Wensli Group Co. Ltd. is planning to relocate its product development centre to France this year. China’s silk industry has witnessed fluctuations in cocoon and silk prices in recent years and it was further impacted by last ...
Tags: China, Wensli Group, Silk R&D Centre, France
Fakir Fashion Ltd, Narayanganj, Bangladesh installed the SewEasy Actual SMV Calculation System recently. In addition to software, Fakir Fashion Ltd. will increase the use of Industrial Engineering (IE) methodology in their sewing room ...
Tags: Fakir Fashion, garment exporting, garment
Cost cutting is tipped to continue to be the focus of Australian companies when they release earnings results next month with investors looking for a more disciplined approach to growth plans after recent job losses and writedowns. ...
Allegheny Technologies Inc. (ATI), one of the major special steel and stainless steel producers in the US announced that the company earned net profits of US$158.4 million, falling from US$214.3 million from a year ago. In 2012, the ...
Samsung posted a record net profit of $6.6bn (£4.2bn) in the final quarter of 2012, the firm announced in its Q4 earnings release, but warned of more difficult times to come. It comes one day after rival smartphone producer Apple ...
Tags: Samsung, net profit, smartphone
University Bank is to acquire 100% of a second independent insurance agency, Ann Arbor Insurance Centre, for $1.13m. Over the next few months, Shawn Shepherd and Edie Jackson will move to the Ann Arbor Insurance Centre headquarters and ...
Tags: University Bank, Ann Arbor Insurance Centre, Insurance
Oman Cement Co has recorded a 36.7% rise in its net profit from $45.5m (OMR 17.5m) to $33.2m (OMR 12.8m) for the year 2012, according to a company disclosure to the Muscat Securities Market. Total revenue rose 17% to $154m (OMR 59.3m) ...
Tags: Oman Cement, net profit, company news
It’s reported that Allegheny Technologies Inc (ATI) posted operating profits of US$9.4 million for the fourth quarter of last year, slumping from US$17.4 million in the same period of a year ago. In the given period of time, the ...
SAP's revenue in the fourth quarter grew by 12 percent, helped by strong growth in the market for its cloud applications, its HANA in-memory database and mobile applications. Revenue in the fourth quarter ended Dec. 31 was $5 billion ...
Tags: SAP, revenue, cloud applications
Apple posted record revenue and pre-tax profits in its fiscal 2013 first-quarter results, covering the three months to 29 December. However, the company's shares continued declining in value in after-hours trading - falling by a further ...
Tags: Apple, pre-tax profits, profit margins
Due to falling LED chip prices, market observers believe Taiwan-based LED chipmaker Epistar will need to rely on AlGaInP LED sales to increase the firm's profit margin while it is unlikely for Formosa Epitaxy to return to profitability ...
Tags: LED chip, LED capacity, LED prices
CONSHOHOCKEN, PA. --- Ikea reported that its U.S. sales for the fiscal year ended Aug. 31 grew 11% from the previous year, and same-store sales were up 8%. Worldwide, Ikea Group's sales were up 7.1% to 27.6 billion euros (about $36.8 ...
Today, Epson America enters the dye-sublimation printing market for the first time with the announcement of two roll-fed dye-sublimation transfer printers - the 44-inch SureColor® F6070 and the 64-inch SureColor F7070. The new ...
According to the international financial reporting standards (IFRS), SAP’s revenue in Q4 2012 grew by 12%, which was helped by strong growth in the market for its cloud applications, its HANA in-memory database and mobile ...
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan launched its financial result for 2012. The company realized sales revenues of NT$207.193 billion and net profits before taxes of NT$6.131 billion in 2012, hitting the ...
Tags: China Steel Corp, CSC, carbon steelmaker, 2012