Month: August 2024

NKT A/S Q2 2024 Interim Report: 29% organic growth and record quarterly EBITDA

Written by Customer Service on August 16, 2024. Posted in Earnings Releases And Operating Results.

Company Announcement 16 August 2024Announcement No. 28 NKT A/S Q2 2024 Interim Report: 29% organic growth and record quarterly EBITDA NKT CEO Claes Westerlind says: – In Q2 2024, we continued to execute on our high-voltage order backlog and ongoing investments across business lines, while also delivering continued double-digit growth in revenue and EBITDA. Furthermore, we made strong strategic progress, successfully divesting NKT Photonics and completing the acquisition of Portuguese cable manufacturer, SolidAl. NKT’s position as a pure-play cable manufacturer has been strengthened by this acquisition and we remain well positioned to benefit from robust demand across our power transmission and distribution businesses. Financial highlights EURm Q2 2024 Q2 2023 H1 2024 H1 2023Revenue* 605 468 1,139 890Organic growth 29% 26% 28% 30%Operational...

Construction contract (Uusküla spa hotel)

Written by Customer Service on August 16, 2024. Posted in Public Companies.

Nordecon AS and its subsidiary Embach Ehitus OÜ as joint bidders and Loodusspaahotell OÜ have signed a general construction contract for the construction of the Uusküla spa hotel in Alutaguse municipality. The nature spa hotel, designed to blend into the natural environment on the northern shore of Lake Peipus, will meet the quality requirements for LEED environmental certification at the gold level. The expected deadline for the construction works is summer of 2026, with the contract valued at 28.3 million euros, excluding VAT. Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Ukraine and Sweden. The parent of the Group is Nordecon AS, a company registered...

China Medical System （00867） Released its 2024 Interim Results: Steady Increase in Revenue and Profit Compared with 2H 2023

Written by Customer Service on August 16, 2024. Posted in Public Companies.

CMS enters the “New Product Era” driven by exclusive and innovative products, with exclusive and innovative drugs revenue accounts for over 56%. SHENZHEN, CHINA, Aug. 15, 2024 (GLOBE NEWSWIRE) — On August 15, 2024, China Medical System Holdings Limited (“CMS” or the “Company”) released its 2024 interim results announcement, with a steady increase in overall revenue and profit for the period compared to the second half (2H) of 2023. In the first half (1H) of 2024, the Company recorded a turnover of RMB3,611.1 million, representing a decrease of 21.7% compared with 1H 2023, an increase of 6.1% compared with 2H 2023. In the case that all medicines were directly sold by the Company, the turnover was RMB4,287.5 million, representing a decrease of 22.6% compared with 1H 2023, an increase of 8.9% compared with 2H 2023; Among...

UPDATE – AXIL Brands, Inc. Reports Record Fiscal Year 2024 Financial Results

Written by Customer Service on August 16, 2024. Posted in Earnings Releases And Operating Results.

LOS ANGELES, Aug. 15, 2024 (GLOBE NEWSWIRE) — AXIL Brands, Inc. (“AXIL,” “we,” “us,” “our,” or the “Company”) (NYSE American: AXIL), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3® hair and skin care products, today announced financial and operational results for fiscal year 2024. Highlights for Fiscal Year Ended May 31, 2024 All comparisons are to the full year of the prior year, unless otherwise noted.Consolidated net sales (revenue) increased 17% to a record $27.5 million compared to $23.5 million in the prior year primarily due to the increase in marketing and sales initiatives in our hearing protection and enhancement segment. Cost of sales increased by $1,494,386 or 26%, as compared to the comparable period in 2023 due to increases in our branding and marketing...

EnWave to Report Third Quarter Financial Results on August 22, 2024 and Host Investor Conference Call

Written by Customer Service on August 16, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 15, 2024 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today it will report its financial results for the third quarter ended June 30, 2024 on Thursday, August 22, 2024 after market close. The financial statements and MD&A will be available on SEDAR+ at www.sedarplus.ca and on the Company’s website in the late evening Vancouver time. The Company has scheduled a conference call to discuss the results for Q3 2024 and business outlook on Friday, August 23, 2024 at 7:00 a.m. Pacific Time (10:00 a.m. Eastern Time). Brent Charleton, Chief Executive Officer and Dylan Murray, Chief Financial Officer will present EnWave’s results and host a question and answer period. Conference Call Details:Date: August 23, 2024Time: 7:00am PST...

Lotus Robotics Provides Intelligent Driving Solutions for Lynk&Co’s First All-electric Sedan

Written by Customer Service on August 15, 2024. Posted in Public Companies.

NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent luxury mobility provider, today announced that its intelligent driving arm, Lotus Robotics, has provided intelligent driving solutions to Lynk&Co, a global leading automaker with operations across Europe and Asia. This collaboration marks a significant milestone in the commercialization of the Company’s advanced technology capabilities. The Company celebrates the launch of Lynk&Co Z10, which is the first all-electric flagship sedan of the Lynk&Co brand. The model, inspired by “The Next Day” concept car, features intelligent driving solutions, including highway NOA and urban NOA, provided by Lotus Robotics. Reservations for Lynk&Co Z10 started on Aug 15, 2024. Lotus Robotics,...

Intchains Group Limited Reports Second Quarter 2024 Unaudited Financial Results

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Aug. 15, 2024 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a provider of integrated solutions consisting of high-performance computing ASIC chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ethereum, or ETH, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Operating and Financial HighlightsSales volume of ASIC chips is 274,019 units for the second quarter of 2024, compared to 371,423 units for the same period of 2023, representing a decrease of 26.2%. ASIC chip sales for the second quarter of 2024 consisted of 100,082 units sold directly to customers and 173,937 units embedded in computing equipment for blockchain applications. Revenue was RMB123.0 million (US$16.9 million)...

Perseus appoints new Chief Operating Officer

Written by Customer Service on August 15, 2024. Posted in Public Companies.

Perth, Aug. 16, 2024 (GLOBE NEWSWIRE) — perseus mining appoints new chief operating officer Perth, Western Australia/August 16, 2024/Perseus Mining Limited (ASX/TSX:PRU) is pleased to advise that Ms Amanda Weir will be joining Perseus’s senior leadership team in the role of Chief Operating Officer (COO) from 19th August 2024. Ms Weir’s most recent roles included Chief Transformation Officer and Senior Vice President of Canadian Operations for Newcrest until the company was acquired by Newmont last year. Ms Weir worked on the integration of the Newcrest’s operations into Newmont, before assuming the role of Interim Group Head Mineral Resource Management with Newmont. Prior to her role with Newcrest, Amanda worked with Evolution Mining as General Manager Transformation & Effectiveness and spent over 9 years with BHP in various...

Ranson W. Webster to Retire from Heritage Commerce Corp Board of Directors and Julianne M. Biagini-Komas to be named Vice Chair of Board

Written by Customer Service on August 15, 2024. Posted in Public Companies.

SAN JOSE, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) — Heritage Commerce Corp (NASDAQ: HTBK) (the “Company”), the parent company of Heritage Bank of Commerce (the “Bank”), today announced the retirement of Ranson W. Webster from the Board of Directors, effective October 1, 2024. As one of the original founders, Webster joined the Board in 2004 and has served as Vice Chair of the Boards of Directors of the Company and the Bank. Director Julianne M. Biagini-Komas will assume the role of Vice Chair of both boards effective on the same date. “On behalf of management and the Board of Directors, I want to extend our deepest gratitude to Ranson for his many years of dedicated service. Throughout his tenure, he served the Company and its shareholders with distinction,” said Jack W. Conner, Chair of the Board....

Correction: Orkuveitan – Green Bond Auction August 22nd

Written by Customer Service on August 15, 2024. Posted in Public Companies.

[Wrong auction date was in original release in English. Corrected below.] Reykjavík Energy (Orkuveita Reykjavíkur) is holding a bond auction on Tuesday, August 22nd, 2024. Bonds in the green bond classes OR020934 GB and OR180255 GB as well as a new green bond class OR280845 GB will be offered for sale. OR020934 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of September 2nd, 2034. Previously, bonds with a nominal value of ISK 27,607 million have been issued in the class. OR0280845 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of August 28th, 2045. The bond carries 3.70% fixed interest and is redeemable after 13 years. OR0180255 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of...

Month: August 2024

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