Fuyao Glass, one of the world’s largest makers of glass used in automobiles, gained 3% on Friday at the Shanghai Stock Exchange after the company said net profit in the first three months of the year climbed by 11% to 391.9 million ...
Tags: Fuyao Glass, Glass
On April 19, Shanxi Province-based Chinese steelmaker Shanxi Taigang Stainless Steel Co.announced its financial report for the first quarter of the current year. Accordingly, in the given period the company's operating revenue totaled RMB ...
Tags: steel, Metallurgy, Mineral, Energy, shanxi
In the first quarter this year, Chinese company Jigang International Trade Co., a subsidiary of Shandong Province-based Chinese steelmaker Jinan Iron and Steel Co. (Jigang), sold 1.48 million mt of iron ore worth RMB 1.2 billion ($192.9 ...
The JAC automotive car was one of the earliest companies to entry into Brazil to expand their business in China. According to the announcement in October 2011, the company decided to invest 900 million reais (about 500 million dollars) to ...
Tags: JAC, automotive car
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
Yanbu Cement Co recorded a net profit of $65.9m (SR: 247m) in the first quarter of 2013 - a 70.4% increase on the same period in 2012. The company attributed the growth due to much higher sales as a result of the start of commercial ...
Tags: Yanbu Cement, Construction
On April 15, Shanxi Province-based Chinese coke producer Shanxi Coking Co., Ltd announced that in 2012 its operating revenue totaled RMB 5.722 billion ($313 million), down 26.2 percent, while its net profit amounted to RMB 29.68 million ...
Tags: Shanxi Coking Co., Ltd, Net Profit
Indian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by staff salary increases, and investments and acquisitions by the company in new technology areas and markets. The ...
Tags: Infosys, Computer Products
On April 13, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co. Ltd announced that in 2012 its total operating revenue amounted to RMB 111.632 billion ($17.95 billion), down 16.28 percent, while its net profit totaled RMB 109 ...
Tags: Hebei Steel, Net Profit
Beijing-based Chinese steelmaker Shougang Co., Ltd has issued its final financial results for 2012. Accordingly, Shougang has posted an operating revenue of RMB 10.1 billion ($1.6 billion) for 2012, down 19.28 percent year on year, while ...
Tags: Shougang Co, Net Loss
Russian mining and steel group Mechel has announced its financial results for 2012. In 2012, Mechel saw a net loss of $1.66 billion compared to a net profit of $727.9 million in the previous year. In 2012, the company's operating income ...
Huawei generated $11.8 billion revenue from China alone in 2012, and forecasts a compound annual growth rate of 10 percent for the next five years. The global ICT solutions provider achieved steady business growth according to its audited ...
Tags: Computer Products, huawei, ICT
On April 9, Chinese steelmaker Pangang Steel Vanadium & Titanium Plant Co., a subsidiary of Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group), announced that it has decided to issue ...
Tags: Pangang Steel, Mineral
Tata Consultancy Services is to acquire French IT services company Alti in a bid to increase its presence in the European market. India's largest outsourcer said in a filing Tuesday to the Bombay Stock Exchange that it has signed ...
Tags: Computer Products, software
India-based dairy firm Thirumala Milk Products (TMPL) is establishing a milk processing and packaging plant at Melmaruvathur in Tamil Nadu state with an investment of INR1bn ($18.28m). The facility is expected to process 400,000 liters of ...