• And while the bank was helped by higher fee-based income streams over the last two quarters, it lacked such a benefit this time around with better net income figures resulting from improved operating costs and reduced provisions as described above.

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  • The net result is a significant reduction in both capital costs as well as operating costs for storage that is, a cold storage data center.

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  • China's largest offshore oil-and-gas producer Cnooc added 3.6% after its 2012 net profit fell 9.3% on-year to 63.69 billion yuan, due to rising operating costs and higher resource tax expenses.

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