It’s reported that China Iron and Steel Association pointed out that its 80 member enterprises in China realized net profits of RMB1.581 billion in 2012, slumping by 98.22% from a year ago. In 2012, the 82 member enterprises posted ...
Tags: CISA, net profits, 2012
Sweden-based Sandvik realized sales profits of SEK726 million in the fourth quarter of 2012, falling by 10% from a quarter ago. In the fourth quarter of 2012, the company’s order values totaled SEK21.07 million, decreasing by 10% ...
Tags: Sandvik, net profits, sales profits
Shell said Thursday it remains on track to grow its oil and gas production by over 20% in the next five to six years, despite weak North American fuel prices continuing to dent the performance of its key upstream growth centre. ...
Tags: oil, gas production, fuel prices, North America
US food manufacturer Lancaster Colony has recorded an increase in first-half profits, boosted by sales growth in both of its divisions. Earnings in the six months to the end of December amounted to US$61.9m, a 20% increase on the ...
Revenues at BT Group dropped in the three months to 31 December 2012, according to a statement released today, but the firm still managed to produce a profit thanks to cost cutting and lower operating costs. The statement presented ...
Tags: BT Group, operating costs, revenues
US meat giant Tyson Foods said fiscal 2013 is off to "a good start" after it booked an increase in first-quarter earnings. Net profit in the three months ended 29 December amounted to US$173m, an 11% increase on last year, it reported ...
Tags: Tyson Foods, meat giant, profits
US canned foods firm Seneca Foods has booked an increase in earnings in the first nine months of its fiscal year. In the period ended 29 December, net profit soared to US$37.5m from $13.4m in the year-ago period, the company reported ...
Tags: Seneca Foods, canned foods, profits
Mead Johnson has booked an increase in full-year earnings, as sales from Asia and Latin America offset declines in Europe and North America. The company said yesterday (1 February) its 2012 net earnings totalled US$604.5m, or $2.95 per ...
Tags: baby formula maker, sales, baby food
Najran Cement Co has announced that it is shutting down its No.1 production line for 23 days from 9 Febroary in order to carry out maintenance work. The company said it was "premature to determine the financial impact" of the shutdown, ...
Tags: Najran Cement Co, cement, cement market
Italian heavy-duty vehicles maker Fiat expects the revenue to rise 5% in 2013 with the acquisition of the US-based farm and construction equipment maker, CNH. The company invested EUR197m to acquire 25% of the CNH shares, following which ...
Tags: heavy-duty vehicles, Fiat, CNH
Facebook mobile revenues doubled in Q4 2012, beating analyst expectations. Mobile Facebook users have exceeded desktop users for the first time in Q4 2012. In December 31, 2012 the social network had 680 million monthly active users, an ...
Tags: Facebook, mobile revenues
Hornby has seen its debt fall as it restructures its board. Plus, the majority of its discounted branded Olympics products have now been sold. Net debt as of December 31st, 2012, was £3 million, an improvement of £5.5 ...
Tags: Hornby, net debt, Board Restructures
It’s reported that the Brazilian steelmakers are seeking to raise the prices of steel flat products in order to improve profits. The Brazilian steel industry stayed in difficult situation in 2012 due to slow economy in international ...
On January 31, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co., Ltd issued its preliminary financial results for 2012. Accordingly, Hebei Steel has posted an estimated net profit of RMB 13.8-345.7 million ($2.2- 55 ...
Tags: Hebei Steel, steelmaker, steel prices
The China Iron and Steel Association (CISA) has stated that in 2012 the aggregate net profit of its 80 member steel enterprises in China totaled RMB 1.581 billion ($252 million), down 98.22 percent year on year. Meanwhile, last year the ...
Tags: Steel Association, CISA, steel enterprises