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Tag: record profits
China's coal-fired power producers face tougher times after record profits this year
2016-02-29 16:16:46| Energy - Topix.net
The mainland's coal-fired power generation industry faces a double whammy of over-capacity and rising competition as a result of gradual power price liberalisation, even though profitability has been propped up by sinking coal prices in the past few years. Analysts say power producers will have to exercise restraint on new capacity expansion, or else risk seeing utilisation fall below last year's 15-year low and eat into profit margins, especially if coal prices find a bottom after four years of precipitous falls.
Sika AG Announces Record Profits for 2015
2016-02-26 06:00:00| Coatings World Breaking News
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Tyson Foods executive predicts record profits for 2016
2016-02-07 00:36:52| Food - Topix.net
Executives at Tyson Foods, Inc. are predicting record profits for the year, helped along by a steep drop in feed and livestock costs.
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Airlines reap record profits, and passengers get peanuts
2016-02-06 23:38:29| Airlines - Topix.net
Helped by falling oil prices, airlines are reporting record profits, but for many passengers this sudden bonanza has meant little more than extra bags of free peanuts and pretzels. The four biggest domestic carriers - American Airlines, Southwest Airlines, Delta Air Lines and United Airlines - together earned about $22 billion in profits last year, a stunning turnaround after a decade of losses, bankruptcies and cutbacks.
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Tyson Foods Projects Record Profits; Shares Hit All-Time High
2016-02-06 20:59:23| Food - Topix.net
When adjusted for one-time items in the comparable quarter previous year, Tyson's operating income rose from $564 million in the first quarter of 2015 to $776 million, an increase of almost 38%. The company reported $1.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.26.
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