During the 67th Anternational Motor Show, as known as InternationaleAutomobil-Ausstellung (IAA), the world's largest motor show taking place in Frankfurt, Germany, annually, several heavy-weight exhibitors expressed growing worries that ...
Tags: Car Manufacturers, EV
China's State-owned industrial enterprises, which account for the majority of China's SOEs, ended two years of losses in 2016 and reaped good returns on the back of structural optimization. In 2016, the profits of State-owned industrial ...
Enterprises 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 ...
The ranking list of Guangxi Top 100 Innovation Enterprises was issued recently. As the first list for regional innovation enterprises issued by China, it comprehensively considers the innovation capability of Guangxi enterprises through ...
Tags: Yuchai Machinery, diesel engine
Danish brewing giant Carlsberg Group has reported a 4% decrease in its net revenue to DKK17.53bn ($2.57bn) for the third quarter of this year, compared to DKK18.3bn ($2.7bn) for the same period in 2015. The brewer blamed the negative ...
Passenger car sales in China, the world's biggest auto market, will grow nearly 13 percent this year from a year earlier, data from an industry association showed Tuesday. Judging from this year's sales trend, sales of passenger and ...
Tags: Passenger Car, Auto Market
After 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 ...
Baosteel 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
China's industrial profits rose 19.5 percent year on year to 534.8 billion yuan (about 80.3 billion U.S. dollars) in August, official data showed Tuesday. The growth rate was faster than the 11-percent increase registered one month ...
Performance Food Group Company (PFG) announced that Tom Ondrof will join PFG as executive vice president and chief financial officer, effective from 1 October Ondrof will lead PFG’s corporate finance department and oversee ...
Tags: PFG, Tom Ondrof, executive vice president and chief financial officer
Macfarlane Group has annouced its interim results for the six months to 30 June 2016. Graeme Bissett, Chairman of Macfarlane Group PLC, today said: “Macfarlane Group’s performance in the six months to 30 June 2016 is ...
Tags: Macfarlane Group, results
Leekes Department Stores achieved growth in its financial year to 31st March, its owner achieving a £2m improvement in profitability with EBITDA profits exceeding £6m. Leekes Retail achieved 12% LFL growth in turnover up to ...
Tags: Leekes Department Stores, housing market, furnishings business
A new joint survey from UBS and the Australian Food and Grocery Council (AFGC) has found Australian supermarket suppliers are investing in new product development as a top priority. In releasing the results of the latest ‘UBS-AFGC ...
Tags: grocery sector, export opportunities, offshore wind farm
Demand of LED has resumed in the second quarter. Leading Taiwanese LED chip maker Epistar reached full production capacity in AlGaInP LEDs. Meanwhile, Unity Opto is expected to see two-digit growth in the second quarter as its order ...
Tags: LED industry, LED chip
Next reports a "solid" performance over its last financial year to January 2016, with Directory (online and catalogue) sales up 8% and Retail 1%. Total group sales rose by 3% to £4.1b. Despite this, growth was lower than predicted. ...
Tags: Next, Performance, Sales