Global Reports Offer Up Apples and Oranges

Chamberlain, Janice
January 2006
Home Textiles Today;1/2/2006, Vol. 27 Issue 15, p8
Trade Publication
The article focuses on the reports from overseas producers that help understand better the financial performances of textile vendors in New York. Li & Fung of Hong Kong, Coteminas of Brazil, and Reliance, Abhishek and Wellspun of India were considered in the report and only Li & Fung has a balance sheet that roughly resembles that of U.S. publicly held companies. The difference is the current liability generally refer to a company's obligations. Income statements were also a little confusing. Three of the companies refer to turnover instead of sales or revenues.


Related Articles

  • Wincanton turnover breaks through the £2bn barrier.  // Commercial Motor;6/12/2008, Vol. 207 Issue 5284, p18 

    The article reports that the annual turnover of Wincanton Corp. for the year ending March 31, 2008 has surpassed the £2 billion barrier in Great Britain. During the period, the company's annual turnover has increased 12% with pre-tax profits up to £36.7 million from £32.6 million....

  • palmONE Revenue Rises 23% in Q4. Malester, Jeff // TWICE: This Week in Consumer Electronics;7/12/2004, Vol. 19 Issue 14, p65 

    This article reports on an increase in the revenue posted by PalmOne in its fiscal fourth quarter in 2004. Strong demand for its handheld and smartphone products, namely the Treo 600 combination mobile phone and digital organizer, help the company in posting an increase revenue. Net income hit...

  • Unimer hits record high.  // Builders Merchants Journal;Aug2004, p5 

    Reports financial performance of the United Merchants plc. Turnover; Settlement discounts; Investments.

  • Picanol focus on new emerging markets.  // Textile Magazine;Mar2004, Vol. 45 Issue 5, p30 

    The Picanol Group of Belgium posted a consolidated turn over of 483.7 million euros for 2003, a decrease of 6.9 per cent compared to the record year 2002. The consolidated operating result was 23.2 million euros, down by 33.3 per cent. The lower performance is because of the impact of a strong...

  • Sandler: Investment for technical nonwovens.  // Chemical Fibers International;Apr2005, Vol. 55 Issue 2, p135 

    Saale, Germany-based nonwovens producer Sandler AG achieved a turnover of 131 million euro with 455 employees in 2004. The company owes the success mainly to a new production line for spun-laced nonwovens, which was commissioned in the fourth quarter of 2003. Spun-laced nonwovens are used in wet...

  • AUSTRIA.  // Chemical Fibers International;Jun2006, Vol. 56 Issue 3, p147 

    The article reports on the financial performance of textile firm Lenzing AG for the first quarter of fiscal 2006 in Austria. During the quarter, the company was able to increase turnover by 11.8 percent, or an equivalent of 261 million euros. Albeit, a drop by 16.6 percent to 23 million euros...

  • Sandler's 2010 turnover exceeds EUR 200 million.  // Indian Textile Journal;Apr2011, Vol. 121 Issue 7, p108 

    The article reports on the 21 percent increase in nonwoven manufacturer Sandler AG's turnover from 168 million euros to 203 million euros in the year 2010. The turnover increase was attributed to the strategy of focusing on such markets as wipes, filtration and hygiene. The company has also...

  • The Practice of Preparing and Using Financial Information in Financial Decisions: A Survey of SMEs in Tanzania. Mwakujonga, Joshua; Bwana, Kembo M. // European Journal of Business & Management;2013, Vol. 5 Issue 9, p161 

    A large number of SMEs' managers in Tanzania are said to have neglected an important role of preparing and using financial information in decision making. As a result, they have been pursuing poor financial decisions which are regarded to be the main cause for poor performances and increase in...

  • Turnover, profit and loss. Holmes, Geoffrey // Accountancy;Jun74, Vol. 85 Issue 970, p80 

    Focuses on the obligation of a company to disclose its turnover or gross receipts for the year in Great Britain. Preparation of consolidated accounts; Result of trading operations; Difficulties in analyzing business turnover.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics