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United States

Construction Supplies & Fixtures

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Uponor Q2 pre-tax profit down at EUR 21.1 mln, below expectations

Tuesday, 25 Jul 2017 01:00am EDT

July 25 (Reuters) - UPONOR ::UPONOR GREW MODESTLY IN EUROPE; U.S. BUSINESS IMPACTED BY A TEMPORARY PRODUCTION ISSUE.Q2 NET SALES EUR ‍308.​4 MILLION (REUTERS POLL: EUR 310 MILLION).‍GROUP'S NET SALES AND COMPARABLE OPERATING PROFIT ARE EXPECTED TO IMPROVE FROM 2016​.‍IF ACQUISITION OF U.S. MANUFACTURING FACILITY, REAL ESTATE MATERIALISES AS PLANNED, CAPITAL EXPENDITURE IS ESTIMATED TO EXCEED EUR 60 MILLION IN 2017​.‍ASSUMING ECONOMIC DEVELOPMENT IN CO'S KEY GEOGRAPHIES OTHERWISE CONTINUES UNDISTURBED, UPONOR REPEATS ITS EARLIER, FY GUIDANCE FOR 2017​.Q2 PRE-TAX PROFIT EUR 21.1 MILLION (REUTERS POLL: EUR 31.1 MILLION).

Beijing JIAYU Door Window and Curtain Wall Joint-stock sees H1 FY 2017 net profit down 25.16 pct to 33.32 pct

Monday, 17 Jul 2017 04:15am EDT

July 17(Reuters) - Beijing JIAYU Door Window and Curtain Wall Joint-stock Co Ltd <300117.SZ> ::* Sees H1 FY 2017 net profit to decrease by 25.16 percent to 33.32 percent, or to be 19.6 million yuan to 22 million yuan.* Says H1 FY 2016 net profit was 29.4 million yuan.* The reason for the forecast is optimized main business structure .

Sichuan Goldstone Orient New Material Equipment sees H1 FY 2017 net profit down 7.09 pct to up to 22.91 pct

Sunday, 16 Jul 2017 11:40pm EDT

July 17(Reuters) - Sichuan Goldstone Orient New Material Equipment Co Ltd <300434.SZ> ::* Sees H1 FY 2017 net profit to decrease by 7.09 percent to increased by 22.91 percent, or to be 11.1 million yuan to 14.6 million yuan.* Says H1 FY 2016 net profit was 11.9 million yuan.* The reasons for the forecast are agency fee on major asset restructuring and increased sales revenue of steel reinforced plastic composite pipe production line products as well as contribution from subsidiary .

Tecnon Fujian Commercial Lighting sees H1 FY 2017 net profit up 11 pct to 28 pct

Friday, 14 Jul 2017 01:25am EDT

July 14(Reuters) - Tecnon Fujian Commercial Lighting Co Ltd <300650.SZ>:Sees H1 FY 2017 net profit to increase by 11 percent to 28 percent, or to be 12.5 million yuan to 14.5 million yuan.Says H1 FY 2016 net profit was 11.3 million yuan.Says production and marketing expansion of main business products and cost control are the main reasons for the forecast.

Shanghai Everjoy Health Group revises H1 forecast, sees H1 FY 2017 net profit to be 10 mln yuan to 15 mln yuan

Monday, 10 Jul 2017 03:17am EDT

July 10(Reuters) - Shanghai Everjoy Health Group Co Ltd <002162.SZ> ::* Sees H1 FY 2017 net profit to be 10 million yuan to 15 million yuan.* Says H1 FY 2016 net loss was 3.7 million yuan.* The reasons for the forecast are increased revenue of tile business and contribution from government subsidy.

Sichuan Monarch Sanitary Ware revises H1 net profit forecast for FY 2017

Friday, 7 Jul 2017 02:33am EDT

July 7 (Reuters) - Sichuan Monarch Sanitary Ware Co Ltd <002798.SZ> ::* Says it revised up H1 net profit forecast for FY 2017.* In the new forecast, co expects FY 2017 H1 net profit to increase by 30 percent to 45 percent, or to be 22.7 million yuan to 25.3 million yuan, while the net profit of FY 2016 H1 was 17.4 million yuan.* In the previous forecast, co expected FY 2017 H1 net profit to increase by 10 percent to 30 percent.* Says that better performance of main business and increased efficiency of unused funds as main reasons for the forecast adjustment.

SIG says trading in first half was in line with expectations

Wednesday, 5 Jul 2017 02:00am EDT

July 5 (Reuters) - SIG Plc ::Trading in first half of year was in line with expectations.HY group revenues from continuing operations increased by 8.1% to 1,417 mln stg.Expects H1 2017 performance to be lower than that achieved in H1 2016 and comparable with H2 2016.HY like-for-like revenue growth showed a marked improvement on H2 2016.For full year 2017 board expects business to show stronger second half.Expects its net debt at 30 June 2017 to be lower than at 31 December 2016 (259.9 mln stg).Improved level of net debt should result in lower seasonal peak in HY leverage and facilitate reduction in leverage in H2 2017, towards target of 1.0 - 1.5x in 2018.

Xiamen Goldenhome sees H1 FY 2017 net profit to up 100 pct to 120 pct

Monday, 3 Jul 2017 11:47pm EDT

July 4 (Reuters) - Xiamen Goldenhome Co Ltd <603180.SS> ::* Sees H1 FY 2017 net profit to increase by 100 percent to 120 percent, or to be 42.3 million yuan to 48.9 million yuan.* Says H1 FY 2016 net profit was 22.2 million yuan.* Says steady growth of business operation and increased sales as main reasons for the forecast.

Gruppo Ceramiche Ricchetti to incorporate unit United Tiles

Monday, 3 Jul 2017 05:49am EDT

July 3 (Reuters) - GRUPPO CERAMICHE RICCHETTI SPA ::SAID ON FRIDAY THAT THE BOARD HAD APPROVED THE PROJECT OF INCORPORATION OF ITS WHOLLY OWNED UNIT UNITED TILES SRL.

Shangdong Longquan Pipeline Engineering to dissolve branch

Thursday, 22 Jun 2017 12:53am EDT

June 22(Reuters) - Shangdong Longquan Pipeline Engineering Co Ltd <002671.SZ> ::* Says it plans to dissolve its Liaoning branch .

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