Telekom Malaysia posted revenue of MYR 5.94 billion for the first six months of 2017, which represents an increase of 0.7 percent from MYR 5.90 billion in the year-earlier period. Revenue growth was driven by higher internet and ICT revenue contribution, the company said. First-half group EBIT amounted to MYR 560.9 million, compared to MYR 561 million in the first six months of 2016.
Profit after tax and non-controlling interest (PATAMI) reached MYR 440.9 million, whilst Group normalised PATAMI was higher by 18.2 percent year-to-date at MYR 437.8 million for the 6-month period ended 30 June, after setting aside non-operational items such as unrealised forex impact on borrowings and international trade settlements.
Internet revenue grew by 8.5 percent year-to-date. The Group continued to expand its broadband footprint nationwide. Telekom Malaysia ended June with 2.7 million broadband ports nationwide and its LTE network has expanded with coverage now at more than 80 percent in major cities.
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China Mobile profit rises 3.5% in H1
BEIJING - China Mobile, China's leading telecom services provider, reported higher profit growth on Thursday for the first half of this year.
Profits attributable to equity shareholders rose 3.5 percent year on year to 62.7 billion yuan (about $9.4 billion) in the first half, according to a company statement.
The growth was higher than the 0.2-percent increase in profits last year. Boosted by the announcement, the company's shares listed in Hong Kong rose 2.78 percent on Thursday.
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China Telecom profit up 7.4% in H1
BEIJING - China Telecom, one of China's three largest telecom operators, reported 7.4-percent net profit growth in the first half of the year due to "effective achievement in transformation and upgrades."
Net profit attributable to shareholders stood at 12.5 billion yuan ($1.9 billion) in H1, according to a statement on the company's website.
The number is about one fifth of the H1 profit for China Mobile, the country's largest telecom service provider.
"Adopting aggressive marketing strategies and rapidly expanding our scale with continual optimization in structures, we achieved excellent performance in our operating results," said Yang Jie, China Telecom chairman.
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Exhibition
Record audience expected in Wuhan to learn about the next era of FTTH demand at CRU's World Optical Fibre & Cable Conference CRU’s World Optical Fibre & Cable conference has experienced incredible growth since its launch in 2015. This year the conference, which is again hosted by YOFC, one of the leading manufacturers in the optical communications industry, is returning to the Optical Valley in Wuhan China on the 1-3 November. CRU is expecting over 700 attendees at what has now become established as the world’s premier event for producers of optical fibre and cable. The optical fibre and cable sector is at an interesting crossroads, as the high demand caused by the large scale FTTH deployment around the world is being replaced by new fibre requirements in data-centre network expansion and the arrival of 5G networks.more>>
OFC2018—A Dynamic Global Gathering The Optical Fiber Communication Conference and Exhibition (OFC) is the largest global conference and exhibition for optical communications and networking professionals. For over 40 years, OFC has drawn attendees from all corners of the globe to meet and greet, teach and learn, make connections and move business forward.more>>
Huawei Consumer Business Group Announces 2017 H1 Business Results
Growth in high-end markets fuels increased smartphone revenue and market share
[Shenzhen, China, July 27, 2017] Huawei Consumer Business Group today announced its 2017 first half year financial results: sales revenue for the first six months of 2017 increased by 36.2% year-on-year to CNY105.4 billion. Smartphone shipments also rose to 73.01million, a year-on-year increase of 20.6%.
Nokia Corporation Financial Report for Q2 and Half Year 2017
Nokia Corporation
Half Year Financial Report
July 27, 2017 at 08:00 (CET +1)
Nokia Corporation Financial Report for Q2 and Half Year 2017
Strong results in Nokia Technologies and solid performance in Nokia's Networks business
ZTE 6-month profit jumps nearly 30%, revenue up 13%
ZTE saw its first-half net profit jump 29.8 percent to CNY 2.29 billion. Profit growth was mainly boosted by the company's mobile network and smartphone businesses. Basic earnings per share increased to CNY 0.55. First-half revenue also increased by 13.1 percent to CNY 54.01 billion.
ZTE Guides for 29.9% Gain in 6-Month Net Profit
Year-on-year increase powered by network infrastructure and mobile devices
19 July 2017, Shenzhen, China – ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, published guidance for a 29.9% increase in net profit in the first half, as the company posted growth in its network infrastructure and mobile devices businesses.
Enterprises
Good News: Hengtong Optic-Electric Won Profit of 767 Million Yuan In First Half Of 2017, With An Increase of 100.67% Than Last Year In the evening of August 29th, Jiangsu Hengtong Optic-Electric released a semi annual report - the first half of 2017. The year-on-year revenue hit a new high record of up to 11.413 billion yuan. The net profit for attributable shareholders of listed company is 767 million yuan, with an increase of 100.67% than last year. The earnings of per share is 0.62 yuan. During the reporting period, Hengtong Optic-Electric doubled the net profit based on the revenue increase of 41.81%.
Yangtze Optical Fibre and Cable Joint Stock Announces 2017 Interim Results Recently, Yangtze optical Fibre and Cable Joint Stock Limited Company (stock code: 6869.HK, hereinafterabbreviated as YOFC) gained an overseas high-end market orderforair-blown micro-cables of nearly 500,000fibre kilometers by virtue of its leading technical superiority, enabling YOFC to be the first domestic enterprisein thelarge-scale manufacture of optical cables withcommercial 200um G.657A2 fibres andtheadoption of special loosetube extrusion process.
Time dotcom's H1 revenue jumps 21% on data, data centre sales growth Malaysian fixed-line telecommunications provider Time dotcom saw its first-half revenue grow 20.9 percent year-on-year to MYR 423.7 million, boosted by data and data centre sales which jumped 23.4 percent and 27.3 percent, respectively. After excluding non-recurring items from the current and previous corresponding period, Time posted a 13.9 percent year-on-year revenue increase, as demand from its Enterprise and Retail customers continued to be encouraging. Time also saw a core pre-tax profit of MYR 93.4 million, 23.3 percent higher than MYR 75.8 million in the first half of 2016.