Swedish high-technology engineering and steelmaking group Sandvik has issued its financial results for the first quarter of the current year. According to the financial results, Sandvik's net profit for the first quarter was SEK 1.5 ...
On April 24, Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co. (Shandong Steel) announced that in 2013 it achieved an operating revenue of RMB 70.47 billion ($11.5 billion), down 3.87 percent year on year, while it ...
Tags: steelmaker, Iron, Steel
South Korea's third-largest refiner, S-Oil, sold a combined 639,000 b/d of oil products, petrochemicals and lube in the first quarter of this year, up 1.4% from 630,000 b/d a year ago, the company said in a statement Thursday. Sales in Q1 ...
Tags: Oil Products, Petrochemicals
Even in a quarter that saw no product introductions, Apple boosted its sales and profits over the previous year. The company released its fiscal second-quarter earnings report on Wednesday, reporting revenue of $45.6 billion and a net ...
Tags: Apple, Computer Products, IT, Consumer Electronics
Eight billion people will use smartphones and 100 billion terminals will be interconnected via the internet by 2025, according to Chinese ICT multinational Huawei. This is an eight-fold increase in the number of smartphone users – ...
Tags: Computer Products, Huawei, Smartphone
Foton released its annual report on the evening of April 16. In 2013 the company achieved revenues of 34.15 billion yuan, decreased by 16.65%, net profit of 763 million yuan, decreased by 43.62% . The company said that in 2013 sales of ...
Tags: Transportation, Auto Parts
On April 23, Liaoning Province-based Chinese steelmaker Benxi Iron and Steel (Group) Co. (Benxi Steel or Bengang) announced that in 2013 it registered an operating revenue of RMB 40.329 billion ($6.58 billion), down 0.62 percent year on ...
Tags: Benxi Steel, steelmaker, Iron and Steel
On April 22, Guangxi Province-based Chinese steelmaker Liuzhou Iron and Steel Co. (Liuzhou Steel) announced that in 2013, its operating revenue amounted to RMB 36.849 billion ($6.011 billion), down 1.15 percent, while it recorded a net ...
Tags: Liuzhou Steel, Iron, Steel
A large number of textiles exporters are facing a huge financial crunch due to substantial delay in getting duty drawback since the last five months from all the major ports. According to Shri Manikam Ramaswami ,Chairman, “The ...
Tags: textiles, Textiles Export
China Xiniya Fashion Limited, a leading provider of men's business casual apparel in China, reported financial results for the fourth quarter and for the full year 2013. Fourth Quarter 2013 Highlights - Revenue during the fourth ...
Tags: Xiniya Fashion, casual apparel
Mesaieed Petrochemical Holding Company, a subsidiary of Qatar Petroleum partially floated on the Qatar Exchange, and one of the region’s premier diversified petrochemical conglomerates with interests in the production, distribution ...
Jiangxi Province-based Chinese steelmaker Fangda Special Steel has issued its financial results for 2013, announcing an operating revenue of RMB 13.215 billion ($2.17 billion), down 1.05 percent year on year, while it saw a net profit of ...
Tags: steel, Special Steel, jiangxi
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group (JISCO) has announced that in 2013 its Gansu-based subsidiary Hongxing Steel recorded a net loss of RMB 2.338 billion ($383.28 million), as compared with a net profit of ...
Tags: Steel, Iron, Hongxing Steel
ArcelorMittal Brasil, Brazilian subsidiary of global steelmaker ArcelorMittal, has announced its financial results for 2013, indicating that the surplus of global steel production capacity is over 570 million mt, which still presents risks ...
Tags: Steel, Metallurgy, Mineral
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Co. (Ansteel) announced its annual financial results for 2013, stating that it recorded an operating revenue of RMB 75.329 billion ($12.35 billion) for the year, compared to ...
Tags: Metallurgy, Mineral, Steel