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Indonesia eyes US garment export growth

2019-08-19 19:09:00| Daily apparel & textile news and comment - from just-style.com

Indonesia is looking at ways it can boost its textile and garment shipments to the US - already its main export market - and increase imports of American cotton.

Tags: eyes growth export indonesia

 

Alibaba growth continues with sales up 42% in June quarter

2019-08-15 15:43:00| Telecompaper Headlines

(Telecompaper) Alibaba reported a strong increase in profits and 42 percent growth in revenues in the company's fiscal first quarter to June, showing little impact from the slowing Chinese economy. Sales rose 42 percent year-on-year to CNY 114.9 billion (USD 16.7 billion), adjusted EBITDA increased 34 percent to CNY 39.2 billion, and net profit jumped to CNY 21.3 billion from CNY 8.7 billion a year ago.

Tags: june sales growth continues

 
 

Titan Rock Selects Quorum For Upstream Solutions That Drive Growth

2019-08-15 15:04:32| OGI

To accommodate current operations and position the company for future growth, Titan Rock chose Quorums cloud-based production allocations and reporting, SCADA monitoring and land management solutions, which scale with the needs of startup operators.

Tags: rock drive solutions growth

 

United Internet lowers FY outlook as mobile promotions, lower handset sales slow growth

2019-08-15 09:32:00| Telecompaper Headlines

(Telecompaper) German operator United Internet reported a drop in first-half earnings, to EUR 0.84 per share from EUR 0.91 a year earlier, hurt by a writedown of EUR 34 million on its stake in cable operator Tele Columbus. Revenues and EBITDA were slightly higher, as customer growth offset increased promotions in the mobile market, but the company lowered its full-year growth outlook, due to weaker hardware sales and costs for rolling out its mobile network and price cuts. United Internet said it's also preparing an IPO for its hosting business Ionos and negotiating a new wholesale deal for its telecom business. 

Tags: internet united sales mobile

 

WeWork Shows Revenue Growth, Cash Burn in IPO Filing

2019-08-14 16:32:00| National Real Estate Investor

In its IPO disclosures, WeWork revealed revenue of $1.54 billion and a net loss of $690 million in the first half of 2019.

Tags: shows growth cash filing

 

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