versus a loss of JPY 91.7 billion a year ago, due mainly to fewer one-time charges. At Sony Mobile, sales rose 94 percent to JPY 318.8 billion, after Sony bought out Ericsson's share of the company. On a pro forma basis, sales rose 10 percent, helped by higher sales volumes and selling prices for mobile phones, offset by weaker PC sales. The group sold a total 8.7 million smartphones, down slightly from 8.8 million in fiscal Q2. The division's operating loss narrowed to JPY 21.3 billion from JPY 48.4 billion, after a tax charge in the year-earlier period. Sony maintained its full-year outlook for a small increase in revenues, as the depreciation in the yen offsets a weaker outlook for its PC, gaming and consumer electronics businesses. With the pictures and financial services division doing better than expected, the company still expects a small net profit over the full year.

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