Japanese vinyls producer Tosoh Friday posted a 79.8% year-on-year surge in consolidated net profit to Yen 16.9 billion ($166.9 million) for the fiscal year ended March 31. The company attributed the spike to a reduction in extraordinary ...
Tags: vinyls producer, Tosoh, vinyls
Reportedly, Nippon Steel & Sumitomo Metal Corp. (NSSMC), the second largest steelmaker in Japan released its financial result for the fiscal year 2012/13 ended on March 31st. NSSMC posted a net loss of 124.6 billion for the fiscal year ...
India's finished steel consumption was up 3.5 percent to 5.6 million mt in April of the current year, compared to the 5.4 million mt recorded in the same month last year, according to provisional estimates released by the Joint Plant ...
Tags: Finished Steel, Mineral
Sony made good on a promise to return to profitability after offloading a number of valuable assets last year, but its core electronics business is still losing money. The Tokyo-based company said Thursday it booked a profit of AY=43 ...
Tags: Sony, Electronics
According to the Society of Indian Automobile Manufacturers (SIAM), Indian motor vehicle production in April this year decreased 2.8 percent as compared to April 2012 with 1,721,455 vehicles produced. In the latest Indian fiscal year (from ...
Tags: Motor Vehicle, Mineral
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) owed nine banks a total of CNY 7.1 billion. It released financial forecasts for the fourth quarter of 2012 on May 2 and according to the forecasts, the ...
Tags: Service, Metallurgy, Mineral, Energy, solar
Japan's Toshiba says its quarterly net profit has tumbled 62 per cent from a year earlier, with demand for its televisions, computers and other digital products stumbling. The technology and engineering conglomerate said it had earned ...
Tags: Toshiba, net profit
Indian apparel industry is expecting positive growth in the coming years mainly due to the removal of excise duty on branded garments and madeups along with expected revival of overall economy. A report released by Care Research, a ...
Tags: Apparel Sector, Apparel
The sharemarket surged to its highest closing level in almost five years yesterday, with the materials sector leading relatively broad-based gains after China reported stronger than expected trade data, Wall Street hit record highs and spot ...
Tags: Stocks, China Data
Holden has announced a net loss of $152.8 million for the 2012/2013 financial year – the second largest in its history – a result it blames predominantly on reduced demand for its Australian-made vehicles. The local ...
Tags: Holden, Second-Biggest Loss
To counter the severe competition and soaring cost of producing carpets, Nepali carpet manufacturers and exporters are now focusing on manufacturing of high-end carpets that face relatively less competition. Due to incursion of ...
Tags: Nepali Carpet, Textile
Apple climbed the Fortune 500 this year to the No. 6 spot, its highest-ever ranking, its first time in the top 10, and the top technology company on the influential list, replacing sagging HP. Fortune, which ranks firms by annual revenue, ...
Tags: Apple, Fortune 500
Chinese telecom equipment and network solution provider Huawei Technologies Co., Ltd. will not debut on the stock market within five to ten years. The Shenzhen-based firm was brought under the limelight owning to problems regarding to ...
Tags: Computer Products, Electrical, Electronics
Chinese construction machinery maker Sany Heavy Industry Co., Ltd. (SHSE: 600031) has begun benefiting from a foray into markets overseas. It released financial results for the fiscal year 2012 on April 26 and according to the results, ...
US-based Hain Celestial has acquired of Ella's Kitchen, a manufacturer and distributor of organic baby food, for an undisclosed amount. The company has also formed a Global Infant, Toddler & Kids Division under Hain Celestial US. Ella's ...
Tags: Hain Celestial, Ella's Kitchen