Chinese LED manufacturer Elec-Tech released their 3Q financial report on October 29th, 2013. Revenue for 3Q reached RMB 916 million (US $150 million), a growth of 27.15 percent compared to 3Q last year, a gross profit margin of RMB 2.44 ...
Reliance Steel & Aluminum Co. reported Friday its financial results for the third quarter ended September 30, 2013, indicating sales of $2.44 billion, which reflect an 18.9 percent increase year-on-year, but a 0.2 percent decrease from Q2 ...
Tags: Reliance Steel, Mineral
Ahlstrom releases results for July to September and January to September 2013. Continuing operations July-September 2013 compared with July-September 2012 -Net sales EUR 251.1 million (EUR 248.8 million). -Operating profit EUR 1.5 ...
When asked about his views for the LED industry in the next few years, B.J. Lee Epistar chairman said during an interview at LEDforum 2013 that he expects to see steady revenue growth for the company and the continual restructure of the LED ...
Tags: LED industry, Industry Trends
Finnish mining and metal manufacturing equipment provider Outotec said today, October 18, that it has lowered its financial guidance regarding sales and operating profit margin for 2013 due to the ongoing? macroeconomic uncertainty, which ...
Tags: Metallurgy, Mineral, Energy, mining, metal
Honglitronics released their report for the first three quarters 2013, stating that gross profit margin for affiliated listed company shareholders for Jan.- Sept. 2013 was RMB27.1412 million - RMB36.1882 million, a drop of 20-40 percent ...
Chinese shipbuilders have been sailing toward bankruptcy in recent years, with China trying to consolidate the industry and bail it out from the woe of overcapacity. With delays in deliveries, order cancellations and price decreases for ...
Widespread improvement in a number of indexes suggests optimism for the manufacturing sector in the next three to six months, according to the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) Business Outlook. The ...
Why did the significant growth observed in Turkish steel output following the 2008 economic crisis start to be replaced by reduced outputs this year? Will this declining trend in output slow down in the remainder of the year? After 2008, ...
Tags: Steel Output, Finished Steel
LED industries are entering traditional off season in 4Q. HSBC states in their most recent LED report that LED industry 3Q13 revenue was weak due to TV backlight demands being lower than expected. With the upcoming release of the Chinese ...
Tags: LED industry, LED report
Chinese steelmakers, already obsessed with low profit margins, have been told to increase their environmental investment to help the country reduce air pollution. As part of an action plan to curb air pollution, the Chinese government is ...
Tags: steel, Construction
From January to August, the industrial profits of enterprises above designated size achieved 3,486.39 billion yuan, an increase of 12.8 percent over the same period last year, 1.7 percentage points higher than that in the first seven ...
Taiwan LED packaging manufacture Everlight and Japanese LED manufacture Nichia's patent war continues with both sides refusing to back down. The dispute however has not affected J.P. Morgan's outlook for Everlight's Q3 and Q4 operations. ...
Tags: Lights, Lighting, LED packaging
BEIJING-Signs of more appetite in China for steel and other materials and equipment used in construction add to evidence of an economic rebound, but one driven by a return to ramped-up spending on infrastructure and heavy industry the ...
Tags: Steel, Metallurgy, Mineral, Energy
It might sound ridiculous for a steelmaker to raise pigs, but Chinese steelmaking firms are showing unprecedented interest in non-steel businesses to cope with the challenge of low profits amid a downturn. Non-steel business turnover of ...
Tags: steel, Non-Steel, Construction