Travelport Worldwide Ltd : Travelport Worldwide Limited reports fourth quarter and full year 2016 results . Sees FY 2017 revenue up 3 percent to 5 percent . Q4 loss per share of $0.05 . Q4 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . Says expected mid single-digit growth for travel commerce platform net revenue partly offset by IGTS divestment for 2017 . Sees 2017 adjusted diluted income per share $1.29 - $ 1.37 . Says expected low single-digit growth for adjusted EBITDA in 2017 after strategic growth expenditure . Sees 2017 adjusted EBITDA $585 million - $595 million . Expects FY 2017 free cash flow $165 million - $185 million . Travelport currently anticipates that ENETT, commercial payments business, will grow net revenue by at least 20% in 2017 . Fy2017 earnings per share view $1.36, revenue view $2.48 billion -- Thomson Reuters I/B/E/S . Expects FY 2017 net revenue $2,425 million - $2,475 million . Quarterly net revenue $545.4 million versus $534.9 million .Q4 revenue view $551.6 million -- Thomson Reuters I/B/E/S.
Lead Eastern Investment Co Ltd <000673.SZ>: Sees net profit for FY 2016 up 67 percent, or to be 185 million yuan . Says the net profit of FY 2015 was 110.8 million yuan .Comments the development of film and television drama business is the main reason for the forecast.
Y Optics Manufacture Co Ltd <066430.KQ> :Says it will close fashion(shoes) business unit on Dec. 31, to improve profit structure after a merger.
Wuhan Sante Cableways Group Co., Ltd.<002159.SZ>: Says it plans to dissolve three tourism development units .Says eight tourism-relevant units to be merged into four units.
Travelport Worldwide Ltd : Co committed to undertake course of action to enhance Co's operational and technological efficiency . Travelport expects total charges in connection with program to be about $27 million to $31 million . Program involves consolidating multiple technology vendors with which company currently works . Program involves consolidating Co's three U.S. Technology hubs in Atlanta, Denver & Kansas city into two centers in ATLANTA & Denver . Program is expected to complete within 12 to 18 months, after which co expects annualized cost savings of about $19 million to $23 million . Expects total charges to include about $14 million to $16 million in severance and employee-related obligations . Expects that substantially all of these costs will be cash expenditures .Out of total charge about $6 million incurred during 9 months ended Sept 30, with about $5 million expected to be incurred during.
XiAn Tourism Co Ltd <000610.SZ> :Says it plans to halt assets restructuring plan.
Travel24 Com Ag : Decides to withdraw from the French market . Withdrawal from the French market will result in reduction of total revenue .Web portals travel24.fr, vol24.fr and vols24.fr will discontinue operations as of the end of August 2016.
Shinhoo <066430.KQ> Co., Ltd.,: Says it will merge with two wholly owned units, including Daesung Chemical Co.,Ltd. . Merger effective date of Oct. 4 and registered date of Oct. 5 .Says two units will be dissolved after the merger.
China Travel International Investment Hong Kong Ltd <0308.HK>: Inside information-further announcement in relation to strategic reorganization matter concerning controlling shareholder <0308.HK> . China travel international investment hong kong ltd <0308.HK> -company received from hkcts group a notice that sasac has approved reorganization between HKCTS group and CITS group . CITS group will no longer be an enterprise under the supervision of sasac . Reorganisation at time does not involve any material asset restructuring of co nor any issue of securities of co . Says reorganisation does not have any material impact on the normal operation of the company .