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 ...
Many of China's state-owned enterprises (SOEs) reported drops in profits in Q1, as building materials, electronics and tobacco firms reported large profit declines, Ministry of Finance data showed on Tuesday. The combined profits of ...
Tags: state-owned enterprises, electronics, building materials
Order visibility for Taiwan-based PC and notebook related IC vendors for the third quarter of 2014 is better than expected due to a rebound in demand for notebooks and other PC products, according to industry sources. However, suppliers ...
China has issued an emergency decree ordering officials to halt the development of new cement and plate glass capacity, as it struggles to overcome entrenched local government resistance to halting wasteful investment in glutted industries. ...
Tags: Cement, Glass, plate glass
Learnt from SINOTRUK, its product quality and profits in the first half year are greatly increased despite of a leveling-off sales volume with the same period of last year driven by the upturn of HD truck industry and export markets. From ...
Tags: Transportation, Truck, Auto Parts
The sales of Estonian textile industry rose only marginally in 2012, but the volume of production at constant prices remained almost unchanged compared with the previous year. During the year, the number of employees in the Estonian ...
Tags: Textile Industry, blankets
Raysut Cement, one of two major listed cement manufacturers in Oman, has announced that its first quarter pre-tax profits grew by a third during the first quarter of 2013 to $23.7m (OR: 9.13m). The company s revenues grew by 2% to $65.5m ...
Tags: Raysut Cement, Cement
LED optical lens maker Ledlink is optimistic about the second quarter, as order visibility is clear to April-May. Telung Tang, CEO of the firm, noted that 2013 capex will reach NT$200 million (US$6.69 million). Market observers believe ...
Tags: LED optical lens, Ledlink, LED, LED lighting
Hosting giant Rackspace saw profits grow 55% to $48.3m (pound 31m) in the first six months of this year. Total revenue for the first half of the year was $620m, a 30% jump on the first half of 2011. “At the halfway point in the ...
Tags: Rackspace, profits, total revenue
South Korea's Samsung Electronics reported record net profits for the third quarter based on strong sales of its Galaxy smartphones and flat panels. The world's largest technology company saw net profits grow 91 per cent to Won6.56tn ...
Tags: Samsung, Galaxy S III, ITC, Apple
UK chip maker ARM saw pre-tax profits grow 22%toGBP68m in its third quarter,compared with the same period last year. The company's sales grew 20%toGBP144.6m.Processor royalty revenue also increased 27%year-on-year. ARM CEO Warren ...
Tags: ARM, chip maker, profits grow, cloud-based networks
HONG KONG -- Samson Holdings, parent company of Chinese case goods and upholstery producer Lacquer Craft, said its sales fell slightly in the first half of 2012, but profits increased due to lower cost of sales and reduced marketing ...
Tags: upholstery
Olympics partner Atos'saw profits grow 2%in the first half of 2012 to euro102m(80m pound)compared to the first half of 2011. Sales rose 1.4%compared to the same period in 2011 at euro 4.37m.UK sales grew 6.7%to euro 812m. Thierry ...
Tags: Olympics partner, Atos, UK sales, Managed services
Conditions in the building products business are likely to remain challenging in southern Europe and the UK, Saint-Gobain says in its annual results. The global building distribution and construction product manufacturing business reported ...
Tags: market view, building products