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The company attributed the drop in profitability to significantly higher operating costs in its manufacturing operations as capacity utilization plunged.
Comcast also has much higher operating margins in its cable operations: 42% to AT&T Broadband's 18%.
This in turn can give rise to higher operating speed.
The company reported higher operating profit across its segments.
But higher operating expenses and exploration costs offset those gains.
Higher operating costs and lower interest income contributed to the quarter's lower net profit.
Higher operating costs hurt Ross, while Polo Ralph Lauren closed stores to contain expenses.
The other is higher operating costs caused by the rising price of jet fuel.
They cited higher operating costs, notably the price of fuel oil for heat and hot water.
Like-for-like sales and gross margin assumptions are increased, partially offset by higher operating costs.
It can achieve higher operating frequency and lower power consumption.
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CEO of Professional Science Editing for Scientists @ prosciediting.com