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Tobacco

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India's VST Industries Dec-Qtr Profit Rises

Friday, 19 Jan 2018

Jan 19 (Reuters) - VST Industries Ltd ::DEC QUARTER NET PROFIT AFTER TAX 497.6 MILLION RUPEES VERSUS PROFIT 414.5 MILLION RUPEES YEAR AGO.DEC QUARTER INCOME FROM OPERATIONS 2.57 BILLION RUPEES VERSUS 5.61 BILLION RUPEES YEAR AGO.

India's ITC Ltd Dec-Qtr Profit Up About 17 Pct

Friday, 19 Jan 2018

Jan 19 (Reuters) - India's ITC Ltd ::DEC QUARTER PROFIT 30.90 BILLION RUPEES VERSUS PROFIT OF 26.47 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 28.32 BILLION RUPEES.DEC QUARTER REVENUE FROM OPERATIONS 99.52 BILLION RUPEES VERSUS 135.70 BILLION RUPEES LAST YEAR.DEC QUARTER EXCEPTIONAL GAIN 4.13 BILLION RUPEES.

Imperial Brands Says U.S Tax Reform Will Not Impact Adjusted Earnings

Thursday, 18 Jan 2018

Jan 18 (Reuters) - Imperial Brands Plc ::‍US TAX IMPACT.IMPERIAL BRANDS NOTES CHANGES IN US TAX LEGISLATION EFFECTIVE 1 JANUARY 2018​​.‍GROUP'S US DEFERRED TAX ASSETS AND LIABILITIES WILL BE REVALUED TO TAKE ACCOUNT OF CORPORATE TAX RATE​.NEW US TAX LEGISLATION EXPECTED TO RESULT IN ONE-OFF CREDIT OF £20M, WILL NOT IMPACT ADJUSTED EARNINGS.‍CONTINUE TO EXPECT AN OVERALL ADJUSTED EFFECTIVE TAX RATE FOR GROUP OF AROUND 20%​.ANTICIPATE THAT REDUCED TAXATION OF US EARNINGS WILL RESULT IN A BENEFIT OF LESS THAN 1% TO GROUP ADJUSTED EFFECTIVE TAX RATE​​.

Anhui Genuine New Materials To Acquire Dafeng Technology For 130 Million Yuan

Thursday, 18 Jan 2018

Jan 18 (Reuters) - Anhui Genuine New Materials Co Ltd <603429.SS>::SAYS IT PLANS TO ACQUIRE DAFENG TECHNOLOGY FOR 130 MILLION YUAN ($20.25 million).

Anhui Genuine New Materials buys 70 pct stake in Qujing-based printing firm

Monday, 15 Jan 2018

Jan 15(Reuters) - Anhui Genuine New Materials Co Ltd <603429.SS>:Says it acquired 70 percent stake in Qujing-based printing firm .Previous news was disclosed on Jan. 12.

Anhui Genuine New Materials to buy 70 pct stake in printing firm for 45.8 mln yuan

Friday, 12 Jan 2018

Jan 12 (Reuters) - Anhui Genuine New Materials Co Ltd <603429.SS>:Says it will buy 70 percent stake in Qujing-based printing firm for 45.8 million yuan .

BAT Says U.S. Tax Reform To Result In Non-Cash Exceptional Tax Credit

Tuesday, 9 Jan 2018

Jan 9 (Reuters) - British American Tobacco Plc ::IMPACT ON BAT OF NEW US TAX LEGISLATION.‍FOR YEAR TO 31 DECEMBER 2017 ANNOUNCED CHANGES WILL HAVE NO IMPACT ON GROUP'S UNDERLYING EFFECTIVE TAX RATE​.‍FOR YEAR TO 31 DEC, CURRENTLY ANTICIPATE THAT CHANGES WILL REDUCE GROUP'S EFFECTIVE TAX RATE PERCENTAGE TO HIGH-TWENTIES​.‍ANTICIPATE THAT CHANGES WILL RESULT IN A NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES ​.‍ALL OTHER THINGS BEING EQUAL, CHANGES WOULD RESULT IN A BENEFIT OF 6% TO FULL YEAR 2018 EARNINGS PER SHARE​.‍NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES ARISING FROM ACQUISITION OF REYNOLDS AMERICAN INC​.

JAPAN TOBACCO in deal to buy 30.95 pct stake in Ethiopia-based tobacco firm

Thursday, 21 Dec 2017

Dec 21 (Reuters) - JAPAN TOBACCO INC <2914.T> ::Says it is in deal to acquire 30.95 percent stake in an Ethiopia-based tobacco firm National Tobacco Enterprise Share Company (NET), for $434.1 million, on Dec. 21.Co will raise stake in NET to 70.95 percent up from 40 percent currently .

Essentra Acquires Micro Plastics For Undisclosed Sum

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - Essentra Plc ::ACQUIRED 100 PCT OF SHARE CAPITAL OF MICRO PLASTICS FOR AN UNDISCLOSED CASH CONSIDERATION.

British American Tobacco Says ‍Trading Is In Line With Expectations​

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - British American Tobacco Plc ::‍TRADING IS IN LINE WITH OUR EXPECTATIONS​.‍FULL YEAR EPS TO BENEFIT FROM A REDUCED CURRENCY TRANSLATION TAILWIND OF 5%​.‍ANTICIPATE FULL YEAR INDUSTRY VOLUME TO BE DOWN AROUND 4%​.‍ORGANIC PRICE MIX IS EXPECTED TO MODERATE IN H2​.‍FULL YEAR ORGANIC PRICE MIX IS EXPECTED TO REMAIN WITHIN HISTORIC RANGES​.‍REYNOLDS AMERICAN INC. (RAI) INTEGRATION ON TRACK, WITH BUSINESSES PERFORMING STRONGLY, DRIVEN BY GOOD SHARE GROWTH AND PRICING​.

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