News tagged with quarter profit

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Wind turbine maker Vestas posts higher sales

Vestas, the world's top wind turbine maker, said Wednesday it was seeing the fruits of an extensive restructuring programme as it announced an annual loss but said quarterly sales were higher.

dateFeb 06, 2013 in Business
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KPN posts fourth quarter loss; to issue new shares

Royal KPN NV, the largest telecommunications company in the Netherlands, said Tuesday it plans to issue €4 billion ($5.4 billion) in new shares to regain financial stability after a bad year that finished with the company ...

dateFeb 05, 2013 in Business
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NEC swings to quarterly net profit

Japanese information technology firm NEC said Thursday it had swung to a net profit in the October-December quarter, thanks in part to improved sales in defence systems and mobile networks.

dateJan 31, 2013 in Business
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Ericsson posts Q4 loss, but sales up

Wireless equipment maker Ericsson posted a 6.46 billion kronor ($1.02 billion) loss in the fourth quarter due to a massive one-time charge, but said Thursday its sales rose 5 percent as mobile operators invested in broadband ...

dateJan 31, 2013 in Business
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Wipro profits up 18 pct on strong demand

Wipro reported an 18 percent rise in December quarter profits Friday, beating expectations as global cost-cutting drives global businesses to Indian outsourcing companies.

dateJan 18, 2013 in Business
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Sharp shares soar in Tokyo on profit report

Sharp shares jumped nearly 13 percent in Tokyo trading on Friday after a Japanese media report said the embattled electronics giant logged an operating profit in the last quarter of 2012.

dateJan 11, 2013 in Business
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