The profitability of Chinese baijiu makers recovered last year, according to a report published by the World Alcoholic Beverage Alliance on Monday. The gross margin of baijiu, or "white liquor," producers' main business grew to 33.1 ...
Tags: Liquor Industry, Baijiu
Slowdown-scarred, growth-seeking Chinese television manufacturers are shifting their focus to intelligent TVs and overseas markets. Five key reasons characterize the trend: falling sales, the rise of smartphones and personal computers as ...
Tags: intelligent TVs, computers
JMC released semiannual report in August 26. During the report period, JMC achieved 10.8 billion Yuan, down by 9.83% year on year and net profits attributable to shareholders of 705 million Yuan, down by 34.86% year on year. The basic ...
The net turnover of the Ebro Group grew by 16.1% year on year in 2015, rising to €2462m (€2.4bn). The EBITDA, or gross operating profit, was considerably better than year-end projections, closing at €314.8 million, up 9.6% ...
Tags: Ebro Group, net turnover, EBITDA
Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia, announces its unaudited consolidated IFRS results for the period ending June 30, 2016. Second quarter financial highlights Revenue increased by 9% ...
Lenovo has posted second-quarter consolidated revenues of US$10.1 billion, decreasing 6% on year, gross margin 15.3%, operating profit US$281 million, up 97%, and net profit US$173 million, up 64%, according to the company. Lenovo shipped ...
Foton announced that DONGFANG Precision will make acquisition of 10% Pride Power Company stock held by Foton with the price of 475 million Yuan. And they will pay for the acquisition with stock and cash. In 2010, Foton equity invested 10 ...
Tags: Foton, DONGFANG, Pride Power Shares
Frigoglass SAIC announces audited results for the quarter and six months ended 30 June 2016. Second Quarter 2016 Highlights Sustained recovery in West Europe (+27% y-o-y) driven by ICOOL’s penetration in Coca-Cola bottlersOngoing ...
Tags: Frigoglass SAIC, beer market, Glass business
BMW has reported a 11% increase in its profits for the second quarter of this year due to strong sales of its three car brands. The net profit for the period between April and June end was €1.94bn, compared to €1.74bn for the ...
South Korea’s paper manufacturer Hansol Paper will speed up deleveraging effort to improve financial state that includes rights offering to be able to afford to venture into new areas for growth. Debts shot up as the company shifted ...
Tags: Hansol Paper, Paper
For second-quarter 2016, AXT Inc of Fremont, CA, USA – which makes gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge) substrates and raw materials – has reported revenue of $20.5m, down slightly on $21m a year ...
Tags: raw materials
JMC biannual performance report was released on the night of July 27. During the time, the company has achieved operating receipt of 10.8 billion Yuan, down by 9.83% year on year; and its net profit for the first half year is 704 million ...
The A2 Milk Company has revised its expected profits for the 12 months ended 30 June 2016. It now expects its revenue to be between NZ $350 million – $360 million. It also expects its earnings before interest, taxes, depreciation ...
Tags: A2 Milk, infant formula
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
While OLED panels are seeing increasing use in smartphones and have been adopted for TVs, the technology is unlikely to replace TFT-LCD panels and therefore makers of light guide plates for LCD panels will not see major impacts, said ...
Tags: OLED panels, OLED TVs