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Appliances, Tools & Housewares

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Guangdong Songfa Ceramics halts asset restructuring plan

Wednesday, 24 May 2017 06:35am EDT

May 24 (Reuters) - Guangdong Songfa Ceramics Co Ltd <603268.SS>:Says it halts asset restructuring plan.

Rational Q1 profit after tax up 38 pct at 33.7 mln euros

Wednesday, 3 May 2017 04:30am EDT

May 3 (Reuters) - Rational AG ::Outlook confirmed.Growing sales revenues in Q1 by 22 percent to 165.7 million euros ($180.83 million) (2016: 135.7 million euros).In Q1 of 2017, rational generated a gross profit of 101.1 million euros (2016: 83.9 million euros).Q1 sales revenues increased 58 percent year on year in North America (U.S. and Canada), where business with chain customers in particular was very successful.Q1 EBIT stood at 44.1 million euros, 37 percent up on previous year (2016: 32.2 million euros).Q1 profit after tax 33.7 million euros, up 38 percent.

DEA General Aviation Holding sees H1 FY 2017 net loss to be 25 mln yuan to 40 mln yuan

Friday, 28 Apr 2017 05:41am EDT

April 28 (Reuters) - DEA General Aviation Holding Co Ltd <002260.SZ> ::* Sees H1 FY 2017 net loss to be 25 million yuan to 40 million yuan.* Says H1 FY 2016 net loss was 10.2 million yuan.* Says decreased sales of household appliances and increased development cost of aviation business as main reasons for the forecast.

Suzhou China Create Special Material sees H1 FY 2017 net profit up 30 pct to 70 pct

Tuesday, 25 Apr 2017 10:34pm EDT

April 26 (Reuters) - Suzhou China Create Special Material Co Ltd <002290.SZ>:* Sees H1 FY 2017 net profit to increase by 30 percent to 70 percent, or to be 25.7 million yuan to 33.7 million yuan.* Says H1 FY 2016 net profit was 19.8 million yuan.* Says that increased sales price of appearance material and factoring business income as main reasons for the forecast.

Xiamen Comfort Science&Technology Group sees H1 FY 2017 net profit up 47.5 pct to 77 pct

Monday, 24 Apr 2017 10:40pm EDT

April 25 (Reuters) - Xiamen Comfort Science&Technology Group Co Ltd <002614.SZ>:* Sees H1 FY 2017 net profit to increase by 47.5 percent to 77 percent, or to be 75 million yuan to 90 million yuan.* Says H1 FY 2016 net profit was 50.8 million yuan.* Says that increased products sales and business income as main reasons for the forecast.

Whirlpool Corp Q1 GAAP earnings per share $2.01

Monday, 24 Apr 2017 05:00pm EDT

April 24 (Reuters) - Whirlpool Corp ::Whirlpool Corporation reports first-quarter 2017 results and revises full-year guidance.Q1 GAAP earnings per share $2.01.Q1 sales $4.8 billion versus I/B/E/S view $4.78 billion.Q1 earnings per share view $2.73 -- Thomson Reuters I/B/E/S.Revises FY GAAP earnings per share view $12.65 to $13.40.Company continues to expect full-year 2017 industry unit shipments in Brazil to be flat.Says for full-year 2017 now expects GAAP EPS of $12.65 to $13.40 and ongoing business EPS of $14.75 to $15.50..In North America, co continues to expect full-year 2017 industry unit shipments in U.S. to increase by 4 to 6 percent.In Europe, Middle East and Africa company now expects full-year 2017 industry unit shipments to be flat to up 2 percent.FY2017 earnings per share view $15.48, revenue view $21.48 billion -- Thomson Reuters I/B/E/S.Says reaffirms FY cash provided by operating activities of $1.7 billion to $1.75 billion and reaffirms free cash flow guidance of $1 billion.Sees full-year 2017 capital spending of $700 million to $750 million.In Asia, co continues to expect full-year 2017 industry unit shipments to be flat to up 2 percent.Says first-quarter ongoing business earnings per diluted share totaled $2.50.

Husqvarna Q1 operating profit grows more than expected

Friday, 21 Apr 2017 02:00am EDT

April 21 (Reuters) - Husqvarna Ab :Q1 net sales increased to sek 12,746m (11,361).Q1 operating income increased 22% to sek 1,425m.Reuters poll: husqvarna q1 ebit was seen at 1,349 million sek, sales at 12,150 million.Says to support our profitable growth journey, we continue to invest in strategic growth initiatives along with efforts to improve efficiency.Says focus for the second quarter, following the successful sell-in phase, will be to support our trade partners to deliver an equally positive sell-through .

Vatti sees Q1 FY 2017 net profit up 50 pct to 70 pct

Wednesday, 19 Apr 2017 11:48pm EDT

April 20 (Reuters) - Vatti Corp Ltd <002035.SZ>:* Sees Q1 FY 2017 net profit to increase by 50 percent to 70 percent, or to be 71.9 million yuan to 81.5 million yuan.* Says Q1 FY 2016 net profit was 47.9 million yuan.* The reason for the forecast is increased sales income and business growth of units .

Libbey expects Q1 net loss in range of $6 mln to $8 mln

Wednesday, 19 Apr 2017 07:45am EDT

April 19 (Reuters) - Libbey Inc ::Libbey Inc provides first quarter business update.Q1 sales $173 million versus I/B/E/S view $179.7 million.Libbey Inc- expects Q1 of 2017 net loss in range of $6 million to $8 million, compared to net income of $0.7 million in prior year Q1.Libbey Inc - Q1 profitability impacted by "stronger competitive pressures", a continuation of end-market trends observed during H2 of last year.Libbey Inc- estimate furnace rebuilds, technology investments, foreign currency negatively impacted Q1 y-o-y adjusted EBITDA comparisons about $11 million.Libbey - estimate furnace rebuilds, technology investments, foreign currency negatively impacted Q1 y-o-y adjusted EBITDA comparisons by about $11 million.Libbey Inc- "also taking pricing actions in both u.s. And Mexico to improve margins".Libbey Inc- updated capital spending plan to reduce 2017 capital expenditures to low end of our previously guided range.

Wuxi Hodgen Technology sees Q1 FY 2017 net profit up 50 pct to 80 pct

Monday, 10 Apr 2017 09:46pm EDT

Wuxi Hodgen Technology Co Ltd <300279.SZ> : Sees Q1 FY 2017 net profit to increase by 50 percent to 80 percent, or to be 30.3 million yuan to 36.3 million yuan . Says Q1 FY 2016 net profit was 20.2 million yuan .The reasons for the forecast are contribution from subsidiaries and success in business transformation.

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