PCCW rebounded to profitability in 1999
Article Abstract:
Pacific Century CyberWorks Ltd. posted HK$346.8 million (45.9 million euros) in net profits for the 1999 year. The Hong Kong-based firm also posted a 15% rise in 1999 revenues.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
CyberWorks posts loss, but revenue climbs 40%
Article Abstract:
Pacific Century CyberWorks Ltd. launched a new venture in China and made clear intentions for its Network of the world broadband Internet service after posting earnings for the first six months. The company reported a net loss of HK$34.94 million (Euro5.1 million), versus a loss of HK$40.71 million a year earlier. But first-half revenue increased 40% from a year earlier.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
A PCCW-HKT Merger Seems to Lack Synergy. (Pacific Century CyberWorks Ltd., offer to acquire Hong Kong Telephone)
Article Abstract:
The motives of Hong Kong-based Internet service provider Pacific Century CyberWorks Ltd.'s chairman Richard Li's plans to acquire Hong Kong Telephone Company Ltd., from United Kingdom's Cable and Wireless PLC, seems unclear to analysts. It may affect Singapore Telecommunications Ltd.'s bid for Hong Kong Telephone Co.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Telstra absorbs some hits; shares fall on news of CyberWorks alliance. (Pacific Century CyberWorks Ltd., and Telstra Corporation Ltd.)
- Abstracts: Pacific Century CyberWorks emerges as a suitor for Cable & Wireless HKT. Pacific Century CyberWorks wins control of Cable & Wireless HKT
- Abstracts: Air New Zealand to buy other half of Ansett Holdings from News Corp. Singapore Airlines will boost its stake in Air New Zealand
- Abstracts: EM.TV to sell minority stake, Formula One interest to Kirch. EM.TV agrees to buy Henson in deal valued at $680 million
- Abstracts: Pirelli wants to revisit terms for takeover of Telecom Italia. Pirelli rolls out new web strategy