Kuwait Cement Company said in a bourse filing yesterday it booked a net profit of KWD8.84m (US$31.3m) for the six months ended June 30, 2012, slightly up from KWD8.69m a year earlier. The cement producer reported earnings per share (EPS) of ...
Tags: market view, cement
Kosher food specialist G.Willi Food has said it will pursue acquisitions after seeing profits plunge in the first half of its fiscal year. Israel-based G.Willi's chairman,Zwi Williger,said on Wednesday(15 August)that the firm sees an ...
Tags: acquisitions, profits, G.Willi
China Knowledge reported that XCMG Construction Machinery Co Ltd one of the leading construction machinery makers in China net profit fell 28.67% YoY to CNY 1.59 billion in the first half of this year, due to a sharp decline in sales volume ...
IDG News Service - Chinese PC maker Lenovo said on Thursday net profit in its fiscal first quarter ended June 30 grew by 30% year-over-year, as the company inched closer toward surpassing HP to become the top vendor in the market. ...
Tags: Lenovo, Profit, Mobile Business
A fall in the Brazilian real and a spike in soybean costs were key factors in the fall in half-year profits at Brasil Foods,the company has reported. Brasil Foods booked an 82%fall in first-half net profit to BRL160m(US$79.2m)for the six ...
Tags: soybean costs, net debt, profits
Epileds, a Taiwan-based maker of AlGaInP and InGaN LED chips for use in LED lighting, on August 13 released financial report for the second quarter of 2012, with net operating profit of NT$61 million (US$2.0 million) hiking on quarter by ...
Lextar Electronics Corp. ("Lextar" or the "Company) (TAIEX: 3698) announced its results for the second quarter of 2012. The Company reported consolidated revenue of NT$ 2,611 million, up 19% from the previous quarter and near 10% of YoY ...
Tags: Taiwan, LED, Lextar, financial results
Indian Ice cream and frozen foods firm Vadilal Industries plans to invest INR306.2m($5.52m)to expand and modernize its production facilities. This project will cover the company's facilities in Gujarat,Uttar Pradesh,and its processed food ...
Tags: production facilities, net profit, net sales
Nestle's share price increased this morning (9 August) as the Kit-Kat maker booked an increase in first-half profit and reaffirmed its full-year guidance. The Swiss food giant reported an 8.9% increase in earnings of CHF5.12bn (US$5.26bn) ...
Tags: food, share price, emerging markets, price rises, cost-cutting, water
China-focused infant formula firm Synutra International has cut its full-year sales and profits guidance following a weaker-than-expected first quarter. For the three months to the end of June, Synutra saw net sales rise by 22.5% to ...
Canadian seafood processor High Liner Foods saw its in half-year net profit plummet on the back of costs related to the acquisition of Icelandic Group. Net income for the six months of the year ending 30 June slides 80.9% to C$2.8m ...
Tags: seafood, acquisition, frozen seafood, food
Dutch Financial conglomerate ING posted 17.8% fall in underlying net profit for the second quarter of 2012, which was €1.04bn, compared to €1.52bn during the same period last year. The diversified financial startup blamed ...
Tags: Financial conglomerate, ING, net profit
Chroma ATE, a Taiwan-based provider of in-house-developed automated testing solutions and equipment, is looking to demand for automated equipment of testing LED lighting devices arising from growing use of LED lighting, company chairman and ...
Tags: LED lighting
LED lighting manufacturer Cree has released its financial results for 2012. The results show that the US company increased its revenues from $243m to $306.8m in the fourth quarter of 2012, an improvement of 26 per cent. For the full ...
Tags: LED lighting
The Abu Dhabi market measure ADXGI slipped by a quarter percentage point to 2, 504.76 points. Ras al-Khaima-based Union Cement Co. Or UCC jumped 9.41% to hit Dhs093. Earlier in the day, UCC said its net profit attributable to owners of the ...
Tags: market view, cement