Higher sales and marketing costs pushed China Marine to a net loss in the first half of the year. In the six months to the end of June, the China-based seafood snack group recorded a net loss of US$2.79m , compared to earnings of $8.9m last ...
Tags: China Marine, net loss, seafood, canned beverages
Lifeway Foods has booked a surge in second-quarter net income, as earnings were boosted by improved margins and higher sales. The company said today (14 August) that net income rose to US$2m in the three-months to 30 June, up from $0.3m ...
Tags: Lifeway Foods, dairy products, kefir, organic kefir, milk
US private-label food group Ralcorp Holdings has reported an increase in third-quarter profits, helped by higher sales and a gain from hedging contracts. Ralcorp, which makes cereals, sauces and pasta for US retailers, booked net earnings ...
Tags: private-label food, cereals, sauces, pasta, stocks
CNH Global N.V. (CNH) announced financial results for the quarter ended June 30, 2012. For the quarter, net sales increased 3% (9% constant currency basis) to $5.0 billion as firm global demand for agricultural equipment, on the back of ...
Tags: market view, agricultural equipment, construction equipment
Advanced Photonix gets first industrial THz order 11 Jul 2012 Receives first orders from its value-added reseller,Thermo Fisher Scientific,for its'T-Gauge'industrial terahertz gauging system. Advanced Photonix develops diverse silicon ...
Tags: Advanced Photonix, T-Gauge, industrial terahertz, measurement systems
Japanese convenience store operator Lawson said today (3 July) its continued focus on fresh food in its stores allowed it to grow its customer base during the first quarter of the year. Lawson said operating profit increased 8.4% on the ...
Tags: convenience store, fresh food, croquettes, minced cutlets
China GengSheng Minerals, Inc., a leading China-based high-tech industrial materials manufacturer producing heat-resistant, energy- efficient materials for a variety of industrial applications, today announced its financial results for the ...
Tags: China GengSheng Minerals, industrial materials, proppant
US ketchup maker Heinz has booked a decline in full-year net income after charges related to the group's efficiency drive hit the bottom line. Net income in the 12 months to 29 April fell to US$939m,down from$1bn in 2011.The company said ...
Tags: ketchup, Heinz, full-year net income, acquisition
Checkpoint Systems Inc. reported financial results for the first quarter ended March 25, 2012. Selected analysis and discussion for the first quarter 2012: • Net revenues decreased 10.8%. This decrease was principally due to a ...
Tags: Checkpoint Systems, xSource, GAAP, CheckView
LED chipmakers Epistar and Genesis Photonics both reported losses during the first quarter due to decreasing prices for LED chip products, particularly in backlights for TVs. Epistar reported that its gross profit margin dropped to 5.25% ...
Tags: Market View, led chip
Ledlink Optics recently had a plant completed in Yangzhou as part of subsidies given by China's government in order to promote the LED industry amongst increasingly diverse LED lighting applications and rigorous product specification ...
Tags: Market View
Building materials retailer Hardware Warehouse (HWW) on Wednesday posted a 43.1% drop in diluted headline earnings per share from continuing operations to 4.83 cents in the six months ended December, from the 8.49 cents a year earlier. ...
Tags: Market View, Hardware
The LED industry saw a recovery in the first quarter with increased orders of large-size LED backlights. This has increased LED firms' utilization rates to around 80-90% and revenues in March will increase as well. This is an improvement ...
Tags: Market View, led chip, led backlight