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Operating Loss
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Finsbury Food Plans to Close Grain D'or Bakery Business
Aug 28, 2017UK-based bakery products manufacturer Finsbury Food Group is planning to close its Grain D'Or bakery business, putting around 250 jobs at risk. The company said that Grain D'Or has been historically loss making even after implementing ...
Tags: bakery products, bakery
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Mattel Enjoys Sales Spike in Q217 Financial Results
Jul 31, 2017Mattel has enjoyed a spike in net sales in its second quarter 2017 financial results. The firm reported that net sales were up by two per cent as reported and up by three per cent in constant currency, versus the prior year's second ...
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Unity Opto Adjusting LED Lighting Product Mix
Apr 14, 2017LED packaging service provider Unity Opto Technology is decreasing production for light bulbs and increasing that for more profitable lamps, with the proportion of lighting revenues for the former to slip to 20% and the latter to rise to ...
Tags: LED packaging, LED lamp
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Cree's Double-Digit Growth in Commercial Lighting Offsets Slowdown in Consumer Lighting Prior to Launch of Next-Gen Bulb
Aug 23, 2016For full-year fiscal 2016 (ended 26 June), Cree Inc of Durham, NC, USA has reported revenue of $1.62bn, down slightly on $1.63bn for fiscal 2015, as growth in commercial lighting and stable LED revenue was offset by lower consumer lighting ...
Tags: Cree Inc, revenue report, LED products
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Oclaro's Revenue Grows for Fourth Consecutive Quarter, up 52% Year-on-Year
Aug 9, 2016For its fiscal fourth-quarter 2016 (to 2 July, a 14 week quarter), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $125.2m, up 24% on $101.1m last ...
Tags: Oclaro, optical communications, DFB
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Glatfelter Reports Second-Quarter 2016 Earnings
Aug 4, 2016Glatfelter reported second-quarter 2016 net income of $2.0m, or $0.04 per diluted share compared with $2.8m or $0.06 per diluted share in the second quarter of 2015. Adjusted earnings for the second quarter of 2016 were $2.8 million, or ...
Tags: Glatfelter, Specialty Papers
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BlackBerry Sells Fewer Phones Than Expected
Apr 5, 2016BlackBerry sold fewer phones than expected in the last quarter, in the latest blow for the troubled smartphone maker. During its investor conference call, the firm said it sold 600,000 phones in the last quarter, which is fewer than the ...
Tags: BlackBerry, Phones, Phone sales, Smartphone maker
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Yue Yuen's 2015 Revenues Expand 5 Percent
Mar 28, 2016Yue Yuen reported revenues rose 5.3 percent to $8.43 billion in 2015, led by growth in its network of retail stores. Net pProfits grew 17.9 percent Highlights Revenue up 5.3 percent to US$8.43 billion for the year ended December 31, ...
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Li Ning Returns To Profit
Mar 21, 2016Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
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Adidas Fourth-Quarter Loss Narrows, Offers Bullish Outlook
Mar 13, 2016Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
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DIY Motherboard Shipments in 2015 to Fall 21.7%
Dec 31, 2015There will be an estimated 54 million DIY motherboards shipped globally in 2015, decreasing 21.7% on year, according to Taiwan-based supply chain makers. Asustek Computer and Gigabyte Technology, the two largest vendors, will each ship ...
Tags: high-end models, China market, Motherboards
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Industry Profits Slide on Broad-Based Weakness
Dec 14, 2015Lingering inventory issues from the port delays, ongoing foreign exchange headwinds for international companies and a tepid response from consumers at retail pushed down aggregate industry profits by 14% in Q3 to $3,529.3 million from ...
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Trillium Acquires Oxford Instruments-Austin Division
Nov 25, 2015Trillium US Inc of Clackamas, OR, USA has acquired the Oxford Instruments-Austin division of Austin, TX, USA (formerly Austin Scientific). Focused on the helium-compression-based vacuum and temperature management and control sector, Oxford ...
Tags: Vacuum pumps, blowers, Oxford Instruments
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Universal Display 2Q15 Revenue Down 10% YoY
Nov 12, 2015Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials,today reported financial results for the second quarter ended June 30, 2015. “The consumer ...
Tags: Universal Display, lighting markets, OLEDs
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TPK Announces US$600 Million Net Loss for 3q15
Nov 6, 2015Touch panel maker TPK has announced net loss of NT$19.4 billion (US$600 million), or loss per share of NT$55.15 for the third quarter of 2015. The operating loss was primarily attributable to one-off asset impairment charges on ...
Tags: 3Q15, loss, touch panel, TPK
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