SBU

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Retrieved on: 
Thursday, May 2, 2024
Internet, Total, AES, Growth, Professional, Coal, Hydrology, Parent, Wind, Webcast, Indiana Utility Regulatory Commission, Public utility, LNG, Renewable energy, Acquisition, EPS, AES Corporation, PPA, New energy, SBU, Energy, Dilution, GAAP, AES Indiana, Interest, Bookkeeping

ARLINGTON, Va., May 2, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the quarter ended March 31, 2024.

Key Points: 
  • "With our first quarter results and our future outlook, I am pleased to reaffirm our full year 2024 guidance and long-term growth rates through 2027," said Stephen Coughlin, AES Executive Vice President and Chief Financial Officer.
  • First quarter 2024 Net Income was $278 million, an increase of $89 million compared to first quarter 2023.
  • Since the Company's fourth quarter 2023 earnings call in February 2024, the Company signed 1.2 GW of long-term contracts for new renewables.
  • The Company's 2024 guidance is based on foreign currency and commodity forward curves as of March 31, 2024.

JK Tech Partners with Google Cloud to accelerate Digital Innovation and advance its Gen AI capabilities

Retrieved on: 
Thursday, March 21, 2024
Cloud, SBU, GCP, Google Cloud, Organization, Specialization, Digital, Partnership, Insurance, CPG, Marketing, Data management, Application development, Strategic business unit, Gen

This collaboration aims to lead the transformative advancements of cloud capabilities in leveraging Gen AI, enabling organizations to harness the full potential of Google Cloud technologies.

Key Points: 
  • This collaboration aims to lead the transformative advancements of cloud capabilities in leveraging Gen AI, enabling organizations to harness the full potential of Google Cloud technologies.
  • Furthering this aim, JK Tech's Gen AI Accelerator- JIVA stands at the forefront of innovation to bring life to enterprise data.
  • In a statement, Vedang Singhania, Head- Marketing and Alliances of JK Tech, says, "At JK Tech, our commitment is to equip organizations with cutting-edge technology solutions that enhance business growth and innovation.
  • Keeping our focus on Google Cloud, we will be participating in Google Next'24 scheduled on April 9-11 in Mandalay Bay, Las Vegas."

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Retrieved on: 
Monday, February 26, 2024
AES, AES Corporation, Electricity, Investment, Webcast, Interest, Indiana Utility Regulatory Commission, Growth, Internet access, Parent, Public utility, Sale, Public utilities commission, Holding company, Wind, PUCO, GAAP, Completeness, SBU, Dilution, EPS, Professional, AES Indiana, Renewable energy

ARLINGTON, Va., Feb. 26, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the year ended December 31, 2023.

Key Points: 
  • "Overall, 2023 was AES' best year ever in terms of both execution and financial performance.
  • Full year 2023 Net Income (Loss) was ($182) million, including $1.1 billion of impairments in 2023 primarily related to the Company's continued exit from coal-fired generation.
  • During full year 2023, the Company realized Tax Attributes5 of $611 million, an increase of $344 million compared to full year 2022.
  • The Company's 2024 guidance is based on foreign currency and commodity forward curves as of December 31, 2023.

EQS-News: Carl Zeiss Meditec achieves slight revenue growth in first quarter of 2023/24

Retrieved on: 
Friday, February 9, 2024
Tax, SBU, Growth, Microsurgery, Pressure

Carl Zeiss Meditec generated revenue of €475.0m in the first quarter of fiscal year 2023/24 (prior year: €470.3m), corresponding to a growth of +1.0% (adjusted for currency effects: +3.3%).

Key Points: 
  • Carl Zeiss Meditec generated revenue of €475.0m in the first quarter of fiscal year 2023/24 (prior year: €470.3m), corresponding to a growth of +1.0% (adjusted for currency effects: +3.3%).
  • Dr. Markus Weber, President and CEO of Carl Zeiss Meditec AG commented on the Q1 results: “We have made a solid start to the new fiscal year.
  • The strategic business unit Microsurgery achieved revenue growth of +10.6% (adjusted for currency effects: +13.7%) to €123.9m (prior year: €112.0m).
  • The APAC [2] region recorded a slight decline in revenue of -0.9% (adjusted for currency effects: +0.4%), to €206.4m (prior fiscal year: €208.2m).

Eletopia Revolutionizes Energy Storage Solutions in the US

Retrieved on: 
Friday, January 12, 2024
SBU, Marketing, Solar energy, Electronics, EMS, AI, Cryptocurrency

LOS ANGELES, Jan. 12, 2024 /PRNewswire/ -- Eletopia, a leading provider of smart energy storage solutions, is transforming the energy storage market with innovative technology.

Key Points: 
  • LOS ANGELES, Jan. 12, 2024 /PRNewswire/ -- Eletopia, a leading provider of smart energy storage solutions, is transforming the energy storage market with innovative technology.
  • Integrating advanced battery management, energy conversion, and intelligent energy operation, Eletopia offers comprehensive solutions, redefining home energy management.
  • Their solutions integrate power generation, energy storage, consumption, and operational services, amplifying the value of energy storage.
  • Leveraging advanced battery management, energy conversion, and smart storage technology, Eletopia enables homeowners to optimize resources for a greener, sustainable future.

HCMF Group Showcases Latest Intelligent Cabins and Innovative In-Car Safety Technology at CES 2024

Retrieved on: 
Thursday, January 11, 2024
Inventec, Economy, Privacy, HCMF, Research, Facial recognition, DCU, Glass, Respiration, CPD, Pet, Child, PDLC, BenQ, Risk, Exhibition, Safety, ODF, AUO, CES, National Taiwan University, System, SBU, LSH, MicroLED, Ministry, Mobile phone

TAIPEI, Jan. 11, 2024 /PRNewswire/ -- HCMF Group, a global automotive components leader, showcases intelligent cabin products at CES 2024 (Booth 7211), supported by the Ministry of Economic Affairs.

Key Points: 
  • TAIPEI, Jan. 11, 2024 /PRNewswire/ -- HCMF Group, a global automotive components leader, showcases intelligent cabin products at CES 2024 (Booth 7211), supported by the Ministry of Economic Affairs.
  • As a prominent supplier of automotive components to global car manufacturers, HCMF Group places special emphasis on vehicle safety.
  • This innovative technology held substantial potential in enhancing in-vehicle safety, demonstrating HCMF Group's leadership in automotive technology.
  • Mr. Jeffrey Hsi, CTO of HCMF group, stated that, "In this year's CES exhibition, HCMF Group collaborates with more partners to showcase an exciting array of intelligent cabins and innovative in-vehicle safety technologies.

EQS-News: Carl Zeiss Meditec increased revenue in fiscal year 2022/23 by around 10 percent

Retrieved on: 
Saturday, December 30, 2023
Tax, Marketing, Research, Microsurgery, SBU, Consumer, Annual, Growth, Investment, EUR, Supervisory board, Pharmaceutical industry

Carl Zeiss Meditec generated revenue of €2,089m in fiscal year 2022/23 (prior year: €1,903m), corresponding to growth of +9.8% (adjusted for currency effects: +10.1%).

Key Points: 
  • Carl Zeiss Meditec generated revenue of €2,089m in fiscal year 2022/23 (prior year: €1,903m), corresponding to growth of +9.8% (adjusted for currency effects: +10.1%).
  • Dr. Markus Weber, President and CEO of Carl Zeiss Meditec AG: “We were able to further expand our market shares in both strategic business units despite an increasingly weakening economy.
  • Revenue in the strategic business unit (SBU) Ophthalmology increased by +7.3% in fiscal year 2022/23 (adjusted for currency effects: +7.6%), to €1,576m (prior year: €1,469m).
  • Good progress in equipment deliveries during the course of the fiscal year was a major contributor to revenue growth.

Viomi Technology Co., Ltd Elevates its Water Purification Department to a Strategic Business Unit

Retrieved on: 
Friday, November 24, 2023
P&G, SBU, Water purification, FMCG, Yili Group, Water, Internet of things, Pepsi, Fine chemical, Civil engineering, Southeast University

GUANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT@Home technology company in China, today announced the elevation of its water purification business to a strategic business unit ("SBU").

Key Points: 
  • GUANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT@Home technology company in China, today announced the elevation of its water purification business to a strategic business unit ("SBU").
  • This supports the implementation of the Company's strategy of focusing on water purification , fully leveraging Viomi's leading R&D and manufacturing capabilities, and further enhancing the Company's commitment to high-quality and sustainable development.
  • Viomi also announced the appointment of Mr. Qi Chen, an industry veteran, as its water purification SBU's president.
  • Before joining Viomi, Mr. Qi Chen served as the general manager of the water purification and air purification divisions at A.O.Smith (China) Water Heater Co., Ltd.

Kinetic Technologies Launches USB VBUS Safety Management Current Limited Load Switch Supporting the Latest 28V Level of USB PD3.1 Extended Power Range (EPR) Systems

Retrieved on: 
Monday, October 30, 2023
Semiconductor, Security, Technology, Other Technology, Audio, Video, Networks, Hardware, ESD, OTP, OCP, PD, RCP, IEC, SS, Voltage droop, CC, Beartown Wilderness Addition A, USB, CLP, SCP, Safety, SBU, TVS, Video game

Power management and video/audio interface leader, Kinetic Technologies, is expanding its USB-C Overvoltage Protection IC portfolio with the introduction of its new KTS1890 device.

Key Points: 
  • Power management and video/audio interface leader, Kinetic Technologies, is expanding its USB-C Overvoltage Protection IC portfolio with the introduction of its new KTS1890 device.
  • Key applications for the KTS1890 include gaming and workstation notebooks, desktop PCs, docking stations, monitors, conferencing systems, gaming consoles, and any USB Type-C Dual Role Port design with PD 3.1 EPR 28V input.
  • The KTS1890 is a USB VBUS safety management load switch for 15W current-source output in systems with 28V EPR current sink input.
  • The input operating range is 2.5V to 5.5V, but the output withstands up to 35VDC at the USB port.

Saudia Group New Brand Prioritizes Growth, Expansion and Localization

Retrieved on: 
Sunday, October 22, 2023
Saudization, Vision 2030, PSAA, SGS, SACC, Ecosystem, Maintenance, Small Business Saturday, Dar Al Arkan Real Estate Development Company, Tourism, MRO, SBus, SPA, SBU, Aircraft, Arms industry, Airline, Renewable energy, Saudia, Overhaul, Kingdom

Ushering in a new era that drives aviation growth and innovation in alignment with Vision 2030

Key Points: 
  • As an aviation conglomerate, Saudia Group represents a dynamic and comprehensive ecosystem within the aviation industry that plays a key role in shaping Saudi Arabia's society and future.
  • Saudia Technic, formerly known as Saudia Aerospace Engineering Industries (SAEI), Saudia Academy, formerly known as Prince Sultan Aviation Academy (PSAA), Saudia Real Estate, formerly known as Saudi Airlines Real Estate Development Company (SARED), Saudia Private, formerly known as Saudia Private Aviation (SPA), Saudia Cargo, and Catrion, formerly known as Saudi Airlines Catering (SACC), all underwent a re-branding transformation in line with Saudia Group's complete new brand strategy.
  • The group also consists of Saudi Logistics Services (SAL), Saudi Ground Services Company (SGS), flyadeal, Saudia Medical Fakeeh, and Saudia Royal Fleet.
  • His Excellency Ibrahim Al Omar, Director General of Saudia Group, said: "This is an exciting time in the Group's history.