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Appliances, Tools & Housewares

Ningbo Xinhai Electric sees 2016 net profit up 55 pct to 85 pct

Ningbo Xinhai Electric Co Ltd : Sees net profit for 2016 to increase by 55 percent to 85 percent, or to be 77.2 million yuan to 92.2 million yuan . Says the net profit of 2015 was 49.8 million yuan .Comments that the acquisition of equity in a medical supplies company is the main reason for the...

Monday, 31 Oct 2016 01:12am EDT

Midea's Q3 net profit up 23 pct, plans commercial paper, medium-term notes

Midea Group Co Ltd : Says its Q3 net profit up 23.2 percent y/y at 3.3 billion yuan ($487.52 million) .Says it plans commercial paper of up to 10 billion yuan ($1.48 billion), medium-term notes of up to 20 billion yuan.

Monday, 31 Oct 2016 12:52am EDT

Newell Brands CEO says co plans to begin acquiring brands in core units later in 2017

Newell Brands Inc : Newell Brands CEO - hopeful co finalizes divestitures by end of year or early 2017, so co can begin to acquire brands in core categories later in 2017 Further company coverage: [NWL.N] ((Bangalore.newsroom@thomsonreuters.com;)).

Friday, 28 Oct 2016 11:40am EDT


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