Lenovo sees Q2 revenue, profit increase

Lenovo’s quarterly revenue for the second quarter, ended 30 September, was $9,8-billion, a 13% increase year-over-year. Second quarter profit grew even faster with pre-tax income increasing 30% year-over-year to US$265-million, while earnings grew 36% year-over-year...

Neotel reports profit for the first time

Neotel has announced that the business grew 21% year-on-year and turned PBT (profitable before tax) positive for the first time since its inception seven years ago. The company achieved a positive PBT ahead of its plans. The company also announced a 21% increase in...

Apple’s revenue up, profit down in Q3

Apple has posted quarterly revenue of $37,5-billion and quarterly net profit of $7,5-billion, or $8.26 per diluted share, for the fiscal 2013 fourth quarter ended 28 September 2013 – down from its results a year ago. These results compare to revenue of $36-billion and...

Gijima confident of return to profitability

Despite experiencing a challenging financial year with revenue from continuing operations down 17% for the year to 30 June 2013, Gijima is confident that it will return to profitability in 2014. Second half results show that the operating loss (excl. once off items)...

EOH grows revenue 40%, profit up 49%

EOH has reported a 40% increase in group revenue, to R5,086-billion, for the year ended 31 July 2013. Profit after tax increased by 49% to R331-million, while headline earnings per share (HEPS) was up 34% to 339 cents. “EOH is now one of the strongest players in the...