PSI

EQS-News: PSI with Significant Growth in Financial Year 2023 and Stabilization of the Result in the Final Quarter

Retrieved on: 
Wednesday, April 10, 2024

Berlin, March 21, 2024 - According to preliminary figures, the PSI Group has grown significantly in the financial year 2023.

Key Points: 
  • Berlin, March 21, 2024 - According to preliminary figures, the PSI Group has grown significantly in the financial year 2023.
  • The operating result, which was burdened by one-off effects, stabilized within the planned corridor at 5.6 million euros.
  • “After the negative effects in the Electrical Grids business in 2022 and 2023, we stabilized the situation in the second half of 2023.
  • The PSI Group develops software products for optimizing the flow of energy and materials for utilities and industry.

Power Solutions International’s new website now online

Retrieved on: 
Tuesday, April 2, 2024

WOOD DALE, Ill., April 02, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emissions-certified engines and power systems, is excited to announce the launch of its new website.

Key Points: 
  • WOOD DALE, Ill., April 02, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emissions-certified engines and power systems, is excited to announce the launch of its new website.
  • The new site features a refreshed modern design and user-friendly navigation, allowing visitors to easily access information about our company, services and full range of engine and power systems products.
  • The new site is fully aligned with our mission and values, and is compliant with U.S. and European Union data privacy regulations.
  • An online fillable Request For Quote form is available for you to gather information about our engine applications.

IIoT Applications in the Oil and Gas Industry: The Installed Base of Wireless IIoT Devices in the Oil and Gas Industry Set to Reach 18.8 Million by 2028, Up from 7.8 Million in 2023 - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

This study investigates the worldwide market for wireless IoT applications in the oil and gas industry.

Key Points: 
  • This study investigates the worldwide market for wireless IoT applications in the oil and gas industry.
  • Oil and gas operators utilise wireless industrial IoT (IIoT) solutions to increase operational efficiency, secure assets and achieve regulatory compliance throughout the entire value chain.
  • The report estimates that the number of installed wireless devices featuring cellular, satellite and LPWA connectivity for oil and gas applications reached 7.8 million units worldwide in 2023.
  • Growing at a compound annual growth rate (CAGR) of 19.3 percent, the installed base is expected to reach 18.8 million units by 2028.

Agrify Corporation Announces Turnkey Extraction Equipment Deal with Multi-State Operator Justice Cannabis Co. Expanding into New Jersey Market

Retrieved on: 
Wednesday, March 13, 2024

Justice Cannabis has purchased Agrify’s Turnkey Hydrocarbon Extraction and Lab Equipment Package, which includes a X10 Hydrocarbon Extractor, Filtration Equipment, a Solvent Recovery System, a 20L Decarboxylation Package, a Diamond-Miner, and a Thin-Film Distillation System.

Key Points: 
  • Justice Cannabis has purchased Agrify’s Turnkey Hydrocarbon Extraction and Lab Equipment Package, which includes a X10 Hydrocarbon Extractor, Filtration Equipment, a Solvent Recovery System, a 20L Decarboxylation Package, a Diamond-Miner, and a Thin-Film Distillation System.
  • In addition, Justice Cannabis has also purchased Agrify’s UL-Compliant C1D1 Explosion Proof Room to operate and extract quality products in.
  • Justice Cannabis Co. operates three dispensaries in New Jersey under the name Bloc Dispensary and sells flower under the Crops brand.
  • Agrify has partnered with Justice Cannabis to support their approximately 72,000 square feet cultivation and extraction facility buildout.

OTC Markets Group Welcomes Pason Systems Inc. to OTCQX

Retrieved on: 
Tuesday, March 12, 2024

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Pason Systems Inc. (TSX: PSI; OTCQX: PSYTF), a leading energy services and technology company with fully integrated drilling data solutions and engineered controls for the completions industry, has qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Pason Systems Inc. (TSX: PSI; OTCQX: PSYTF), a leading energy services and technology company with fully integrated drilling data solutions and engineered controls for the completions industry, has qualified to trade on the OTCQX® Best Market.
  • Pason Systems Inc. upgraded to OTCQX from the Pink® market.
  • Pason Systems Inc. begins trading today on OTCQX under the symbol “PSYTF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
  • Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.

Two Decades Post-IPO, Weichai Power's Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends

Retrieved on: 
Tuesday, March 26, 2024

WEIFANG, China, March 26, 2024 /PRNewswire/ -- Weichai Power Co., Ltd. (2338.HK, 000338.SZ), in its latest annual report released on March 26, unveiled significant financial achievements for the year 2023. The company recorded revenue of RMB 213.96 billion, a notable increase of 22.2% compared to the previous year. Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04. 

Key Points: 
  • Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04.
  • From 2004 to 2023, revenue surged from RMB 6.2 billion to RMB 214 billion, reflecting a thirty-threefold increase.
  • The company's total market value has exceeded RMB 140 billion, a 30-fold increase since its listing.
  • Weichai Power has witnessed exceptional market value growth, surpassing 40 times its initial listing value.

Two Decades Post-IPO, Weichai Power's Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends

Retrieved on: 
Tuesday, March 26, 2024

WEIFANG, China, March 26, 2024 /PRNewswire/ -- Weichai Power Co., Ltd. (2338.HK, 000338.SZ), in its latest annual report released on March 26, unveiled significant financial achievements for the year 2023. The company recorded revenue of RMB 213.96 billion, a notable increase of 22.2% compared to the previous year. Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04.

Key Points: 
  • Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04.
  • From 2004 to 2023, revenue surged from RMB 6.2 billion to RMB 214 billion, reflecting a thirty-threefold increase.
  • The company's total market value has exceeded RMB 140 billion, a 30-fold increase since its listing.
  • Weichai Power has witnessed exceptional market value growth, surpassing 40 times its initial listing value.

New Hydraulic Battery-Powered Pump Series Delivers Versatility and Portability

Retrieved on: 
Monday, March 25, 2024

CHARLOTTE, N.C., March 25, 2024 /PRNewswire/ -- Power Team, a brand of SPX FLOW, has released its latest pump series designed to meet a variety of applications where portability is a must. The new PB43 Series Hydraulic Battery-Powered Pump offers a high flow, long battery life and a wide range of valve configurations.

Key Points: 
  • CHARLOTTE, N.C., March 25, 2024 /PRNewswire/ -- Power Team, a brand of SPX FLOW, has released its latest pump series designed to meet a variety of applications where portability is a must.
  • The new PB43 Series Hydraulic Battery-Powered Pump offers a high flow, long battery life and a wide range of valve configurations.
  • The PB43 Series Pump meets an array of high-pressure tool applications requiring durability and performance, including the construction, MRO (maintenance, repair and operations) and transportation sectors.
  • The PB43 Series Pump's long life and leading-edge battery technology is the perfect pairing of power and high flow, which is the configuration our customers demand."

MemorialCare Saddleback Medical Center Awarded Patient Safety Excellence Award from Healthgrades for the First Time

Retrieved on: 
Friday, March 22, 2024

LAGUNA HILLS, Calif., March 22, 2024 /PRNewswire/ -- MemorialCare Saddleback Medical Center was awarded the 2024 Patient Safety Excellence Award™ by Healthgrades , the leading resource that connects consumers, physicians and health systems.

Key Points: 
  • LAGUNA HILLS, Calif., March 22, 2024 /PRNewswire/ -- MemorialCare Saddleback Medical Center was awarded the 2024 Patient Safety Excellence Award™ by Healthgrades , the leading resource that connects consumers, physicians and health systems.
  • This award recognizes the top 10% of hospitals in the nation for patient safety.
  • "It is an honor to be named one of the top 10% of hospitals for patient safety for the first time," says Marcia Manker, chief executive officer, MemorialCare Saddleback Medical Center.
  • MemorialCare Saddleback Medical Center qualified for this recognition when it was named one of America's 250 Best Hospitals by Healthgrades in 2023.

New Homes Sales Stay Strong in February -- Zonda Reports

Retrieved on: 
Thursday, March 21, 2024

NEWPORT BEACH, Calif., March 21, 2024 /PRNewswire-PRWeb/ -- The spring selling season for the new home market is shaping up to be stronger than expected. The U.S. Zonda Market Ranking for February came in as slightly overperforming, up from average this time last year. While higher interest rates and home prices have deterred some buyers, those with a strong need for a home are still finding ways to make it happen, including some help from builder incentives.

Key Points: 
  • "We need to remember not to paint the housing market with a broad brush," said Ali Wolf, chief economist for Zonda.
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.
  • Zonda's New Home Pending Sales Index (PSI) was created to help account for fluctuations in supply by combining both total sales volume with the average sales rate per month per community.
  • Zonda monitors 18,000 active communities in the country and the homes tracked can be in any stage of construction.