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Tangshan Jidong Equipment Engineering sees FY 2017 net profit to be 12 mln yuan to 16 mln yuan

Tuesday, 16 Jan 2018 10:04pm EST

Jan 17 (Reuters) - Tangshan Jidong Equipment Engineering Co Ltd <000856.SZ> : :Sees net profit for FY 2017 to be 12 million yuan to 16 million yuan, compared to net profit of FY 2016 (23.1 million yuan).

Zhejiang Langdi Group sees 2017 net profit up 62 pct to 80 pct

Tuesday, 16 Jan 2018 09:18pm EST

Jan 17(Reuters) - Zhejiang Langdi Group Co Ltd <603726.SS>:Sees 2017 net profit to increase by 62 percent to 80 percent.Says 2016 net profit was 67.2 million yuan .Says improvement of main business as the main reason for the forecast .

Rational says 2017 sales of 702 mln eur

Tuesday, 16 Jan 2018 01:00am EST

Jan 16 (Reuters) - Rational Ag ::SAYS ‍SALES REVENUES OF 702 MILLION EUROS IN 2017 FISCAL YEAR​.SAYS ‍SLIGHTLY EXCEEDED GROWTH FORECAST OF AROUND 13 PERCENT THAT WAS ALREADY RAISED DURING YEAR​.SAYS ‍FORECASTS EARNINGS BEFORE INTEREST AND TAXES (EBIT) OF AROUND 188 MILLION EUROS​.

Staffan Bohman proposed as new chairman of Electrolux

Friday, 12 Jan 2018 02:00am EST

Jan 12 (Reuters) - Electrolux ::STAFFAN BOHMAN PROPOSED NEW CHAIRMAN OF AB ELECTROLUX.SAYS ‍BOHMAN IS CHAIRMAN OF HOGANAS AB, IPCO AB AND UPPLANDS MOTOR HOLDINGS AB, AND BOARD MEMBER IN ATLAS COPCO AB.

Zhenjiang Dongfang Electric Heating Technology sees FY 2017 net profit to up 75 pct to 105 pct

Thursday, 11 Jan 2018 11:03pm EST

Jan 12(Reuters) - Zhenjiang Dongfang Electric Heating Technology Co Ltd <300217.SZ> ::Says net profit for FY 2017 to up 75 percent to 105 percent, or to be 80.3 million yuan to 94 million yuan.Says FY 2016 net profit was 45.9 million yuan .

Videocon Industries Says Board Meeting For Dec-Quarter Results Rescheduled To Jan. 22

Thursday, 11 Jan 2018 08:33am EST

Jan 11 (Reuters) - Videocon Industries Ltd ::SAYS BOARD MEETING FOR DEC-QUARTER RESULTS RESCHEDULED TO JAN. 22.SAYS PREPARATION OF FINANCIAL RESULTS STILL UNDER PROCESS.

General Company for Ceramic and Porcelain Products H1 Profit Rises

Thursday, 11 Jan 2018 04:03am EST

Jan 11 (Reuters) - GENERAL COMPANY FOR CERAMIC AND PORCELAIN PRODUCTS ::H1 NET PROFIT BEFORE TAX EGP 5.2 MILLION VERSUS EGP 3.3 MILLION YEAR AGO.

Fiskars Renews Its Group Leadership Team And Simplifies Leadership Structure

Thursday, 11 Jan 2018 01:00am EST

Jan 11 (Reuters) - FISKARS OYJ ABP ::FISKARS RENEWS ITS GROUP LEADERSHIP TEAM AND SIMPLIFIES LEADERSHIP STRUCTURE.‍APPOINTED ULLA LETTIJEFF AS PRESIDENT, SBU LIVING AND A MEMBER OF FISKARS GROUP LEADERSHIP TEAM​.

Elec-Tech International to buy 13.7 pct stake in LED chips unit for 300 mln yuan

Wednesday, 10 Jan 2018 11:36pm EST

Jan 11(Reuters) - Elec-Tech International Co Ltd <002005.SZ>:Says it plans to acquire 13.7 percent stake in Anhui-based LED chips unit for 300 million yuan .Says it will increase stake in the LED chips unit to 82.2 percent from 68.5 percent after the acquisition .

Whirlpool Announces Restructuring Actions Related To Embraco Compressor Business

Wednesday, 10 Jan 2018 09:24am EST

Jan 10 (Reuters) - Whirlpool Corp ::WHIRLPOOL CORP - ON JAN 10, 2018, CO ANNOUNCED CERTAIN RESTRUCTURING ACTIONS RELATED TO STREAMLINING OPERATIONS IN ITS EMBRACO COMPRESSOR BUSINESS.WHIRLPOOL -RESTRUCTURING ACTIONS TO RESULT IN CEASING OPERATIONS AND ENDING PRODUCTION AT EMBRACO'S RIVA PRESSO CHIERI, ITALY FACILITY IN 2018.WHIRLPOOL CORP - COMPANY CURRENTLY ANTICIPATES THAT APPROXIMATELY 500 POSITIONS WOULD BE IMPACTED BY THESE ACTIONS.WHIRLPOOL-ESTIMATES WILL INCUR UP TO ABOUT $50 MILLION IN EMPLOYEE-RELATED COSTS,ABOUT $25 MILLION IN ASSET IMPAIRMENT COSTS IN CONNECTION WITH RESTRUCTURING.WHIRLPOOL CORP - ‍ EXPECTS RESTRUCTURING ACTIONS TO BE SUBSTANTIALLY COMPLETE IN 2018 - SEC FILING​.WHIRLPOOL CORP - WITH RESTRUCTURING, ESTIMATES ABOUT $55 MILLION OF THE ESTIMATED $80 MILLION TOTAL COST WILL RESULT IN FUTURE CASH EXPENDITURES.WHIRLPOOL - ALSO‍ ESTIMATES THAT IT WILL INCUR ABOUT $5 MILLION IN OTHER ASSOCIATED COSTS IN CONNECTION WITH RESTRUCTURING ACTIONS​.

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