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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 .

Orion Energy Systems says CEO John Scribante has left company

Friday, 26 May 2017 08:30am EDT

May 26 (Reuters) - Orion Energy Systems Inc :Says as part of this management restructuring, chief executive officer, John Scribante, has left company.Says current board chair, Mike Altschaefl, has assumed chief executive officer role.Says co's previously scheduled May 26, 2017 earnings call is being temporarily postponed.Orion Energy Systems - call postponed to allow co's management team to provide more specific details on its goals and objectives for fiscal 2018.Says new earnings call date and time will be announced in near future.Orion Energy Systems - Mike Potts and Marc Meade, both current exec vice presidents, have primary responsibility for substantially reducing co's cost structure and for streamlining operations.

China Great Land says unit's civil engineering contracting business at Haikou may continue to face difficulties

Friday, 26 May 2017 05:28am EDT

May 26 (Reuters) - China Great Land Holdings Ltd -:Board of view that subsidiary's civil engineering contracting business at haikou may continue to face difficulties in securing projects​.

India's HSIL forms strategic initiative committee of directors

Thursday, 18 May 2017 09:16am EDT

May 18 (Reuters) - HSIL Ltd :Constituted strategic initiative committee of directors to evaluate options in relation to potential restructuring/ realignment of co's businesses.

India's Kajaria Ceramics March-qtr profit rise nearly 5 pct

Monday, 15 May 2017 05:06am EDT

May 15 (Reuters) - India's Kajaria Ceramics Ltd :Says recommendation of a dividend of INR 3/- per equity share.Consol March quarter profit from continuing operations 721.7 million rupees.Approved expansion of existing manufacturing capacity at Gailpur, Rajasthan plant by 3.50 MSM per annum.Consol March quarter total income 8.12 billion rupees.Says acquisition of shares of Floera Ceramics at a consideration aggregating to INR 36.1 million.Consol profit from continuing operations in March quarter last year was 689.2 million rupees as per IND-AS; consol total income 7.43 billion rupees.

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