Financial News from ACN Newswire

  • Lexus Debuts in India with A Hybrid-Focused Line-Up ACN Newswire - 3 hours ago

    New Delhi, Mar 24, 2017 - (JCN Newswire) - Lexus made its debut in India today, bringing a new experience of luxury to the world's fastest-growing major economy. The brand's arrival in the market will deliver exceptional design and quality to the discerning Indian consumer. At the launch, Lexus unveiled three models chosen with the Indian driver in mind the RX 450h, ES 300h , and LX450d vehicles.

  • Thai Wah PCL (SET:TWPC): ASEAN's Leading Starch and Vermicelli Producer ACN Newswire - 4 hours ago

    BANGKOK, Mar 24, 2017 - (ACN Newswire) - Thai Wah Public Company Limited (SET:TWPC) Chief Executive Officer, Mr. Ho Ren Hua discusses the company's strategy and outlook in The Executive Talk (TET) by TET: Please explain the history of TWPC and its business today. In 2015 TWPC was created through the merger of two companies, Thai Wah Food Products PCL and Thai Wah Starch PCL.

  • SMIT Announces Encouraging 2016 Annual Results ACN Newswire - 5 hours ago

    HONG KONG, Mar 24, 2017 - (ACN Newswire) - SMIT Holdings Limited ("SMIT" or the "Company," together with its subsidiaries, the "Group") (stock code: 2239), a global leading CAM supplier and a major mPOS supplier in China, has announced its annual results for the year ended 31 December 2016 (the "Year"). - For the CAM business, as the European market gradually recovered, in addition to the start of mass scale sales in emerging markets led by India, the Group successfully grasped development opportunities presented by the new DVB-T2 technology in the industry.

  • Hitachi Launches Moving State Management Service that Uses Beacons to Visualize the Behavior of Workers … ACN Newswire - 9 hours ago

    TOKYO, Mar 24, 2017 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) has developed a system that quantitatively visualizes the behavior of workers and field supervisors using beacons(1) installed inside the construction sites and smart devices. From June 2017, Hitachi will launch a moving state management service that utilizes the system.

  • NEC and Netcracker Contribute to NTT''s Network Slice Trial ACN Newswire - 10 hours ago

    TOKYO, Mar 24, 2017 - (JCN Newswire) - NEC Corporation (TSE: 6701) and Netcracker Technology today announced their participation in a trial with Nippon Telegraph and Telephone Corporation (NTT) to realize the "NetroSphere Concept" for developing future communication networks. The NetroSphere Concept is the construction of a flexible, cost-effective network that can respond to the needs of both customers and service providers. This technology will allow service providers to efficiently utilize network resources only during the time those resources are needed, enabling the realization of various services at a low cost.

  • NEC Contributes to INTERPOL DSC Training for Cybercrime Investigations ACN Newswire - 10 hours ago

    TOKYO, Mar 24, 2017 - (JCN Newswire) - NEC Corporation (TSE: 6701) today announced its contribution to INTERPOL's Digital Security Challenge (DSC) cybercrime investigation training held at the INTERPOL Global Complex for Innovation in Singapore from Tuesday, March 14 to Friday, March 17, 2017. This DSC was conducted by INTERPOL in order for police to increase their cybercrime investigation capabilities. Participants in the four-day session included cybercrime investigation officers from the police forces of INTERPOL member countries and experts in digital forensics.

  • Flying Financial (8030.HK) Reports Outstanding Annual Results 2016; Revenue Surged More Than 1.5 tim … ACN Newswire - 11 hours ago

    HONG KONG, Mar 24, 2017 - (ACN Newswire) - Flying Financial Service Holdings Limited (Stock Code: 8030.HK) ("Flying Financial" or "Company" and its subsidiary companies called "Group") was pleased to announce the annual audited consolidated results of the Company and its subsidiaries (collectively the "Group") for the year ended 31 December 2016 (the "Reporting period"). Profit attributable to owners of the Company was approximately RMB101.3 million as compared to last year, representing an increase of approximately 135.0%. In 2006, followed by China's Internet financial good policy, Flying Financial unwaveringly adhere to the strategic upgrade, successfully by the pawn loans, entrusted loan business upgrade to the credit business for consumption scenario and asset management business based on financial technology.

  • NANOBIOTIX: The Independent Data Monitoring Committee Recommends the Continuation of the Ongoing Phase … ACN Newswire - 14 hours ago

    Paris, France and Cambridge, Massachusetts, USA, Mar 24, 2017 - (ACN Newswire) - NANOBIOTIX (Euronext: NANO - ISIN: FR0011341205), a late clinical-stage nanomedicine company pioneering new approaches to the local treatment of cancer, today announced that the Independent Data Monitoring Committee (IDMC) has completed the interim evaluation of the Phase II/III trial results (Act.In.Sarc) of NBTXR3 in soft tissue sarcoma. The interim evaluation was based on an analysis of the results of two-thirds of the patients included in the Phase II/III study - 104 patients were analyzed out of a total of 156.

  • Lubrizol Breaks Ground on Polyisobutylene Unit in Deer Park, Texas ACN Newswire - 19 hours ago

    News Release Lubrizol Breaks Ground on Polyisobutylene Unit in Deer Park, Texas CLEVELAND, March 23, 2017 - The Lubrizol Corporation announces that in conjunction with its previously announced technology ...

  • Lee's Pharm Announces 2016 Annual Results ACN Newswire - Thu, Mar 23, 2017 8:54 PM AEDT

    HONG KONG, Mar 23, 2017 - (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 annual results for the year ended 31 December 2016 (the "year under review"). During the year under review, facing the challenging industry and market, the Group was able to maintain its profitability. The Group recorded sales revenue of HK$929,821,000, a year-on-year increase of 0.8%.

  • Gemalto Wins 2017 Cybersecurity Excellence Award for Best Encryption Product with SafeNet KeySecure ACN Newswire - Thu, Mar 23, 2017 5:00 PM AEDT

    AMSTERDAM, Mar 23, 2017 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that they have been named a winner of the 2017 Cybersecurity Excellence Awards. ...

  • Fujitsu Builds "JAXA Sphere" Communication Platform to Strengthen Coordination among JAXA Employees ACN Newswire - Thu, Mar 23, 2017 2:22 PM AEDT

    TOKYO, Mar 23, 2017 - (JCN Newswire) - Fujitsu today announced that it has built "JAXA Sphere," a new communication platform based on Office 365, Microsoft's integrated information sharing cloud service. This works to provide an environment that more efficiently and flexibly supports strengthened coordination among employees of the Japan Aerospace Exploration Agency (JAXA) and the agency's R&D activities. All JAXA employees and the employees of its partners (companies and cooperating organizations that carry out operations at various JAXA facilities) began using this platform in January 2017.

  • New Alcatel-Lucent Enterprise Phones Redefine User Experience for Business Communications ACN Newswire - Thu, Mar 23, 2017 11:00 AM AEDT

    At a glance: - New series "s" Premium DeskPhones establish higher quality standards for business communications - 2 new models in the Premium DeskPhone line deliver high-quality experience and ...

  • Warc Innovation Awards - Shortlist announced ACN Newswire - Thu, Mar 23, 2017 1:28 AM AEDT

    LONDON, Mar 22, 2017 - (ACN Newswire) - 20 brands from around the world have been shortlisted for the Warc Innovation Awards, a global search for effective marketing innovation. The 25-strong judging panel, ...

  • AAC Technologies Record High Annual Revenue and Profit Up 32% and 30% YoY Respectively ACN Newswire - Wed, Mar 22, 2017 9:08 PM AEDT

    - Proposed Final Dividends for 2016 of HK$1.17 - 23% YoY Increase of Total 2016 Dividends - Backed by Strong Q4 earnings - Quarter EPS Up 55% YoY HONG KONG, Mar 22, 2017 - (ACN Newswire) - AAC Technologies ...

  • Garuda Indonesia Group books Net Income of US$9.35 Million for 2016, Maintaining Positive Performanc … ACN Newswire - Wed, Mar 22, 2017 9:00 PM AEDT

    CENGKARENG, INDONESIA, Mar 22, 2017 - (ACN Newswire) - National airline PT Garuda Indonesia (Persero) Tbk (GIAA.JK) and its subsidiaries maintained positive performance throughout 2016 with a net profit of US$9.36 Mil, or the equivalent of IDR 124.5 Bil (exchange rate IDR 13.300 per US$), while carrying a total of 35 Mil passengers on both Garuda Indonesia and Citilink Indonesia. The positive achievement was detailed in the Group's analyst meeting which took place today at Garuda Indonesia headquarters in Cengkareng, and was attended by Garuda Indonesia directors and all the directors of the subsidiaries. The subsidiaries in attendance were Citilink Indonesia, Garuda Maintenance Facility (GMF-AeroAsia), Aerowisata, Sabre, Asyst and Gapura.

  • Baselworld 2017- Tappy Announces Leading Watch Brands as its Launch Partners ACN Newswire - Wed, Mar 22, 2017 8:51 PM AEDT

    HONG KONG, Mar 22, 2017 - (ACN Newswire) - Tappy Technologies announces world renowned brands as their launch partners in the Baselworld'17; this launch partnership will see Tappy's payment technology ...

  • PromarkerD Predictive Diagnostics for DKD to Roll-out in Asia ACN Newswire - Wed, Mar 22, 2017 6:00 PM AEDT

    ASX: PIQ), a world leader in biomarker discovery in multiple project areas, is advancing deals this week in Singapore, Hong Kong and Shanghai for the Asia Pacific commercialization of PromarkerD, the ground-breaking test platform that uses protein biomarkers in the blood to predict the onset of diabetic kidney disease (DKD). Proteomics, or PILL, has been granted patents for PromarkerD in China and Singapore, following grants in Australia, Russia and the USA.

  • Gemalto revises 2017 financial outlook ACN Newswire - Wed, Mar 22, 2017 5:00 PM AEDT

    AMSTERDAM, Mar 22, 2017 - (ACN Newswire) - Based on its latest revenue forecast, Gemalto (Euronext NL0000400653 - GTO) expects its revenue for first quarter to be lower by 7% to 9% at constant exchange rates compared to the same period of 2016. This situation also leads to a lower contribution from personalization services. Looking ahead, taking into account the first quarter trend, Gemalto now expects its 2017 profit from operations outlook to be at a similar level to 2016.

  • World Water Day brings Message of Conservation & Plant Science Contributions from CropLife Asia ACN Newswire - Wed, Mar 22, 2017 5:00 PM AEDT

    SINGAPORE, Mar 22, 2017 - (ACN Newswire) - As the world marks World Water Day, CropLife Asia took the opportunity to encourage greater awareness around the diminishing availability of this precious resource and highlighted the critical role that plant science technology plays in promoting greater water conservation in agriculture use. Projections have the global population eclipsing nine billion inhabitants by the year 2050, and Asia alone likely to have one billion more people calling it home by then. According to the Food and Agriculture Organization (FAO) of the United Nations, growers around the world will need to produce as much as 70% more food than today to meet the expected needs of our population in 2050.

  • Interpretation on the 2016 Annual Results of V1 Group ACN Newswire - Wed, Mar 22, 2017 4:00 PM AEDT

    Profit of the Group for the full year of 2015 amounted to HK$0.22 billion, loss for the full year of 2016 was HK$0.98 billion, it is mainly due to significant impairment losses of intangible assets, goodwill, interest in an associate and amount due from an associate. In response to the new market situation and industry development direction, V1 Group timely adjusted its business layout. According to the 2016 annual results announcement, impairment goodwill of lottery-related business which amounted to HK$0.16 billion and the impairment of intangible assets of lottery-related business which amounted to HK$0.25 billion were the main reason for the Group's loss in 2016.

  • "SignaalPlus Enterprise Connect" Utilizes NEC Small Cells and Mobile Edge Applications ACN Newswire - Wed, Mar 22, 2017 3:04 PM AEDT

    TOKYO, Mar 22, 2017 - (JCN Newswire) - NEC Corporation (TSE: NEC 6701) announced today that Vodafone Netherlands is driving the mobile Unified Communication (UC) market forward by leveraging NEC's Small Cells combined with Mobile Edge Computing (MEC) applications to deliver guaranteed indoor coverage and highly secure enterprise connected communication. SignaalPlus Enterprise Connect allows mobile devices to seamlessly attach to the enterprise UC on premise as a standard UC endpoint and offer a full range of mobile and UC services.

  • Yip's Chemical Announces 2016 Annual Results ACN Newswire - Wed, Mar 22, 2017 12:02 AM AEDT

    HONG KONG, Mar 21, 2017 - (ACN Newswire) - Yip's Chemical Holdings Limited (SEHK:00408) ("Yip's Chemical" or the "Group"), the world's largest manufacturer of acetate solvents and one of China's major manufacturers of petrochemical products, today announced its annual results for the year ended 31 December 2016 (the "review period"). - Operating profit of solvents business more than doubled and that of inks business surged by close to 46%, whereas lubricants business turned around to record a profit. Coatings business recorded a 56% drop in operating profit due to re-organization of product lines and a one-off substantial cost commanded by business consolidation.

  • Leading Spring Electronics, ICT & Lighting Fairs Open Next Month ACN Newswire - Tue, Mar 21, 2017 10:00 PM AEDT

    Start-ups, Smart Electronics & Lighting Products to be Showcased HONG KONG, Mar 21, 2017 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong International Lighting ...

  • Kingsoft Announces 2016 Annual Results ACN Newswire - Tue, Mar 21, 2017 9:45 PM AEDT

    HONG KONG, Mar 21, 2017 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company;" HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its audited 2016 annual results and its unaudited 2016 fourth quarter results for the period ended 31 December 2016. Revenue from the online game, Cheetah Mobile, and cloud services, office software and others businesses represented 31%, 53% and 16%, respectively, of the Company's total revenue.

  • 1O1O and Plover Bay Announce Partnership ACN Newswire - Tue, Mar 21, 2017 9:25 PM AEDT

    Introducing Innovative Connectivity Solutions to Enterprise Markets HONG KONG, Mar 21, 2017 - (ACN Newswire) - CSL Mobile Limited ('CSL') and Plover Bay Technologies Limited ('Plover Bay', stock code: ...

  • Jinchuan International Announces Annual Results for the Year Ended 31 December 2016; Effective Cost-Saving … ACN Newswire - Tue, Mar 21, 2017 6:06 PM AEDT

    HONG KONG, Mar 21, 2017 - (ACN Newswire) - Jinchuan Group International Resources Co. Ltd (the "Company", together with its subsidiaries, collectively referred to "the Group" or "Jinchuan International", Stock Code: 2362.HK) today announced its annual results for the year ended 31 December 2016 ("Year Under Review"). Profit attributable to the owners of the company was US$8.3 million (2015: loss of US$291.8 million). Mr. Yang Zhiqiang, the Chairman of Jinchuan Group and the Chairman of the Board of the Directors of Jinchuan International said, "As a result of disappointing China macro-economic data and a strong US dollar, the copper price sustained at low levels during first half of 2016 which strongly affected our Mining Operations section.

  • Huge Opportunities for Business Collaboration between India and Hong Kong ACN Newswire - Tue, Mar 21, 2017 6:00 PM AEDT

    HONG KONG, Mar 21, 2017 - (ACN Newswire) - India is often regarded as the new land of business opportunity. More than 140 business people attended a seminar on "Access to Retail Market in India" with speaker Rakesh Biyani, the Joint Managing Director of Future Retail Ltd. & co-founder of Future Group. The seminar was organised by the Hong Kong Trade Development Council (HKTDC) on 14 March, to learn more about India's retail market and related business opportunities and challenges.

  • Gemalto's HSM Enables Microsoft Azure Information Protection Customers to Maintain Full Control of Encryption … ACN Newswire - Tue, Mar 21, 2017 5:00 PM AEDT

    Organizations can now take advantage of "Hold Your Own Key" capabilities with on-premises SafeNet Luna HSMs to secure confidential data in Microsoft Azure and Microsoft Office 365 AMSTERDAM, ...

  • Fujitsu Develops Technology to Accurately Estimate Optical Network Transmission Performance ACN Newswire - Tue, Mar 21, 2017 2:47 PM AEDT

    TOKYO, Mar 21, 2017 - (JCN Newswire) - Fujitsu Laboratories Ltd. and Fujitsu Laboratories of America, Inc. today announced the development of a new technology to estimate the transmission performance, and to improve the throughput of optical networks. When adding communication paths to existing optical networks using new wavelengths, the transmission speed was previously set at a safe operation level based on design specifications of optical fibers and communication devices.

  • ULVAC Launches NA-1500 Dry Etching System for 600mm Advanced Packaging Substrate ACN Newswire - Tue, Mar 21, 2017 2:00 PM AEDT

    Chigasaki, Japan, Mar 21, 2017 - (JCN Newswire) - ULVAC, Inc. is pleased to introduce the NA-1500 dry etching system for 600mm advanced packaging substrates, providing for uniform Descum and Ti etching ...

  • Large-Scale Hybrid Battery System Demonstration Project to Launch in Germany ACN Newswire - Tue, Mar 21, 2017 1:56 PM AEDT

    Aiming to Build a System and Establish a New Business Model Figure 1: Illustration of the demonstration project Figure 2: Implementation system of demonstration project TOKYO, Mar 21, 2017 - (JCN Newswire) ...

  • JLL is Top Real Estate Investment Advisory Firm in Asia Pacific for Sixth Year in a Row ACN Newswire - Tue, Mar 21, 2017 12:30 PM AEDT

    SINGAPORE, Mar 21, 2017 - (ACN Newswire) - JLL is the number one real estate investment advisory firm in Asia Pacific for the sixth consecutive year, based on data published by Real Capital Analytics (RCA), an independent body that analyses real estate transaction volumes worldwide. According to the data, JLL tops the ranking in Asia Pacific, having achieved the highest value of investment deals overall in 2016 - a total of US$ 20.4 billion, which is 27.5 per cent market share in the region. Of the six real estate investment categories covered by the RCA ranking, JLL came top in three: retail and apartment, in addition to hotels.

  • Shengjing Bank 2016 Annual Results Announcement ACN Newswire - Tue, Mar 21, 2017 3:26 AM AEDT

    HONG KONG, Mar 21, 2017 - (ACN Newswire) - Shengjing Bank Co., Ltd ("Shengjing Bank", or "the Bank", stock code: 2066.HK), the largest city commercial bank in terms of total assets in Northeast China, is pleased to announce its audited annual results for the year ended 31 December 2016 (the "Reporting Period").

  • Shanghai Pharmaceuticals Releases 2016 Annual Results ACN Newswire - Tue, Mar 21, 2017 2:50 AM AEDT

    2607.HK), the integrated pharmaceutical company in the PRC that has leading positions in both pharmaceutical products and service markets, released its 2016 annual results report today. From January to December 2016, Shanghai Pharmaceuticals' operating revenue was RMB120.765 billion, representing an increase of 14.45% on a YoY basis.