Egypt's largest steelmaker Ezz Steel has announced its financial results for the first half of the current year, reporting a net loss of EGP 176 million ($24.6 million), compared to a net profit of EGP 302 million in the first half of 2013. ...
Tags: Ezz Steel, long steel
China’s textile and apparel industry is becoming more innovative and environment friendly, according to the textile industry’s 2013-2014 social responsibility report released by the China National Textile and Apparel Council ...
Tags: Apparel Industry, Development, Textile
Kumho Tire Co. posted net profit of 52.6 billion won on net sales of 895 billion won for the second quarter ended June 30, 2014. That compares to income of 50.8 billion won on sales of 1 trillion won for the second quarter of fiscal 2013. ...
Tags: Auto Parts, Accessories
The investment was approved by the company’s board of trustees in a recent meeting, according to a Securities Times report. To build another LED factory, the company plans to raise financing to purchase 199 hectares (300 mu) of land ...
Gokul Jaykrishna, Joint MD, Asahi Songwon Colors is very optimistic about the growth outlook for the pigment industry in India over the next five years. He sees good growth for the business in Asian countries like India and China and also ...
Brazilian steelmaker Companhia Siderurgica Nacional (CSN) will have to pay BRL 4 billion (US$1.78 billion) to the country's revenue service Receita Federal as a result of unpaid taxes. According to the nation's fiscal council Carf, CSN ...
Tags: Metallurgy, Mineral, Energy
Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG) has announced a record Net Profit After Tax (NPAT) of $36.9 million for the 2014 financial year, an increase ...
Tags: Retail Food Group, coffee roaster
LED maker Changelight Co Ltd of Xiamen, China plans to issue 6.07 million stocks to raise a total of RMB800m ($130.39m) in financing in order to expand its production of indium gallium nitride (InGaN) LED epitaxial wafers, according to ...
The LEGO Group has reported an increase in revenue of 15 per cent in the first half of 2014. Double digit growth across all regions delivered a turnover of 11,504m DKK in the first half, fuelled by the success of The LEGO Movie products. ...
Tags: LEGO Sales, Movie products
China-based solar-grade monocrystalline silicon wafer maker Comtec Solar Systems has revealed it started trial production at its factory in Malaysia in June 2014 and will expand the factory's annual production capacity from 300MWp currently ...
Tags: Comtec Solar, PV
On August 29, 2014, Weichai Power released its sales report of half a year: the operating receipt of Weichai Power registered 341.11 billion yuan, up by 10.32% year on year and the net profit was 37.65 billion yuan, up by 80.57% year on ...
Tags: Weichai Power, heavy duty vehicles
Poland-based plastic film producer Ergis group will launch a second PET film production line and acquire a new plastic packaging line in Southern Poland. The company will acquire the packaging line for its Plexergis subsidiary in Nowy ...
A manifold hike in interest expense, pushed NASDAQ-listed and apparel and home décor retailer Gordmans Stores Inc to report a net loss in the second fiscal quarter ended August 2, 2104 compared to net profit, a year earlier. ...
Tags: home décor, Retailer Gordmans, Apparel
Australian iron ore miner Atlas Iron Limited has announced its financial results for the financial year 2013-14 ended on June 30. According to the results, in the given period Atlas recorded a net profit of A$17 million, compared to a net ...
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang) has announced that in the first half of the current year it registered an operating revenue of RMB 14.672 billion ($2.38 billion), down 23.70 percent year on year, ...
Tags: Baogang, steelmaker