Sunday , July 5 2020
Breaking News
Home / Tag Archives: Revenue (page 6)

Tag Archives: Revenue

Growth of 2.4%: Kuwait’s NMTC revenue jumps by KD 748.5 million in 2014

KUWAIT: National Mobile Telecommunications Company NMTC (Ooredoo) announced its financial results for the year of2014 here the other day. * Total customer base increased to 23.2 million at the close of 2014, versus 19.9 million for the same period in 2013, amounting to growth of 16.4percent. * Revenues for year of 2014 amounted to KD 748.5 million ($2,553.9 million), compared ... Read More »

Qatar’s Milaha revenue jumps 10pc to QR1.04bn in 2014

DOHA: Qatar Navigation Company’s (Milaha) net profit for the full year 2014 touched QR1.04bn, up 10 percent from QR950m recorded a year ago. Milaha’s earnings per share (EPS) amounted to QR9.23 in 2014 compared to QR8.33 in 2013. Company directors have recommended cash dividend of 55 percent of its share’s par value, or QR5.5 per share. The company’s operating revenues ... Read More »

Decline of 17.8%: Telekom Malaysia posts FY14 earnings of RM831.8m

KUALA LUMPUR: Telekom Malaysia Bhd posted earnings of RM831.81mil in the financial year ended Dec 31, 2014, a decline of 17.8% from RM1.012bil in FY13 due to higher operating costs and high tax charge. It announced its revenue was however higher by 5.7% at RM11.235bil from RM10.628bil in FY13, mainly due to higher revenue from Internet and multimedia, data and ... Read More »

Qatar’s Milaha revenue jumps 10pc to QR1.04bn in 2014

DOHA: Qatar Navigation Company’s (Milaha) net profit for the full year 2014 touched QR1.04bn, up 10 percent from QR950m recorded a year ago. Milaha’s earnings per share (EPS) amounted to QR9.23 in 2014 compared to QR8.33 in 2013. Company directors have recommended cash dividend of 55 percent of its share’s par value, or QR5.5 per share. The company’s operating revenues ... Read More »

Singapore’s Genting Q4 revenue falls by 30% to S$119 million

SINGAPORE: Genting Singapore reported a 30 per cent fall in fourth-quarter net profit here the other day. Genting, which derives the bulk of its revenue from the Resorts World Sentosa (RWS) integrated resort, earned S$118.9 million in the three months ended December, down from S$170 million in the same period a year ago. “RWS contributed revenue of S$637.3 million and ... Read More »

NZ Bunnings operations revenue up 12.6pc to $865m in Dec 2014

WELLINGTON: NZ Bunnings operations have achieved revenues of $865.3 million in the December 31, 2014. The New Zealand operations of big-box DIY, hardware, home improvement, outdoor living and garden chain Bunnings pushed up revenue 12.6 per cent to make $865.3 million in the December 31, 2014 half year. “The good trading performance is a direct outcome of a strategic agenda, targeting ... Read More »

Revenues to rise to IDR1,440tr: Indonesia seeks 1.9% decline in budget deficit

JAKARTA: Indonesia House of Representatives approved the final version of Indonesia’s 2015 Budget, which targets a significant increase in tax revenue to produce a reduced 1.9 percent budget deficit for the year. This would be lower than the 2.2 percent shortfall estimated in the preliminary budget approved in September last year, before President Joko Widodo’s Government came to office. Revenues ... Read More »

NZ Bunnings operations revenue up 12.6pc to $865m in Dec 2014

WELLINGTON: NZ Bunnings operations have achieved revenues of $865.3 million in the December 31, 2014. The New Zealand operations of big-box DIY, hardware, home improvement, outdoor living and garden chain Bunnings pushed up revenue 12.6 per cent to make $865.3 million in the December 31, 2014 half year. “The good trading performance is a direct outcome of a strategic agenda, targeting ... Read More »

Singapore SMEs in construction sector records 25.6% revenue plunge in 2014

SINGAPORE: Small and medium enterprises in the construction sector posted a 25.6% plunge in revenue last year, while the number of loss-making SMEs increased by 14%. Data from DP Information Group showed that there were 130 loss-making companies among the 1000 largest SMEs in the country, compared to just 114 in 2014. The construction sector posted the biggest drop in ... Read More »

Philippines BIR slashes revenue projection for 2015 to P1.674 trillion

MANILA: The government’s revenue target may need to be reviewed because of the decline in world oil prices and other measures that may erode collections of revenue generating agencies. Budget Secretary Florencio Abad told reporters in a chance interview the government may have to review its revenue targets. “We have to sit down again and look at it, including increased ... Read More »

Indonesia oil & gas revenue to fall by 61.6% in 2015

JAKARTA: Revenues from oil and gas sector this year are predicted to decrease down to 61.6% after the government and the House of Representatives agreed on Indonesia oil price assumption in 2015 revised budget of US60 per barrel. The meeting between the Ministry of Energy and Mineral Resources and the Commission VII of the House of Representatives agreed on the ... Read More »

S$756m financing, S$2.33b insured amounts: 50% of Singapore SMEs generating offshore revenue

SINGAPORE: More Singapore companies are expanding their footprints overseas. In its latest annual Year-in-Review released here the other day, IE Singapore said local firms that make an overseas foray are able to improve productivity, gain access to more resources and build new business capabilities. This will in turn benefit Singapore and Singaporeans, it said. According to its latest numbers, 50 ... Read More »

Singapore SMEs in construction sector records 25.6% revenue plunge in 2014

SINGAPORE: Small and medium enterprises in the construction sector posted a 25.6% plunge in revenue last year, while the number of loss-making SMEs increased by 14%. Data from DP Information Group showed that there were 130 loss-making companies among the 1000 largest SMEs in the country, compared to just 114 in 2014. The construction sector posted the biggest drop in ... Read More »

Virgin Australia increases its revenue by 6%

CANBERRA: Australia’s second-largest carrier has reported that Virgin Airlines has increased six percent revenues, taking it to A$2.38 billion (£1.19 billion) compared to the same period a year earlier. This boost allowed the company to narrow its losses to A$47.8 million following a significant cost-cutting programme in the six months to December. Australia’s second-largest carrier, behind Qantas, has confirmed that ... Read More »

NZ Livestock Improvement Corp sets target of $1b revenue by 2025

WELLINGTON: Livestock Improvement Corp have set a “roadmap” to sound out its farmer-shareholders about the possibility of raising capital to drive growth aimed at achieving $1 billion in revenue by 2025. Livestock Improvement (LIC), which supplies three-quarters of the New Zealand dairy industry with bull semen, will remain under farmer ownership and control, regardless of what happens with its capital ... Read More »

NZ Livestock Improvement Corp sets target of $1b revenue by 2025

WELLINGTON: Livestock Improvement Corp have set a “roadmap” to sound out its farmer-shareholders about the possibility of raising capital to drive growth aimed at achieving $1 billion in revenue by 2025. Livestock Improvement (LIC), which supplies three-quarters of the New Zealand dairy industry with bull semen, will remain under farmer ownership and control, regardless of what happens with its capital ... Read More »

Thai SC Asset Corp PCL foresees increase in revenue up to 10% after launching of projects worth $430m

BANGKOK: Thai property developer SC Asset Corp PCL has said that revenue would be increased up to 10 percent in 2015, as it plans to launch seven new high-end housing projects worth a combined 14 billion baht ($430 million). SC Asset, majority owned by the Shinawatra family, expects housing sales of 13 billion baht this year, up 52 percent from ... Read More »

Taiwan science parks earn record $73.65 billion revenue in 2014

TAIPEI: Taiwan’s three science parks reported record revenues of NT$2.32 trillion (US$73.65 billion) in 2014, up 6.28 percent year on year, according to the Ministry of Science and Technology here the other day. Hsinchu Science Park in northern Taiwan led the way at NT$1.16 trillion, a rise of 4.57 percent; Southern Taiwan Science Park in Tainan City came second with ... Read More »

Indonesia’s Waskita Karya eyes 28% growth to $1.04 billion in 2015

JAKARTA: Indonesian state-controlled construction company Waskita Karya said it expects its revenue to rise 28 percent to Rp 13 trillion ($1.04 billion) this year here the other day. The company is also planning a rights issue to raise Rp 5.3 trillion in the second quarter to fund infrastructure projects in the Indonesian islands of Java and Sumatra, Corporate Secretary Antonius ... Read More »

Thai SC Asset Corp PCL foresees increase in revenue up to 10% after launching of projects worth $430m

BANGKOK: Thai property developer SC Asset Corp PCL has said that revenue would be increased up to 10 percent in 2015, as it plans to launch seven new high-end housing projects worth a combined 14 billion baht ($430 million). SC Asset, majority owned by the Shinawatra family, expects housing sales of 13 billion baht this year, up 52 percent from ... Read More »