Serbian Finance Minister Diana Dragutinović said Friday that she expected the total budget revenue in 2011 to exceed earlier forecasts by about RSD 10bn.
“Based on these two months – December of last and January of this year – I can accurately predict the revenue in 2011,” she said, adding that she was almost certain it would be “at least RSD 10bn higher than planned.”
Microsoft is betting that customers will embrace its cloud offerings, but executives on the Jan. 27 earnings call offered no timetable for that future ramp-up. – Microsoft may
have adopted an “all in” strategy with regard to the cloud, but its Jan. 27
earnings call suggests the company at least publicly is playing a bit loose
with its roadmap for client adoption of the technology.
That could be
a reflection of some companies reluctance to embrace the c…
SMRT says net profit for third quarter FY2011 (3QFY2011) grew by 9.6% to $43 million on account of higher revenue and absence of impairment of goodwill, although this was partially offset by higher operating expenses.
Group revenue for the third quarter increased by $19.1 million or 8.5% to $243.9 million.
Revenue from Train operations increased by $11.0 million (9.0%) in 3Q FY11 as a result of higher MRT ridership, partially offset by lower average fare for MRT due to the implementation of distance fares. In addition, the opening of Circle Line Stages 1 and 2 contributed to the increase in revenue.
The company reports net income for its third quarter of $132 million, compared with $301 million for the same quarter in 2010. – In its fiscal third-quarter earnings report on Jan. 26, data protection
provider Symantec had some good news and some not-so-good news: It reported a 4
percent increase in its overall revenue but also that its profit margin slipped
56 percent from a year ago.
Nonetheless, the company’s quarte…
DBS Vickers Securities in a Jan 24 research report says: “4Q10 DPU of 2.38 cents (+16% y-o-y; 6% q-o-q) was within our expectations. Gross revenue grew 21% y-o-y to $21.5 million, driven largely by additional contributions from a total of 19 nursing homes acquired and higher revenue from Singapore properties.
Parkway Life Real Estate Investment Trust (PLife REIT) says it registered a 21.1% increase in gross revenue from $17.7 million in the previous corresponding period (4Q 2009) to $21.5 million for the fourth quarter (4Q 2010) ended 31 December 2010.
PLife REIT says this was primarily due to the full quarter revenue contribution amounting to $0.9 million from the eight Japan nursing home properties acquired in November 2009, and recognition of revenue contribution amounting to $2.5 million from the 11 Japan nursing home properties acquired in June and July 2010.
M1 Limited (M1) says net profit after tax increased 4.5% to $157.1 million for the year ended Dec 31, 2010.
Operating revenue at $979.2 million rose 25.3% year-on-year due to higher service revenue and handset sales. Service revenue grew 4.6% to $732.9 million, benefiting from growth in mobile customer base, as well as higher contribution from fixed services. EBITDA at $313.3 million was up 1.2%.
Revenue from non-voice services rose by 5.9% points to make up 31.9% of service revenue, driven by continual growth in mobile broadband and smartphone customer base.
Ascendas REIT (A-REIT), the business space and industrial real estate investment trust, says net property and related finance lease interest income increased 3.3% year-on-year to $84.1 million for 3Q FY2010/11.
Distribution Per Unit (DPU) grew by 0.6% year-on-year to 3.29 cents
Media firm Singapore Press Holdings (SPH) (SPRM.SI) said on Friday its first quarter net profit fell 29.3% due to a drop in operating revenue from its property segment.
SPH’s net profit for the three months ended November 30 was $102.3 million, down from $144.7 million in the same period a year ago, it said in a statement.
The company, which has a near monopoly on newspaper publishing in Singapore, also said its first quarter revenue fell by 10% to $318.7 million as revenue from property business plunged 63% to $36.8 million.
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Ezra Holdings, the integrated support and marine services provider in the offshore oil and gas (O&G) sector, reported a 25% year-on-year increase in revenue to US$75.9 million ($98 million), for the first quarter ended 30 November 2010 (1Q FY11).
Ezra says the strong growth in revenue was spurred by two of its divisions: deepwater subsea services and marine services.
Production house UTV, which has satiated the appetite of viewers with a mixed bouquet of eight movies, including big budget multi-starrer “Raajneeti” and small but successful outings like “Udaan” and “Peepli Live”, is eyeing revenues of Rs.450 crore ($100 million) by March 2011. “Sorry, we can’t get into figures for the investment bit and the [...]
It seems that we hear quite a bit these days about people that make loads of money and now are writing articles and maintaining their websites from a beach side resort because they will never have to work again. Sounds like your story, doesnt it? All too often the difference between outrageously successful websites and the ones that suffer to just get by is either planning or just dumb luck.
Internet Browsers these days are on a competition course with various tech giants introducing updates and new UI to their version of the Internet Browsers. Recently, a survey company named as StatCounter released its data on the usage of the browsers globally in the month of September.
Medi-Flex says it registered sales revenue of RM29.03 million ($12.08 million) and a profit after tax of RM1.07 million for the first quarter ended Nov 30 2010 (1QFY2011).
In comparison, the group’s 1QFY2010 revenue was RM24.31 million while profit after tax was RM1.79 million.
Mainboard-listed Datapulse Technology, one of the leading total solution providers of CD and DVD services in the Asia Pacific region, reported its first quarter results for the financial year 2011.
For 1Q FY2011, revenue increased by 4.6% from $20.5 million to $21.4 million. The group continued to enjoy the usual higher level of business activities from year-end orders with the increase in revenue attributed to certain higher value kitting projects undertaken during 1Q FY2011.
A lot of clamour is happening around the term Cloud Computing. In a layman language, Cloud Computing defines the mechanism of renting the software instead of getting it installed practically on the machine, which is accessing the software
