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DDS Inc lowers consolidated full-year outlook for FY 2014

Tuesday, 15 Jul 2014 06:20am EDT

DDS Inc:Says the company lowered the consolidated full-year outlook for revenue to 887 million yen from 948 million yen for FY ending Dec. 2014.Sees a decrease of operating profit forecast to a loss of 69 million yen from45 million yen.Sees a decrease of ordinary profit forecast to a loss of 92 million yen from 33 million yen.Sees a decrease of net profit forecast to a loss of 17 million yen from 169 million yen.Comments the sales decrease, increased sales and general administrative expenses and patent acquisition expenses and impairment loss are the main reasons for the forecast.

DDS Inc lowers consolidated mid-year outlook for FY 2014

Tuesday, 15 Jul 2014 06:20am EDT

DDS Inc:Says the company lowered the consolidated mid-year outlook for revenue to 316 million yen from 342 million yen for FY ending Dec. 2014.Sees a decrease of operating profit forecast to a loss of 123 million yen from loss of 90 million yen.Sees a decrease of ordinary profit forecast to loss of 137 million yen from a loss of 99 million yen.Sees a decrease of net profit forecast to loss of 60 million yen from 37 million yen.Comments the extension of partial projects, sales and general administrative expenses and impairment loss are the main reasons for the forecast.

LS to acqurie 100 pct stake in Cyprus Investments, Inc.

Tuesday, 15 Jul 2014 04:31am EDT

LS Corp:To acquire 100 pct (335,000 shares) in Cyprus Investments, Inc., which is engaged in sales and manufacturing of electric wire.Transaction price of 165,821,985,000 won.Expected transaction settlement date of July 28.

Ji-Haw Industrial Co Ltd to close down wholly owned subsidiary

Tuesday, 15 Jul 2014 03:26am EDT

Ji-Haw Industrial Co Ltd:Plans to close down a wholly owned subsidiary, named JH-Haw Co.,Ltd.(J.H.B) in 2014.

R&I affirms Ryoden Trading Co Ltd's rating at "BBB+" and announces stable outlook

Tuesday, 15 Jul 2014 02:00am EDT

Ryoden Trading Co Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+".Rating outlook stable.

Shenzhen SED Industry Co Ltd issues 2014 H1 net profit outlook

Monday, 14 Jul 2014 08:00pm EDT

Shenzhen SED Industry Co Ltd:Sees net profit for 2014 H1 to be a loss of 8 million yuan to a loss of 11 million yuan.Says the net profit of 2013 H1 was 19.8379 million yuan.Comments that cost increase is the main reason for the forecast.

Tellhow Sci-Tech Co Ltd to sell subsidiary

Monday, 14 Jul 2014 08:00pm EDT

Tellhow Sci-Tech Co Ltd:To sell 100 pct stake in a Beijing-based solar power technology subsidiary to a related party Beijing Tellhow Intelligent Engineering Co., Ltd.Transaction price is 51,008,400 yuan.

Shenzhen HiFuture Electric Co Ltd lowers H1 2014 net profit outlook

Monday, 14 Jul 2014 08:00pm EDT

Shenzhen HiFuture Electric Co Ltd:Sees net profit for H1 of 2014 to decrease 95 pct to 80 pct, or to be 0.973 million yuan to 3.892 million yuan.In the previous outlook, the company expected the net profit for H1 of 2014 to decrease 30 pct to 0 pct, or to be 13,620,000 yuan to 19,460,000 yuan.Says the net profit of 2013 was 19,460,000 yuan.Comments that electrical products competitive and decreased sales of polyimide materials are the main reasons for the forecast.

Shenzhen Desay Battery Technology Co Ltd issues 2014 H1 net profit outlook

Monday, 14 Jul 2014 08:00pm EDT

Shenzhen Desay Battery Technology Co Ltd:Sees net profit for 2014 H1 to increase 20 pct to 25 pct, or to be 85.56 million yuan to 89.13 million yuan.Says the net profit of 2013 H1 was 71.3 million yuan.Comments that favorable business development is the main reason for the forecast.

Hunan Corun New Energy Co Ltd to acquire stake in subsidiary

Monday, 14 Jul 2014 08:00pm EDT

Hunan Corun New Energy Co Ltd:To acquire 40 pct stake in subsidiary National Engineering Research Center of Advanced Energy Storage Materials from a related party and a Shenzhen-based technology company.Transaction price is 45 mln yuan in total.The company will hold 75 pct stake in target company after transaction.

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