Textured Jersey Lanka PLC(TJL),Sri Lanka's premier manufacturer of knit fabric,demonstrated its operating excellence by doubling net profits for the quarter ended 30 September 2012(2Q FY2012/13),as per the financial results released to the ...
Tags: Textured Jersey Lanka, knit fabric, net profits, financial results
US food group Hormel Foods saw its profits accelerate in the final quarter of its financial year amid stronger earnings from its grocery products business. Hormel, which makes Spam canned meat, booked a 13% increase in net earnings to ...
Tags: food, grocery, canned meat, taco, burrito, refrigerated foods
Growth in own-label food has helped Sainsbury achieve a 2.5%rise in profits to £405M in the six months to September 29. Underlying profit before tax climbed by 5.4%to reach £373M. The retailer's ceo Justin King told BBC ...
Tags: profits, retailer, grocery market
Lenovo said Thursday its net profit for the fiscal second quarter increased by only 13% year-over-year, marking a shift from the high profit growth the company has previously seen. For the fiscal second quarter ending on Sept. 30, ...
Tags: Lenovo, PC, smartphones, laptops
Indian outsourcer Infosys blamed continuing global economic uncertainties for a slide in year-on-year revenue growth in U.S.dollar terms,which declined to 2.9%for the third quarter,from 16.7%a year earlier. "It's still very choppy out ...
Tags: Indian outsourcer, Infosys, global economic uncertainties, net profit
UK food ingredients group Tate & Lyle plc has said its first-half profits remained flat year-on-year, with growth expected to pick up in the second half. "Overall, we expect to report adjusted operating profit for the group for the first ...
Tags: food, bulk ingredients, liquid sweeteners, ethanol, corn crops
Apogee Enterprises Inc.announced fiscal 2013 second-quarter results and this included good news regarding its architectural glass segment.Overall,revenues of$175.9 million were up 6 percent.Net earnings per share were$0.18,compared to a ...
Tags: Apogee Architectural Revenues Rise, Backlog Grows, Architectural segment
Eddie Bauer LLC the active outdoor brand announced that Daniel E.Templin has accepted the position of Chief Operating Officer and Chief Financial Officer.Mr.Templin is a seasoned outdoor industry executive,most recently holding the position ...
Tags: Eddie Bauer, Daniel E.Templin, COO, CFO
Neo-Neon Holdings Co., Ltd.’s share price closed up 83.51% at HK$1.78 this Wednesday on Hong Kong Stock Exchange thanks to inspiring corporate news. The company, which is the world’s No.1 decorating lighting company listed ...
China Liansu Group Holdings Ltd., the country’s largest plastic pipe maker, plans a significant expansion to meet growing domestic demand, with new factories slated for Hainan, Yunnan, Shandong and Guangdong provinces. Liansu ...
US food group Hormel Foods has booked an increase in third-quarter profits as all five of its business segments reported earnings growth. In the three months ended 29 July, profit climbed 13% to US$111.2m, the company reported yesterday ...
Tags: food, third-quarter profits, increase, Hormel Foods
Lindt & Spruengli has booked a 14% rise in first-half net profit in the face of weak consumer sentiment in the chocolate-maker's largest markets, the US and Europe. The Swiss chocolatier said today (21 August) net profit rose to CHF36.6m ...
Tags: chocolate, weak consumer, milk, sugar, nuts
Australian food manufacturer Goodman Fielder has narrowed its full-year losses,driven by cost cuts and earnings growth in Asia Pacific. In the 12-month period,the company reported a net loss of A$146.9m(US$154.3m)compared to a loss of ...
Tags: cost cuts, earnings growth, loss
China-focused infant formula firm Synutra International has cut its full-year sales and profits guidance following a weaker-than-expected first quarter. For the three months to the end of June, Synutra saw net sales rise by 22.5% to ...
Global food ingredients manufacturer International Flavors and Fragrances saw its half-year net profits rise after its flavours business delivered a positive performance. Net income for the six months of the year ending 30 June, increased ...
Tags: food, flavors, fragrances, flavours business