Price rises have helped US-based nut group John B. Sanfilippo & Son to book a 4% increase in full-year sales, despite lower volumes. For the 12 months to the end of June, Sanfilippo & Son saw net sales reach US$700.6m. The group ...
Tags: nut, sales rise, food market, food sales, food industry
Although Taiwan Semiconductor Manufacturing Co.'s(TSMC's)consolidated net sales for November sank around 11.4%from October,to NT$44.2 billion,industry executives estimated the foundry giant's revenue for the fourth quarter to exceed its ...
Tags: Semiconductor, TSMC, foundry, sales
Swiss food ingredients group Givaudan has booked an increase in first-half profits. In the six months to the end of June, net profit increased 67.5% to CHF201m (US$207.9m). Operating profit amounted to CHF295m, a 27.7% increase on the ...
Tags: food ingredients, flavours, fragrances, net profit
US grocery retailer Harris Teeter has booked a mix set of figures in the third quarter, hit by its recent M&A activity. In the three months to the end of June, net earnings amounted to US$15.8m, a decline on $32.1m reported a year ...
Tags: Profits, margins up, Lowe's deal
Simplo Technology Co.,Ltd.,maker of battery packs and modules in Taiwan,saw revenues in November up 1.5%from October to NT$5.76 billion(US$192 million),a new historical high for the seventh consecutive month.However,based on Simplo's ...
Tags: Simplo Technology, battery packs, module, revenue
Chinese meat processor Zhongpin saw its half-year net profits slump 36% despite posting a rise in revenues. Net income attributable to Zhongpin shareholders for first six months of the year ending 30 June was US$23.2m, compared to $36.2m ...
Tags: Zhongpin, half year net profits, revenue rise, gross profit margin
South African poultry group Astral Foods has booked a 23% drop in full-year earnings on higher grain prices and greater competition from European and South American poultry importers. Net income fell to ZAR392m (US$38m) in the year to end ...
Tags: Astral Foods, drop, earnings, corn costs
Canadian food and drink manufacturer Lassonde Industries has booked an increase in first-half profits. In the six months to the end of June, earnings climbed 16.8% to C$21.6m (US$21.7m). The acquisition of juice firm Clement and Pappas & ...
Tags: food manufacturer, drink manufacturer, profits, food, drink
Barnet Council will cut 70%of staff from the back-office functions it is outsourcing to Capita in a controversial deal to automate council services. The London borough's Cabinet is expected to approve the deal in a vote this evening,that ...
Tags: Capita, Cut Staff, Barnet Council, Outsourcing Deal
Compagnie de Saint-Gobain, a French supplier of construction materials, could give investors something to build on in the next 12 months. Its shares (ticker: SGO.France) could rally more than 20% as the company benefits from growing demand ...
Tags: Saint-Gobain, glass, construction
Zuoan Fashion Limited a leading design-driven fashion casual menswear company in China,today announced its financial results for the third quarter ended September 30,2012. James Hong,Founder,Chairman of the Board and Chief Executive ...
Tags: casual menswear, financial results, distributor sales, revenue growth
Global packaging solutions supplier Shiner International has reported an 8.2% decline in total revenue for the second quarter of 2012 to $16.4m compared to $17.9m in the same period of 2011. According to the company, the fall was mainly ...
Tags: total revenue, gross profit, revenues
Global shipments of lithium-ion battery cells are estimated to reach 4.59 billion units,and the volume is expected to continue to rise 9%in 2013 with annual production value increasing 6%to US$12 billion,according to the Industrial ...
Tags: lithium-ion battery cell, 3C product, shipments, smartphones, tablet PC
Tycoons Group Enterprise Co.'s chairman W.S.Huang noted that the firm's electric furnace in Thailand,costing NT$2 billion(US$66.67 million),is expected to be completed in the end of 2013,to remarkably reduce cost of raw materials and boost ...
Tags: Tycoons Group, electric furnace, steel industry, Thailand
Siemens has entered into an agreement to acquire Invensys Rail, the rail automation business of Invensys for approximately EUR 2.2 billion. At the same time, the company plans to divest its baggage handling, postal and parcel sorting ...
Tags: Siemens, rail, baggage handling, postal, parcel sorting activities