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ZTE makes its mark at MWC 2021

Retrieved on: 
Monday, June 28, 2021

Committed to building a green, secure and intelligent digital network, ZTE has displayed brand-new solutions of 5G SA and all optical networks at the MWC 2021.

Key Points: 
  • Committed to building a green, secure and intelligent digital network, ZTE has displayed brand-new solutions of 5G SA and all optical networks at the MWC 2021.
  • ZTE's industry-leading terminal devices have been also demonstrated at MWC 2021, including the latest flagship smartphone ZTE Axon 30 series, the fashionable ZTE S30 series, ZTE Watch GT, ZTE LiveBuds and other intelligent ecological products, as well as C-IoT personal and family data terminal products including personal ZTE 5G Portable CPE MU5001.
  • Also, ZTE hosts three major online theme forums: "Delivering Network Services During Covid-19", "5G SA Prime", and "Messaging in 5G Era".
  • Amid the MWC 2021, ZTE, together with the Italian Red Cross, has rolled out the first 5G smart T-shirt in globe.

ZTE makes its mark at MWC 2021

Retrieved on: 
Monday, June 28, 2021

Committed to building a green, secure and intelligent digital network, ZTE has displayed brand-new solutions of 5G SA and all optical networks at the MWC 2021.

Key Points: 
  • Committed to building a green, secure and intelligent digital network, ZTE has displayed brand-new solutions of 5G SA and all optical networks at the MWC 2021.
  • ZTE's industry-leading terminal devices have been also demonstrated at MWC 2021, including the latest flagship smartphone ZTE Axon 30 series, the fashionable ZTE S30 series, ZTE Watch GT, ZTE LiveBuds and other intelligent ecological products, as well as C-IoT personal and family data terminal products including personal ZTE 5G Portable CPE MU5001.
  • Also, ZTE hosts three major online theme forums: "Delivering Network Services During Covid-19", "5G SA Prime", and "Messaging in 5G Era".
  • Amid the MWC 2021, ZTE, together with the Italian Red Cross, has rolled out the first 5G smart T-shirt in globe.

Fuwei Films Announces Its Unaudited Financial Results for the First Quarter of 2021

Retrieved on: 
Thursday, June 24, 2021

Operating expenses for the first quarter ended March 31, 2021 were RMB10.5 million (US$1.6 million), which was RMB4.5 million, or 30.0% lower than the same period in 2020.

Key Points: 
  • Operating expenses for the first quarter ended March 31, 2021 were RMB10.5 million (US$1.6 million), which was RMB4.5 million, or 30.0% lower than the same period in 2020.
  • Basic and diluted net benefit per share was RMB9.60 (US$1.47) and RMB3.97 for the three-month period ended March 31, 2021 and 2020, respectively.
  • Fuwei Films conducts its business through its wholly owned subsidiary, Fuwei Films (Shandong) Co., Ltd. ("Fuwei Shandong").
  • Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of the risk factors.

Fuwei Films to Report Its Unaudited Financial Results for the First Quarter of 2021 on Thursday, June 24, 2021

Retrieved on: 
Thursday, June 17, 2021

BEIJING, June 17, 2021 /PRNewswire/ --Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that the Company will report its unaudited financial results for the first quarter of 2021 on Thursday, June 24, 2021 after the close of the market.

Key Points: 
  • BEIJING, June 17, 2021 /PRNewswire/ --Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that the Company will report its unaudited financial results for the first quarter of 2021 on Thursday, June 24, 2021 after the close of the market.
  • ET / 9:00 p.m. Beijing time to discuss the financial results.
  • Fuwei Films conducts its business through its wholly owned subsidiary, Fuwei Films (Shandong) Co., Ltd. ("Fuwei Shandong").
  • Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of the risk factors.

Emirates and Barclays Launch Exclusive Bonus Skywards Miles and Tier Miles Offer on All Purchases with Emirates Skywards Mastercard® Through End of Year

Retrieved on: 
Wednesday, June 16, 2021

NEW YORK, June 16, 2021 /PRNewswire/ --Emirates Skywards, the award-winning loyalty program of Emirates and flydubai, and Barclays today announced the launch of an exclusive offer for U.S.-based Emirates Skywards Mastercard cardmembers to earn Tier Miles, in addition to Skywards Miles, until Dec. 31, 2021.

Key Points: 
  • NEW YORK, June 16, 2021 /PRNewswire/ --Emirates Skywards, the award-winning loyalty program of Emirates and flydubai, and Barclays today announced the launch of an exclusive offer for U.S.-based Emirates Skywards Mastercard cardmembers to earn Tier Miles, in addition to Skywards Miles, until Dec. 31, 2021.
  • Earn 1 Tier Mile for every 4 Skywards Miles with the Emirates Skywards Mastercard.
  • For a limited time beginning June 16, Emirates Skywards Mastercard cardmembers who apply for the card and are approved can also enjoy up to 60,000 bonus Skywards Miles.
  • Cardmemberscan earn even more Skywards Miles and Tier Miles when spending with the Emirates Skywards Mastercard across Emirates' variety of hotel, car rental, retail and lifestyle partners such as skywardsmilesmall.com , Emirates Skywards Hotels and more.

Comviva to accelerate Etisalat's Digital Transformation journey in Misr

Retrieved on: 
Monday, May 24, 2021

b'DUBAI, U.A.E, May 24, 2021 /PRNewswire/ -- Comviva , the global leader in digital solutions, today announced its strategic partnership with Etisalat Misr to offer media rich Caller Ring Back Tone (CRBT) services.

Key Points: 
  • b'DUBAI, U.A.E, May 24, 2021 /PRNewswire/ -- Comviva , the global leader in digital solutions, today announced its strategic partnership with Etisalat Misr to offer media rich Caller Ring Back Tone (CRBT) services.
  • The new service will help Etisalat to drive next phase of growth with digital adoption being key for new digital services.\nComviva\'s media rich CRBT platform brings in innovation in digital journey and will allow Etisalat to drive deeper customer engagement with personalized ring back tones.
  • The Comviva platform will allow us to digitalize the CRBT experience and enrich and enhance the user journey.
  • "\n"Our new partnership with Comviva as this service will bring a livelier call experience to our customers\' at Etisalat Misr.

Comviva to accelerate Etisalat's Digital Transformation journey in Misr

Retrieved on: 
Monday, May 24, 2021

b'DUBAI, U.A.E, May 24, 2021 /PRNewswire/ -- Comviva , the global leader in digital solutions, today announced its strategic partnership with Etisalat Misr to offer media rich Caller Ring Back Tone (CRBT) services.

Key Points: 
  • b'DUBAI, U.A.E, May 24, 2021 /PRNewswire/ -- Comviva , the global leader in digital solutions, today announced its strategic partnership with Etisalat Misr to offer media rich Caller Ring Back Tone (CRBT) services.
  • The new service will help Etisalat to drive next phase of growth with digital adoption being key for new digital services.\nComviva\'s media rich CRBT platform brings in innovation in digital journey and will allow Etisalat to drive deeper customer engagement with personalized ring back tones.
  • The Comviva platform will allow us to digitalize the CRBT experience and enrich and enhance the user journey.
  • "\n"Our new partnership with Comviva as this service will bring a livelier call experience to our customers\' at Etisalat Misr.

Formula Systems Reports First Quarter 2021 Financial Results: Record-Breaking Results With Double Digit Growth Across All Key Financial Indices

Retrieved on: 
Thursday, May 20, 2021

b'OR YEHUDA, Israel, May 20, 2021 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the first quarter ended March 31,\xc2\xa02021.\nFinancial Highlights for the First Quarter Ended March 31, 2021\nConsolidated revenues for the first quarter ended March 31, 2021 increased by 22.8% to a record breaking $572.6\xc2\xa0million compared to $466.3 million in the same period last year.\nConsolidated operating income for the first quarter ended March 31, 2021 increased by 22.3% to a record breaking $47.5\xc2\xa0million, with growth recorded across Formula\xe2\x80\x99s entire investment portfolio, compared to $38.8 million in the same period last year.\nConsolidated net income attributable to Formula\xe2\x80\x99s shareholders for the first quarter ended March 31, 2021 increased by 12.7% to $12.4\xc2\xa0million, or $0.80 per fully diluted share, compared to $11.0\xc2\xa0million, or $0.71 per fully diluted share, in the same period last year.\nAs of March 31, 2021, Formula held 48.9%, 43.9%, 45.5%, 100%, 50%, 90.09% and 80% of the outstanding ordinary shares of Matrix IT Ltd., Sapiens International Corporation N.V, Magic Software Enterprises Ltd., Michpal Micro Computers (1983) Ltd., TSG IT Advanced Systems Ltd., Insync Staffing Solutions, Inc., and Ofek Aerial Photography Ltd., respectively.\nConsolidated cash and cash equivalents, bank deposits and investments in marketable securities totaled approximately $459.6\xc2\xa0million as of March 31, 2021, compared to $533.2 million as of December 31, 2020.\nTotal equity as of March 31, 2021 was $ 1,103.7\xc2\xa0million (representing 45.2% of the total consolidated balance sheet), compared to $1,108.5 million (representing 44.0% of the total consolidated balance sheet) as of December 31, 2020.\nAs of March 31, 2021, Formula was in compliance with all of its financial covenants under the debenture series issued by Formula, based on the following achievements:\nTarget equity attributable to Formula\xe2\x80\x99s shareholders (excluding non-controlling interests): above $215 million.\nActual equity attributable to Formula\xe2\x80\x99s shareholders is equal to $499.9 million.\nTarget ratio of net financial indebtedness to net capitalization (in each case, as defined under the indenture for Formula\xe2\x80\x99s Series A and C Secured Debentures): below 65%.\nTarget ratio of net financial indebtedness to EBITDA (based on the accumulated calculation for the four recent quarters): below 5.\nActual ratio of net financial indebtedness to EBITDA (based on the accumulated calculation for the four recent quarters) is equal to 0.14.\n'

Key Points: 
  • b'OR YEHUDA, Israel, May 20, 2021 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the first quarter ended March 31,\xc2\xa02021.\nFinancial Highlights for the First Quarter Ended March 31, 2021\nConsolidated revenues for the first quarter ended March 31, 2021 increased by 22.8% to a record breaking $572.6\xc2\xa0million compared to $466.3 million in the same period last year.\nConsolidated operating income for the first quarter ended March 31, 2021 increased by 22.3% to a record breaking $47.5\xc2\xa0million, with growth recorded across Formula\xe2\x80\x99s entire investment portfolio, compared to $38.8 million in the same period last year.\nConsolidated net income attributable to Formula\xe2\x80\x99s shareholders for the first quarter ended March 31, 2021 increased by 12.7% to $12.4\xc2\xa0million, or $0.80 per fully diluted share, compared to $11.0\xc2\xa0million, or $0.71 per fully diluted share, in the same period last year.\nAs of March 31, 2021, Formula held 48.9%, 43.9%, 45.5%, 100%, 50%, 90.09% and 80% of the outstanding ordinary shares of Matrix IT Ltd., Sapiens International Corporation N.V, Magic Software Enterprises Ltd., Michpal Micro Computers (1983) Ltd., TSG IT Advanced Systems Ltd., Insync Staffing Solutions, Inc., and Ofek Aerial Photography Ltd., respectively.\nConsolidated cash and cash equivalents, bank deposits and investments in marketable securities totaled approximately $459.6\xc2\xa0million as of March 31, 2021, compared to $533.2 million as of December 31, 2020.\nTotal equity as of March 31, 2021 was $ 1,103.7\xc2\xa0million (representing 45.2% of the total consolidated balance sheet), compared to $1,108.5 million (representing 44.0% of the total consolidated balance sheet) as of December 31, 2020.\nAs of March 31, 2021, Formula was in compliance with all of its financial covenants under the debenture series issued by Formula, based on the following achievements:\nTarget equity attributable to Formula\xe2\x80\x99s shareholders (excluding non-controlling interests): above $215 million.\nActual equity attributable to Formula\xe2\x80\x99s shareholders is equal to $499.9 million.\nTarget ratio of net financial indebtedness to net capitalization (in each case, as defined under the indenture for Formula\xe2\x80\x99s Series A and C Secured Debentures): below 65%.\nTarget ratio of net financial indebtedness to EBITDA (based on the accumulated calculation for the four recent quarters): below 5.\nActual ratio of net financial indebtedness to EBITDA (based on the accumulated calculation for the four recent quarters) is equal to 0.14.\n'

ZTE Releases 2020 Sustainability Report

Retrieved on: 
Thursday, May 20, 2021

b'SHENZHEN, China, May 20, 2021 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today has announced its 2020 Sustainability Report.\nThe report shows that ZTE, following the strategic positioning of "driver of the digital economy", proactively fulfilled its corporate social responsibilities in 2020.

Key Points: 
  • b'SHENZHEN, China, May 20, 2021 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today has announced its 2020 Sustainability Report.\nThe report shows that ZTE, following the strategic positioning of "driver of the digital economy", proactively fulfilled its corporate social responsibilities in 2020.
  • "\nThe report states that ZTE, to become a "driver of the digital economy", regards technological innovations as the primary driving force of corporate development.
  • We use more environmentally friendly raw materials and improve production techniques," Xie Junshi, Executive Vice President and Chief Operating Officer of ZTE, stresses in the report.
  • In 2020, ZTE released the PowerPilot a 4G and 5G network energy-efficient solution.

ZTE Releases 2020 Sustainability Report

Retrieved on: 
Thursday, May 20, 2021

b'SHENZHEN, China, May 20, 2021 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today has announced its 2020 Sustainability Report.\nThe report shows that ZTE, following the strategic positioning of "driver of the digital economy", proactively fulfilled its corporate social responsibilities in 2020.

Key Points: 
  • b'SHENZHEN, China, May 20, 2021 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today has announced its 2020 Sustainability Report.\nThe report shows that ZTE, following the strategic positioning of "driver of the digital economy", proactively fulfilled its corporate social responsibilities in 2020.
  • "\nThe report states that ZTE, to become a "driver of the digital economy", regards technological innovations as the primary driving force of corporate development.
  • We use more environmentally friendly raw materials and improve production techniques," Xie Junshi, Executive Vice President and Chief Operating Officer of ZTE, stresses in the report.
  • In 2020, ZTE released the PowerPilot a 4G and 5G network energy-efficient solution.