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Systemair AB Acquires Sales Company Menerga GMBH In Austria

2:00am EDT

Systemair AB announced that it has signed an agreement to acquire Menerga GmbH in Austria who are a Menerga distributor.

NIPPON FILCON CO LTD Raises Consolidated Full-year Forecast for FY 2013

2:00am EDT

NIPPON FILCON CO LTD announced that it has raised the consolidated full-year forecast for revenue from JPY 21,600 million to JPY 23,000 million, operating profit from JPY 600 million to JPY 650 million, ordinary profit from JPY 700 million to JPY 950 million, net profit from JPY 500 million to JPY 550 million and earning per share from JPY 22.59 to JPY 24.85 for the fiscal year ending November 30, 2013. The Company raised the consolidated full-year forecast due to favorable overseas performance and decreasing value of yen.

Henan Ancai Hi-Tech Co Ltd Receives Subsidy

Monday, 1 Jul 2013 08:00pm EDT

Henan Ancai Hi-Tech Co Ltd announced that it has received a subsidy of RMB 10 million as technology innovation funds from Financial Bureau and Economic Development Bureau of Anyang High-tech Industry Development Zone on June 28, 2013.

Changshu Tianyin Electromechanical Co Ltd Announces FY 2013 H1 Net Profit Outlook

Monday, 1 Jul 2013 08:00pm EDT

Changshu Tianyin Electromechanical Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2013 to be RMB 52,025,200 to RMB 56,027,200, or to increase by 30% to 40%, compared to the net profit of the same period in FY 2012 (RMB 40,019,400). The Company cited the steady gross profit for products with independent intellectual property rights and increase in orders for main products as the main reasons for the forecast.

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