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America Movil net profit falls 42% in Q1

2016-04-28 11:01:00| Telecompaper Headlines

(Telecompaper) America Movil reported a drop in first-quarter results, hurt by currency effects and the economic slowdown in Latin America. Revenues of MXN 223 billion were up just 1.4 percent year-on-year. Service revenues increased 0.3 percent in local currency and declined 1.1 percent at constant exchange rates. Fixed-broadband and pay-TV revenues led the growth, increasing 7.9 percent and 5.9 percent at constant exchange rates. EBITDA of MXN 61.7 billion was down 9.6 percent in local currency and 8.8 percent lower at constant exchange rates. Operating profit fell 25.6 percent in local currency terms, reflecting both the EBITDA reduction and a 10.3 percent increase in depreciation and amortization charges. The company obtained a net profit of MXN 4.8 billion in the quarter, down from MXN 8.3 billion a year ago. 

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ConAgra Net Swings to Profit; Bed Bath & Beyond, Rite Aid Net Decline

2016-04-08 07:12:55| Furniture - Topix.net

Bed Bath & Beyond profit declined 6%. ConAgra net swung to profit. CarMax net fell but sales jumped 6%.

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Borealis reports record net profit for 2015

2016-03-12 18:14:00| Canadian Plastics Headlines

Austria-based company generated 7.7 billion euros in sales. The post Borealis reports record net profit for 2015 appeared first on Canadian Plastics.

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NTT Group's 9-month net profit jumps more than 34%

2016-02-05 09:47:00| Telecompaper Headlines

(Telecompaper) Japanese operator NTT Group reported a 34.3 percent increase in its net profit for the nine months ended 31 December 2015 to JPY 604 billion. Revenues rose 3.8 percent year-on-year to JPY 8.49 trillion, and operating profit jumped 23.7 percent to JPY 1.1 trillion.

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Sony quarterly net profit improves 33%

2016-01-29 09:09:00| Telecompaper Headlines

(Telecompaper) Sony reported net profit up 33.5 percent year-on-year in its fiscal third quarter to December to JPY 120.1 billion, helped by lower restructuring costs and forex losses. Revenues were up just 0.5 percent to JPY 2.581 trillion (USD 21.5 billion), as continued strength in Playstation sales and film revenues were offset by the weak sales in the smartphone market and lower revenues from components. Operating profit was 11.0 percent higher year-on-year at JPY 202.1 billion. 

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