Tuesday , January 28 2020
Breaking News
Home / Tag Archives: Revenue (page 3)

Tag Archives: Revenue

Taiwan’s Largan revenue dips 37% to NT$10.57b

TAIPEI: Largan Precision Co Ltd, which supplies camera lens modules for Apple Inc’s iPhones posted a deeper-than-expected 37 percent decline in revenue for last quarter from the previous quarter — to NT$10.57 billion (US$337.7 million) — on seasonally weak demand. That was despite a strong increase of 50 percent in revenue last month to NT$3.92 billion, from February’s NT$2.62 billion, ... Read More »

Qatar gas revenue hits due to fall in exports

DOHA: Qatar may see a 30% drop in revenue from gas exports in the next decade as global LNG supply becomes more competitive, according to a report by Columbia University’s Centre on Global Energy Policy, The US Shale Gas Revolution and its Impact on Qatar’s Position in Gas Markets. The report said LNG contracts linked to spot or hub-indexed benchmarks ... Read More »

Singer SL revenue up by 16.5% to Rs.29.7b in 2014

COLOMBO: Singer Sri Lanka, the country’s premier consumer durables retailer, ended the 2014 financial year on a high note, recording a 27% growth in fourth quarter revenue that helped the Group achieve Rs.29.7 billion in annual revenue. Annual revenue grew by 16.5% in 2014, an increase driven by rising demand in key product categories. With the exception of transportation, all ... Read More »

Kuwait revenue drops by 19.7% to KD23.2b

KUWAIT: Kuwait’s revenues dropped by one fifth in the first 11 months of the fiscal year due to the decline in global oil prices, according to figures released by the finance ministry yesterday. Revenues of the OPEC member reached KD23.2 billion until the end of February from to 28.9 billion dinars in the same period last year-a fall of 19.7 ... Read More »

China’s Huawei revenue jumps 20% to $46.29b in 2014

SHINGHAI: The Huawei Ascend Mate2 4G mobile telephone with an Android operating system is displayed at a recent Consumer Electronics Show in Las Vegas. Huawei Technologies Co Ltd’s 2014 revenue was likely 287 billion yuan ($46.29 billion) to 289 billion yuan, an increase of roughly 20 percent from a year earlier, the company said on Tuesday in its unaudited results. ... Read More »

China’s Huawei revenue jumps 20% to $46.29b in 2014

SHINGHAI: The Huawei Ascend Mate2 4G mobile telephone with an Android operating system is displayed at a recent Consumer Electronics Show in Las Vegas. Huawei Technologies Co Ltd’s 2014 revenue was likely 287 billion yuan ($46.29 billion) to 289 billion yuan, an increase of roughly 20 percent from a year earlier, the company said on Tuesday in its unaudited results. ... Read More »

L’Oreal China revenue jumps 7.7% to $2.3b in 2014

BEIJING: L’Oreal, the world’s largest cosmetics group, saw its sales revenue in China rise 7.7 percent year-on-year in 2014 to reach 14.3 billion yuan ($2.3 billion), according to the company’s annual financial report released here the other day. It is the 18th consecutive year that L’Oreal has achieved steady growth in China. Contributing around 8 percent to the group’s annual ... Read More »

Greece expects €3.27 billion revenue as reforms proposal accepted

ATHENS: The Greece government expects revenue of €3.27billion from the list of reforms, sent to the country’s creditors. The proposal is about the taxation of deposits abroad, which is expected to provide revenue of €750 million, debt arrangements and a crackdown on smuggling. Further €1.5 billion euro in revenue is expected to come from the sale of Piraeus port and ... Read More »

SA’s trade deficit narrows to 8.48 billion rand in February 2015

JOHANNESBURG: South African Revenue Service stated that the South Africa’s trade deficit narrowed to 8.48 billion rand in February from 24.22 billion rand in January, after a substantial rise in exports. This was worse than the expected deficit of R6.35bn.The R8.48bn shortfall was due to exports of R76.85bn and imports of R85.33bn, the South African Revenue Service reported on Tuesday. ... Read More »

Portugal’s Telecom revenue down 4.1% to €2.4b in 2014

LISBON: Portugal telecom’s operating revenue decreased by 4.1% to €2.4 billion in 2014. The operator said that this was less than the market contraction of 4.8 percent. On a consolidated basis, revenues amounted to EUR 2.7 billion and EBITDA reached EUR 1.05 billion, equivalent to a margin of 38.7 percent. In a statement to the stock market, the operator said ... Read More »

Everbright’s revenue decline to HK$6.62b

HONG KONG: financial Services Company China Everbright Ltd. said 2014 net profit rose to 2.56 billion Hong Kong dollars from HK$1.35 billion in 2013. Revenue declined to HK$6.62 billion from HK$8.16 billion. The company proposed a final dividend of 33 Hong Kong cents per share, up from 20 Hong Kong cents per share in 2013. Read More »

SA revenue service issues business tax guide for 2014-15

CAPE TOWN: The South African Revenue Service has issued its 2014-15 tax guide.It is an” official publication,” which provides general information on income tax, value-added tax, capital gains tax, and other taxes, duties, levies, and contributions. The Guide explains the tax laws and some other statutory obligations that apply to small businesses. It describes some of the forms of business ... Read More »

Spanish ticketing revenue exceeds €50m in 2014

MADRID: International ticket re-seller Ticketbis based in Spain ended 2014 with revenues of €54 million. It almost doubles that of 2013. The startup has been prospering from exponential growth ever since its launch in 2009. The startup’s notable success is partly thanks to its timely and strategic expansion into other regions such as South America and Asia, and consolidation in ... Read More »

Qatar’s Ooredoo forecasts revenue to dip 3% this year

DOHA: Qatar’s Ooredoo forecasts its revenue will fall by as much as 3 percent in 2015 and core earnings will drop by a similar margin, a presentation by the telecommunications operator on its website shows. Ooredoo, which has expanded its operations into about 15 territories in the Middle East, Asia and Africa, is considered among the best-run of the Gulf ... Read More »

Taiwan’s TRI revenue exceeds NT$1 b in 2014

TAIPEI: Taiwan Textile Research Institute President Bai Chi-chung recently said that the TTRI will become more diverse internationally this year, through creating intelligent textile products and advanced development. Bai said that company revenue in 2014 exceeded NT$1 billion. The TTRI also made a new record in applying for patents, with 1,140 applications. Bai also said that 674 of the applications ... Read More »

Qatar’s Ooredoo forecasts revenue to dip 3% this year

DOHA: Qatar’s Ooredoo forecasts its revenue will fall by as much as 3 percent in 2015 and core earnings will drop by a similar margin, a presentation by the telecommunications operator on its website shows. Ooredoo, which has expanded its operations into about 15 territories in the Middle East, Asia and Africa, is considered among the best-run of the Gulf ... Read More »

HK retailers revenue growth remain 7.5%, lowest in 4 years

HONG KONG: Hong Kong retailers’ sales in January were the lowest since 2003 and revenue growth this year will likely be the slowest in at least four years, hit by a drop in visitors from the mainland who have been put off in part by rising hostility among Hong Kongers. Fifteen listed Hong Kong retailers with a market value of ... Read More »

China’s Dongxiang revenue falls 10.7% to 1.262b yuan in 2014

BEIJING: China Dongxiang Group Co. Ltd. said full-year attributable profit surged to 915 million yuan from 210 million yuan in the previous year. Earnings per share were 16.61 cents, compared to 3.82 cents last year. Revenue declined 10.7 percent to 1.262 billion yuan from 1.414 billion yuan in the prior year. The company is principally engaged in brand development, design ... Read More »

SL’s ICT export revenue to reach US $ 1 bn in 2015: Minister

COLOMBO: Sri Lanka’s ICT exports are projected to top one billion US dollars this year while the sector has grown at 123 per cent in the last five years, Minister of Industry and Commerce said. “Sri Lanka has launched an ICT value survey to find the national hi-tech exports it achieved in 2013/14.” the minister said in a statement. “All ... Read More »

Shanghai-HK share trading generate $68m revenue for HKEx in 2014

HONG KONG: Revenue and other income generated by the Shanghai-Hong Kong Stock Connect trading scheme launched in November last year was US$68 million, Hong Kong Exchanges and Clearing (0388) announced here the other day. The bourse operator said it opened up a new era for business growth. Shanghai-Hong Kong Stock Connect became operational on November 17 last year allowing individuals ... Read More »