Financial News from ACN Newswire

  • China VAST 2016 Interim Revenue Surges 341%, Profit Attributable to Owners of the Company Increases  … ACN Newswire - 11 minutes ago

    HONG KONG, Aug 30, 2016 - (ACN Newswire) - The pioneer integrated service developer in planning, investment development and operation of large-scale industrial towns in China - China VAST Industrial Urban Development Company Limited ("China VAST" or the "Group", Stock code: 6166), announced its unaudited interim results for the six months ended 30 June 2016.

  • World's Largest Watch & Clock Fair Opens Next Tuesday ACN Newswire - 2 hours 6 minutes ago

    Hong Kong Event to Feature Global Brands, Public Day HONG KONG, Aug 30, 2016 - (ACN Newswire) - Organised by Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Ltd and ...

  • Chiho-Tiande Announces Proposed Acquisition of Entire Share Capital of Scholz Holding GmbH ACN Newswire - 2 hours 29 minutes ago

    Significant Move to Extend the Strategic Map HONG KONG, Aug 30, 2016 - (ACN Newswire) - Chiho-Tiande Group Limited ("Chiho-Tiande" or the "Group") (Stock code: 976), a global leading ...

  • Honda Sets All-Time Record for Automobile Production in China, And Monthly Production Record in Asia ACN Newswire - 4 hours ago

    Exports from JapanTOKYO, Aug 30, 2016 - (JCN Newswire) - Honda Motor Co., Ltd. today announced a summary of automobile production, Japanese domestic sales, and export results for the month of July 2016. Production in Japan for the month of July 2016 experienced a year-on-year increase for the third consecutive month (since May 2016). Production in regions outside of Japan experienced a year-on-year decrease for the first time in 17 months (since February 2015).

  • MHI to Launch Discussions toward Forming Alliances with Three Domestic Shipbuilders ACN Newswire - 5 hours ago

    TOKYO, Aug 30, 2016 - (JCN Newswire) - In October 2015 Mitsubishi Heavy Industries, Ltd. (MHI) established two new Group companies in the Nagasaki district to perform business related to shipbuilding, part of an initiative targeting structural reform of the Company's commercial ship operations. Subsequently the environment surrounding the shipbuilding industry has undergone dramatic changes on global scale, to the extent that today MHI recognizes the need to undertake swift and progressive steps to secure the competitive strength required by Japan's shipbuilding industry in order to compete, and mark sustained growth, in the global marketplace. In line with this emerging awareness, MHI is about to launch discussions toward forming new alliances with three domestic companies - Imabari Shipbuilding Co., Ltd., Oshima Shipbuilding Co., Ltd. and Namura Shipbuilding Co., Ltd. - that share this awareness and offer strong potential as mutually complementary, synergy-generating partners that would collectively provide Japan's commercial ship industry with robust global competitive strength.

  • Neo Telemedia Subsidiary Bluesea Mobile Partners with Jiangmen Municipal People's Government Jiangmen … ACN Newswire - 5 hours ago

    HONG KONG, Aug 30, 2016 - (ACN Newswire) - Neo Telemedia Limited ("Neo Telemedia" or the "Company;" stock code: 8167, together with its subsidiaries, the "Group") announced today that the Jiangmen Innovation and Entrepreneurship Exhibition Center ("Exhibition Center"), an effort of the Jiangmen Municipal People's Government in partnership with the Group's wholly-owned subsidiary Guangdong Bluesea Mobile Development Company Limited ("Bluesea Mobile"), has commenced operation on 15 July 2016 to showcase the benefits of informatization powered by Big Data usage. Big Data opens up new directions for industries and start-ups, as well as business models and presents new investment opportunities.

  • Mazda to Increase Engine Production Capacity at Powertrain Plant in Thailand ACN Newswire - 6 hours ago

    - New engine machining factory to be added also - Illustration of MPMT at completion with transmission plant (top left) and engine plant (bottom right) HIROSHIMA, Japan, Aug 30, 2016 - (JCN Newswire) - ...

  • Bank of the Philippines Islands Teams up with Gemalto to Combine Banking and Transport into One Prepaid … ACN Newswire - 7 hours ago

    AMSTERDAM, Aug 30, 2016 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is supplying the Bank of the Philippines Islands (BPI) with EMV prepaid banking and ...

  • Toyota Announces Results for July 2016 ACN Newswire - 8 hours ago

    Toyota City, Japan, Aug 30, 2016 - (JCN Newswire) - Toyota Motor Corporation announces its production, domestic sales, and export results for July 2016, including those for subsidiaries Daihatsu Motor ...

  • Mazda Production and Sales Results for July 2016 ACN Newswire - 8 hours ago

    TOKYO, Aug 30, 2016 - (JCN Newswire) - Mazda Motor Corporation's production and sales results for July 2016 are summarized below. I. Production 1. Domestic Production Mazda's total domestic production ...

  • Hung Fook Tong's 2016 Interim Net Profit Up 25.6%; Gross Profit Margin Increases to 62.2% ACN Newswire - 8 hours ago

    HONG KONG, Aug 30, 2016 - (ACN Newswire) - Hung Fook Tong Group Holdings Limited ("Hung Fook Tong" or the "Company" or together with its subsidiaries the "Group", stock code: 1446), the top retailer of Chinese herbal products in Hong Kong, has announced its unaudited consolidated interim results for the six months ended 30 June 2016 ("1H2016"). During 1H2016, driven by a solid reputation and strong brand recognition among the general public, particularly in Hong Kong, the Group's revenue reached HK$347.9 million (1H2015: HK$357.4 million). The Group remains in a healthy financial position, with HK$110.0 million in cash and cash equivalents as at 30 June 2016, and maintains strong cash flows with net cash generated from operating activities.

  • Greenland Hong Kong Announces 2016 Interim Results and Total Revenue Grew by 456% YoY ACN Newswire - 12 hours ago

    HONG KONG, Aug 30, 2016 - (ACN Newswire) - Greenland Hong Kong Holdings Limited ("Greenland Hong Kong" or the "Company", stock code: 337.HK), a subsidiary of Greenland Holdings Corporation Limited ("Greenland Holdings"), which is a leading global real estate company, today announced its unaudited interim results for the period ended 30 June 2016 (the "period under review"). For the period under review, the Company recorded a total revenue of approximately RMB5,232 million, an increase of 456% approximately year-on-year.

  • Verisk Analytics, Inc., Acquires Quest Offshore's Data and Subscriptions Business ACN Newswire - 17 hours ago

    Verisk Analytics, Inc., Acquires Quest Offshore's Data and Subscriptions Business Acquisition enables Verisk's Wood Mackenzie business to enhance its deepwater analysis and insight capability as part of ...

  • C.banner Announces 2016 Interim Results ACN Newswire - 22 hours ago

    HONG KONG, Aug 29, 2016 - (ACN Newswire) - C.banner International Holdings Limited ("C.banner" or the "Company", together with its subsidiaries, the "Group", stock code: 1028), the leading international integrated retailer and the second largest retailer of mid-to-premium women's formal and leisure footwear in the PRC, today announced its interim results for the six months ended 30 June 2016 ("period under review"). The economic environment remained difficult and challenging in the first half of 2016, yet the Company has been steadily marching towards its goal of becoming a world-renowned brand, and performs steadily despite the slump of the retail market. Gross profit increased 2.2% to RMB908.5 million.

  • Hiromichi Ochiai to be Hong Kong Young Fashion Designers' Contest VIP Judge ACN Newswire - Mon, Aug 29, 2016 7:32 PM AEST

    Rising Stars to Compete on Creativity & Market Potential HONG KONG, Aug 29, 2016 - (ACN Newswire) - The Hong Kong Young Fashion Designers' Contest (YDC) 2016 will be held on 10 September at the Hong Kong ...

  • True Money to Boost Group Lease PCL (SET:GL) Sales in Cambodia ACN Newswire - Mon, Aug 29, 2016 7:15 PM AEST

    BANGKOK, Aug 29, 2016 - (ACN Newswire) - SET-listed digital finance firm Group Lease Public Company Limited ("GL", SET:GL) is forecasting a major boost to its already flourishing business in Cambodia through a new partnership with True Money, a mobile-payment subsidiary of True Corp in Thailand. This will significantly increase the sales of GL's financial services via True Money's extensive network of about 5,000 agents spread out nationwide in Cambodia. GL Finance, or GLF, GL's wholly-owned subsidiary in Cambodia, currently operates about 240 Points of Sales (POS) of its own in all parts of the country.

  • GAIKINDO Indonesia Auto Show (GIIAS 2016) a Window on Growth of Indonesian Automotive Industry ACN Newswire - Mon, Aug 29, 2016 7:12 PM AEST

    JAKARTA, Aug 29, 2016 - (ACN Newswire) - The international automotive event, GAIKINDO Indonesia International Auto Show (GIIAS) 2016 took place from August 11 - 21 at the Indonesia Convention Exhibition (ICE), BSD City, Serpong. Through this World Class Auto Show Series, GAIKINDO (The Association of Indonesia Automotive Industries) encourages the Indonesian automotive industry and all its visitors to adopt an eco-friendly driving style and to use green technology, following this year's theme, and "Green Technology for a Better Future".

  • Mexican Adventure for Toyota GAZOO Racing ACN Newswire - Mon, Aug 29, 2016 7:10 PM AEST

    Toyota GAZOO Racing enters uncharted territory this weekend with its first trip to Mexico City for the Six Hours of Mexico, the fifth round of the FIA World Endurance Championship (WEC).Mexico City and Tokyo, Aug 29, 2016 - (JCN Newswire) - Toyota GAZOO Racing enters uncharted territory this weekend with its first trip to Mexico City for the Six Hours of Mexico, the fifth round of the FIA World Endurance Championship (WEC). Anthony Davidson, Sebastien Buemi and Kazuki Nakajima will drive the #5 TS050 Hybrid at the 4.304km circuit in the Mexican capital, where they will chase a first podium of the season.

  • TIM and Samsung Launch the First Smartwatch in Italy with Integrated eSIM, in Collaboration with Gem … ACN Newswire - Mon, Aug 29, 2016 3:17 PM AEST

    AMSTERDAM, Aug 29, 2016 - (ACN Newswire) - TIM and Samsung, in collaboration with Gemalto, launched today the first smartwatch in Italy with an integrated embedded SIM (eSIM), representing the evolution of the SIM Card and mobile devices. Samsung's Gear S2 Classic 3G Smartwatch is the first wearable device in the world with eSIM, a technological innovation that marks a further step towards the digital future of the Internet of Things. The eSIM makes it possible to connect the device, simply and immediately, to TIM's mobile network using a QR code.

  • MHI-PPM Receives Order for 'DIAMONDSPIRIT' Newspaper Offset Press from Minami-Nippon Shimbun Co., Lt … ACN Newswire - Mon, Aug 29, 2016 12:59 PM AEST

    "DAIAMONDSPIRIT" Newspaper Offset Press TOKYO, Aug 29, 2016 - (JCN Newswire) - Mitsubishi Heavy Industries Printing & Packaging Machinery, Ltd. (MHI-PPM), a Group company of Mitsubishi Heavy ...

  • Saving Water with Superabsorbent Polymers ACN Newswire - Mon, Aug 29, 2016 1:20 AM AEST

    Superabsorbent polymers can store water and nutrients and release them in drought conditions, according to research. (Copyright: krisckam via 123rf) Selangor, Malaysia, Aug 29, 2016 - (ACN Newswire) - ...

  • China Goldjoy Announces 2016 Interim Results; Revenue Surges 30.9% to HK$328.5 Million ACN Newswire - Sat, Aug 27, 2016 10:11 AM AEST

    The Group has made further improvements to its business performance, resulting in profit growth. During the period under review, the Group pushed ahead with its development in high value-added and diversified businesses. It has also eliminated the low-margin and low value-added electronic manufacturing business in an effort to allocate resources to business segments with greater growth potential.

  • Alltronics Opens New Office in Hong Kong ACN Newswire - Fri, Aug 26, 2016 11:01 PM AEST

    Mr. Lam Yin Kee, Chairman of Alltronics, officiates the new office opening and speaks to guests. The management of Alltronics cut the ribbon at the new office opening ceremony. HONG KONG, Aug 26, 2016 - (ACN Newswire) - Alltronics Holdings Limited ("Alltronics" or the "Company") (Stock code: 833) today announced that it has moved into a new office in Causeway Bay.

  • Uni-Bio Science Group Announces 2016 Interim Results ACN Newswire - Fri, Aug 26, 2016 10:31 PM AEST

    The Group achieved strong financial and operational performance as a result of well-managed tenders by the new Market Access department, strengthening its commercial platform, and successful penetration of new growth provinces. Loss before interest, tax, depreciation, amortization, and other non-cash items ("Adjusted LBITDA") decreased by 35.4% from HK$5.2 million in the previous period to HK$3.4 million in the period under review.

  • Feiyu Technology Announces 2016 Interim Results ACN Newswire - Fri, Aug 26, 2016 10:13 PM AEST

    During the period under review, the Group's total revenue decreased by approximately 52.7% to approximately RMB95.3 million mainly due to the change in lifecycle stage of the Company's existing titles, which reached the mature stage in the period under review. In addition, the Company's strategic decision to postpone the launch of three key new games for better quality and expected performance also affected the revenue negatively. Mr. Yao Jianjun, Founder, Chairman and Chief Executive Officer of Feiyu Technology said, "China's online game industry continued to record a strong growth in the first half of 2016.

  • Anticancer Agent "Treakisym for Injection 100 mg" Approved in Japan for Additional Indication of Chronic … ACN Newswire - Fri, Aug 26, 2016 6:41 PM AEST

    TOKYO, Aug 26, 2016 - (JCN Newswire) - Eisai Co., Ltd. announced today that the anticancer agent TREAKISYM for Injection 100 mg (generic name: bendamustine hydrochloride, "TREAKISYM") has been ...

  • AAC Technologies Announces 2016 Interim Results ACN Newswire - Fri, Aug 26, 2016 4:45 PM AEST

    - Record High First Half Revenue of RMB5,564 million, Up 18% YoY - Strong Growth of Acoustic and Non-Acoustic segments, Increase 24% and 23% YoY respectively - Interim Dividend Raises from HK$0.25 to HK$0.30 ...

  • DENSO to Advance Artificial Intelligence Knowledge, Signs Technical Advisory Contract with Carnegie Mellon … ACN Newswire - Fri, Aug 26, 2016 1:32 PM AEST

    KARIYA, JAPAN, Aug 26, 2016 - (JCN Newswire) - In an effort to deepen and advance its knowledge in artificial intelligence, DENSO has entered into a technical advisory contract with one of the world's foremost researchers in computer vision, Carnegie Mellon University Professor Dr. Takeo Kanade. Through this contract, DENSO is looking to advance its artificial intelligence technology and expand its engineering expertise in the areas of advanced driver assistance systems (ADAS), autonomous drive, and the Internet of Things (IoT).

  • PT HM Sampoerna Named FinanceAsia's Best Managed Company and Best in Corporate Governance Awards ACN Newswire - Fri, Aug 26, 2016 1:08 PM AEST

    Sampoerna successfully won the award for "Best Managed Company" and "Best in Corporate Governance" by this leading publisher of financial news in the Asia-Pacific region. Finance Director of Sampoerna, Michael Sandritter, received the award in Jakarta on Thursday (08/25/2016). "The award reflects the trust that investors have in the company, its good management and its credit profile," said Jonathan Wilshere, FinanceAsia's Country Manager Indonesia.

  • Gemalto first semester 2016 results ACN Newswire - Fri, Aug 26, 2016 10:20 AM AEST

    - Revenue of EUR 1.5 billion, up +1% at constant exchange rates and stable at historical exchange rates - Revenue growth in Government Programs up +25%, Enterprise up +12%, Payment up +11% and Machine-to-Machine ...

  • Hong Kong's Top e-Wallet TNG Secures SVF Licence from Hong Kong Monetary Authority ACN Newswire - Thu, Aug 25, 2016 10:25 PM AEST

    HONG KONG, Aug 25, 2016 - (ACN Newswire) - TNG Wallet ("TNG"), Hong Kong's Number 1 e-wallet , said it has received the coveted Stored Value Facilities ("SVF") Licence from the Hong ...

  • Lee's Pharm 2016 Interim Net Profit Up 17.9% ACN Newswire - Thu, Aug 25, 2016 9:20 PM AEST

    HONG KONG, Aug 25, 2016 - (ACN Newswire) - Lee's Pharmaceutical Holdings Limited ("Lee's Pharm" or the "Group", Stock Code: 950), an integrated research-driven and market-oriented pharmaceutical group in China, today announced its unaudited interim results for the six months ended 30 June 2016 (the "period under review"). During the period under review, turnover of Lee's Pharm was HK$449,729,000. The Group's flagship products such as Yallaferon and Livaracine have recorded a mild revenue growths of 9.3% and 10.1% respectively, while Ferplex has successful renewed the Import Drug License in early 2016.

  • Curtain to Rise on Major Fashion Event CENTRESTAGE Next Month ACN Newswire - Thu, Aug 25, 2016 9:17 PM AEST

    A New Launch Pad for Stylish Brands and Designer Talents HONG KONG, Aug 25, 2016 - (ACN Newswire) - CENTRESTAGE, a brand new fashion promotion and launch platform, will be held from 7 to 10 September at ...

  • China Comservice Announces 2016 Interim Results ACN Newswire - Thu, Aug 25, 2016 8:54 PM AEST

    HONG KONG, Aug 25, 2016 - (ACN Newswire) - China Communications Services Corporation Limited ("China Comservice" or the "Company"), and its subsidiaries (the "Group") (HKSE code: 552), today announced its unaudited interim results for the six months ended 30 June 2016. Profit attributable to equity shareholders of the Company was RMB1,386 million, up by 9.1%. Free cash flow was RMB2,385 million, representing a significant increase as compared with the amount of RMB151 million in the same period last year.

  • Honda to Begin Sales of All-new NSX ACN Newswire - Thu, Aug 25, 2016 3:49 PM AEST

    Honda's All-new NSXTOKYO, Aug 25, 2016 - (JCN Newswire) - Honda Motor Co., Ltd. today began accepting applications in Japan for custom orders of the all-new NSX supercar, which underwent a full redesign for the first time in 26 years since the introduction of the original NSX. The all-new NSX inherits the "human-centered supercar" concept proposed by the original NSX, which was developed as a supercar with incredible performance, yet one that anyone can drive comfortably.