Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Chief executive says company is confident of catching up with top global players TCL Corp, one of China's leading consumer electronics companies, will boost its presence in the telecommunication device segment of the domestic market in ...
Tags: TCL Corp, consumer electronics, telecommunication device
Australia's meat pie producing company Patties Foods has decided to scrap its interim dividend following the frozen berries recall due to potential microbiological contamination. The company recalled contaminated products earlier this ...
Tags: Patties Foods, Frozen Berries
Brand & Retail, the branded apparel segment at textile and denim major, Arvind Ltd witnessed sales surging 21.1 per cent year on year in the third fiscal quarter ended December 31, 2014. Net sales for the third quarter of fiscal 2015 in ...
Gross retail turnover at specialty stores retailer, Shoppers Stop Ltd (SSL) lifted 7.23 per cent year on year in the third fiscal quarter ended December 31, 2014. SSL said its gross retail turnover stood at Rs. 844.77 crore for the ...
Tags: Shoppers Stop, Mothercare, Apparel
Asian Paints Ltd. has announced its financial results for the quarter and nine months ended December 31, 2014. “We registered single-digit volume growth in the decorative paint segment in India due to sluggish demand conditions," ...
Former Coles boss, Ian McLeod has resigned from his position with Coles’ parent company Wesfarmers, accepting an offer to become President and Chief Executive Officer of Bi-Lo Holdings, one of the largest supermarket operators in the ...
Tags: retail market, Agriculture
Taiwan-based SMD LED packaging service provider Advanced Optoelectronics Technology (AOT) will actively promote sales of SMD LED packaging for lighting applications and expects the revenue proportion for LED lighting in 2015 to double the ...
JMC released business express on Tuesday night, in 2014 net profit of JMC is 2.1 billion RMB, up by 24.40% year-on-year; per share earnings 2.44 yuan. From Jan to Dec in 2014, JMC achieved operating income of 25.537 billion yuan, up by ...
Sika has reported record sales in every region and also says that all relevant growth targets for full-year 2014 have been exceeded. An above-average increase in net profit is expected for the business year 2014. In the fourth quarter of ...
Tags: emerging markets, Construction
Samsung's earnings in Q4 rebound from the prior quarter on brisk chip sales and reduced marking costs, a regulatory filing showed Thursday. Samsung Group is reorganizing its business empire to make it easier for the children of Samsung ...
Tags: Samsung, Mobile Chip
Private equity investing firm Abraaj Group has decided to withdraw from the bidding process for the acquisition of Egypt's BiscoMisr. The company had offered $12.14 per share to purchase up to 100% of the share capital of Egyptian cake ...
Tags: Egyptian cake, biscuit maker, Agriculture
Sany Heavy Industry Co Ltd is planning to increase investments in emerging markets like Venezuela, as the heavy machinery maker seeks ways to sustain growth amid tough market conditions at home. The company said on Thursday that its auto ...
Tags: Heavy Industry, Emerging Markets
Chrysler Group has renamed itself as FCA US with immediate effect following the renaming of its global parent company, Fiat Chrysler Automobiles. The new name was officially adopted in October when the company was listed on the New York ...
Tags: bankruptcy, Auto
For the nine month period ending October 31, 2014, Spanish apparel marketer, Inditex said its revenues lifted 7 per cent year on year to €12.7 billion. Sales in local currencies in the reporting period were up 10.5 per cent from the ...
Tags: apparel marketer, Net profit, Apparel