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Heavy Electrical Equipment

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Boer Power expects to record substantial decrease in net profit for FY 2016

8:17am EST

Boer Power Holdings Ltd <1685.HK> : Group expects to record a substantial decrease in net profit for year ended 31 december 2016 .Expects decrease in profit as management shifted operation and management focus to reforming factoring business.

Nordex expects almost stable margin despite lower revenue in 2017

Thursday, 23 Feb 2017 11:00am EST

Nordex says : Expects almost stable margin despite lower revenue in 2017 . Ebitda-margin in 2017 is, however, expected to remain almost stable, compared with margin of 8.3% expected for 2016 . Target range for operating margin is 7.8% to 8.2% . Nordex is targeting revenue of 3.4 to 3.6 billion euros in 2018 and an unchanged ebitda margin compared to previous year. . Despite lower capacity utilization, management board expects that ebitda margin will remain almost stable as stated above .Revenue this year is likely to amount to 3.1 to 3.3 billion euros.

Ekarat Engineering posts FY net loss 65.7 million baht

Thursday, 23 Feb 2017 07:22am EST

Ekarat Engineering Pcl : FY net loss 65.7 million baht versus profit 93.0 million baht .FY revenue from sales and goods 1.34 billion baht, down 25.8 percent.

Emco Ltd Dec-qtr loss narrows

Thursday, 23 Feb 2017 06:52am EST

Emco Ltd : Dec quarter net loss 111.3 million rupees versus loss 119.7 million rupees year ago .Dec quarter net sales 2.10 billion rupees versus 2.06 billion rupees year ago.

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