Asiatravel.com Holdings, the regional online travel and hotel reservation service provider, posted a net profit attributable to shareholders of $5.5 million for its FY2009 results ended Sept 30, 2009, an improvement of 0.7% over that in FY2008.
Revenue for the full year rose 4.3% to $89.4 million from $85.7 million.
Cerebos Pacific today says it posted a 26% rise in 4th quarter FY2008/9 net profit to $25.1 million from $19.8 million in the 4th quarter of last year. Operating profit before interest and tax was 10% above the 4th quarter of last year, mainly from stronger sales in most product categories in most of its major markets.
For the full year FY2008/9, Cerebos achieved a net profit of $82.8 million ($81 million in FY2007/8) on level turnover of $775.2 million. Excluding the translation loss of $59.9 million, the growth in full-year turnover would have been 8%, driven by the growth from all three core businesses of Health Supplements, Coffee and Sauces. Group operating profit was 4% lower than the previous year. Excluding the translation loss of $4 million, Operating Profit would have been on par with last year. Return on shareholders’ funds was a respectable 22.8%.
BRC Asia, the provider of prefabricated steel reinforcement in Singapore, saw a 271% y-o-y jump in net profit for the financial year ended Sept 30 (FY09) to $16.5 million as Singapore’s construction sector remained strong, backed by a slew of projects in the public sector.
BRC says it enjoyed a 33% increase in revenue from $203.6 million in FY08 to $270.6 million in FY09 as higher sales volume helped offset a fall in unit selling prices which decreased in tandem with lower steel prices.
Marco Polo Marine, the integrated marine logistics group, says group revenue rose 19% to $54.5 million for the financial year ended Sept 30, 2009 (FY2009) from $45.9 million in FY2008, driven by the strong growth in ship chartering and ship repair businesses.
However, full-year net profit fell 10% to $10.1 million in FY2009 from $11.1 million in FY2008.
Sprint lost 801,000 post-paid subscribers during the fourth quarter, which was an improvement the quarter before. Slowing the exodus is an expanding device portfolio. In addition to the Palm Pre, Sprints lineup will soon include the Palm Pixi and the Android-running HTC Hero and Samsung Moment.
– Sprint continued to see customer losses in the third quarter of
2009, the company reported during an Oct. 29 quarterly earnings call.
Customer numbers fell by 1 percent from the previous quarter, down to
48.3 million. Rivals AT amp;T and Verizon, which each also announced profits in the past few …
Microsoft continues to work on the data-loss situation for T-Mobile Sidekick owners, posting a link on the My.T-Mobile Web site on Oct. 20 allowing users of the smartphone to restore their personal contacts. Other information such as photographs and notes will be restored at a later date. A server failure at Microsoft subsidiary Danger, Inc. reportedly led to the personal data loss for a portion of 800,000 Sidekick owners earlier in October.
–
Microsoft has released a recovery tool for T-Mobile Sidekick
owners who lost their personal data due to a catastrophic server failure earlier
this month. The hardware in question reportedly belonged to Microsoft subsidiary
Danger, Inc.
Starting Oct. 20, Sidekick users can sign onto the M…
Apple reports strong fiscal fourth-quarter results based on increased Mac and iPhone sales, although its iPod sales declined from the same quarter in 2008. Apple Chief Financial Officer Peter Oppenheimer indicates that Apple’s newest operating system, code-named Snow Leopard, has been selling at twice the speed of the original Leopard.
– Apple
announced on Oct. 19 fiscal fourth-quarter results that trumped Wall Street
expectations, with revenue of $9.87 billion and a net quarterly profit of $1.67
billion. During the quarter, Apple sold about 3.05 million Macs, a 17 percent
year-over-year rise, and 7.4 million iPhones, a 7 percen…
AMD posts another financial loss for the third quarter of 2009, but the company’s executives offer an optimistic outlook for the next few months and into 2010. Specifically, the company says it believes consumers are ready to start buying desktops and notebooks again. AMD’s results follow a solid quarterly report from Intel.
– Advanced Micro Devices posted a financial loss in the third quarter, but the
company’s executives said they believe that the chip maker is poised for a
turnaround in the coming months.
During an Oct. 15 conference call to discuss AMD’s
third-quarter results, CEO Dirk Meyer
offered a positive ou…
The world’s top cell phone maker Nokia shocked investors by taking a major writedown at its struggling networks unit and revealing a fall in its smartphone sales from the previous quarter.
– HELSINKI, Oct 15 (Reuters) – The world’s top cell phone maker Nokia shocked investors by taking a major writedown at its struggling networks unit and revealing a fall in its smartphone sales from the previous quarter.
Shares in Nokia fell 10 percent to 9.27 euros by 1151 GMT on Thursday, after the …
PEC, the engineering specialist for the oil and gas and petrochemical industries, today says for the full year ended 30 June 2009 (FY2009), the group posted a 40% year-on-year increase in revenue to an all-time high of $440.5 million from $314.6 million in FY2008.
PEC says the increase was mainly due to increased revenue contributions of $132.8 million from project works in the Middle East and Singapore but partially offset by a decrease of $7.2 million in revenue contributions from lower maintenance activities.
AMD posts another quarterly financial loss, but the results show some improvement over AMD’s performance from a year ago. While AMD executives did not offer details, they say they expect a better second half of 2009. AMD plans to focus on its new Opteron processors for servers, as well as on new notebook platforms.
– Advanced
Micro Devices posted another quarterly financial loss July 21, but the chip
maker’s results were better than a year ago and the company plans to improve
its position with new Opteron processors for servers, as well as several new
laptop platforms.
Although AMD posted a loss in the seco…
On Tuesday night, CNN’s Jeanne Moos interviewed people who describe their accidents while texting, from running into posts, tree branches, and getting tangled in dog leashes.
Watch the video:
Embedded video from CNN Video
