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Net profit
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Koenig & Bauer Achieves Targets for 2017
Mar 26, 2018Koenig & Bauer has fully achieved or exceeded its guidance for 2017, driven by strong revenue and earnings in the fourth quarter. The printing press manufacturer’s consolidated figures show that with the increase in revenue, ...
Tags: Koenig&Bauer, packaging
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Paper Manufacturer Europac Reports Profit Rise 82%
Oct 27, 2017Spain-based paper mill company Europac Group has increased its net profit by 81.8% to £58.2m for the first nine months of the year compared to the same period last year. The company made a turnover of €876.9m in the reported ...
Tags: Europac, paper mill
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Sappi Net Profit Increases in Q3
Aug 8, 2017Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
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International Paper's Profit Drops in Q2
Aug 3, 2017American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...
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Smurfit Kappa's Quarterly Sales Increase, Profit Drops
Aug 3, 2017Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, packaging
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Graphic Packaging Reports 8% Drop in Sales for Q2
Jul 27, 2017Graphic Packaging has reported a 8% drop in its net sales to $1.09bn for the second quarter of 2017, compared to $1.10bn reported in the prior year period. Though sales had fallen by 8%, the company stated that its net tons sold increased ...
Tags: Graphic Packaging, Packaging
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Crown's Net Sales Increase in Q2
Jul 24, 2017American packaging company Crown has reported net sales of $2.16bn for the second quarter of 2017, compared to $2.14bn for the same period in 2016. Increase in sales has been attributed to increased global beverage can volumes and pass ...
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Simplo to Focus on Developing Industrial Products
May 16, 2017Lithium ion battery pack maker Simplo Technology will devote more resources to developing industrial products, such as those for electric bicycles, electric vehicles, medium-size servers and home-use electric appliances, company chairman ...
Tags: Lithium battery, battery pack
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LED Auto Headlight Prices Close to HID Models
Apr 11, 2017Prices for LED automotive headlights are decreasing to close to those for HID (high-intensity discharge) models, and therefore adoption of the LED solutions will grow fast, according to LED automotive lighting module maker Laster Tech. ...
Tags: LED automotive headlight, LED
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CPF Agrees to Acquire UK-Based Westbridge Food
Apr 7, 2017Charoen Pokphand Foods' (CPF) subsidiary CPF Investment has agreed to acquire Westbridge Food Group (WFGL) for approximately THB2.6bn (£60m). WFGL is a UK-based company expertizes lie in sales of meat and ready-made products to ...
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China's Growth Enterprises Post Strong Profit Rise
Mar 2, 2017Enterprises listed on China's NASDAQ-style board witnessed robust net profit growth in 2016, evidence of ongoing industrial upgrading and economic restructuring. Combined business revenue of 603 growth enterprises listed on the board ...
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KBA-Sheetfed Reports Increased Revenue in First Nine Months of 2016
Nov 14, 2016In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
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Refresco Reports Third Quarter 2016 Results
Nov 14, 2016Refresco Group has published third quarter 2016 results. It has reported increased volumes and net profit in Q3 2016. Q3 2016 highlights: Total volume increased 8.0% to 1,803.8 million liters.Co-Packing volumes grew by 61.1% to 486.3 ...
Tags: Refresco Group, Refresco
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Chinese LED Manufacturers 3Q16 Financial Results
Nov 6, 2016After numerous LED manufacturers forecasted their future earnings, Chinese LED enterprises finally released their financial results for 3Q16. For those with irrational fear that the LED industry is still in the phase of “increasing ...
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Largest Smelter Sees Big Profits
Oct 31, 2016Baosteel Group, the largest steel smelter in China by output, has predicted yearly profit growth of six to eight fold this year. The company registered 8.1 billion yuan ($1.2 billion) of profits in the first three quarters, up 174.6 ...
Tags: Iron, Steel, Steed Bar, Medium Plates, Cold-Rolled Sheets