Samsung Electronics said its Galaxy S3 and Note 2 helped it to defy a shrinking smartphone market in the first quarter, boosting its overall profits by 42% from a year ago. The company said Friday its net profit was a record $6.4 billion ...
Tags: Samsung, Computer Products
The Chinese steelmaker Baosteel released its financial result for the first quarter of this year. In the first quarter of this year, Baosteel realized sales operating revenue of RMB46.436 billion, decreasing by 2.1% year on year and the ...
Swedish-based iron ore producer LKAB has issued its financial results for the first quarter of 2013, stating that its target for a 35 percent increase in planned deliveries by 2015 remains unchanged. The licensing process for the Mertainen ...
Tags: Net Profit, Mineral
Mexico-based mining company Minera Autlán, S.A.B. de CV (Autlán) C. Autlán estimates an increase of 3 percent in sales volume of ferroalloys from the first quarter last year, despite continuing difficulties in the ...
Tags: Minera Autlan, Mineral
Indian iron ore producer Sesa Goa has announced its financial and operational results for the fourth quarter and the full financial year 2012-13 ended March 31. In the fourth fiscal quarter, Sesa Goa's net profit decreased by 74 percent ...
Chinese coal miners plan to lobby concerned authorities to release tariff policies to restrict coal import of the nation. People in the know said in an interview on April 17 that coal miners in the market planned to lobby concerned ...
Tags: Coal, Metallurgy, Mineral, Energy
Mavic parent Amer Sports reported a 2 percent increase in sales for the first quarter on Thursday, and said it expected full-year sales to rise by at least 5 percent. For Amer's Mavic cycling brand, sales rose slightly to $47.6 million ...
Tags: Transportation, bike
Consumer electronics giant Samsung has posted record revenues and profits in its first quarter financial results following a surge in sales of mobile phones. The company cut the price of its popular Android smartphones in advance of the ...
Tags: Smartphone Sales, Samsung Storm
The Qatar Exchange 20 Index rose for the 7th consecutive session on Wednesday, closing up 1.42%at 8,656.22. Market bellwether Industries Qatar surged 4.24%, finishing at QR169.80. Shares of Qatar National Cement Co. declined 0.50% to QR99. ...
Tags: Cement, Construction
On April 25, Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co. announced that in the first quarter this year its operating revenue amounted to RMB 17.584 billion ($2.83 billion), down 20.67 percent year on year. ...
Tags: Shandong Steel, Operating Revenue
On April 25, Shanghai-based Chinese steel giant Baoshan Iron and Steel Co. Ltd (Baosteel) issued its financial results for the first quarter of this year, indicating a net profit of RMB 1.628 billion ($262 million), up 33.3 percent on ...
Tags: Baosteel, Net Profit
US chocolate manufacturer Hershey has reported that its net earnings increased by 21.77% to $241.91m for the first quarter of 2013, compared with $198.65m for the same quarter in 2012. The company attributed the increase in net earnings ...
Apple's net profit dropped during the second quarter of 2013 as the company's iPhone shipment growth slowed down, based on year-over-year comparisons. Apple recorded a profit of US$9.5 billion for the second quarter ending on March 30, ...
Tags: iPhone Growth, iPhone, Apple
Swedish specialty steel producer SSAB has posted its financial results for the first quarter of the current year, reporting a net loss of SEK 137 million, compared to a net profit of SEK 281 million in the corresponding quarter of 2012. The ...
Tags: Metallurgy, Mineral, Energy
Finland-based stainless steel producer Outokumpu has announced that it expects to reduce up to 2,500 jobs globally between 2013 and 2017, as part of its intention to significantly reduce its operating expenses and return the company to ...
Tags: Metallurgy, Mineral, Energy