Browsing Tag
forecasts
6 posts
ASML forecasts 10%-15% sales drop in Chinese market this year due to export restrictions
Dutch chip equipment maker ASML said on Wednesday that it expected the government’s export restrictions to curb sales in the Chinese market by 10%-15% in 2024, as the company released its financial report for the fourth quarter and full year of 2023. Last year, China’s Taiwan became ASML’s leading market, representing 30% of total sales
Steel and Tube forecasts steep fall in year-on-year earnings
Navigation for News Categories Photo: RNZ / Nate McKinnon Building products firm Steel and Tube is forecasting pre-tax earnings to fall by half on a year ago in a subdued and challenging market. It expected earnings for the six months ended December of $10 million - $11m, which compared to $10.6m in the preceding half
NZ CPI Preview: Forecasts from four major banks, past the peak, but still red-hot
Statistics New Zealand will release Q4 Consumer Price Index (CPI) inflation data on Tuesday, January 24 at 21:45 GMT and as we get closer to the release time, here are forecasts from economists and researchers of four major banks regarding the upcoming inflation data. Economists expect the CPI to have eased a tick from 7.2%
BYD forecasts Q3 profit to almost triple from last year
Chinese EV maker BYD said on Monday that its third-quarter net profit will be more than triple compared to the same period in 2021 at between RMB 5.5 billion and RMB 5.9 billion ($760 million to $820 million), despite a challenging economic situation, Covid-19 rebound, and soaring prices of key components. Such figures would see
China tops forecasts with 8.1% growth in 2021 but headwinds loom
2/2 © Reuters. FILE PHOTO: Chinese flags flutter near containers stacked at the Yangshan Deep Water Port in Shanghai, China January 13, 2022. REUTERS/Aly Song 2/2 By Kevin Yao and Gabriel Crossley BEIJING (Reuters) - China's economy rebounded in 2021 with its best growth in a decade, helped by robust exports, but there are signs…
Mark Lawrenson forecasts disastrous results for a negative Steve Bruce and relegation zone
Mark Lawrenson sees tough times ahead for Steve Bruce.Lawrenson’s mate has already seen seven games without a win so far this season.Newcastle United are already out of the League Cup having lost at home to relegation rivals Burnley, after Bruce made nine outfield changes, whilst in the Premier League it is only three points from…