Egypt s Suez Cement has reported a 7% increase in sales for the first half of 2012 despite a difficult trading environment which saw frequent energy shortages and major price increases. The company said that the uncertainty of energy ...
Tags: Cement, Construction
The Russian steelmaker NLMK announced its financial result for the second quarter and the first half of 2013. NLMK posted a net profit of US$34 million for the second quarter, falling by 87.8% year on year. Its sales revenues totaled ...
Tags: steelmaker, Mineral
On August 16, Jiangsu Province-based Chinese steelmaker Shagang Group issued its financial results for the January-July period of the current year. Accordingly, Shagang achieved a sales revenue of RMB 132.83 billion ($21.74 billion) in ...
Since the beginning of this year, Baosteel Stainless has set the goal of making stainless products into new engine products, gathering all staff to quickly improve the operational ability of grasping complicated situation. In the first half ...
Tags: steel, Construction
Zurich Insurance Group has posted a net income after tax attributable to shareholders of $1.85bn for the first-half ended on 30 June 2013, a decline of 17% compared to $2.22bn for the same period last year. During the period, business ...
Tags: Zurich Insurance, Insurance
SEL Manufacturing Company Limited, a Ludhiana based integrated textile conglomerate, has registered a turnover of Rs. 1381.58 crore during the quarter ended 30th June, 2013 as against Rs. 634.76 crore in the corresponding quarter last year, ...
Tags: integrated textile, SEL Textiles
In the wake of its acquisition of The Brick in March, Leon's Furniture said its sales for the second quarter had essentially tripled over the same period of 2012 while earnings were up by 53%. Leon's reported system-wide sales of C$573.4 ...
Tags: Furniture, Furnishing
al Chinese financial search platform Rong360.com received USD 30 million in its second round of financing recently. Ye Daqing, CEO of it, said in an interview on August 2 that it had completed its second round of financing and the ...
me foreign banks will continue fueling expansion in the Chinese mainland in the second half of this year despite that they experienced a profit fall there in the first half of the year. Foreign banks released financial results for the ...
“The Ultimate Driving Machine” was Bayerische Motoren Werke’s (BMW.FRA) iconic advertising slogan for years. The German automaker’s exclusive China partner Brilliance Auto (1114.HKG) should swap “driving” ...
Tags: BMW, Ultimate Profit Machine
The Designers Lighting Forum of New York announced its “Call for Speakers” for LEDucation 8, the largest single day exhibition and educational event dedicated solely to the ever evolving LED market and technology. LEDucation 8 ...
Tags: LEDucation 8, Lighting
Lenovo’s sales of tablets and smartphones were higher than that of PCs in its fiscal first quarter, reflecting the company’s efforts to reduce its dependence on the ailing PC business. The company reported on Thursday that net ...
Tags: Smartphone, Tablets
Though still unsubstantiated, a low-cost iPhone is now widely seen as a possible product announcement in early September, along with a new high-end phone. And it’s finally possible to create a coherent explanation of why such a move ...
Tags: low-cost iPhone, Electronics
Once a rising star, Chi Mei Lighting is now knee deep in debt with no help on the horizon by its two wealthy shareholders Foxconn Electronics and Chi Mei Corp. Founder and chairman of Foxconn Terry Gou wholeheartedly supports his affiliate ...
Tags: Chi Mei Lighting, Lights
Indian steel giant Tata Steel announced its financial result including Tata Steel Europe for the first quarter of the current financial year ended on June 30th. Tata Steel posted a net profit of INR11.4 billion for the first quarter, ...
Tags: steel giant, Tata Steel