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Tires & Rubber Products

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Jiangyin Haida Rubber and Plastic sees Q1 to Q3 of FY 2017 net profit up 55 pct to 75 pct

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Jiangyin Haida Rubber and Plastic Co Ltd <300320.SZ>:Sees net profit for FY 2017 Q1 to Q3 to increase 55 percent to 75 percent, or to be 93.7 million yuan to 105.8 million yuan.Says the net profit of FY 2016 Q1 to Q3 was 60.5 million yuan.Comments that increased business income as the main reason for the forecast.

Semperit says oper earnings below expectations in H2/2017​

Monday, 9 Oct 2017

Oct 9 (Reuters) - SEMPERIT AG HOLDING ::OPERATIONAL EARNINGS SITUATION OF SEMPERIT GROUP WILL REMAIN BELOW EXPECTATIONS IN SECOND HALF OF 2017​.‍DO NOT EXPECT SIGNIFICANT IMPROVEMENT IN OPERATIONAL BUSINESS FOR THIRD AND FOURTH QUARTERS OF 2017 ON CURRENT BASIS​.‍OPERATING RESULT IS MAINLY BURDENED BY VOLATILITY OF RAW MATERIAL PRICES AS WELL AS OPERATIONAL CHALLENGES​.‍OUTLOOK WILL REMAIN SUSPENDED FOR COMING QUARTERS​.SEMPERIT - ‍DECIDED ON COMPREHENSIVE ANALYSES AND STRATEGY PROCESS EXPECTED TO BE COMPLETED IN Q2 2018 AND WILL CREATE ONGOING EXPENSES IN THIS PERIOD​.‍SIGNIFICANT NON-RECURRING CHARGES CANNOT BE RULED OUT IN COMING QUARTERS​.

Jiangyin Haida Rubber and Plastic sees H1 FY 2017 net profit up 40 pct to 60 pct

Saturday, 15 Jul 2017

July 15(Reuters) - Jiangyin Haida Rubber and Plastic Co Ltd <300320.SZ> ::* Sees H1 FY 2017 net profit to increase by 40 percent to 60 percent, or to be 57.7 million yuan to 65.9 million yuan.* Says H1 FY 2016 net profit was 41.2 million yuan.* The reason for the forecast is increased revenue of company shipping, construction, rail transportation and automobile field business .

Yokohama Rubber updates on fire incident at plant of wholly-owned unit

Tuesday, 23 May 2017

May 23(Reuters) - Yokohama Rubber Co Ltd <5101.T>:Says fire incident happened in the east plant of a wholly- owned unit YOKOHAMA TIRE PHILIPPINES,INC., on May 14.Says buildings, production facilities and product in warehouse were burnt down.Says plant of unit partially resumed production on May 20.Says other details not disclosed.

Goodyear Tire to pay $1.75 mln after four fatal accidents at Danville plant

Friday, 10 Feb 2017

: Virginia Department of Labor and Ministry - comprehensive settlement of VOSH cases reached following fatal accidents at Goodyear’s Danville plant . Virginia Department of Labor and Ministry-agreement provides for total of $1.75 million in penalties, $1 million of which will be paid by Goodyear to the Commonwealth .Virginia Department of Labor and Ministry-Virginia Occupational Safety and Health program announced agreement with Goodyear and United Steelworkers.

BRIEF-Sameer Africa sees FY earnings to be lower by more than 25%

Thursday, 1 Sep 2016

Sameer Africa Ltd : Says Board resolved to cease manufacture of tyres and allied products at Sameer Africa factory in Nairobi . Says to commence off-shore production by tyre manufacturers domiciled in China and India . Says to incur one-off charge in respect of plant and inventory impairment and employee severance cost about 725 million shillings . Says earnings for current financial year expected to be lower by more than 25% of earnings reported same period in 2015 Source : http://j.mp/2bTJLnd Further company coverage: [FIRE.NR] (Bangalore.newsroom@thomsonreuters.com) Keywords: (CORRECTED).

Shoko says reorganization in units

Friday, 17 Jun 2016

Shoko Co Ltd <8090.T> : Says it plans to transfer its science system business to its wholly owned subsidiary SKS, on Oct. 1 .Says SKS to merge the company's another wholly owned subsidiary SIS which to be dissolved after the transaction, effective on Oct. 1.

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