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Sinomach Automobile's preliminary 2016 net profit up 25.7 pct

4:15am EST

Sinomach Automobile Co Ltd <600335.SS> :Says prelim 2016 net profit up 25.7 percent y/y at 604.0 million yuan ($87.98 million).

Halfords holds profit expectation after Christmas sales rise

2:14am EST

Halfords Group : Group revenue +11.4%, with retail LFL +7.0% and Autocentres LFL -0.6% . Q3 strong LFL service-related sales growth of +13.7% and group online sales LFL of +16.3% . There is no change to our expectation of group profit before tax for current financial year, which is in line with market consensus . Board has approved a special dividend of 10 pence per share, totalling approximately £20m .Very pleased with strong sales performance across our business in important Q3 of year.

Hotai Motor says Hozan Investment to acquire stake in Zurich Insurance (Taiwan)

Tuesday, 17 Jan 2017 02:12am EST

Hotai Motor Co Ltd <2207.TW> : Says Hozan Investment Co Ltd acquires 99.73 percent outstanding common shares of Zurich Insurance (Taiwan) Ltd .Says transaction amount at T$6.8 billion ($215.67 million).

Shanghai Shenhua Holdings receives administrative order

Wednesday, 11 Jan 2017 03:16am EST

Shanghai Shenhua Holdings Co., Ltd.<600653.SS>:Says it received an administrative order from Shanghai Regulatory Bureau of China Securities Regulatory Commission regarding information disclosure.

Voxx International Corp Q3 sales rose 3.3 percent to $198.9 mln

Monday, 9 Jan 2017 04:15pm EST

Voxx International Corp : Voxx International Corporation reports its fiscal 2017 third quarter and nine-month financial results . Q3 sales rose 3.3 percent to $198.9 million . Q3 earnings per share $0.24 .Voxx International Corp - sales through first nine-months are up modestly and we expect to show year-over-year improvements in our fiscal Q4 as well.

Tan Chong International expects unrealised loss of HK$78 mln for FY ended Dec 31, 2016

Monday, 9 Jan 2017 03:58am EST

Tan Chong International Ltd <0693.HK> : Expected to record unaudited unrealised loss on investments designated as at fair value through other comprehensive income for 2016 . Expected unrealised loss amounts to HK$78 million for fy ended dec 31, 2016 .Loss is due to share price changes of listed investments, which are marked to market and therefore unrealised.

DCH Holdings announces retirement of CEO

Tuesday, 3 Jan 2017 03:45am EST

DCH Holdings <1828.HK> : Lai Ni Hium, an executive director and deputy chief executive officer, will be appointed as chief executive officer .Yip Moon Tong will retire as executive director and chief executive officer.

Monro Muffler Brake appoints Brian J. D'ambrosia as CFO

Monday, 2 Jan 2017 07:30am EST

Monro Muffler Brake Inc : Brian J. D’Ambrosia appointed chief financial officer of Monro Muffler Brake, Inc. Effective January 1, 2017 . Monro Muffler Brake Inc says D'ambrosia succeeds Catherine D'amico as CFO .Monro Muffler Brake Inc says Catherine D'amico will remain with company as director of special projects at least through August 2018.

New Focus Auto Tech Holdings says unit entered into equity transfer agreement

Wednesday, 28 Dec 2016 04:55am EST

New Focus Auto Tech Holdings <0360.HK>: Deal for consideration of rmb20 million to be satisfied in cash . NFLP, unit which directly owns target interest, entered into equity transfer agreement with with purchaser .A gain of approximately rmb7.9 million was expected to accrue to group as result of disposal.

Shanghai Shenhua to sell stake in Chengdu real estate firm for 395 mln yuan

Wednesday, 28 Dec 2016 02:33am EST

Shanghai Shenhua Holdings CO Ltd <600653.SS> :Says it signs agreement to sell 25 percent stake in Chengdu-based real estate firm for 395 million yuan ($56.80 million).


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