The Saudi Basic Industries Corporation (SABIC) has announced a net profit of SR 6.31 billion for Q3 2012, as against SR 8.19 billion in the same period last year, a decrease of 23 percent, and an increase of 19 percent as against SR 5.30 ...
Tags: Basic Industries, profit, SABIC profit
Levi Strauss & Co. announced financial results for the third quarter ended August 26, 2012. Third quarter 2012 net revenues declined 9 percent on a reported basis and 4 percent on a constant currency basis. These results reflect the ...
Tags: Levi Strauss, revenues, financial results, third quarter
The Peninsula reported that the Qatar Petroleum and Qatar Petrochemical Company joint venture project in Ras Laffan Industry City is scheduled for completion in 2018. With the launch of the USD 7 billion project, Qatar would emerge as one ...
Tags: petrochemical products, Qatar Petroleum, Qatar Petrochemical
Shri Anand Sharma, Minister of Textiles has informed that textile industry suffered a downturn in 2011-12, due mainly to the global economic slowdown and partially the high price volatility in the international and domestic cotton market. ...
Tags: India, Textile Industry, Debt Restructuring
The Finnish firm said that the global economic slowdown had made its food industry customers cautious. The news comes as the firm announced its Q3 results. Sales for Q3 were €532m compared to €616m the year before. Its results ...
Tags: folding boxboard, paper production, profitable consumer packaging
Akzo Nobel N.V. reported a 6% increase in third quarter revenue compared with the same period last year. This was due to favorable currency effects and pricing actions. EBITDA for Q3 was 7% higher at €540 million. AkzoNobel has ...
Tags: AkzoNobel, Revenue, Third Quarter, Increase
The October 2012 book-to-bill (B/B) ratio of North American semiconductor-equipment industry hit a 12-month low of 0.75, with the three-month average of worldwide bookings amounting to US$743.2 million in October and the three-month average ...
Tags: Semiconductor, B/B Ratio
XINHUA reported that China's economic growth will pick up in the fourth quarter after slowing for seven consecutive quarters, due to booming domestic consumption and increasing infrastructure investment. According to the report released ...
Tags: China's economic growth, China economy, infrastructure investment.
WINCHESTER, Va. --- Upper end case goods manufacturer Henkel Harris has hired Charlotte, N.C.-based Stump & Co. to help it determine its strategic options, including a possible sale of the furniture operations, the company said Thursday. ...
Tags: furniture
Vietnam’s economic slowdown is proving a tough hurdle to overcome for mainland Chinese and Taiwanese plastics industry exporters, although some of them say they continue to see long-term potential there. Chinese and Taiwanese firms ...
Sumitomo Chemical Co. Ltd. has announced variances between its consolidated financial forecast for the half-year ended September 30, 2012, previously announced on July 31, 2012, and the actual results for the same period announced. The ...
Tags: Sumitomo Chemical, financial forecast, shareholder, stable dividend
Taipei, Oct. 19, 2012 (CENS)--Chairman S.C. Hsu of the Taiwan Association of Machinery Industry (TAMI) recently signed a memorandum of understanding (MOU) with his counterpart at the China Machinery Industry Federation (CMIF), Wang ...
LVMH:LVMH's Beauty Sales Remain Strong LVMH Moët Hennessy Louis Vuitton,the world's leading luxury products group,recorded revenue of€19.9 billion for the first nine months of 2012,an increase of 22%on the comparable period ...
Tags: Louis Vuitton, revenue, currency
LVMH Moët Hennessy Louis Vuitton,the world's leading high quality products group,recorded revenue of€19.9 billion for the first nine months of 2012,an increase of 22%on the comparable period in 2011.After taking into account the ...
Tags: LVMH, Revenue Growth, Organic revenue
Ensuring continuous gas supply to textile industries and release of outstanding refund claims would remain the key demands of Pakistan Textile Exporters Association (PTEA), the newly appointed Chairman of the association, Mr. Asghar Ali, ...
Tags: PTEA, textile industries, textile, power crisis