Tata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering. The business momentum is expected to continue in 2013, as customers invest in more efficient ...
Tags: Consultancy Services, Tata, outsource
Chinese state-owned shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) has announced that its net profit is expected to decrease by 95-100 percent year on year in 2012, due to declining volumes of ships under ...
Tags: China, CSSC, Net Profit, 2012
On January 11, Jiangsu Province-based Chinese steelmaker Shagang Co., Ltd issued its estimated adjusted financial results for 2012, indicating a net profit of RMB 13-40 million ($2.1-6.4 million), with a decrease of 85-95 percent compared ...
Tags: Shagang, Net Profit, 2012, steel
Revenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses. Revenue for the quarter was $1.9 billion, up 5.8% from the same quarter last year, helped by the company's ...
Tags: Infosys, revenue, acquisition, Lodestone Holding
Qassim Cement Co increased net profits by 1.46% in 2012 to $149.6m. The company, which is based in the city of Buraydah, said that net profits for the fourth quarter of the year dipped by 2.1%, however, to $38.1m. It blamed this on the ...
Tags: Qassim Cement, net profits, cement industry
Saudi cement producers Yamama and Yanbu have reported solid profit growth, though Yamama s profits slipped somewhat in 2012 s final quarter, Saudi Gazette has reported. Yanbu Cement posted a net profit of SR720m ($192m) for 2012, up by ...
On January 10, Shanghai-based Chinese steel giant Baoshan Iron and Steel Co. Ltd (Baosteel) issued its financial results for 2012, indicating a net profit of RMB 10.305 billion ($1.64 billion), up 39.98 percent on year-on-year basis. ...
Tags: steel giant, Shanghai, Baoshan, 2012
Indian steel giant Tata Steel forecasted that its sales would rise in the fiscal year 2013/14 (during April 1st, 2013 through March 31st, 2014), stimulated by increased demand. It’s learned that steel demand from India and Europe ...
Tags: India, steel giant Tata Steel, fiscal year
Since April this year at Brazilian cabinet furniture manufacturer Unicasa Indústria de Móveis,a company listed on the stock exchange,the decline in turnover which already began in the second quarter of 2012 has further ...
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
Yanbu Cement has announced a net profit of $192m (SR: 720m) for 2012 - a 36.1% increase on 2011. The company said that the increase had been achieved as a result of improved sales and the fact that it had started production at its fifth ...
Tags: Yanbu Cement, increase, company news, Construction
Controversial Chinese firm Huawei has revealed its sales revenue for 2012 is to surpass the$35bn(£21.7bn)mark,with a net profit of$2.4bn(£1.4bn)–an increase of more than 10 per cent year-on-year for both figures. The ...
Tags: Huawei, telecommunication, US, UK, China
Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel (Group) Co. (TISCO) has announced that in 2012 it achieved a record annual finished steel output amounting to 10.15 million mt, up 2.52 percent year on year, including 3.1 ...
Tags: Chinese steelmaker, Metallurgy, Steel Output
CSR has been identified as an important parameter in the MoU drawn up by all the PSUs with the Ministry. CSR activities focusing on environmental care, education, health care, cultural efflorescence, peripheral development, family welfare, ...
Toledo Mining has put the final piece in place in a deal to develop the Berong nickel venture in the Philippines. Toledo has sold its 31% stake in Nickeline Resources and bought 18.7% of Berong Nickel Corporation of which Nickeline ...
Tags: Toledo Mining, mining, Berong nickel, nickle, metal industry