Latest news with #562
The Sun
08-05-2025
- The Sun
N. Sembilan KPDN disposes of items seized under Op Tiris
SEREMBAN: The Domestic Trade and Cost of Living Ministry (KPDN) of Negeri Sembilan disposed of various seized items through Op Tiris, involving diesel worth RM291,562 at the Exhibit Storage Complex here today. Its director, Muhammad Zahir Mazlan, said the disposal of items that were confiscated last year, related to three investigation papers under the Control of Supplies Act 1961. The items included 45 translucent Intermediate Bulk Containers (IBCS), five hose pump machines, a Skid Tank with a 15,000-litre capacity and two mobile phones. 'The Negeri Sembilan KPDN also disposed of seized diesel worth RM15,527. All investigation papers were resolved through compound actions against the individuals involved, amounting to a total of RM13,000,' he said in a statement today. He urged those with any information regarding the misappropriation of controlled and subsidised goods to contact the KPDN through its official channels, including WhatsApp at 019-848 8000 and the KPDN's Ez ADU mobile application.
IOL News
08-05-2025
- Automotive
- IOL News
This car company makes R5. 3 million per employee: how carmakers rank in profit per person
Ferrari is the world's most profitable carmaker per employee. Purosangue shown. If you work for Ferrari, your contribution to the company's net profit is significantly higher than your peers at other carmakers. According to an extensive data analysis conducted by BestBrokers, Ferrari is, by a wide margin, the car company that makes the most money per employee. The Italian sportscar specialist, which recently ventured into the crossover market, made a record net profit of $158 billion (R2.8 trillion) in 2024, which equates to $291,403 (R5.32 million) per employee. This was three times higher than its nearest rival in that regard, with Toyota taking second place with a net profit of $85,268 (R1.56 million) per employee. Tesla took third place with a net profit of $56,650 (R1,035,562) per employee, followed by O'Reilly Automotive ($25,650 / R468,000) and BYD ($6,123 / R116,000). BYD's ranking came in spite of it having a significantly larger annual net profit than Ferrari. The study also showed Toyota to be the most time-efficient company in the auto market, generating $1 million (R18.28m) in net profit every 16 minutes, followed by Tesla (1h14) and BYD (1h35). But one can't deny that Ferrari is in an enviable position, with its brand value enabling it to sell a limited number of cars at exceptionally high profit margins. Mainstream companies like Toyota, Tesla and BYD have to rely on massive production volumes to generate their profits. 'Both profit per employee and time efficiency data highlight a growing trend that emphasises not just revenue and net profit, but also the importance of speed and agility in today's competitive market,' the study's authors said. Just five car firms featured in the list of 250 largest companies by market capitalisation, with NVIDIA ranking highest with a net profit of R2.04 million (R37 million) per employee. The tech giant was followed by the Altria Group $1.81m and Saudi Aramco R1.61m. 'In a year defined by AI breakthroughs, colossal layoffs, and serious cost-cutting across industries, sales, market cap, and headcount are no longer the epitome of power and success,' BestBrokers said. 'Since AI and automation have increasingly replaced traditional roles, companies are now able to achieve notable profits with fewer employees, transforming the rules of operational efficiency.' IOL
Yahoo
22-04-2025
- Business
- Yahoo
Sify Technologies Ltd (SIFY) Q4 2025 Earnings Call Highlights: Revenue Growth Amidst Financial ...
Revenue: INR39,886 million, an increase of 12% over last year. EBITDA: INR7,562 million, an increase of 12% over last year. Loss Before Tax: INR286 million. Loss After Tax: INR785 million. Capital Expenditure: INR12,745 million. Cash Balance: INR6,836 million at the end of the year. Data Center Services Revenue Share: 38% of total revenue. Network Services Revenue Share: 41% of total revenue. Digital Services Revenue Share: 21% of total revenue. Fiber Nodes: 1,137 fiber nodes, a 10% increase over last year. SD-WAN Service Points: 1,870 contracted service points across the country. Income Tax Expense: INR539 million. Warning! GuruFocus has detected 3 Warning Signs with SIFY. Release Date: April 21, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Sify Technologies Ltd (NASDAQ:SIFY) reported a 12% increase in revenue for the year, reaching INR39,886 million. EBITDA also increased by 12% over the previous year, totaling INR7,562 million. The company has expanded its network infrastructure with a 10% increase in fiber nodes across India. Two new data center facilities have gone live in Delhi and Chennai, with additional capacity under construction in Mumbai. Demand for data center colocation services in India continues to exceed supply, driven by cloud consumption and hyperscaler expansion. Sify Technologies Ltd (NASDAQ:SIFY) reported a loss before tax of INR286 million and a loss after tax of INR785 million. Substantial capital expenditure of INR12,745 million was incurred, impacting financial results. There was a substantial increase in expenses due to new capacities leased for future business requirements. Operating leverage is still developing, with only marginal improvements in data center service margins expected. The demand for data center services is primarily driven by international hyperscalers, with Indian enterprise demand still in early stages. Q: What drove the decline in network services this quarter? A: M P Vijay Kumar, Executive Director & Group CFO, explained that there was no decline in revenue. However, there were substantial expenses due to new capacities leased for future business requirements. Q: Can you discuss the dynamics of data center services and the roadmap for fiscal '26? A: M P Vijay Kumar noted a secular trend in recurring revenues with some one-time revenues in select quarters. Two new greenfield facilities in Delhi and Chennai have gone live, and new capacities in Mumbai are under construction, expected to go live in the next 12 to 18 months. Q: What is the current design capacity of your data centers, and what is the incremental capacity from new facilities? A: The current operational design capacity is about 130 megawatts. The two new facilities have a design capacity of 130 megawatts each, with Phase 1 providing 26 megawatts each. Q: How do you see the demand dynamics for data center colocation services in India? A: M P Vijay Kumar stated that demand continues to exceed supply, driven by cloud consumption by Indian enterprises and hyperscalers. AI-led demand is in early stages, with active conversations for future needs. Q: What are the expectations for operating leverage as revenue from infrastructure investments scales? A: M P Vijay Kumar indicated positive operating leverage for network and data center infrastructure businesses. Margins in data center services may increase slightly, while network services have potential for substantial margin increases with higher capacity utilization. Q: Is the demand for data centers more likely to be driven by Indian enterprises or international hyperscalers? A: In the short term, demand is expected to be driven by international hyperscalers. However, Indian enterprises are increasingly engaging in setting up private and hybrid clouds, which may drive demand in the medium to long term. Q: Has the demand from international hyperscalers broadened or remained the same? A: The demand remains generally the same, with the same group of international hyperscalers driving demand. Q: How are the construction timelines and availability of resources for data centers in India? A: M P Vijay Kumar mentioned that construction timelines have improved post-COVID, with stable availability of resources like land, power, and contractors. The pricing environment remains stable. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
22-04-2025
- Business
- Yahoo
Sify Technologies Ltd (SIFY) Q4 2025 Earnings Call Highlights: Revenue Growth Amidst Financial ...
Revenue: INR39,886 million, an increase of 12% over last year. EBITDA: INR7,562 million, an increase of 12% over last year. Loss Before Tax: INR286 million. Loss After Tax: INR785 million. Capital Expenditure: INR12,745 million. Cash Balance: INR6,836 million at the end of the year. Data Center Services Revenue Share: 38% of total revenue. Network Services Revenue Share: 41% of total revenue. Digital Services Revenue Share: 21% of total revenue. Fiber Nodes: 1,137 fiber nodes, a 10% increase over last year. SD-WAN Service Points: 1,870 contracted service points across the country. Income Tax Expense: INR539 million. Warning! GuruFocus has detected 3 Warning Signs with SIFY. Release Date: April 21, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Sify Technologies Ltd (NASDAQ:SIFY) reported a 12% increase in revenue for the year, reaching INR39,886 million. EBITDA also increased by 12% over the previous year, totaling INR7,562 million. The company has expanded its network infrastructure with a 10% increase in fiber nodes across India. Two new data center facilities have gone live in Delhi and Chennai, with additional capacity under construction in Mumbai. Demand for data center colocation services in India continues to exceed supply, driven by cloud consumption and hyperscaler expansion. Sify Technologies Ltd (NASDAQ:SIFY) reported a loss before tax of INR286 million and a loss after tax of INR785 million. Substantial capital expenditure of INR12,745 million was incurred, impacting financial results. There was a substantial increase in expenses due to new capacities leased for future business requirements. Operating leverage is still developing, with only marginal improvements in data center service margins expected. The demand for data center services is primarily driven by international hyperscalers, with Indian enterprise demand still in early stages. Q: What drove the decline in network services this quarter? A: M P Vijay Kumar, Executive Director & Group CFO, explained that there was no decline in revenue. However, there were substantial expenses due to new capacities leased for future business requirements. Q: Can you discuss the dynamics of data center services and the roadmap for fiscal '26? A: M P Vijay Kumar noted a secular trend in recurring revenues with some one-time revenues in select quarters. Two new greenfield facilities in Delhi and Chennai have gone live, and new capacities in Mumbai are under construction, expected to go live in the next 12 to 18 months. Q: What is the current design capacity of your data centers, and what is the incremental capacity from new facilities? A: The current operational design capacity is about 130 megawatts. The two new facilities have a design capacity of 130 megawatts each, with Phase 1 providing 26 megawatts each. Q: How do you see the demand dynamics for data center colocation services in India? A: M P Vijay Kumar stated that demand continues to exceed supply, driven by cloud consumption by Indian enterprises and hyperscalers. AI-led demand is in early stages, with active conversations for future needs. Q: What are the expectations for operating leverage as revenue from infrastructure investments scales? A: M P Vijay Kumar indicated positive operating leverage for network and data center infrastructure businesses. Margins in data center services may increase slightly, while network services have potential for substantial margin increases with higher capacity utilization. Q: Is the demand for data centers more likely to be driven by Indian enterprises or international hyperscalers? A: In the short term, demand is expected to be driven by international hyperscalers. However, Indian enterprises are increasingly engaging in setting up private and hybrid clouds, which may drive demand in the medium to long term. Q: Has the demand from international hyperscalers broadened or remained the same? A: The demand remains generally the same, with the same group of international hyperscalers driving demand. Q: How are the construction timelines and availability of resources for data centers in India? A: M P Vijay Kumar mentioned that construction timelines have improved post-COVID, with stable availability of resources like land, power, and contractors. The pricing environment remains stable. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
26-03-2025
- Politics
- Yahoo
Georgia lawmakers face a pivotal decision over a controversial mining ban: 'This moratorium horse has legs'
Georgia lawmakers have introduced two bills to protect the Okefenokee National Wildlife Refuge from nearby mining activities, reported the Current GA. State Rep. Darlene Taylor (R-Thomasville) introduced H.B. 562, which would create a five-year pause on new mining on Trail Ridge, and H.B. 561, the Okefenokee Protection Act, which would ban future mining in the area completely. Coastal legislators Ron Stephens and Steven Sainz are backing the bills as co-sponsors. This legislation comes as Alabama-based Twin Pines Minerals seeks permits to mine titanium dioxide and zirconium near the swamp. The company's plan would bring mining operations within three miles of the largest wildlife refuge in the Eastern U.S. If passed, the bills could make a real difference for our natural world. They would help safeguard Okefenokee's unique ecosystem, protect water flows that prevent drought and fire risks, and preserve a beloved outdoor destination that attracts visitors worldwide. Recent positive developments have built momentum for protecting the swamp. The U.S. Fish & Wildlife Service expanded potential refuge boundaries by 22,000 acres, opening the door for future conservation. And in December, Okefenokee received an official nomination for prestigious UN World Heritage Site status. Swamps and wetlands are two ecosystems that are among the most threatened by our planet's changing climate. In Louisiana, sea rise is threatening wetlands and swamps across the state. "It's great to see the legislature speaking out once again for the swamp in such an overwhelmingly bipartisan way," said Josh Marks, an Atlanta-based attorney who heads up Georgians for Okefenokee. Rena Ann Peck, executive director of Georgia Rivers, sees the moratorium bill as a practical step forward. "While the Okefenokee Act will not get a run, this moratorium horse has legs," she said. With 77 cosponsors already supporting the moratorium, Peck added: "It's certainly a concession in that it's not a ban on mining Trail Ridge in perpetuity — only for 5 years." Do you think America does a good job of protecting its natural beauty? Definitely Only in some areas No way I'm not sure Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
