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Diversified Trading & Distributing

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India's Sarthak Industries Sept-Qtr Profit Falls

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Sarthak Industries Ltd ::SEPT QUARTER NET PROFIT 1.1 MILLION RUPEES VERSUS PROFIT 2.8 MILLION RUPEES YEAR AGO.SEPT QUARTER REVENUE FROM OPERATIONS 300.7 MILLION RUPEES VERSUS 243.1 MILLION RUPEES YEAR AGO.

Li & Fung Sells Furniture, Beauty & Sweaters Product Verticals To True Sage For US$1,100 Mln

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Li & Fung Ltd <0494.HK>::BOARD PROPOSES SPECIAL DIVIDEND OF ABOUT US$0.0614 PER SHARE.DUE TO DIVESTMENT, GROUP EXPECTS TO RECOGNISE LOSS OF ABOUT US$610 MILLION ATTRIBUTABLE TO DISCONTINUED OPERATIONS.TO DIVEST TARGET BUSINESS FOR CONSIDERATION OF US$1,100 MILLION​ TO TRUE SAGE.EXPECTED STRATEGIC DIVESTMENT'S ESTIMATED LOSS TO TRIGGER GROUP REPORTING TOTAL NET LOSS ATTRIBUTABLE TO SHAREHOLDERS IN 2017.‍TARGET BUSINESS COMPRISES FURNITURE, BEAUTY AND SWEATERS PRODUCT VERTICALS UNDER PRODUCTS SEGMENT​.DIVESTMENT'S CLOSING TO TRIGGER REALISATION OF ABOUT US$106 MILLION OF PRIOR PERIOD FOREIGN EXCHANGE NON-CASH TRANSLATION LOSSES.

Bunzl says FY Group Revenue For Year Is Expected To Have Increased By About 15%

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Bunzl Plc ::TO BUY LIGHTNING PACKAGING, WHICH REPORTED REVENUE OF 14 MILLION STG FOR YEAR ENDED MARCH 2017 .GROUP REVENUE FOR YEAR IS EXPECTED TO HAVE INCREASED BY APPROXIMATELY 15% AT ACTUAL EXCHANGE RATES.GROWTH IN ORGANIC REVENUE IS PRINCIPALLY DUE TO PREVIOUSLY ANNOUNCED ADDITIONAL BUSINESS WON IN NORTH AMERICA TOWARDS END OF 2016.AT CONSTANT EXCHANGE RATES FY REVENUE IS EXPECTED TO HAVE RISEN BY BETWEEN 9% AND 10%.PIPELINE FOR ACQUISITIONS REMAINS ACTIVE.YEAR HAS SEEN ACQUISITION SPEND FOR BUNZL OF APPROXIMATELY £600 MILLION WHICH EXCEEDS PREVIOUS HIGH OF £327 MILLION ACHIEVED IN 2015.

Noble Group Says Noble Americas South Bend Ethanol Llc Disposal Completed

Tuesday, 12 Dec 2017

Dec 13 (Reuters) - Noble Group Ltd ::PROPOSED NOBLE AMERICAS SOUTH BEND ETHANOL LLC DISPOSAL WAS COMPLETED ON DEC 12.

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