Company Results

HTC predicts 2014 first-quarter net loss of up to Tw$3.1 billion

HTC predicts 2014 first-quarter net loss of up to Tw$3.1 billionStruggling Taiwanese device maker HTC said in a Monday statement that it is projecting a net loss of up to Tw$3.1 billion ($102.4 million) for the first quarter of 2014. The net loss forecast by HTC will largely result from weak sales of the company's new flagship devices.

On Australian Trading Debut Nine Entertainment’s Shares Fall

Nine-Entertainment-CoShare prices of Nine Entertainment Co. dropped as much as 3.4 percent on their stock market debut, roughly 14 months after U. S.

Rangatira reports jump in profit

Rangatira reports jump in profitRangatira, the investment company in Wellington today announced its interim result for the six months to 30 September 2013. The company bought a cornerstone stake in beer company Tuatara Brewing this year.  It reported a tenfold jump in first-half profit after selling its stake in engineering service firm Contract Resources and its direct holding in accounting software developer Xero.

China Slowdown Prompts Hugo Boss to Drop 2015 Profit Target

China Slowdown Prompts Hugo Boss to Drop 2015 Profit TargetSlow sales growth in China prompts German fashion house Hugo Boss (BOSSn. DE) to abandon its 2015 profit targets.

The luxury goods industry in recent years have been doing extremely well in China, but a decline in economic growth along with a crackdown on bribery, has affected demand this year.

$34 m net profit posted by Tower which is down 38%

$34 m net profit posted by Tower which is down 38%Tower, posted a 38 per cent fall in full-year profit even as it booked a gain from the sales, as expenses moved ahead of revenue.

The company sold its health, life, and investment units to become a pure general insurer.

The company state a 38% fall in statutory net profit of $34.2 million for the 12 months to September as compared to nearly $56 million the previous year.

Boatbuilder faces loss as a result shares dip

Boatbuilder faces loss as a result shares dip The Auckland-based company Sealegs Corp has posted a greater first-half loss as lesser prices for its amphibious boats cut into margins.

The company made a loss of $604,000 in the six months which ended September 30, as compared to a loss of $134,000 in the same period of the previous year. Sales rose 10 per cent to $8.4 million.

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