Lasseters International Holdings reported a 16% increase in revenues to A$42.4 million ($54 million) and a loss of A$789,000 for the six months ended Dec 31, 2010. The company had reported earnings of A$164,000 in the same period last year. Lasseters says it continues to be impacted by the poor performance of the Cypress Lake Group, which is in the resorts, spas and health retreats business.
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There could be several reasons for access database corruption. A damaged .accdb file can result into data unavailability. Workstations on different service packs to insufficient hard disk space for the temporary folder or virtual memory or Improper system shutdown or application malfunction are the main causes for access database file corruption (.accdb).
India suffered a crushing 135 runs loss against South Africa in the first One-day International at the Kingsmead Stadium here Wednesday. The result comes as a rude shock for the Indian cricket selectors, who in a few days time will be declaring the squad for the World Cup that would be held in the sub-continent [...]
If you have not altered your original Exchange profile, then there are good chances of getting back the access to your email data of Exchange client (Outlook) in the offline mode with your old OST file. SysTools OST Recovery software can convert OST Outlook.
Mainboard-listed ecoWise Holdings says it registered a loss attributable to equity holders of $1.3 million in FY2010 mainly due to asset disposal in Wuhan related to the conversion of a coal-fired co-generation plant to a biomass co-generation plant, lower used copper slag-related activities and new business/project development costs. Revenue grew by 19.8% year-on-year to $37.59 million, mainly due to acquisition of Malaysia subsidiaries in the business of tyre retreading and rubber compound manufacturing in July 2010.
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DMG downgrades CNA Group (5GC.SG) to Sell from Neutral, cuts target to $0.19 from $0.23; following divestment of 49.9%-owned Standard Water, (tips transaction results in loss of around $19.8 million, accounted for FY10).
“We believe CNA will be mired in losses to the tune of $12.2 million in FY10. While we expect it to return to the black in FY11, it will likely be below our initial forecast of $6.4 million.”
China Sports International (FQ8.SG) flat at $0.11 on light volume, barely fazed by termination of distribution agreement with global football governing body Fifa.
Sportswear retailer in January secured exclusive rights from brand management firm Global Brands Group to sell Fifa merchandise in China, but now says Fifa has terminated Global Brands agreement with immediate effect.
Reason not disclosed.
Sales of Fifa products less than 1.0% of RMB963 million ($189.8 million) group revenue for first 9 months of FY10. Still, CIMB, which has no rating, says “unexpected turn of events” will add pressure to company at when time it’s struggling to boost earnings; “we believe it will crimp China Sports’ ability to boost revenue.”
Net profit for 9 months ended September down 52.8% on-year at RMB53.0 million as revenue 36.1% lower at RMB963.0 million on increasing competition. Orderbook quotes hint stock may stay in $0.105-$0.11 intraday range.
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Broadway Industrial Group says it may have suffered a loss of RMB 2 million ($400,000) as the result of the fire which broke out on the morning of Nov 19 out at its rented factory premises of its subsidiary, Shenzhen Broadway Total Packaging Solution Co., in Shenzhen, China.
But Broadway says the actual loss could be lower as the facility is covered by fire insurance and expects “minimal impact” to the company’s overall consolidated financials for the year ending Dec 31 2010.
Broadway says although there were no casualties caused by the fire and no serious damage to equipment and machinery, some stocks were damaged as the fire broke out in the storage area of the facility.
The affected customers have since been informed and the company has taken measures to ensure minimal disruption to its operations.
The cause of the fire is under investigation.
The company has eight foam plastic facilities in China, which serve a diversified base of multinational customers in the consumer electronics, automotive, construction and other industries.
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Growing up in the spotlight was hard on Kelly Osbourne, who recalls how being called fat in the press as a kid destroyed her self-esteem. “It sets you up to hate yourself in a huge way,” says the newly slim 26-year-old, who appears on the cover of the December issue of Shape Magazine, on sale [...]
A new study has revealed that non-smokers who repeatedly breathe in others” tobacco smoke are more likely to have some degree of hearing loss. Researchers studied a total of 3307 adults aged between 20 and 69. The degree of hearing loss in each ear was assessed by testing the ability to hear pure tones over [...]
Sino Techfibre, the producer of microfibre, polyurethane (PU) synthetic leather and pattern moulding paper (PMP) in China, today announced that it registered a net loss of RMB51.5 million ($10 million) for the three months ended 30 September 2010, on the back of a 7.4% rise in group revenue to RMB279.2 million.
Tung Lok Restaurants (2000) announced today a net attributable profit for the six months ended 30 September (1HFY11) of $322,000, reversing a loss of $871,000 a year earlier, as revenue rose in line with economic recovery and the opening of five new outlets in Singapore.
The Singapore Exchange Catalist-listed restaurant chain said the net profit was achieved on the back of a 25% rise in revenue to $44.3 million in 1HFY11 from $35.6 million in 1HFY10 as consumer confidence in Singapore increased.
Mainboard-listed integrated energy services provider, KS Energy Services, today announced a net loss of $11.6 million for the third quarter ended 30 September 2010 due to lower sales and capital equipment awaiting deployment.
Compared to the same period last year, the group saw a 30.5% decrease in its revenue $103.4 million due to lower contributions from both its distribution and drilling businesses. Demand for parts and components in the oil and gas industry in general were still weak as customers continued to adopt a conservative outlook. On the drilling front, performance of the business was affected by some of the roup’s drilling assets awaiting charter commencement with their new customers.
The Trend Micro survey found IT managers are not doing enough to train employees about data loss risks. – Viruses, trojans, data-stealing malware, and data leaks were rated as big IT concerns among small businesses, according to Trend Micro’s 2010 corporate end user survey, which included 1600 end users in the U.S., U.K., Germany and Japan. On average, 63 percent of small businesses were most concerned …
Think Environmental Co expects to incur losses for the first 6 months of FY2011 from 1 April 2010 to 30 September 2010 (HY2011).
The main factors for the expected losses are delay in the commencement of operations of the company’s green business units and from operational costs incurred in the green business.
The directors expect to release the HY2011 announcement before 15 November 2010 where further details of the group’s performance will be provided.
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Asia Environment Holdings says the group expects a loss for 3rd quarter 2010.
Asia Environment attributes the loss to decreasing revenue, higher finance cost and provision made for doubtful debts.
The company expects to finalise and announce its unaudited results for third quarter and period ended 30 September 2010 by mid-November 2010.
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Swissco Holdings says the group incurred net loss of $1.05 million for the half year ending Aug 31 2010 (HY2011) due mainly to the higher operating expenses in the acquisition of SIL Group and lower charter revenue.
Group revenue increased marginally by 0.6% to $1.94 million from $1.93 million due mainly to higher service fee of $0.96 million recognised in HY2011 compared to $0.46 million recognised in HY2010.
Japan Land says it expects to report a loss for the 3 months ended 31 August 2010 (1QFY2011) as the group has ceased recognising revenue from data centre arrangement contract and project management contract in the current year as they have been terminated with effect from 31 May 2010.
However, the group continues to earn project advisory and management fees for new projects.
The group also expects to show losses arising from its underlying business operations for the next 9 months of the financial year ending 31 May 2011.
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China Dairy Group says the group expects to register a net loss for 3Q FY2010 and FY2010.
Earlier in August, the group had reported a consolidated loss for the first half year ended 30 June 2010.
As disclosed in the results announcement on Aug 11, the rising prices of key raw materials will continue to exert pressure on the group’s profit margin in 2010. The company had also anticipated that competition in China milk industry will remain intense.
