PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ — SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the January to June period from PHP242.6 billion in the same… Continue reading SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
Tag: Strategy
Q2 2023 Another Stellar Quarter at Linamar with Exceptional Earnings Growth, Record Revenues and Continued Free Cash Flow
GUELPH, ON, Aug. 9, 2023 /CNW/ – (TSX: LNR) Normalized Earnings per Share1 up 55.4%; Sales up 28.8% to $2.55 billion, a new record for a quarter; Diversified strategy validated with Industrial earnings tripling over prior year, anchoring solid overall performance; Normalized Operating Earnings1 up 54.7%; New business wins take launch book to nearly $4.5… Continue reading Q2 2023 Another Stellar Quarter at Linamar with Exceptional Earnings Growth, Record Revenues and Continued Free Cash Flow
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion
NEW YORK, Aug. 9, 2023 /PRNewswire/ — The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships… Continue reading Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion
Rivada Networks Welcomes Michèle Flournoy to its Board of Directors
WASHINGTON, Aug. 10, 2023 /PRNewswire/ — Michèle Flournoy, former U.S. Under Secretary of Defense, has joined the Board of Directors of Rivada Networks, Inc. “I’m honored that Michèle has agreed to join Rivada’s board,” said Rivada CEO Declan Ganley. “Michèle is one of America’s foremost thinkers on geopolitics. Her insights and advice will be invaluable… Continue reading Rivada Networks Welcomes Michèle Flournoy to its Board of Directors
Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA
The Bengaluru-based Greaves Cotton, one of India’s diversified engineering companies, has reported standalone revenues of Rs 396 crore for the Q1 FY24. The company has reported an improvement in standalone margins, with quarterly EBITDA pegged at Rs 45 crore, registering a 63 percent year-on-year growth, and improving margins by 4 basis points to 11.3 percent.… Continue reading Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA
Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA
The Bengaluru-based Greaves Cotton, one of India’s diversified engineering companies, has reported standalone revenues of Rs 396 crore for the Q1 FY24. The company has reported an improvement in standalone margins, with quarterly EBITDA pegged at Rs 45 crore, registering a 63 percent year-on-year growth, and improving margins by 4 basis points to 11.3 percent.… Continue reading Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA
Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA
The Bengaluru-based Greaves Cotton, one of India’s diversified engineering companies, has reported standalone revenues of Rs 396 crore for the Q1 FY24. The company has reported an improvement in standalone margins, with quarterly EBITDA pegged at Rs 45 crore, registering a 63 percent year-on-year growth, and improving margins by 4 basis points to 11.3 percent.… Continue reading Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA
Postal Service Celebrates Wonders of the Microscopic World
Life Magnified Forever Stamps Issued Today CLEVELAND, Aug. 10, 2023 /PRNewswire/ — A dedication ceremony for Life Magnified stamps was held today in partnership with the American Philatelic Society at the Great American Stamp Show in Cleveland. The 20 stamps feature otherworldly images of some of the smallest components of life as we know it.… Continue reading Postal Service Celebrates Wonders of the Microscopic World
Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future
The Project Provides Residents on Yas and Saadiyat Islands with 8 Robotaxis and 4 Minibuses, Serving Over 5,000 Registered Users and Fulfilling 17,000 Orders ABU DHABI, UAE, Aug. 8, 2023 /PRNewswire/ — In line with the vision of the wise leadership to make Abu Dhabi’s cities smarter and more sustainable, the Integrated Transport Centre (ITC) of the Abu… Continue reading Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future