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Tianshui Huatian Technology sees H1 2017 net profit up 20-50 pct

5:32am EDT

April 27 (Reuters) - Tianshui Huatian Technology Co Ltd <002185.SZ>: :* Sees net profit for H1 2017 to increase by 20 percent to 50 percent, or to be 216.0 million yuan to 270.0 million yuan, compared to net profit of the same period in 2016 (180.0 million yuan).* Comments that increased sales of integrated circuit business is the main reason for the forecast.

Suzhou Good-Ark Electronics sees H1 FY 2017 net profit down 40 pct to up 10 pct

1:28am EDT

April 27(Reuters) - Suzhou Good-Ark Electronics Co Ltd <002079.SZ>:Sees H1 FY 2017 net profit to decrease by 40 percent to increase by 10 percent, or to be 31 million yuan to 56.8 million yuan.Says H1 FY 2016 net profit was 51.6 million yuan.Says growth of main business and investment income in 2016 H1 as main reasons for the forecast.

Cirtek Holdings Philippines clarifies on news article entitled “Electronics Firm Eyes 25% Growth Amid Expansion”

Tuesday, 25 Apr 2017 10:54pm EDT

April 26 (Reuters) - Cirtek Holdings Philippines Corp :Refers to news article entitled “Electronics Firm Eyes 25% Growth Amid Expansion” in Malaya Business Insight.Says headline and first sentence of article not accurate, based on announcement of the co's 2016 results and 2017 outlook.For 2017, co expects consolidated revenues from its current businesses to exceed US$100 million.

Hagiwara Electric says transition to holding company structure

Monday, 24 Apr 2017 04:12am EDT

April 24 (Reuters) - Hagiwara Electric Co Ltd <7467.T>:* Says it will restructure the company into a holding company, effective April 1, 2018.* Says it will set up two split preparatory companies based in Aichi-ken on May 1.

Soitec Q4 revenue up at 70.5 million euros

Wednesday, 19 Apr 2017 11:55am EDT

April 19 (Reuters) - Soitec SA ::Q4 revenue 70.5 million euros ($75.4 million) versus 65.4 million euros year ago.FY revenue 245.7 million euros versus 233.2 million euros year ago.For FY 2016-17 expects at least 16.5 percent EBITDA margin of Electronics division.For Q1 2017-2018, expects revenue growth of at least 20 percent at constant exchange rates in comparison to Q1 of FY 2016-2017.

Park Electrochemical to consolidate U.S. electronic materials business units

Tuesday, 18 Apr 2017 01:15pm EDT

April 18 (Reuters) - Park Electrochemical Corp ::Park Electrochemical Corp announces consolidation of its U.S. electronic materials business units.Consolidation is expected to take approximately four to six months to complete.Expects to incur a pre-tax charge in connection with consolidation of approximately $5 million to $5.5 million.Charge is expected to be incurred primarily during first nine months of Park's current fiscal year ended February 25, 2018.When consolidation is completed, all manufacturing operations at NPI will cease, except for NPI treating operation.Once consolidation is complete, Park expects ongoing pre-tax benefit from consolidation of about $3 million to $3.5 million per year.

Suzhou Good-Ark Electronics sees Q1 2017 net profit up 20-50 pct

Monday, 17 Apr 2017 05:14am EDT

April 17 (Reuters) - Suzhou Good-Ark Electronics Co Ltd <002079.SZ>: :* Sees net profit for Q1 2017 to increase by 20 percent to 50 percent, or to be 15.8 million yuan to 19.8 million yuan, compared to net profit of the same period in 2016 (13.2 million yuan).* Comments that increased sales of main business is the main reason for the forecast.

Schweizer Electronic: strategic partner WUS increases stake in Schweizer

Thursday, 13 Apr 2017 08:34am EDT

Schweizer Electronic AG : Strategic partner WUS increases stake into Schweizer . WUS Printed Circuit (Kunshan) Co., Ltd. acquired 15.24% and now holds 19.74% of Schweizer's shares, wus printed circuit co., ltd, Taiwan acquired 10.16 % .Equity stake was purchased from share pool of Gerhard Schweizer family line.

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