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Textiles & Leather Goods

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Teijin to merge with fiber unit

Thursday, 30 Nov 2017

Nov 30(Reuters) - Teijin Ltd <3401.T>:Says it will merge with a Tokyo-based fiber consolidated subsidiary.Merger effective April 1, 2018.Says the subsidiary will be dissolved after the merger .

India's Arvind Sept-qtr consol profit down 14 pct

Wednesday, 8 Nov 2017

Nov 8 (Reuters) - Arvind Ltd ::Sept quarter consol net profit 617.7 million rupees versus 717 million rupees last year.Arvind ltd consensus forecast for sept quarter consol profit was 694 million rupees.Sept quarter consol revenue from operations 26.28 billion rupees versus 23.31 billion rupees last year.Says gst implementation impacted co's domestic textile business‍​ in quarter ‍​.Says going forward, expect transitionary impact of gst to settle down ‍​.

Shandong Ruyi Woolen Garment Group sees FY 2017 net profit up 22.07 pct to 67.85 pct

Wednesday, 25 Oct 2017

Oct 25(Reuters) - Shandong Ruyi Woolen Garment Group Co Ltd <002193.SZ> ::Sees FY 2017 net profit to increase by 22.07 percent to 67.85 percent, or to be 40 million yuan to 55 million yuan.Says FY 2016 net profit was 32.8 million yuan.The reasons for the forecast are expanded business scale and extended industrial chain.

Toabo to merge with wholly owned unit

Wednesday, 25 Oct 2017

Oct 25 (Reuters) - Toabo Corp <3204.T>:Says it will merge with wholly owned unit, which is engaged in real estate business and store leasing business, effective Dec. 31.Says the unit will be dissolved after merger .

Gosun Holding sees 9-month net profit up after restructuring

Friday, 13 Oct 2017

Oct 13 (Reuters) - Gosun Holding Co Ltd <000971.SZ>:Sees net profit for FY 2017 Q1 to Q3 to be 117 million yuan to 132 million yuan.Says the net profit of FY 2016 Q1 to Q3 was 90.3 million yuan after restructuring .Comments that increased business income and inclusion of new company as the main reasons for the forecast.

Dogi to transfer its registered office to Madrid

Friday, 6 Oct 2017

Oct 6 (Reuters) - DOGI INTERNATIONAL FABRICS SA ::SAID LATE ON THURSDAY ITS BOARD HAS AGREED TO INITIATE PROCEDURES TO TRANSFER REGISTERED OFFICE OF COMPANY TO MADRID IN ORDER TO OPTIMIZE OPERATIONS AND RELATIONSHIP WITH ITS INVESTORS.

Leeds Group says trading performance of operating subsidiaries in H2 below expectations

Thursday, 25 May 2017

May 25 (Reuters) - Leeds Group Plc :Trading performance of operating subsidiaries in second half of year has been below expectations.Restructuring taking longer than expected.Group profit before tax for full year is therefore expected to be lower than what was reported last year.Trading performance at operating subsidiaries was lower than expectations in H1.

Co-Prosperity unit terminates sale and purchase agreement

Wednesday, 15 Feb 2017

Co-Prosperity Holdings Limited <0707.HK> : Refers to announcements in relation to MOU and sale and purchase agreement between unit, Gu capital, century galaxy international and gu shangcong . CPIL exercised its rights to terminate agreement by serving a termination letter to parties on 15 feb 2017 .Termination of agreement will not have any material adverse impact on existing business of group.

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