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AUDIO: Samsung forecasts drop in profits

2014-04-08 12:36:00| BBC News | Business | UK Edition

Kantar WorldPanel ComTech's strategic director Dominic Sunnebo discusses Samsung's forecasted drop in profits.

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Samsung forecasts drop in profits

2014-04-08 03:20:15| BBC News | Business | UK Edition

Samsung Electronics, the world's biggest maker of TVs and mobile phones, forecasts a fall in profits for the second quarter in a row.

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China Milk Thirst Hands U.S. Dairies Record Profits: Commodities

2014-04-01 06:57:59| Food - Topix.net

In a year when most American farmers can expect lower earnings than in 2013, U.S. milk producers are having a windfall.

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Worthington Sees Profits Rise From Strong Markets in Fiscal...

2014-03-31 13:15:16| Steel - Topix.net

Diversified metals manufacturer Worthington Industries Incorporated reported solid overall gains in the third quarter of the company's 2014 fiscal year, as improving markets and key acquisitions drove volume gains in the Steel Processing and Pressure Cylinders segments.

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Huawei FY profits up on enterprise, consumer expansion

2014-03-31 08:51:00| Telecompaper Headlines

(Telecompaper) Huawei said its annual revenues rose 8.5 percent in 2013 to CNY 239 billion. Growth was led by the enterprise business, up 32.4 percent to CNY 15.2 billion, and the consumer business, which grew 17.8 percent to CNY 57.0 billion. Carrier network equipment accounted for CNY 166.5 billion in revenue, up 4.0 percent year-on-year. Huawei earned 65 percent of its revenue outside of China in 2013, while sales in its home market were up 14.2 percent year-on-year to CNY 84 billion. In its annual report for 2013, the company underlined its continued investment in R&D, which reached CNY 30.7 billion or 12.8 percent of revenue last year. Operating profit was still up, at CNY 29.1 billion versus CNY 20.7 billion in 2012, and net profit improved to CNY 21.0 billion from CNY 15.6 billion a year earlier. 

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