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Tag | revenue

China Mobile Made Net Profit Of CNY55.329 Billion In H1 2009

21 August 2009

China Mobile has published its performance for the first half of 2009 and states it made net profit of CNY55.329 billion.
According to statistics provided by the company, its operating revenue increased by 8.9% year-on-year to CNY212.913 billion during the period while its net profit increased by 1.4% to CNY55.329 billion. The company will pay an [...]

Chunghwa Telecom Expects Profit Fall In Q3 2009

16 July 2009

Taiwanese telecom operator Chunghwa Telecom has published a report stating that the pre-tax profit of the company is expected to be NTD11.79 billion in the third quarter of 2009, a significant decrease compared with the NTD17.28 billion in the same period of last year.
The report states that affected by the economic slowdown and the reduction [...]

Shanda Rumored To Be Buying Hurray While Best Prospect Whines About Acquisition

13 May 2009

In a letter to shareholders of Chinese wireless value-added services firm Hurray, Best Prospect Overseas Limited has stated that Hurray's management and board "seems to believe that they do not need to answer, or even listen, to Hurray!'s shareholders".
Best Prospect is trying to buy a 51% stake in the beleaguered WVAS firm, and in its [...]

China Unicom Made Net Profit Of CNY3.566 Billion In Q1 2009

04 May 2009

China Unicom has published its unaudited financial report for the first quarter of 2009 ended March 31 and states it made revenue of CNY37.917 billion while its net profit was CNY3.566 billion.
Apart from the CNY150 million from the deferred income of the fixed line installation fees, China Unicom's revenue in the period was CNY37.77 billion, [...]

Three Chinese Telecom Operators Release Latest Operating Statistics

22 April 2009

The three major Chinese telecom operators, China Mobile, China Telecom, and China Unicom, have all published their latest operating statistics, with China Mobile and China Telecom providing their financial reports for the first quarter of 2009 and China Unicom revealing its performance for March 2009.
China Mobile said its net profit increased by 5.2% to CNY25.2 [...]

New CFO Takes Helm At China's Hurray

20 April 2009

Chinese wireless value-added services firm Hurray Holding Company Ltd. has promoted Xiaoqing Guo to the job chief financial officer, effective immediately.
Guo previously served as acting CFO and vice president, and has been with the Company since December 2003. She will retain her VP title.
Hurray is in a period of messy reorganization, as its founder and [...]

China Unicom Net Profit Up 58% In 2008

02 April 2009

Chinese telecommunications operator China Unicom has published its annual financial report for 2008 and states that its net profit increased by 58% year-on-year to CNY33.91 billion.
According to the report, China Unicom made revenue of CNY148.91 billion in 2008, a year-on-year decrease of 0.8%. Its combined annual net profit was CNY33.91 billion, of which, CNY27.57 billion [...]

China Telecom Net Profit Down 96.3% In 2008

26 March 2009

Chinese telecommunications operator China Telecom has published its annual financial report as of December 31, 2008, which states its net profit decreased by 96.3% compared with that of 2007 to CNY884 million.
According to the report, China Telecom made revenue of CNY186.801 billion in 2008 and its earnings before interest, taxes, depreciation and amortization were CNY84.696 [...]

China Mobile Net Profit Up 29.6% In 2008

20 March 2009

Chinese telecommunications operator China Mobile has published its annual financial report for 2008, which states its net profit increased by 29.6% to CNY112.8 billion during the period.
The report also reveals China Mobile's total revenue increased by 15.5% year-on-year to CNY412.343 billion; its earnings before interest, taxes, depreciation and amortization were CNY216.487 billion, a year-on-year increase [...]

China's Linktone Expects No Chinese Wireless Growth This Quarter

19 March 2009

Chinese wireless value-added services firm Linktone Ltd. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2008, but even though its quarterly net income magically hit USD0.6 million, its net loss for the full year of 2008 slumped to USD16.5 million.
WVAS revenues for the fourth quarter were USD19.4 million, [...]

Hurray! Takes Business Pounding In China

06 March 2009

Revenue news for Chinese wireless value-added services and music production company Hurray! Holding Company Ltd. is not good as the company announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2008.
For the quarter, total revenues hit USD14.4 million, representing an increase of 6.7% quarter-over-quarter and a decrease of 9.2% [...]

China's Mobile Aspirations Disappoint As KongZhong Posts Annual Results, Gains Nokia Investment

19 February 2009

Chinese wireless value-added service firm KongZhong Corporation reported its unaudited fourth quarter 2008 financial results and showed a negligible quarterly profit and overall net loss for 2008.
While the company gleefully proclaimed that quarterly revenues exceeded guidance, with total revenues for the fourth quarter of 2008 increasing 34% year-over-year and 7% quarter-over-quarter to USD26.74 million, net [...]

AsiaInfo Proudly Proclaims Revenue Increase

12 February 2009

Telecom service provider AsiaInfo Holdings announced its cheery financial results for the fourth quarter and full-year ended December 31, 2008, with total revenues meeting guidance.
Total revenues for the fourth quarter of 2008 were USD53.7 million, an increase of 31.7% year-over-year and 19.8%, sequentially. Meeting guidance, non-GAAP net revenue for the fourth quarter of 2008 was [...]

Trouble At KongZhong? CFO Departs Chinese Wireless Firm

29 January 2009

Beleaguered Chinese wireless value-added services firm KongZhong (KONG) has announced that Sam Sun, its chief financial officer, is leaving the company by the end of the week.
While it's never a good corporate omen for a CFO to flee so quickly from a company, while Sun will officially depart on February 1, 2009, he will stay [...]

Huawei Sales Up 46% In 2008

09 January 2009

Chinese telecommunications equipment maker Huawei Technologies increased its sales by 46% year-on-year to USD23.3 billion in 2008.

Report: China's Mobile Phone Sales Decreased 2.7% In Q3 2008

08 January 2009

According to the latest report on China's mobile terminal market in the third quarter of 2008 released by the market research firm Analysys International, 34.79 million mobile phones were sold in China from July to September 2008, decreasing 2.7% compared with the second quarter of 2008.

Linktone Expects Q4 Revenue To Drop On Loss Of Digital Advertising

02 December 2008

Chinese wireless value-added services firm Linktone (LTON) stated that its revenues for the third quarter ended September 30, 2008 rose slightly to USD20.3 million, compared with USD19.1 million in the second quarter of 2008 and USD13.3 million in the third quarter of 2007.

Net Loss For Chinese Wireless Firm Hurray

21 November 2008

Chinese wireless value-added services firm Hurray (HRAY) has reported a net loss of USD9.2 million for the third quarter ended September 30, 2008.

KongZhong Releases Q3 2008 Financial Results

18 November 2008

Chinese wireless value-added services company KongZhong Corporation (KONG) has released its unaudited third quarter 2008 financial results showing total revenues for the third quarter of 2008 increased 46% year-over-year and increased 7% quarter-over-quarter to USD25.05 million.

ZTE Made CNY258 Million Net Profit In Q3 2008

27 October 2008

China's leading telecom manufacturer ZTE Corporation has released its report for the third quarter of 2008, which says its net profit increased by 80.65% year-on-year to CNY258 million.

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