Tag Archives: Jump

Polish new car registrations jump 16.4% in August

Registrations in August were down 5.7 percent from July. Samar said institutional clients were the driving force behind the year-on-year growth in registrations last month. WARSAW: New car registrations in Poland jumped 16.4 percent last month from a year earlier, data showed on Tuesday, helped by corporate purchases as a strong economy enabled companies to spend more. Registrations of cars, vans and ... Read More »

Samsung Reports Jump in Q4 Profits as Record Chip Earnings Mask Galaxy Note 7 Failure

Samsung Electronics said Tuesday that its fourth-quarter profit more than doubled over a year earlier thanks to record-high earnings from its brisk memory chip business and strong smartphone sales despite costly Galaxy Note 7 recalls. The South Korean company said Tuesday it posted KRW 7.1 trillion ($6.1 billion or roughly Rs. 41,539 crores) in net income during the October-December period, ... Read More »

HTC’s Consolidated Revenue for September Sees Year-on-Year Jump; Likely Boosted by Pixel Smartphones

HTC posted its earnings for September on Thursday following the official announcement of Google Pixel smartphones that were assembled by the company. The Taiwanese company reported a 31.3 percent year-on-year rise, and a 42 percent rise in comparison to August, in its consolidated monthly revenue during September to TWD 9.33 billion (roughly Rs. 2,000 crores). Even though there was no ... Read More »

Samsung Expects Q3 Profit Jump as Chip Surge Eases Galaxy Note 7 Recall Blues

South Korea’s Samsung Electronics Co expects third-quarter profit grew 5.6 percent, beating estimates, as a pickup in chip and display earnings likely offset the impact of a global smartphone recall that has roiled the tech giant. The world’s biggest smartphone maker said in a brief filing on Friday its operating profit for July-September was likely KRW 7.8 trillion ($7 billion), ... Read More »

Essar Oil Sees 7-Fold Jump in Q3 Net Profit to Rs 364 Crore

New Delhi: Essar Oil on Tuesday reported a seven-fold jump in its third quarter net profit at Rs 364 crore on account of record refining margins. The company’s net profit stood at Rs 52 crore in the same period a year ago, it said in a statement. However, total revenue declined 37 per cent to Rs 13,947 crore as oil ... Read More »