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Tag: net profit
Samsung net profit falls 26.7% in Q4
2015-01-29 08:15:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported a fall in fourth-quarter net profit to KRW 5.35 trillion from KRW 7.30 trillion a year earlier. Operating profit dropped to KRW 5.29 trillion from KRW 8.31 trillion, and revenues declined to KRW 52.73 trillion from KRW 59.28 trillion a year ago. Despite the weaker results, Samsung raised its final dividend to KRW 19,500 per share from KRW 13,800 a year earlier. The lower results were due to a sharp fall in sales at its mobile phone business, where quarterly revenues were down 23 percent year-on-year to KRW 25.02 trillion. Operating profit at the communications division fell to KRW 1.96 trillion from KRW 5.47 trillion a year ago. Samsung reported a small decline in its smartphone shipments compared to the third quarter, while its average selling price and profitability improved over the same period thanks to a higher share of high-end phones like the Note 4. Tablet shipments were up compared to Q3, and Samsung also increased revenues from network equipment. The company expects a weaker phone and tablet market in Q1 due to lower seasonal demand. Samsung itself will try to improve earnings and grow smartphone shipments, helped by new models in the A series.
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Asian Paints Consolidated Net Profit for the Quarter Increases Nearly 12%
2015-01-29 06:00:00| Coatings World Breaking News
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Consumer goods giant Unilever 2014 net profit up 5 percent
2015-01-20 12:14:34| Real Estate - Topix.net
Net profit at consumer goods giant Unilever, maker of Ben & Jerry's ice cream, rose 5 percent in 2014 from the year earlier to 5.5 billion euros despite tough conditions in its markets, the company announced Tuesday. Unilever said sales slid 2.7 percent to 48.4 billion euros , but underlying sales, which strip out currency fluctuations and the effect of buying and selling businesses, rose 2.9 percent.
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Guess Q3 net profit slumps as trends soften
2014-12-04 14:58:00| Daily apparel & textile news and comment - from just-style.com
US apparel business Guess saw third-quarter net profit slump as revenues dipped around the world, with softer store traffic in North America and Europe.
SingTel group net profit grows 19% in Q2
2014-11-13 12:17:00| Telecompaper Headlines
(Telecompaper) In the second quarter ended 30 September Singapore Telecommunications (SingTel) group saw its net profit increase by 19 percent to SGD 1.04 billion, despite adverse currency movements. In constant currency terms, net profit would have jumped 22 percent, the company said. Revenue increased by 4 percent to SGD 4.31 billion from strong performances in ICT services, mobile data growth and equipment sales in Singapore and Australia, and higher digital marketing revenue. EBITDA climbed 3 percent to SGD 1.33 billion.
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