Chung Hung Steel, one of the major carbon steel flat rerolling mills in Taiwan is going to release its new price policy for next January on December 25th. Most market analysts predicted that Chung Hung Steel would raise the prices by ...
Tags: Chung Hung Steel, carbon steel flat, steel, steel market
Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa ...
Quiksilver, Inc. announced operating results for the fiscal 2012 full year and fourth quarter ended October 31, 2012. The following comparisons refer to fiscal 2012 versus fiscal 2011. Net revenues grew 3% to $2.01 billion ...
Tags: Sales, operating results, Net revenues
Nike Inc. reported financial results for its fiscal 2013 first quarter ended August 31, 2012. Strong demand for Nike, Inc. brands propelled first quarter revenue to new record highs. As expected, diluted earnings per share were lower due to ...
Tags: Nike, Mark Parker, diluted earnings per share, gross margin
US own-label firm TreeHouse Foods has booked a decline in third-quarter profit as a result of higher input costs and drop in volumes. Earnings in the three months to the end of September totalled US$21.6m compared to $30.4m last year. ...
Tags: Treehouse, third-quarter profit, higher input costs, earnings
PepsiCo booked a 5% drop in third-quarter earnings today (17 October) as it increased its spending behind flagship brands. The company said earnings totalled US$1.9bn, or $1.21 per share, in the three months to 8 September, down from ...
Tags: PepsiCo, earnings, operating profit
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Canadian food group Maple Leaf Foods has booked a drop in third-quarter earnings due to the write-down of certain assets. Maple Leaf earnings fell to C$32.6m (US$32.6m), down from $43m last year, the company revealed today (31 October). ...
Tags: food group, food, earnings, profit
US baker Flowers Foods has reported a slight lift in third-quarter earnings, which were boosted by "solid" sales gains. In a regulatory filing yesterday (8 November) the company said net income rose to US$31.2m in the three months to 6 ...
Tags: baker Flowers, Flowers Foods, Flowers, Foods
Boparan Holdings, the parent company of UK firm 2 Sisters Food Group, has moved into the black in its last financial year when its sales grew ahead of the market. The business booked a profit of GBP42.5m for the 12 months to 28 July, ...
Tags: FY profit, LFL sales, frozen business
UK sausage-skin maker Devrp has warned that its full-year operating profit will likely miss forecasts. The company blamed higher input costs and the negative impact of currency exchange, due to a weak Czech crown. Nevertheless, the ...
Tags: Profit Warning, operating profit, productivity initiatives
Recently, most of steel pipe makers in Taiwan have announced to hike the prices by NT$500~NT$600/ton for December in response to higher input costs. However, dealers pointed out that the demand might decrease as the prices rise was ...
Tags: Steel Pipe Makers, input costs, stockpile
Sysco, one of the major coating steel mills in Taiwan, said the company will follow Yieh Phui's step to rise its export price in next February by around US$15~US$20/ton. According to news, Sysco's production line in next January has ...
Tags: coating steel, production line, export prices, pre-painted steel products
It's reported that the Taiwanese galvanized steel mills planned to hike the export prices by US$10~US$20/ton for next January in order to reflect higher input costs. It's known that China Steel Corp. (CSC) and Chung Hung Steel, the two ...
Tags: Galvanized Steel, Steel export prices, Taiwanese steel mills
Australian food group Goodman Fielder, which has made losses in its last two financial years, said today (22 November) it had secured a "milestone" agreement on prices and recovering input costs. MD Chris Delaney said Goodman Fielder had ...
Tags: Goodman Fielder, losses, food, bread, artisan bread