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Business 21 Feb 2003 | 12:00 AM

Matsushita posts robust Q3 results

Matsushita Electric Industrial Co Ltd, the world#8217;s second largest consumer electronics maker, reported strong third-quarter earnings yesterday on brisk sales of DVD players and recorders as well as other audiovisual products.

Business 28 Feb 2003 | 12:00 AM

Air New Zealand swings back into the black

Air New Zealand swung back into profit in the first half of its current financial year as it benefited from lower costs, a surging kiwi dollar and a major revamp after its near-collapse in 2001.

Business 04 Mar 2003 | 12:00 AM

KPN posts record net loss but sees progress

Dutch telecoms group KPN reported yesterday a record 2002 net loss of 9.54 billion euros, but posted a robust core profit that underlined its strong operational performance last year.

Business 28 Jun 2003 | 12:00 AM

Deutsche Telekom steps up Asia pullout

Debt-laden Deutsche Telekom AG stepped up its pullout from Asia yesterday by offering its US$427mil stake in Globe Telecom Inc to other major shareholders of the second largest phone company in the Philippines.

Business 26 Jul 2003 | 12:00 AM

VW core earnings halved

Europe's biggest carmaker, Volkswagen AG (VW), said yesterday its core profit had fallen by more than half in the second quarter as a strong euro, new product costs and slumping demand took their toll.

Business 02 Aug 2003 | 12:00 AM

KT Corp profit for second quarter down by a third

B>SEOUL: /B>South Korea's top fixed-line and Internet broadband operator KT Corp reported yesterday a one-third drop in quarterly profits as growth in the country's once-torrid telecoms market begins to slow down.

Business 21 Aug 2003 | 12:00 AM

Lend Lease slips into the red

Australian developer and real estate fund manager Lend Lease Corp Ltd reported yesterday a deep plunge into the red for 2002/03 after writing off A$945mil on its troublesome US businesses.

Business 22 Aug 2003 | 12:00 AM

Road Builder tops RM1bil revenue

ROAD Builder (M) Holdings Bhd has performed to analysts' expectations, posting a second consecutive year of record core earnings.

Business 15 Oct 2003 | 12:00 AM

Philips swings to Q3 profit, chips improve

Philips, Europe's largest consumer electronics group, has swung to a bigger-than-expected third-quarter net profit and reported improving sales at its closely-watched semiconductor unit.

Business 13 Nov 2003 | 12:00 AM

NTT first-half earnings up 12-fold

Nippon Telegraph and Telephone Corp (NTT), the world's largest telecoms group by sales, has reported a nearly 12-fold jump in first-half net profit, thanks to cost cutting, with no big overseas losses hurting its bottom line this time.