News tagged with operating profit

NEC swings to annual net profit

Japan's NEC cast off two straight years of losses Friday, reporting it had returned to the black after a painful restructuring including layoffs and a business overhaul.

dateApr 26, 2013 in Business
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LG Display logs small profit in Q1 (Update)

South Korean panel giant LG Display Co. said Monday that it logged a small profit in the first three months of the year, reflecting slackening orders from its key client, Apple Inc., during a typically slow period for consumer ...

dateApr 22, 2013 in Business
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Smart card maker Gemalto reports record 2012 sales

The world's leading manufacturer of smart cards, Gemalto, posted on Thursday a 25-percent jump in 2012 net profit on record sales, and forecast double-digit growth for this year built on growth in the international mobile ...

dateMar 14, 2013 in Business
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Sony April-December loss shrinks 75%

Japanese electronics giant Sony said on Thursday that its net loss from April to December shrank 75 percent on-year and added that it remains on track to achieve its forecast of a full-year profit.

dateFeb 07, 2013 in Business
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Fujitsu plunges into huge loss, eyes job cuts

Japan's Fujitsu said Thursday it lost almost $1.0 billion in the nine months to December and was looking into slashing 5,000 jobs worldwide as it struggles to compete with cheaper overseas competition.

dateFeb 07, 2013 in Business
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Nintendo chief rules out price cuts for Wii U

Nintendo's president Thursday ruled out price cuts for its new Wii U home console as a way to boost sales, vowing to become profitable again in its core businesses as smartphones and tablets increasingly threaten specialized ...

dateJan 31, 2013 in Business
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