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Huasu Holdings sees Q1 FY 2017 net loss to be 3 mln yuan to 5 mln yuan

Thursday, 13 Apr 2017 01:27am EDT

Huasu Holdings Co Ltd <000509.SZ> : Sees Q1 FY 2017 net loss to be 3 million yuan to 5 million yuan . Says Q1 FY 2016 net loss was 8.7 million yuan .The reasons for the forecast are decreased income of garden business and small scale of trading business.

Arcplus Group takes over three Shanghai-based sub-subsidiaries

Sunday, 9 Apr 2017 10:57pm EDT

Arcplus Group PLC <600629.SS> :Says it took over three Shanghai-based wholly owned sub-subsidiaries, including an investment unit, an architectural design unit and an architectural design institute unit.

Taiyuan Lionhead Cement to dissolve three branches

Sunday, 9 Apr 2017 10:23pm EDT

Taiyuan Lionhead Cement Co Ltd <600539.SS> :Says it will dissolve three Taiyuan and Shuozhou branches whose main business is cement market expansion.

Jiangsu Xiuqiang Glasswork sees Q1 FY 2017 net profit up 65 pct to 93 pct

Monday, 3 Apr 2017 04:39am EDT

Jiangsu Xiuqiang Glasswork Co Ltd <300160.SZ> : Sees Q1 FY 2017 net profit to increase by 65 percent to 93 percent, or to be 60 million yuan to 70 million yuan . Says Q1 FY 2016 net profit was 36.3 million yuan .The reasons for the forecast are improvement of glass deep processing business and gains from wholly owned subsidiary.

Youngy sees Q1 FY 2017 net profit to down 44 pct to 86 pct

Friday, 31 Mar 2017 11:05am EDT

Youngy Co Ltd <002192.SZ> : Sees net profit for Q1 FY 2017 to decrease by 44 percent to 86 percent, compared to net profit of Q1 FY 2016 (720,300 yuan) .Says no revenue from lithium mining business and increased cost in lithium electricity equipment business as main reasons for the forecast.

Ruitai Materials Technology to merge with silica bricks unit

Monday, 27 Mar 2017 05:50am EDT

Ruitai Materials Technology Co Ltd <002066.SZ> : Says it will merge with its wholly owned silica bricks unit based in Xiangtan .Says the unit to be dissolved after merger.

Cimpor FY net loss widens to 787.6 mln euros

Wednesday, 15 Mar 2017 02:35am EDT

Cimpor Cimentos de Portugal SGPS SA : Reported on Tuesday FY sales 1.84 billion euros ($1.95 billion) versus 2.49 billion euros year ago . FY EBITDA 352.6 million euros versus 525.7 million euros year ago . FY net loss 787.6 million euros versus loss 71.2 million euros year ago . FY net result was strongly influenced by impairments in goodwill . Net debt 3.38 billion euros at end-Dec. 2016, 10 percent above the closing amount for 2015, penalised by the business contraction and effect of exchange fluctuations . For 2017, Cimpor forecasts a slight increase in the generation of EBITDA, due to the progress in the operations in Argentina and the recovery of Portugal, trading activity and South Africa .The board will propose to the shareholders transfer of the negative net result for 2016 to retained earnings.

40 North Management's David Winter reports 9 pct stake in GCP Applied Technologies Inc

Monday, 13 Mar 2017 07:15pm EDT

: 40 North Management Llc reports 6.5 percent stake in GCP Applied Technologies Inc as of march 2 - sec filing . 40 North Management Llc says acquired the shares of GCP in the belief that the shares are undervalued . 40 North Management Llc says may have talks with directors of GCP, its stockholders in connection with it's investment in GCP . 40 North Management Llc says potential talks with GCP may include governance, board composition, management, business, financial condition, strategic plans of GCP . 40 North Management Llc says may seek to explore increasing ownership in GCP, including, open market purchases/acquisition of shares from other stockholders . 40 North Management Llc's David Winter reports a 9 percent stake in GCP Applied Technologies Inc as of march 2 .Standard Industries Inc reports 2.5 percent stake in GCP Applied Technologies Inc.

INTERVIEW-Grafton sees minimal Brexit hit on "sustainable" Irish market

Tuesday, 7 Mar 2017 02:56am EST

Grafton Group Plc : Recovery in Ireland very well set, can't see Brexit having significant impact on Irish construction . Seeing gradual, sustainable recovery in Irish housing market, needs several years to reach 30k annual builds . Has made some changes in Belgian business, can be sustainably profitable in medium term . Sees opportunities for consolidation, acquisition and greenfield openings in the Netherlands . More acquisition activity in Dutch market very likely in short term, other geographies in medium term Further company coverage: [GFTU_u.L] (Reporting By Padraic Halpin) ((Padraic.Halpin@thomsonreuters.com;)).

China National Building Material updates on proposed reorganisation involving controlling shareholder

Monday, 27 Feb 2017 05:29am EST

China National Building Material Co Ltd <3323.HK>: Notice states that after review, it is decided that acquisition of equity interest in sinoma group by parent not prohibited . Notice states that after review, acquisition of equity interest in sinoma group by parent can be implemented from date of notice onwards .Update on proposed reorganisation involving controlling shareholder.

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