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©REUTERS/Issei Kato
Samsung posts disappointing earnings forecast for Q2

Samsung Electronics Co. fuelled concerns about flagging demand for high-end smartphones with a weaker-than-expected earnings forecast for the second quarter.

Samsung posts disappointing earnings forecast for Q2
Mark Zuckerberg, Facebook's co-founder and chief executive. ©REUTERS
Facebook profit rise fueled by mobile ad growth

Facebook's profit in the first quarter of this year climbed as it used its grip on people's online social lives to challenge Google and Apple for revenue from mobile ads and apps.

Facebook profit rise fueled by mobile ad growth
Chairman of KazakhTelecom Kuanyshbek Yessekeyev. Photo by Yaroslav Radlovskiy©
KazakhTelecom earns 100 million tenge on 4G network

4G network brought KazakhTelecom 100 million tenge of profits in three months.

KazakhTelecom earns 100 million tenge on 4G network
©REUTERS/Vivek Prakash
Apple profit falls for first time in nearly a decade

Apple reported Tuesday that its quarterly profit dipped for the first time in nearly a decade as it squeezed less money from its champions in the competitive smartphone and tablet markets.

Apple profit falls for first time in nearly a decade
KEGOC chairman Bakytzhan Kazhiyev. Photo courtesy of newskaz.ru
KEGOC plans to earn $53 million in 2013

This year we expect to receive over 8 billion tenge in net profit: KEGOC chairman. He believe his company independent from the market.

KEGOC plans to earn $53 million in 2013
BlackBerry shows signs of life in transition quarter
BlackBerry shows signs of life in transition quarter

Showing signs of fresh life, smartphone maker BlackBerry eked out a small profit in a transition quarter in the midst of its rollout of a make-or-break platform to challenge Apple and Android.

BlackBerry shows signs of life in transition quarter
KazMunaiGas headquarters in Astana. Photo by Danial Okassov©
KazMunaiGas EP 2012 net profit 23% less than 2011

Kazakhstan's KazMunaiGas Exploration&Production has published its consolidated financial reports for 2012, net profit 23% less.

KazMunaiGas EP 2012 net profit 23% less than 2011
China holiday retail sales jump 15%: government
China holiday retail sales jump 15%: government

China on Saturday said retail sales jumped nearly 15 percent on-year during the week-long Lunar New Year holiday, as consumers splurged on jewellery, clothes and food.

China holiday retail sales jump 15%: government
Peugeot unveils historic 5 bn euro loss for 2012
Peugeot unveils historic 5 bn euro loss for 2012

Embattled French auto giant PSA Peugeot Citroen announced Wednesday a massive net loss of five billion euros ($6.7 billion) for 2012, the worst result in its history.

Peugeot unveils historic 5 bn euro loss for 2012
KazakhTeleCom logo
KazakhTeleCom's profits made 175 billion tenge in 2012

The company's last year's financial soundness indicators are within the standard range and have a positive dynamics compared to 2011.

KazakhTeleCom's profits made 175 billion tenge in 2012
NY Times making more from readers than advertising
NY Times making more from readers than advertising

The New York Times Company said Thursday that its revenue from readers and subscribers overtook that of advertising for the first time in 2012, as the media group reported a boost in profits.

NY Times making more from readers than advertising
Photo courtesy of topnews.ae
Philips returns to profit, sells entertainment business

Electronics giant Philips on Tuesday reported 2012 net profits of 231 million euros (311 million dollars), after losses of 1.29 billion euros in 2011, and announced the sale of its entertainment business to focus further on health products.

Philips returns to profit, sells entertainment business
Photo by Tengrinews.kz©
Profits from EXPO-2017 may reach $900 million

Kazakhstan experts have calculated that the EXPO-2017 exhibition in Astana may generate from $520 to $910 million in profits.

Profits from EXPO-2017 may reach $900 million
Apple hails results but outlook knocks stock price
Apple hails results but outlook knocks stock price

Apple shares slid about 10 percent Wednesday after the tech giant posted record profits and sales of its iPhones and iPads but offered a disappointing forecast for the coming months.

Apple hails results but outlook knocks stock price
©REUTERS
Google 2012 revenue hits $50 billion, profits up

Google reported Tuesday that its profit climbed and its annual revenue hit an unprecedented high last year as it evolved to stay in tune with people using smartphones and tablets.

Google 2012 revenue hits $50 billion, profits up
Photo courtesy of free source
KazakhTelecom increases profits 5.4-fold

Net profit of KazakhTelecom made 216 billion tenge in January-September 2012, which is 5.4 times more than in the same period of 2011.

KazakhTelecom increases profits 5.4-fold
KazMunaiGas headquarters. Photo by Danial Okassov©
KMG EP increased profit by 5% in January-September

Net profit of KazMunaiGas Exploration-Production in January-September 2012 went 5% up compared to the same period last year and made $1.2 billion.http://en.tengrinews.kz/admin/news/edit/14653/

KMG EP increased profit by 5% in January-September
©REUTERS
Australia defends mining tax after 'zero earnings'

Australian Treasurer Wayne Swan defended the government's mining profits tax Thursday after reports that no revenue had collected in the first quarter due to China-driven cooling in the sector.

Australia defends mining tax after 'zero earnings'
©REUTERS
Kazakhstan targets $15 thousand a year per capita

Kazakhstan’s income per capita should reach $15 thousand in 2018: expert.

Kazakhstan targets $15 thousand a year per capita
Samsung tips record Q3 profit of $7.3 bn
Samsung tips record Q3 profit of $7.3 bn

South Korea's Samsung Electronics said Friday it expected a record operating profit of 8.1 trillion won ($7.3 billion) in the third quarter, boosted by sales of its flagship Galaxy smartphones.

Samsung tips record Q3 profit of $7.3 bn