UK-listed Ukrainian dairy firm Ukrproduct reported higher first-half profits thanks to its branded products and its production of fermented beverage kvass. Net profit more than doubled to GBP636,000 (US$1m) in the six months to the end of ...
Tags: dairy firm, fermented beverage kvass, profits, dairy, kvass
Myer Holdings Limited releases full year results ending 28 July 2012. Financial highlights Sales • FY2012 sales down 1.3% to $3,119 million, down 2.0% on a comparable store sales basis • 2H2012 sales down 0.7% to ...
Tags: Myer, financial, strong gross, Myer Exclusive Brands, reducing shrinkage
As of the end of 2011, 13 cities in Mainland China had built up subways, with the total length of 1,678 km; it is expected that the urban rail transit AFC equipment market in Mainland China will value over RMB16 billion in 2020. In 2011, ...
Tags: Industrial Equipment, Components, Manufacturing, Processing Machinery
A more muted profit forecast from UK meat processor Hilton Food Group sent shares in the Tesco and Ahold supplier down in early trading this morning (11 September). After reporting flat half-year profits, Hilton said it now expects annual ...
Tags: Hilton Food Group, meat processor, Operating profit, net profit
The profits of the GCC s quoted cement companies increased by 27.1 l % during the first half of 2012 - another indicator that the region s construction market is improving. A new report by Kuwait s Global Investment House stated that the ...
Tags: market view, cement
But executive chairman Jerry Rawls thinks that communications firms will have to begin adding to their network capacities before long. Datacom versus telecom:Finisar's last eight quarters Finisar,the top-ranked supplier of optical ...
TANGA Cement has posted a net profit of 15bn/- for the first half of the year, an increase of 56 per cent from 9.9bn/- in the corresponding period last year. The cement firm that trades on the Dar es Salaam Stock Exchange as Simba has ...
Tags: market view, cement
"I believe the short-term prospects for the industry appear bearish. Regardless, over the medium to long term, the sector offers good growth potential, " Kumar Mangalam Birla said in a statement released after the company s annual ...
Tags: market view, cement
UAE: A series of results has been released by cement producers in the United Arab Emirates. Sharjah Cement has announced a US$3.5m net profit for the first half of 2012, an improvement from a US$0.6m loss in the first six months of 2011. ...
Tags: market view, cement
Rieter Group releases result for the first half of 2012. Higher order intake than in the second half of 2011 – lower sales, as expected – profitability reduced by lower volumes and the investment program – investment ...
Tags: market view, Textile machinery
Chinese dairy Mengniu has booked a drop in first-half profits. In the six months to the end of June, net profit slid to CNY747.9m (US$117.7m), compared to CNY892.1m recorded last year. The company blamed the decline on a "surge" in the ...
Tags: Mengniu, dairy products, Mengniu's net profit, Chinese dairy industry
Chinese telco equipment and smartphone maker ZTE is struggling to sell its wares in a sluggish market, and in face of EU and US government investigations. Chinese telco equipment and smartphone maker ZTE is struggling to sell its wares in ...
Tags: smartphone, ZTE, telco equipment, government investigations
X5 Retail Group has booked a 20.6% decline in first-half profits, with declining sales and margins hitting the bottom line and currency exchange dampening comparisons. The company said today (21 August) net profit slipped to US$135.2m in ...
Tags: retailer, net sale, report, X5 Retail Group
Lindt & Spruengli has booked a 14% rise in first-half net profit in the face of weak consumer sentiment in the chocolate-maker's largest markets, the US and Europe. The Swiss chocolatier said today (21 August) net profit rose to CHF36.6m ...
Tags: chocolate, weak consumer, milk, sugar, nuts
Ikea is looking to build 100 budget hotels across Europe ---- but no, you won't have to build your own bed. The Swedish furniture giant is launching its biggest real estate development yet with the "budget design" hotels, which could be ...
Tags: Furniture Retailing, Business Strategy, Ikea, Home Furnishing