JMC biannual performance report was released on the night of July 27. During the time, the company has achieved operating receipt of 10.8 billion Yuan, down by 9.83% year on year; and its net profit for the first half year is 704 million ...
General Mills is planning to halt operations at its cereal plant and yogurt factory in the US, a move that would cut down the company's workforce by 600. The move is in line with the company's previously announced strategy to save $100m ...
Tags: General Mills, cereals
According to report, China’s Baosteel announced it preliminary result for its net profit declined 44% to RMB5.781 billion in 2013 compared to a year earlier. The profit down may come from the sale of stainless and special steel ...
Tags: Baosteel, net profit, decline, profit down
It’s reported that the world's second largest steel group, China's Hebei Iron and Steel reported its first nine months net profit in 2013 dropped by 68.17% year on year. The company said the main attributes are the sluggish steel ...
Tags: metallurgy, steel
In its financial results according to international financial reporting standards (IFRS) for the third quarter of the current year, Russian pipemaker TMK saw its net profit decrease by 13 percent quarter on quarter to $35 million. In the ...
Hubei Province-based Chinese steelmaker Daye Special Steel Co. has announced that in the first nine months this year its net profit totaled RMB 167 million ($27.3 million), down 19.1 percent year on year. In the July-September quarter of ...
Tags: Daye Special Steel, Mineral
According to report, China's largest stainless steelmaker, Shanxi Taigang Stainless Steel, reported its third-quarter net profits dropped by 64.6% year-on-year to RMB 112.1 million. Its revenue rose 4.9% to RMB 28.6 billion in the third ...
Four major Chinese LED manufacturers have recently announced their projected earnings for 3Q13. This article gives a general overview of Xiamen Changelight Co. (Changelight), Ledman Optoelectronics (Ledman), Honglitronic, and Shenzhen ...
Tags: LED Companies, LED Lighting
Apple's October launch for the new version to the iPad Mini is in jeopardy, as the high-resolution Retina displays for the device are not ready. The Cupertino, California-based firm's supply chain is starting production now on the ...
Tags: iPad Mini, Retina Displays
Morrisons' boss Dalton Philips said the supermarket's growth would come from expansion of its convenience and online businesses, in a statement accompanying the retailer's half-year results posted today (September 12). Morrisons' strategy ...
Tags: Agriculture, Food
Apple has revealed the date for the launch of its newest iPhone model as September 10th in an invite sent to members of the press. An invitation, emblazoned with the message "This should brighten everyone's day" features Apple's logo, ...
Tags: Apple, Computer Products
In its financial results according to international financial reporting standards (IFRS) for the second quarter of the current year, Russian pipemaker TMK saw its net profit decrease by 53 percent compared to the first quarter this year to ...
Tags: Net Profit, Mineral
Australian iron ore giant Rio Tinto has announced its financial results for the first half of 2013, registering decreased earnings amid lower average market prices and a higher effective tax rate. However, the decrease in the company's ...
Tags: Net Profit, Rio Tinto
Indian state-owned miner National Mineral Development Corporation (NMDC) has announced its financial results for the first quarter ended on June 30 of the financial year 2013-14. In the first quarter, NMDC's net profit decreased by 17.5 ...
Tags: miner, net profit
Cooper Tire & Rubber Co. posted net income of $35 million on net sales of $884 million for its second quarter ended June 30, 2013. That compares to net income of $52 million on net sales of $1 billion for the same period last year. ...
Tags: Cooper Tire, Auto Parts