Industrial Machinery / Equipment

SHIMA SEIKI MFG lowers full-year consolidated outlook and raises year-end dividend forecast for FY 2014

SHIMA SEIKI MFG LTD:Lowered full-year consolidated outlook for fiscal year ended March 31, 2014.Full-year revenue outlook of 40,600 mln yen lowered from 47,000 mln yen.Full-year operating profit outlook of 2,700 mln yen lowered from 5,700 mln yen.Full-year ordinary profit outlook of 7,300 mln yen...

Friday, 18 Apr 2014

Jiangsu Shentong Valve issues FY 2014 H1 net profit outlook

Jiangsu Shentong Valve Co Ltd:Sees net profit for the first half of fiscal year (FY) 2014 to fluctuate by -10 pct to 10 pct, or to be 28,484,700 yuan to 34,814,700 yuan.The net profit of the same period in FY 2013 was 31,649,700 yuan.Comments that stable business performance and increased...

Friday, 18 Apr 2014

Wuhan Guide Infrared issues FY 2014 H1 net profit outlook

Wuhan Guide Infrared Co Ltd:Sees net profit for the first half of fiscal year (FY) 2014 to fluctuate by -20 pct to 10 pct, or to be 41,356,000 yuan to 56,864,500 yuan.The net profit of the same period in FY 2013 was 51,695,000 yuan.Comments that increased costs as the main reason for the forecast.

Friday, 18 Apr 2014

Neway Valve Suzhou announces FY 2013 dividend payment

Neway Valve Suzhou Co Ltd:To pay cash dividend of 3.5 yuan per 10 shares (before tax) to shareholders for fiscal year 2013.

Friday, 18 Apr 2014

Dover Corp reaffirms FY 2014 outlook

Dover Corp:Expects FY 2014 organic revenue growth of 3-4 pct, complemented by growth from completed acquisitions of 3 pct, resulting in total revenue growth of 6-7 pct.Expects FY 2014 diluted earnings per share from continuing operations in the range of $4.60 to $4.80.The company reported revenue of...

Thursday, 17 Apr 2014

Group Gorge announces acquisition of Infotron by ECA

Group Gorge SA:Says its subsidiary ECA to acquire 100 pct of Infotron from Remote Reward.Acquisition is being paid for with 2.5 million euros in cash and 375,000 new ECA shares.To accelerate completion of deal, given legal delays involved in issuing new shares, Groupe Gorge will provisionally take...

Thursday, 17 Apr 2014

Amatei to sell property and expects extraordinary profit for Q2 of FY 2015

Amatei Inc:To sell a property located in Amagasaki City, Japan, to a Amagasaki-based chemical machinery company, for 113 mln yen on Sep. 30.Sees extraordinary profit of about 70 mln yen as gain on sale of the property, for second quarter of fiscal ending March 2015.

Thursday, 17 Apr 2014

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