Fiamma expects to return to profitability this year

FIAMMA Holdings Bhd expects to return to profitability on the back of a targeted 15-18 per cent sales growth for financial year ending September 2004, from RM210.9 million sales registered last year. Fiamma Sdn Bhd general manager (sales and marketing) Terence Lai said over 60 per cent of its tot…

Haier India aims for 15-percent market share

China’s Haier, the world’s fifth-biggest white goods maker, hopes to own up to 15 percent of India’s booming consumer-goods market and boost its fortunes in the face cutthroat competition at home.

Electrolux annual report now on the Group’s website

STOCKHOLM, Sweden, April 05, 2004 (PRIMEZONE) — The Electrolux (Nasdaq:ELUX) Annual Report for 2003 is available on the Group’s website as of today, at www.electrolux.com/annualreport2003. The printed version is now being distributed and can also be ordered from Electrolux Investor Relations at …

1b yuan push for Haier unit

Haier Group, China’s largest home appliances maker, has proposed injecting the washing machine business into mobile handset maker Haier-CCT for 1.1 billion yuan (HK$1.04 billion) in a back-door listing.