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Industrial Machinery & Equipment

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Rajoo Engineers Dec qtr profit more than halves

Friday, 20 Jan 2017 04:29am EST

Rajoo Engineers Ltd : Dec quarter net profit 5.1 mln rupees versus profit 12.8 million rupees year ago .Dec quarter net sales 161.4 million rupees versus 217.5 million rupees year ago.

Forbes & Company Ltd posts Dec-qtr profit

Friday, 20 Jan 2017 04:19am EST

Forbes & Company Ltd : Dec quarter net profit 104 million rupees versus loss 55.9 million rupees year ago .Dec quarter total income from operations 453.8 million rupees versus 732 million rupees year ago.

Jenoptik acquires British software company

Friday, 20 Jan 2017 04:00am EST

Jenoptik AG : Acquires british software company . Acquisition of Essa Technology extends the Group’s expertise in software for traffic enforcement and public safety & security . Parties agreed no to disclose purchase price Further company coverage: [JENG.DE] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).

STO Express sees 2016 net profit up 61.9-63.6 pct

Friday, 20 Jan 2017 03:35am EST

STO Express Co Ltd <002468.SZ> :Says it sees 2016 net profit up 61.9-63.6 percent from 764.8 million yuan ($111.27 million) a year ago.

Xi'an Qiyuan Mechanical and Electrical Equipment plans name change to Cecep Environmental Protection Equipment Co Ltd

Friday, 20 Jan 2017 03:32am EST

Xi'an Qiyuan Mechanical and Electrical Equipment Co Ltd <300140.SZ> :Says it plans to change its name to Cecep Environmental Protection Equipment Co Ltd.

Xi'an Qiyuan Mechanical and Electrical Equipment to set up mechanical and electrical equipment unit, using 50 mln yuan

Friday, 20 Jan 2017 03:32am EST

Xi'an Qiyuan Mechanical and Electrical Equipment Co Ltd <300140.SZ> :Says it plans to set up a wholly owned mechanical and electrical equipment unit in Xi'an, using 50 mln yuan.

Surplus Global says initial public offering

Friday, 20 Jan 2017 03:17am EST

Surplus Global Inc <140070.KQ> : Says it will issue 4.4 million shares through initial public offering, with offering price of 8,000 won/share, for proceeds of 35.20 billion won .Says it will list under symbol of "140070" on Korea Securities Dealers Automated Quotations Stock Market.

SFS Group strengthens its operations in Switzerland

Friday, 20 Jan 2017 01:13am EST

SFS Group AG : Is investing approximately 36 million Swiss francs ($35.83 million) through mid-2018 to increase capacity and productivity at major sites in Switzerland .Logistics infrastructure is being modernized and heat-treating capacity is being expanded.

Guangdong SACA Precision Manufacturing sees FY2016 net profit to up by 15 pct to 25 pct

Thursday, 19 Jan 2017 11:22pm EST

Guangdong SACA Precision Manufacturing Co Ltd <300464.SZ> : Sees net profit for FY2016 to increase by 15 percent to 25 percent, or to be 41.1 million yuan to 45 million yuan, compared to net profit of FY2015 (36 million yuan) .Says improved performance of co and unit as main reason for the forecast.

IntriCon exercises option to acquire remaining stake in Hearing Help Express

Thursday, 19 Jan 2017 04:15pm EST

IntriCon Corp - : IntriCon exercises option to acquire remaining stake in hearing help express . Intricon exercises option to acquire remaining stake in Hearing Help Express .Terms of transaction include $650,000 in cash, guaranty of HHE's $2 million note and an earn-out.

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