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USG reports Q1 EPS $0.37

Thursday, 27 Apr 2017 08:00am EDT

April 27 (Reuters) - Usg Corp :USG Corp reports first quarter 2017 results.Q1 sales $767 million versus $747 million.Q1 adjusted earnings per share $0.37.Q1 earnings per share $0.37.Q1 earnings per share view $0.45, revenue view $751.1 million -- Thomson Reuters I/B/E/S.Qtrly operating profit on an adjusted basis for corporation's Gypsum segment , of $91 million in Gypsum segment decreased by $15 million.Qtrly ceilings segment earned $23 million of operating profit in Q1 of 2017 compared to $28 million.USG boral business generated $13 million of equity income in Q1 of 2017, an increase of $6 million from Q1 of 2016.

Xinjiang Guotong Pipeline sees H1 FY 2017 net loss to be 0-9.5 mln yuan

Wednesday, 26 Apr 2017 05:51am EDT

April 26 (Reuters) - Xinjiang Guotong Pipeline Co Ltd <002205.SZ> ::* Sees H1 FY 2017 net loss to be 0 million yuan to 9.5 million yuan.* Says H1 FY 2016 net loss was 15 million yuan.* Says change of business structure as main reason for the forecast.

Xinjiang Guotong Pipeline two subsidiaries to merge with sub-subsidiaries

Tuesday, 25 Apr 2017 04:32am EDT

April 25(Reuters) - Xinjiang Guotong Pipeline Co Ltd <002205.SZ> ::* Says its Tianjin-based wholly owned pipe subsidiary will merge with wholly owned stainless steel unit and electric appliances unit .* Its controlling unit Guangdong-based pipe subsidiary will merge with wholly owned trading unit .* The two pipe subsidiaries will survive and the sub-subsidiaries will be dissolved after merger .

Ultratech Cement March-qtr consol profit falls about 11 pct

Monday, 24 Apr 2017 04:16am EDT

April 24 (Reuters) - Ultratech Cement Ltd :March quarter consol net profit 7.26 billion rupees.Consensus forecast for March quarter consol net profit was 5.93 billion rupees.March quarter consol total income 81.65 billion rupees.Consol net profit in march quarter last year was 8.18 billion rupees as per Ind-AS; consol total income was 78.41 billion rupees.Says recommended dividend of INR 10/share.Says work on setting up the 3.5 MTPA integrated cement plant at Dhar is on track.Says commercial production at Dhar plant expected to commence from Q4FY19.

ACC march quarter consol profit down about 9 pct

Friday, 21 Apr 2017 06:53am EDT

April 21 (Reuters) - ACC Ltd :March quarter consol net profit 2.11 billion rupees.Consensus forecast for march quarter consol net profit was 1.62 billion rupees.March quarter consol total revenue from operations 36.31 billion rupees.Consol net profit in march quarter last year was 2.32 billion rupees as per Ind-AS; consol total revenue from operations was 33.23 billion rupees.Says continue to build specialized building products segment while investing in new capacity at jamul plant.Says cement volumes during q1 showed growth of 4 percent as impact of demonetisation fell.

Dolomite Corp's unit defaults in repayments of credit facilities

Friday, 21 Apr 2017 06:00am EDT

April 21 (Reuters) - Dolomite Corp Bhd :Unit defaulted in instalment repayments of principal sums of about 30 million rgt in respect of credit facilities granted by a financial institution.Despite defaulting in repayment of credit facility, group is able to continue with its existing business with current resources.Board is of opinion that company will be able to pay all its debts as and when they fall due within period of 12 months.

Hainan Ruize New Building Material sees H1 2017 net profit to be 55-65 mln yuan

Friday, 21 Apr 2017 04:28am EDT

April 21 (Reuters) - Hainan Ruize New Building Material Co Ltd <002596.SZ>: :* Sees net profit for H1 2017 to be 55 million yuan to 65 million yuan, compared to net loss of the same period in 2016 (7.4 million yuan).* Comments that increased sales of landscaping and cement business, as well as increased investment income are the main reasons for the forecast.

Guangdong Tapai Group sees H1 2017 net profit up 180-230 pct

Friday, 21 Apr 2017 03:32am EDT

April 21 (Reuters) - Guangdong Tapai Group Co Ltd <002233.SZ>: :* Sees net profit for H1 2017 to increase by 180 percent to 230 percent, or to be 308.3 million yuan to 363.4 million yuan, compared to net profit of the same period in 2016 (110.1 million yuan).* Comments that increased sales of cement business is the main reason for the forecast.

LSF9 Concrete II to place 70 mln Forterra shares- bookrunner

Thursday, 20 Apr 2017 11:59am EDT

April 20 (Reuters) - Bookrunner::Forterra plc : Bookrunner says lsf9 concrete ii ltd intends to sell approximately 70 million ordinary shares in company of one penny each.Forterra plc : Bookrunner says placing shares represent approximately 35% of company's issued share capital and about 66% of seller's current holding.Forterra plc : Bookrunner says placing shares are being offered by way of an accelerated bookbuild.Forterra plc : Bookrunner says numis securities limited and Peel Hunt llp are acting as joint bookrunners.

Polaris says Q1 sales volumes rose 9 pct to 561,000 tons

Tuesday, 18 Apr 2017 07:30am EDT

April 18 (Reuters) - Polaris Materials Corp ::Polaris announces Q1 2017 sales volumes and provides business update.Sales volumes in Q1 2017 were 561,000 tons, an increase of 9 pct over Q1 2016.Q1 sales volumes included 47,000 tons from long beach terminal.Volumes in quarter were higher at every point of sale aside from ex-quarry.Current sales expectations for Q2 2017 are in range of 600,000 to 800,000 tons.While activity improved from Q1 2016, heavy rains in California meant that pace of business was modestly lower than initial expectation for quarter.Continue to expect full year sales volumes consistent with previous guidance.

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