Texwinca's textile segment poised for a comeback
But its retail division to face a slight blip.According to Maybank Kim Eng, its recent chat with Texwinca pointed to a solid recovery in textile sales in 2HFY3/13, sustained by a high utilisation rate...
View ArticleVinda's sales fell behind management's 25% growth forecast
Here's what to blame.According to Maybank Kim Eng, YoY 1Q13 sales growth fell behind management's FY13 guidance of 25% YoY growth, mostly attributable to ASP pressure amid large promotional discounts...
View ArticleWhy Chinese firms in Hong Kong need reputation/brand alignment
Most Chinese companies in Hong Kong understand why their reputation is important. It's a bit like your health: if you don't have it, nothing else matters. But many companies make the mistake of...
View ArticleSkyworth Digital net profit to soar 11% to HKD1,597m
On the back of 31% jump in revenue. According to Maybank Kim Eng, Skyworth is scheduled to report its full-year results by end of May. It expects the company to report core net profit of HKD1,597m, up...
View ArticleAGTech Holdings unveils issuance of 407m new shares
Shares are worth HK$0.345 each. According to a release, AGTech Holdings Limited announced that it has entered into a placing agreement to not fewer than six independent individual, corporate,...
View ArticleVTech's net profit up 5% to USD202m
Thanks to strong electronic learning products.According to Maybank Kim Eng, VTech’s FY3/13 net profit rose by 5% YoY to USD202m, within its estimates of USD204m and consensus of USD200m.Here's...
View ArticleSunny Optical's handset camera modules shipment soared 52% to 44m units
Competitors must brace for more positive surprises.According to Maybank Kim Eng, Sunny Optical reported a record high shipment of handset camera modules (HCMs) in April. HCM shipments have risen 52%...
View ArticleMan Wah's net profit soared 87.4% to HKD568m
Check out these 2 growth boosters.According to Maybank Kim Eng, MW announced its FY3/13A results after the morning trading session yesterday. Net profit rose 87.4% YoY to HKD568m, which is above...
View ArticleTop Hong Kong toymaker abandons China
China now too expensive for toy making. Lung Cheong International Holdings, Ltd. said that building another factory in Indonesia and pulling manufacturing away from increasingly expensive Chinese...
View ArticleLee & Man Paper's net profit predicted to jump to HK$931m
Rebound in OCC prices recorded in June and July. According to Maybank Kim Eng, it expects LMP’s 1H13 net profit to increase to HKD931m. This represents 47% of Maybank's full-year estimates. There...
View ArticleKarrie International's profits soared 65% to HK$41.9m
Thanks to its strong manufacturing business.According to a release, Karrie International Holdings Limited's profit after tax increased significantly by 65% to approximately HK$41,937,000, of which...
View ArticleWarning out on two models of Bosch dishwashers
They may may overheat and cause fire.read more
View ArticleCheck out BASF’s new environment-friendly headquarters
The company cuts 50% of its electricity consumption every month through LED lighting. BASF, which bills itself as the world’s leading chemical company, recently renovated its regional office in...
View ArticleWhy Asia electronics production are feared to weaken in October
Clue: The US is involved. Electronics production in Asia may weaken in October, if HSBC Global Research's Asian Electronics Tracker (AET) suggestions are to be believed. According to a research note...
View ArticleHKB honors Hong Kong's largest, most innovative firms
Check out who the winners are.Hong Kong Business Magazine honored the city's biggest and most innovative firms at an awards ceremony held yesterday at Island Shangri-La Hong Kong.Around 100 executives...
View ArticleChina steel exports to remain elevated in 2017: Fitch
Submitted By: Krisana Gallezo-Estaura Case Study: No Consumption expected to stay at 700-705m MT.Fitch Ratings expects Chinese steel exports to remain at around 100 million metric tons (Mt) in 2017,...
View ArticleHong Kong's private sector grows at its fastest rate in three years
Submitted By: Gerv Tacadena Case Study: No PMI rose from 49.9 to 51.1 in April.South China Morning Post reported that Hong Kong’s private sector grew at its fastest rate in more than three years last...
View ArticleHong Kong Business opens nominations for the inaugural Made in Hong Kong...
Submitted By: Roxanne Uy Case Study: No Nominations will close on 20 October 2017.Hong Kong Business is now accepting nominations for the inaugural Made in Hong Kong Awards 2017.The Made in Hong Kong...
View ArticleSunny Optical predicted to add lens capacities
Submitted By: Karen Mesina Case Study: No As it eyes to capture dual cam driven market growth.Sunny reported August shipment data on 11 Sep after market close. According to Jefferies, all three...
View ArticleHong Kong's high-value pharmaceuticals to face headwinds
Submitted By: Karen Mesina Case Study: No No thanks to unregulated pricing regime.Hong Kong's pharmaceutical market will continue to see positive growth over the coming years, according to BMI...
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