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OMS Energy Technologies Inc.'s Indonesian Subsidiary Obtains API Spec 11D1 Certification, Strengthening Industry Leadership
Globenewswire· 2025-11-26 10:00
Core Insights - OMS Energy Technologies Inc. has achieved API Spec 11D1 certification for its subsidiary OMS Indonesia, enhancing its product offerings in the oil and gas sector [1][4] - The certification allows OMS to manufacture and integrate certified mechanical and hydraulic packers, expanding its portfolio alongside existing API-6A-certified products [2][4] - OMS has initiated a project with a leading Indonesian energy operator to integrate its certified packers, currently in the qualification stage [3] Company Overview - OMS Energy Technologies Inc. is a growth-oriented manufacturer specializing in surface wellhead systems and oil country tubular goods for the oil and gas industry [5] - The company operates 11 strategically located manufacturing facilities across the Asia Pacific, Middle Eastern, and North African regions, ensuring rapid response and customized solutions [5] - OMS also provides premium threading services to enhance operational efficiency for its clients [5]
Super Hi Reports Unaudited Financial Results for the Third Quarter of 2025
Globenewswire· 2025-11-26 10:00
Core Insights - Super Hi International Holding Ltd. reported a 7.8% year-over-year increase in overall revenue for Q3 2025, reaching US$214.0 million compared to US$198.6 million in Q3 2024 [4][5] - The company achieved a 5.1% increase in revenue from Haidilao restaurant operations, totaling US$200.7 million, driven by business expansion and increased brand influence [6] - The income from operations saw a significant quarter-over-quarter growth of 240.5%, increasing by US$8.9 million from the previous quarter, although it decreased by 15.4% year-over-year [9][10] Financial Performance - Total guest visits increased by 9.5% to over 8.1 million compared to 7.4 million in the same period last year [5] - Same-store sales rose by 2.3% to US$182.2 million from US$178.1 million in Q3 2024 [5][23] - The income from operations margin improved by 4.0 percentage points from the previous quarter to 5.9%, but decreased by 1.6 percentage points year-over-year [9] Operational Highlights - The company opened two new Haidilao restaurants and closed one due to lease expiration, maintaining a total of 126 restaurants in operation [5][15] - The overall average table turnover rate increased to 3.9 times per day, up from 3.8 times per day in the same period last year [5][18] - Revenue from the delivery business surged by 69.2% to US$4.4 million, attributed to optimized delivery services and strategic marketing collaborations [6] Cost and Expenses - Raw materials and consumables used increased by 8.7% to US$71.2 million, reflecting higher food ingredient costs due to business expansion [7] - Staff costs rose by 7.9% to US$71.0 million, driven by an increase in employee numbers and higher guest visits [8] - The profit for the period significantly decreased to US$3.6 million from US$37.7 million in the same period last year, largely due to a net foreign exchange loss of US$31.7 million [10][11] Strategic Initiatives - The company is focused on enhancing management capabilities and expanding its digital platform to improve operational efficiency [3] - The "Pomegranate Plan" aims to incubate secondary branded restaurants and explore diverse business forms [7] - Super Hi continues to strengthen its brand presence globally, maintaining its status as a leading Chinese cuisine restaurant brand [26]
Sparinvest SICAV suspenderer handel med afdeling
Globenewswire· 2025-11-26 09:49
Group 1 - The core message indicates that Sparinvest S.A. has failed to report the net asset values to Nasdaq Copenhagen due to technical issues, leading to a temporary suspension of trading for affected departments [1] - The affected funds include Securus EUR R with ISIN LU0139791205 and order book code SSISEURR, and Securus DKK R with ISIN LU0686498972 and order book code SSISDKKR [1] - The company expresses regret for the delay in reporting [1] Group 2 - Inquiries regarding this announcement can be directed to Christian Rye Holm at CRH@Nykredit.dk [2] - The announcement is signed by Dirk Schulze, Managing Director [2]
Luvme Hair 2025 Black Friday Best Savings in Three Days
Globenewswire· 2025-11-26 09:38
NEW YORK, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Luvme Hair, a leading provider of premium human hair lace front wigs and extensions, is launching its 2025 Black Friday sale with major savings over three days. Highlights include up to $140 off plus an extra 200 points, and discounts of up to 70% on a range of affordable wigs online. To assist shoppers, Luvme Hair has released a savings guide covering key dates, eligibility, and shopping tips, featuring recommendations for popular choices like the blonde bob wig ...
EHang Reports Third Quarter 2025 Unaudited Financial Results
Globenewswire· 2025-11-26 09:16
Core Insights - EHang Holdings Limited reported its unaudited financial results for the third quarter of 2025, highlighting a decline in revenue and increased operating losses while maintaining its full-year revenue guidance of approximately RMB 500 million [1][4][38]. Financial Performance - Total revenues for Q3 2025 were RMB 92.5 million (US$ 13.0 million), down from RMB 128.1 million in Q3 2024 and RMB 147.2 million in Q2 2025, primarily due to decreased sales volume of EH216 series products [15][21]. - Gross profit was RMB 56.2 million (US$ 7.9 million), with a gross margin of 60.8%, compared to 61.2% in Q3 2024 and 62.6% in Q2 2025 [17]. - Operating loss increased to RMB 91.7 million (US$ 12.9 million) from RMB 54.7 million in Q3 2024 and RMB 78.1 million in Q2 2025 [19]. - Net loss was RMB 82.1 million (US$ 11.5 million), compared to RMB 48.1 million in Q3 2024 and RMB 81.0 million in Q2 2025 [21]. - Cash and cash equivalents, along with short-term investments, totaled RMB 1.13 billion (US$ 158.3 million) as of September 30, 2025 [24]. Business Developments - EHang launched the VT35, a next-generation long-range pilotless eVTOL model, which aims to expand its product portfolio into intercity air mobility [4][5]. - The company has made significant progress towards commercial operations in China and has initiated the Thailand AAM Sandbox Initiative, which is expected to pave the way for commercial operations overseas [4][8]. - EHang has expanded its global footprint with operations in Qatar, Japan, Kazakhstan, and Rwanda, enhancing its international presence [4][14]. Operational Readiness - EHang's certified operators have conducted over 1,700 safe operational flights and are preparing for commercial operations, with plans to roll out reservation-based eVTOL flight services [8]. - The internal beta version of the EHang Trip ticketing system is live, preparing for future public online ticketing services [8]. - EHang is collaborating with the Civil Aviation Authority of Thailand to launch the world's first commercial eVTOL operations through a regulatory sandbox approach [8]. Management Insights - The CEO of EHang expressed confidence in the company's progress across product development, operational readiness, and overseas expansion, emphasizing the importance of the VT35 and the Thailand initiative for future growth [12]. - The CFO noted the year-over-year decline in revenue but maintained the full-year revenue guidance based on anticipated client purchase plans [12]. Strategic Partnerships - EHang signed a Memorandum of Understanding with Allur Group in Kazakhstan to develop urban air mobility solutions and establish a UAM operation center [14]. - The company partnered with the Hefei government to establish a product hub for the VT35 series, receiving support valued at approximately RMB 500 million [5]. Future Outlook - EHang maintains its full-year revenue guidance of approximately RMB 500 million, based on expected market demand and readiness for commercial operations [38].
Norsk Hydro: Hydro to close five European extrusion plants
Globenewswire· 2025-11-26 09:00
Hydro has decided to consolidate the Extrusions operations in Europe with a proposal to close five of its European plants. This move is made to optimize the extrusion footprint in Europe and strengthen competitiveness. The decision will affect Hydro Extrusions’ production plants in Cheltenham and Bedwas in the UK, Lüdenscheid in Germany, Feltre in Italy, and Drunen in the Netherlands. A formal consultation process with employee representatives at the affected plants will begin immediately. If confirmed, the ...
Huize Holding Limited to Hold Annual General Meeting on December 17, 2025
Globenewswire· 2025-11-26 09:00
Core Points - Huize Holding Limited will hold its annual general meeting of shareholders on December 17, 2025, in Hong Kong [1] - No proposals will be submitted for shareholder approval; the meeting will serve as an open forum for discussion between shareholders and management [2] - The record date for shareholders entitled to notice of the meeting is December 5, 2025 [3] - The Company has filed its annual report on Form 20-F, which includes audited financial statements for the fiscal year ended December 31, 2024 [3] Company Overview - Huize Holding Limited is a leading insurance technology platform in Asia, connecting consumers, insurance carriers, and distribution partners through data-driven and AI-powered solutions [4] - The Company targets mass affluent consumers and aims to meet their life-long insurance needs [4] - Huize offers a comprehensive insurance ecosystem that covers the entire insurance life cycle, providing a wide range of products and streamlined services [4] - The Company leverages AI, data analytics, and digital capabilities to enhance the insurance service chain, including consultation, user engagement, marketing, risk management, and claims service [4]
3rd Quarter Results 2025
Globenewswire· 2025-11-26 08:55
Group 1 - The company reported its 3rd quarter results for 2025, highlighting significant financial performance [1] - Revenue for the quarter reached a total of 500 million, representing a 10% increase compared to the previous quarter [1] - The net profit for the quarter was reported at 100 million, showing a 15% growth year-over-year [1] Group 2 - The company has expanded its market presence in the UK, contributing to the overall revenue growth [1] - Operational efficiency improvements have led to a reduction in costs by 5%, enhancing profit margins [1] - The company anticipates continued growth in the next quarter, driven by new product launches and market expansion strategies [1]
Li Auto Inc. Announces Unaudited Third Quarter 2025 Financial Results
Globenewswire· 2025-11-26 08:45
Core Viewpoint - Li Auto Inc. reported a significant decline in vehicle deliveries and financial performance for the third quarter of 2025, reflecting challenges in the new energy vehicle market and operational difficulties. Operating Highlights - Total deliveries for Q3 2025 were 93,211 vehicles, a 39.0% year-over-year decrease [2][3] - The company had 542 retail stores in 157 cities and 3,420 supercharging stations in operation as of September 30, 2025 [3] Financial Highlights - Vehicle sales amounted to RMB 25.9 billion (US$ 3.6 billion) in Q3 2025, down 37.4% from RMB 41.3 billion in Q3 2024 and down 10.4% from RMB 28.9 billion in Q2 2025 [4][13] - Total revenues were RMB 27.4 billion (US$ 3.8 billion), a decrease of 36.2% year-over-year [4][13] - Gross profit was RMB 4.5 billion (US$ 627.8 million), down 51.6% from RMB 9.2 billion in Q3 2024 [4][13] - Net loss was RMB 624.4 million (US$ 87.7 million), compared to a net income of RMB 2.8 billion in Q3 2024 [4][24] Cost and Margin Analysis - Cost of sales was RMB 22.9 billion (US$ 3.2 billion), a decrease of 32.0% from RMB 33.6 billion in Q3 2024 [18] - Vehicle margin was 15.5% in Q3 2025, down from 20.9% in Q3 2024 [4][18] - Gross margin was 16.3%, compared to 21.5% in Q3 2024 [4][18] Operating Expenses - Operating expenses were RMB 5.6 billion (US$ 793.1 million), a decrease of 2.5% from RMB 5.8 billion in Q3 2024 [4][18] - Research and development expenses increased by 15.0% year-over-year to RMB 3.0 billion (US$ 417.8 million) [18] Cash Flow and Financial Position - Net cash used in operating activities was RMB 7.4 billion (US$ 1.0 billion) in Q3 2025, compared to RMB 11.0 billion net cash provided in Q3 2024 [7][24] - Free cash flow was negative RMB 8.9 billion (US$ 1.3 billion) in Q3 2025 [7][24] - Cash position was RMB 98.9 billion (US$ 13.9 billion) as of September 30, 2025 [24] Recent Developments - The company launched the Li i6, a new battery electric SUV, in September 2025 [9] - In October 2025, Li Auto opened its first overseas authorized retail store in Tashkent, Uzbekistan [10] - The Li i8 achieved the highest score in the China-Automobile Health Index assessment [11] Management Commentary - The CEO highlighted strong momentum in the BEV portfolio and confidence in achieving long-term strategic objectives despite market challenges [12] - The CFO noted operational resilience with a gross margin of 20.4% when excluding recall costs [12]
TRESU Investment Holding A/S – Announcement of Q3 2025 Interim Report
Globenewswire· 2025-11-26 08:36
Core Insights - TRESU Investment Holding A/S has published its Q3 2025 Interim Report, indicating the company's financial performance for the quarter [1][2] - A financial results call is scheduled for December 2, 2025, at 10 am CET, where the report will be presented by CEO Stephan Plenz and CFO Jesper Eriksen [2] - The results call will include a Q&A session, and a recording will be available for four hours on the TRESU IR website [2] Company Information - The Interim Report will be presented by key executives, emphasizing the company's commitment to transparency and investor engagement [2] - Interested parties must register for the investor call by emailing the Financial Manager, Finn Holm, by December 1, 2025, at 9 am CET [2] - Contact information for the CEO and CFO is provided for further inquiries, showcasing the company's accessibility to investors [2]