Hunan Province-based Linyuan Steel estimated that its net profits attributed to the shareholders of its parent company in 2012 would slump by 70% from a year ago. In 2011, the company’s net profits attributed to the shareholders of ...
Tags: Hunan Province, Linyuan Steel, net profits, 2012
Toy price cuts made too early by certain retailers are having a "damaging" effect on the industry. Alan Simpson, Chairman of the TRA, made the comments following last night's 2012 Toy Industry Awards. He said: “In a year which has ...
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Despite declines in its coal volumes, Kansas City Southern swung to a fourth quarter and year-end profit, partly on growth in shipments of crude oil and frack sand, executives of the railroad said Tuesday. "The growth in crude and ...
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Unifi, Inc. released preliminary operating results for its second fiscal quarter ended December 23, 2012. The Company reported net income of $2.4 million, or $0.12 per share, compared to a net loss of $7.6 million, or $0.38 per share, for ...
Tags: Unifi, second fiscal quarte, profits
DANBURY, Conn. — Aided by a 4.9% same-store sales increase at its retail stores, Ethan Allen said profits jumped 21.9% in the quarter ended Dec. 31. The manufacturer and retailer said the earnings increase came in spite of Hurricane ...
Tags: Ethan Allen, furniture
It’s reported that China Minmetals Corporation (Minmetals) realized operating revenues of RMB325 billion in 2012, falling by 5.8% from a year ago, according to Zhou Zhongshu, the president of Minmetals. In 2012, the ...
Tags: China Minmetals Corporation, operating revenues, Minmetals
On January 22, Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. announced that according to its preliminary estimates its net profit for 2012 decreased by over 70 percent year on year. In 2011, the company’s net ...
Tags: Lingyuan Steel, steelmaker, steel market
By Omar al-Shaher, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Privately held Iraqi banks have almost entirely relinquished their traditional functions ...
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Intel saw its sales and profits drop in 2012 as the company was hit by slower demand for personal computers and its continued inability to make it big in the smartphone and tablet markets, although its data center business continued to ...
Tags: Intel, profits, personal computers, chips
Dell is said to be close to being bought out for about $24bn (£15.1bn) as the crisis amid PC makers takes its toll on one of the world's largest technology firms. The company, which has switched its focus from producing PCs to ...
Tags: Dell, PC, IT service
The Co-operative Bank could write-down up to £200m of IT investments if it finalises a proposed acquisition of 632 Lloyds Banking Group (LBG) branches. The Co-op Bank's annual profits could be impacted significantly if its ...
During a short period from Jan 23rd to 25th, a Canadian friend of Made-in-China enjoyed VIP buyer one-stop Service in Shenzhen, witnessing the magic and passion of our working staff. For this time, George come to China for pool cue, Led ...
New Zealand - Ten years ago, the first of many copies of LightFactory, the PC-based control system, was put on sale. Founder and CEO Martin Searancke developed LightFactory out of a passion for the industry and a knack for writing code. ...
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Huawei saw net profit rise by 33 per cent in 2012, the Chinese telecommunications firm announced in its financial results for the year. The profits were much improved on 2011, with the firm expecting to make a net total of 15.4bn yuan ...
Tags: Huawei, net profit, telecommunications
Saudi food group Almarai has booked an increase in full-year profits, boosted by sales of baked goods and poultry. Earnings in the 12 months to the end of December climbed by 26% on the previous year, to SAR1.44bn (US$384m), the ...
Tags: food group, baked goods, poultry