Jiangsu Province-based Chinese steelmaker Shagang Co. has stated that in the first half of the current year it achieved an operating revenue of RMB 5.302 billion ($0.86 billion), up 2.75 percent year on year, while it recorded a net profit ...
Belgium-based Picanol Group, which is celebrating its 50th anniversary in China, saw its revenue plunge 28% year-on-year in the first six months of 2014, in what it called a significant slowdown period. Picanol reported sales of Euro ...
Tags: Sales, Picanol Group, Textile
The company’s upholds a positive outlook, having made a production capacity breakthrough in June 2014, lowered costs in 3Q14 and optimized utilization rates and product portfolio. Optimistic about the emerging LED lighting market, ...
Tags: Lextar, Production Capacity, Lights
Australian steelmaker BlueScope Steel has posted a net loss of AU$82.4 million for the financial year 2013-14 ended on June 30, narrowing down from a net loss of AU$107.1 million in the previous financial year, due to increased spreads and ...
Tags: BlueScope Steel, Loss, Metallurgy
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first half of the current year, stating that in the given period it achieved an operating revenue of RMB 97.598 billion ...
Tags: Baosteel, Financial Report, Metallurgy
Tough market conditions led to Swedish fashion retailer – Bjorn Borg, a marketer of innerwear and sportswear, witnessing decline across all key financial parameters including sales, net profit and EPS in the second quarter of 2014. ...
Tags: Tough market, Bjorn Borg, Apparel
Australia-based mining and materials company Arrium Limited has issued its financial results for the financial year 2013-14 ended June 30. In the given period, Arrium achieved an underlying net profit of A$296 million, rising 83 percent ...
Tags: Arrium Mining, materials
Chinese homebuyers have driven housing prices and developers’ stocks skywards in the past decade but that has been clearly over for more than a year. Official economic data released on Wednesday showed the slowdown in the sector ...
Tags: Red-Hot Property, Homebuyers
In the second quarter of the current year, Sinarsky Pipe Works, a subsidiary of Russia's largest pipe producer TMK, recorded a net loss of RUB 36 million ($0.996 million), against a net profit of RUB 2.4 million ($0.066 million) in the ...
Tags: Sinarsky Pipe Works, Loss, Energy
On August 20, Guangdong Province-based Chinese steel rolling and processing company SGIS Songshan Co., an affiliate of Guangdong-based Shaoguan Iron and Steel Co. (Shaogang), announced in its financial report for the first half of the ...
Tags: SGIS Songshan, Loss, Energy
Listed companies in Japan saw average pretax profits rise 2% on the year in the April-June quarter, despite April’s consumption tax hike. Automakers and consumer electronics companies were among the top performers in a Nikkei pretax ...
Tags: Automakers, Electronics
Australian iron ore miner Fortescue Metals Group has announced its financial results for the financial year 2013-14 ended on June 30. During the given period, Fortescue's net profit amounted to US$2.73 billion, rising 56 percent compared ...
Tags: Fortescue Metals Group, Results, Energy
Australian mining company BHP Billiton has announced its financial results for the year ended June 30 this year. According to the company's financial statement, BHP Billiton has posted a net profit of US$13.83 billion for the financial ...
Tags: BHP Billiton, Financial Results, Energy
Turkey's leading steel pipe producer Borusan Mannesmann Boru has announced its financial results for the second quarter and the first half this year, posting a net profit of TRY 18.2 million ($8.4 million) in the second quarter, rising from ...
Tags: Borusan Mannesmann, Results, Energy
Toll’s revenue increased 1.1 per cent over the previous year to $8.8 billion. Total earnings before interest and tax (before individually significant items) were up 4.3 per cent to $444.4 million, and net profit after tax (before ...
Tags: Toll, Challenges, Service