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Guangzhou Devotion Thermal Technology sees 2017 Q1 to Q3 net profit to increase by 80 pct to 100 pct

Friday, 13 Oct 2017 04:21am EDT

Oct 13(Reuters) - Guangzhou Devotion Thermal Technology Co Ltd <300335.SZ> ::Says net profit for 2017 Q1 to Q3 to increase by 80 percent to 100 percent, or to be 160.2 million yuan to 178 million yuan, compared to net profit of 2016 Q1 to Q3 (89 million yuan).Says impact of heat policy and increased sales revenue as main reason for the forecast.

Thai Agro Energy updates on factory situation reported on Oct 10

Tuesday, 10 Oct 2017 10:35pm EDT

Oct 11 (Reuters) - Thai Agro Energy Pcl :Received command of the ministry of industry to suspend factory production temporarily on Oct 4‍​.At present, co has no ethanol in stock for selling because entire ethanol was delivered to customers‍​.Estimating the impact of the incident on fourth quarter results.

Samuel Dubruque becomes new CFO of Global Bioenergies

Tuesday, 3 Oct 2017 11:37am EDT

Oct 3 (Reuters) - Global Bioenergies SA ::SAMUEL DUBRUQUE BECOMES CHIEF FINANCIAL OFFICER.SAMUEL DUBRUQUE TAKES OVER AS GROUP'S CFO FROM FRANÇOIS-HENRI REYNAUD, WHO WILL LEAVE COMPANY AT END OF OCTOBER.

Magnegas executes Letter of Intent to acquire Louisiana & Texas industrial gas distributor

Tuesday, 3 Oct 2017 07:00am EDT

Oct 3 (Reuters) - Magnegas Corp : :Magnegas executes Letter of Intent to acquire Louisiana & Texas industrial gas distributor that generates over $1.6 million of annualized revenue.Magnegas Corp - ‍deal inculde upfront cash consideration for transaction is $2 million, plus an additional $1 million in Magnegas common stock​.Magnegas Corp - co see this as highly accretive transaction that will impact top line growth and bottom line profitability in 2018 and beyond.

Global Bioenergies H1 operating loss widens to 7.4 million euros

Monday, 2 Oct 2017 11:37am EDT

Oct 2 (Reuters) - GLOBAL BIOENERGIES SA ::H1 NET LOSS EUR 7.8 MILLION VERSUS LOSS OF EUR 6.7 MILLION YEAR AGO.H1 OPERATING LOSS EUR 7.4 MILLION VERSUS LOSS OF EUR 6.4 MILLION YEAR AGO.H1 OPERATING INCOME EUR 1.2 MILLION VERSUS EUR 767,000 YEAR AGO.

Lereno Bio-Chem says terminated sale & purchase agreement with Kenyalang Property Development

Friday, 29 Sep 2017 05:30am EDT

Sept 29 (Reuters) - Lereno Bio-chem Ltd :Termination Of Sale And Purchase Agreement With Kenyalang Property Development Sdn Bhd.Termination of SPA not expected have any material effect on co's performance for FY ending 31 March 2018.

Deinove H1 operating loss widens to 4.8 million euros

Thursday, 28 Sep 2017 12:31pm EDT

Sept 28 (Reuters) - DEINOVE SA ::HALF-YEAR NET LOSS OF DEINOVE GROUP (COMPOSED OF DEINOVE AND DEINOBIOTICS) STANDS AT -EUR 3.3M.CASH POSITION: +EUR 6.6M AT JUNE 30, 2017 COMPARED TO +EUR 9.3M AT DECEMBER 31, 2016..H1 TOTAL OPERATING REVENUES EUR 140,000 VERSUS EUR 208,000 YEAR AGO.H1 OPERATING LOSS EUR 4.8 MILLION VERSUS LOSS OF EUR 4.2 MILLION YEAR AGO.CAROTENOIDS PROGRAM ENTERS PHASE 2 OF INDUSTRIALIZATION PROCESS.DEINOVE ASSISTED BY PROCESSIUM TO DEFINE AND IMPLEMENT INDUSTRIAL PRODUCTION PROCESS WITH VIEW TO MARKET FIRST BATCHES IN 2018.COLOR2B PROJECT: ON BASIS OF EFFICACY TESTS, ONE OR TWO STRAINS MAY BE SELECTED IN EARLY 2018 FOR INDUSTRIALIZATION STEP.

MagneGas executes letter of intent to acquire San Diego industrial gas distributor that generates over $1 million of annualized revenue

Wednesday, 27 Sep 2017 07:00am EDT

Sept 27 (Reuters) - MagneGas Corp :MagneGas executes letter of intent to acquire San Diego industrial gas distributor that generates over $1 million of annualized revenue.MagneGas Corp - ‍upfront cash consideration for transaction is $750,000​.MagneGas Corp - ‍acquisition would represent a 28% increase in MagneGas revenues compared to company's 2016 revenues​.

Verbio Vereinigte Bioenergie FY ‍EBITDA up by 26 pct at 92 mln euros

Wednesday, 27 Sep 2017 02:00am EDT

Sept 27 (Reuters) - VERBIO VEREINIGTE BIOENERGIE AG :DGAP-NEWS: VERBIO VEREINIGTE BIOENERGIE AG: RECORD PRODUCTION AND RECORD RESULTS FOR THE FINANCIAL YEAR 2016/2017; OUTLOOK FOR THE FINANCIAL YEAR 2017/2018 CAUTIOUSLY POSITIVE.FY ‍EBITDA INCREASED BY 26 PERCENT TO EUR 92 MILLION COMPARED TO SAME​.‍SALES REVENUE IN FINANCIAL YEAR 2016/2017 TO EUR 726.4 MILLION, AN INCREASE OF 10 PERCENT​.FY NET PROFIT OF EUR 51.8 MILLION VERSUS EUR 48.9 MILLION YEAR AGO.TO PROPOSE DIVIDEND OF 0.20 EUROS PER SHARE.‍EXPECTS TO ACHIEVE AN EBITDA FOR FINANCIAL YEAR 2017/2018 OF AROUND EUR 50 MILLION​.

Magnegas announces LOI for $1.9 million gasification unit

Tuesday, 26 Sep 2017 07:15am EDT

Sept 26 (Reuters) - Magnegas Corp :Magnegas announces LOI for $1.9 million gasification unit.Magnegas Corp - ‍Co also announced it plans to form a joint venture, in which it will hold a 40% minority stake​.Magnegas Corp - ‍European partnership is expected to begin commercial operations in Q4 of 2017 using leased gasification unit in Florida​.Magnegas Corp - ‍Minority stake will include commitment from European partner to purchase multiple gasification units from Magnegas in near term​.

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