As per its financial results according to international financial reporting standards (IFRS) for the third quarter of the current year, Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest saw its net ...
Tags: iron, metallurgy, profit
Liaoning Province-based Chinese steelmaker Bengang Steel Plates Co. (Bengang Steel Plates), a subsidiary of Benxi Iron and Steel (Group) Co. (Bengang Group), announced on December 3 that it plans to swap assets with its parent company ...
Tags: Bengang Steel Plates, steel, Metallurgy, swap assets, Benxi Iron and Steel
In the first three quarters, the business revenue of JAC hits 25.471 billion yuan, up by 17.22% over last year. The sales volume of passenger vehicles reaches 167747 units, up by 6.8% year on year. When the commercial vehicle business ...
Tags: vehicle, transportation
Driven by lower sales revenue, American women’s clothing retailer Body Central Corp swung to a loss in the third quarter of 2013. The company witnessed a 10.4 per cent dip in net revenues to USD 60.8 million in the thirteen weeks ...
Tags: women's clothing, Apparel
Mauritius-based clothing firm CIEL Textiles witnessed double-digit growth in first quarter profits as a result of good order books, improved international operations and rise in in seasonal sales of knitwear. Whilst all clusters and ...
Tags: CIEL Textiles, knitwear
The unending slowdown in the Chinese economy saw the net profit of men's casual apparel manufacturer China Xiniya Fashion plunging by 89.4 per cent at RMB6.0 million in the third quarter ended September 30, 2013 from RMB56.4 million in the ...
Tags: Xiniya Fashion, Apparel
Releasing the second quarter numbers, the Vardhman Textiles’ management had predicted that margins may come under pressure ahead as cotton prices will increase while demand remains weak. The statement of the company that ...
Tags: Cotton Prices, Textiles
Cotemar group has awarded Safe Lancia a three-year bareboat contract ending in December 2016. The contract value is approximately USD 68 million. Prosafe is the world's leading owner and operator of semi-submersible accommodation ...
Tags: Safe Lancia, Mexico, Contract
It’s reported that the world's second largest steel group, China's Hebei Iron and Steel reported its first nine months net profit in 2013 dropped by 68.17% year on year. The company said the main attributes are the sluggish steel ...
Tags: metallurgy, steel
Major European iron ore concentrate producer Northland Resources has announced its financial results for the third quarter and the first nine months of the current year, stating that, after a difficult second quarter when the future of the ...
While Chinese polyester players are emerging as "too big to fail", their closest rivals from India have hit the slowdown wall as they struggle with poor economies of scale in the event of weak demand from major markets like Europe. The ...
The Ukrainian mining and steel producing group Metinvest has announced its results for the first half of 2013. In the given period, Metinvest's net profit amounted to $443 million, rising 31 percent compared to the same period of the ...
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co. (Shandong Steel) announced on November 26 that it plans to sell its 80 percent stake in Jinan Steel International Trade Co. (Jigang International Trade) and its 100 ...
Tags: Shandong Steel, sell, asset, RMB, million
The third-quarter consolidated net profit of Spain’s Cementos Molins fell 65.5 per cent YoY to EUR10.8m. The company’s international subsidiaries enjoyed a profit of EUR43.3m, offsetting the EUR32.5m loss registered in the ...
Tags: export, Cementos Molins, offset, domestic, loss
In its financial results according to international financial reporting standards (IFRS) for the third quarter of the current year, Russian pipemaker TMK saw its net profit decrease by 13 percent quarter on quarter to $35 million. In the ...