Loss, Loss & Loss ...
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Intel posts loss of $398m on EU antitrust fine, but beats expectations: Intel has reported second quarter loss of $398m, hit with a fine from the European Union, but the chip maker beat the market expectations and showed of the signs of recovery for the PC business. Paul Otellini, president and CEO of Intel, said: â??Intelâ??s second-quarter results reflect improving co...
Chip-maker AMD reports sixth quarterly loss in a row: San Francisco, April 18 (IANS) One of the world’s biggest chip maker Advanced Micro Devices (AMD) posted its sixth consecutive quarterly loss...
Mobile phone maker Sony Ericsson posts 2Q net loss of €213 million: Handset maker Sony Ericsson said, in the second quarter, it booked another loss as the global economic crisis continued to weigh on mobile phone sales...
The LM Ericsson and Sony Corp. joint venture said the loss: of €213 million ($299 million) compared with a profit of €6 million a year ago. The result was the fourth consecutive quarterly loss...
One in every three companies reports net loss: Feb 24, 2009 - As many as 2,431 firms in manufacturing and services sectors post their biggest-ever loss of 42.45 per cent.
The corporate sector has fared badly during the third quarter ended December 2008. The poor show came about due to a host of reasons, including slower sales growth, rise in production cost (other than raw materials), increase in interest burden, lower price realisation in global commodities, provisioning for mark-to-market (MTM) losses and reporting of net loss by one in every three companies.
In the third quarter, the 2,431 companies in manufacturing and services sectors posted their biggest-ever net profit decline of 42.45 per cent on slower sales growth of 9.74 per cent. Their net profit had declined by 34 per cent in the second quarter but was up by 10.2 per cent in the first quarter. During both these quarters, their sales had grown 38-39 per cent.
The private sector fared badly in the third quarter with a sales growth of 10.7 per cent and a net profit decline of 47.6 per cent. In the first two quarters, the private sector did comparatively well with only 6.1 per cent decline in net profit compared to a 33.9 per cent decline by the entire corporate sector.
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Intel posts loss of $398m on EU antitrust fine, but beats expectations: Intel has reported second quarter loss of $398m, hit with a fine from the European Union, but the chip maker beat the market expectations and showed of the signs of recovery for the PC business. Paul Otellini, president and CEO of Intel, said: â??Intelâ??s second-quarter results reflect improving co...
Chip-maker AMD reports sixth quarterly loss in a row: San Francisco, April 18 (IANS) One of the world’s biggest chip maker Advanced Micro Devices (AMD) posted its sixth consecutive quarterly loss...
Mobile phone maker Sony Ericsson posts 2Q net loss of €213 million: Handset maker Sony Ericsson said, in the second quarter, it booked another loss as the global economic crisis continued to weigh on mobile phone sales...
The LM Ericsson and Sony Corp. joint venture said the loss: of €213 million ($299 million) compared with a profit of €6 million a year ago. The result was the fourth consecutive quarterly loss...
One in every three companies reports net loss: Feb 24, 2009 - As many as 2,431 firms in manufacturing and services sectors post their biggest-ever loss of 42.45 per cent.
The corporate sector has fared badly during the third quarter ended December 2008. The poor show came about due to a host of reasons, including slower sales growth, rise in production cost (other than raw materials), increase in interest burden, lower price realisation in global commodities, provisioning for mark-to-market (MTM) losses and reporting of net loss by one in every three companies.
In the third quarter, the 2,431 companies in manufacturing and services sectors posted their biggest-ever net profit decline of 42.45 per cent on slower sales growth of 9.74 per cent. Their net profit had declined by 34 per cent in the second quarter but was up by 10.2 per cent in the first quarter. During both these quarters, their sales had grown 38-39 per cent.
The private sector fared badly in the third quarter with a sales growth of 10.7 per cent and a net profit decline of 47.6 per cent. In the first two quarters, the private sector did comparatively well with only 6.1 per cent decline in net profit compared to a 33.9 per cent decline by the entire corporate sector.
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