Tag Archives: Profit

Ideas for Profit | Future Supply Chain: A lucrative investment opportunity

Logistics companies has been on an uptrend after the introduction of sectoral reforms in the past couple of years. Future Supply Chain Solutions (FSCS), the third-party logistics provider, has been on an aggressive expansion spree in the past one-year and the reported another strong result in Q3 FY19. Earnings are anticipated to gain further traction as the company has a strong revenue pipeline ... Read More »

Samsung Tips Profit Leapt 50 Percent Despite Galaxy Note 7 Fiasco

Samsung Electronics Co. said Friday that its profits in the last quarter of 2016 surged 50 percent to the highest level in more than three years, despite the Galaxy Note 7 fiasco. Analysts had expected Samsung’s profits to see big gains thanks to its mainstay semiconductor business, but the result surpassed even the most optimistic forecast. The semiconductor division cashed ... Read More »

Apple, Chinese Smartphone Makers Help Toshiba Return to Profit in Q2

Japanese conglomerate Toshiba Corp swung to an operating profit in the July-September quarter, driven by strong demand for NAND flash memory chips from Chinese smartphone makers. That boom in demand has been a blessing for Toshiba, which is seeking to recover from a $1.3 billion accounting scandal by turning itself into a company more focused on chips, nuclear energy and ... Read More »

Sony Surprises With Profit Warning on Sale of Battery Business

Sony Corp cut its annual profit outlook due to losses related to the sale of its battery business – disappointing a market that had been hoping for an upward revision on buoyant sales momentum for PlayStation 4 and the launch of its virtual reality headset. Emerging from years of restructuring, the consumer electronics giant is refocusing its business to concentrate ... Read More »

Apple Sees Drop in Profit, Revenue as iPhone Sales Slump

Apple’s quarterly profit slumped on a widely expected drop in iPhone sales, but gains in services offered some optimism on the company’s efforts to curb dependence on its smartphone. The company said Tuesday that profit fell 19 percent to $9 billion (roughly Rs. 60,134 crores) in the fiscal quarter ending September 24. Revenue fell nine percent to $46.9 billion (roughly Rs. ... Read More »

Samsung Cuts Profit by $2.3 Billion After Killing Galaxy Note 7

Samsung Electronics Co. cut its third-quarter operating profit outlook by $2.3 billion (roughly Rs. 15,375 crores) after ending production of its fire-prone Galaxy Note 7 smartphones, the first sign of how much the crisis will cost South Korea’s largest company. Profit will be KRW 5.2 trillion ($4.63 billion or roughly Rs. 30,953 crores) instead of KRW 7.8 trillion in the ... 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 »

Samsung’s Profit Surges to 2-Year High on Galaxy Phone Sales

Samsung Electronics Co. reported Thursday forecast-beating earnings results that were the best in two years as consumers snapped up its Galaxy smartphones, in a sign the company is getting its mojo back while rivals fail to deliver new smartphones. The South Korean company forecast that its performance will continue to be “solid” during the rest of the year because demand ... Read More »

Samsung Says finished With ‘Fancy capabilities’ for Smartphones, Will consciousness on profit

Samsung is reportedly converting its strategy to focus on “profit margins” instead of “fancy functions” for smartphones. Korea instances reports that Samsung has taken this decision because of the upward thrust of chinese language handset brands in addition to an uninspiring reaction from clients for “fancy capabilities” in its Galaxy collection. the new pass is said to be a manner ... Read More »

China’s ZTE Revises 2015 Profit After US Export Curbs

Chinese telecom equipment maker ZTE Corp revised down its 2015 net profit on Wednesday due to export curbs imposed by the US Commerce Department for alleged violations of sanctions against Iran. Shenzhen-based ZTE said its 2015 net profit rose 22 percent to CNY 3.2 billion ($493.3 million or roughly Rs. 3,277 crores). On January 19, the company reported a preliminary ... Read More »