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Chongqing Zaisheng Technology sees Q1 to Q3 of FY 2017 net profit up 50 pct to 70 pct

Monday, 16 Oct 2017

Oct 16 (Reuters) - Chongqing Zaisheng Technology Co Ltd <603601.SS>:Sees net profit for FY 2017 Q1 to Q3 to increase 50 percent to 70 percent.Says the net profit of FY 2016 Q1 to Q3 was 48.5 million yuan.Comments that inclusion of new unit and increased business income as the main reason for the forecast.

‍Venator to close two manufacturing sites as part of $90 mln business improvement plan​

Monday, 18 Sep 2017

Sept 18 (Reuters) - Venator Materials Plc :‍Venator to close two manufacturing sites as part of $90 million business improvement plan​.Venator Materials Plc - ‍It intends to close its Easton and St Louis color pigments manufacturing sites by end of 2017​.

Omnova Solutions sees $14 mln to $17 mln in expected annual operating savings

Thursday, 6 Oct 2016

Omnova Solutions Inc :Sees $14 million to $17 million in expected annual operating savings in 2017 from restructuring activities - SEC filing.

Ferro reports Q2 adj. earnings $0.34/shr from continuing operations

Wednesday, 27 Jul 2016

Ferro Corp : Ferro reports increased earnings for second quarter 2016 driven by higher sales and gross profit margins . Q2 adjusted earnings per share $0.34 from continuing operations . Q2 earnings per share $0.29 from continuing operations . Q2 sales $298 million versus I/B/E/S view $304 million . Raises FY 2016 adjusted earnings per share view to $1.00 to $1.05 . Q2 earnings per share view $0.27 -- Thomson Reuters I/B/E/S . Approved new stock repurchase program to repurchase up to an additional $25 million of company's outstanding common stock . Sees FY constant currency sales growth 10.5 pct - 11.5 pct . Sees FY consolidated gross profit margin 30.5 pct - 31.0 pct . Identified "efficiency optimization opportunities" that are expected to increase profitability by $20 - $30 million annually . Identified "efficiency optimization opportunities" expected to be over next three years .FY2016 earnings per share view $0.97, revenue view $1.14 billion -- Thomson Reuters I/B/E/S.


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