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Shenzhen Jinxinnong Technology to dissolve wholly owned finance leasing unit

Monday, 18 Sep 2017 05:48am EDT

Sept 18(Reuters) - Shenzhen Jinxinnong Technology Co Ltd <002548.SZ> ::* Says it plans to dissolve its Fujian-based wholly owned finance leasing unit.

Graincorp to simplify its business structure

Thursday, 31 Aug 2017 12:07am EDT

Aug 31 (Reuters) - Graincorp Ltd ::Simplifying its business structure through creation of a single grains business unit from existing storage & logistics and marketing businesses.Will continue to report storage & logistics and marketing separately for its FY17 result.There would be no change or disruption to Graincorp's preparations or roles critical for coming harvest.Klaus Pamminger has agreed to take responsibility for running combined business unit, and will be appointed group general manager, grains.Group general manager, storage & logistics, Neil Johns will leave Graincorp.

Kuala Lumpur Kepong Bhd posts qtrly net profit of 112.8 mln RGT

Tuesday, 15 Aug 2017 05:11am EDT

Aug 15 (Reuters) - Kuala Lumpur Kepong Bhd :Qtrly net profit 112.8 million RGT.Qtrly revenue 4.87 billion RGT.Year ago qtrly revenue 3.92 billion RGT, year ago qtrly net profit 253.4 million RGT.Expect a higher plantations profit for the current financial year.Oleochemical division will report a lower profit for the current financial year.The group expects a satisfactory profit for financial year 2017.

Shanghai Xuerong Bio-Technology to write off bio-tech unit

Monday, 14 Aug 2017 10:03pm EDT

Aug 15 (Reuters) - Shanghai Xuerong Bio-Technology Co Ltd <300511.SZ> ::* Says it plans to write off and liquidate its Xi'an-based bio-tech unit .

Australian Dairy Farms Group clarifyies media articles

Tuesday, 18 Jul 2017 08:15pm EDT

July 19 (Reuters) - Australian Dairy Farms Group :Clarifyies on camperdown dairy company and camperdown powder and camperdown dairy international confusion.Media articles have been published regarding transactions by or with cos named Camperdown Powder and Camperdown Dairy International.Confirms that unit Camperdown Dairy Company & jointly owned Camperdown Cheese & Butter Factory are solvent and growing steadily.Neither of companies has any business or shareholding relationship with AHF or its unit Camperdown Dairy Company.

Hainan Shennong Gene Technology sees FY 2017 H1 net profit to increase by 5.8 pct to 34.6 pct

Friday, 14 Jul 2017 12:57am EDT

July 14(Reuters) - Hainan Shennong Gene Technology Co Ltd <300189.SZ> ::* Says net profit for FY 2017 H1 to increase by 5.8 percent to 34.6 percent, or to be 5.5 million yuan to 7 million yuan, compared to net profit of FY 2016 H1 (5.2 million yuan).* Says increased revenue of main business as main reason for the forecast.

Innovation Medical Management lowers H1 2017 net profit outlook to be 47-60 mln yuan

Thursday, 13 Jul 2017 04:11am EDT

July 13 (Reuters) - Innovation Medical Management Co Ltd <002173.SZ>: :* Sees net profit for H1 2017 to be 47 million yuan to 60 million yuan, compared to net profit of the same period in 2016 (56.9 million yuan).* In the previous outlook, the company expected the net profit for H1 2017 to be 62 million yuan to 72 million yuan.* Comments that decreased sales of pearl culture business is the main reason for the forecast .

Shenzhen Jinxinnong Technology lowers H1 2017 net profit outlook

Thursday, 13 Jul 2017 04:05am EDT

July 13 (Reuters) - Shenzhen Jinxinnong Technology Co Ltd <002548.SZ>: :* Sees net profit for H1 2017 to decrease by 20 pct to 30 pct, or to be 58.0 million yuan to 66.2 million yuan, compared to net profit of the same period in 2016 (82.8 million yuan).* In the previous outlook, the company expected the net profit for H1 2017 to be 74.5 million yuan to 107.6 million yuan.* Comments that decreased sales of breeding business, as well as increased financing and administration expenses are the main reasons for the forecast .

Thailand's Charoen Pokphand Foods targets 8-10 pct sales growth this year

Monday, 19 Jun 2017 01:22am EDT

June 19 (Reuters) - Charoen Pokphand Foods Pcl , Thailand's largest meat and feed producer, says::Targets sales growth of 8-10 percent this year.Expects overseas business sales to increase to 70 percent of total sales over next five yrs from 64 percent currently.Growth mainly comes from overseas operations with a high opportunity for expansion .

Limoneira reports Q2 EPS $0.24

Thursday, 8 Jun 2017 04:05pm EDT

June 8 (Reuters) - Limoneira Co :Q2 earnings per share $0.24.Q2 revenue rose 35 percent to $37 million.Sees Q2 2017 earnings per share $0.51 to $0.55.Company raises fiscal year 2017 earnings guidance range.Fiscal year 2017 ebitda is expected to be in range of $21.7 million to $22.2 million.Expects operating income for fiscal year 2017 to be in a range of approximately $14.7 million to $15.2 million.Sees FY 2017 earnings per share $0.51 to $0.55.Continues to expect to sell between 3.1 million and 3.5 million cartons of fresh lemons at average price per carton of approximately $23.00 in FY 2017.Company expects to sell approximately 6.0 million to 6.5 million pounds of avocados at an average price per pound of $1.50 in FY 2017.

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