On 20 MAY China Ming Yang Wind Power Group Ltd (NYSE:MY) announced its unaudited financial results for the first quarter ended March 31, 2014. Total revenue was RMB1, 224.0 million (US$196.9 million), an increase of 52.0% compared to RMB805.4 million in Q1 2013. Gross profit was RMB192.0 million (US$30.9 million), compared to RMB89.7 million in Q1 2013. Gross margin was 15.7%, an increase of 4.6 percentage points compared to 11.1% in Q1 2013. Total comprehensive income was RMB185.8 million (US$29.9 million), compared to that of RMB4.5 million in Q1 2013. China Ming Yang Wind Power Group Ltd (NYSE:MY) net profit margin is -17.70% and weekly performance is 20.62%. On last trading day company shares ended up $3.10. Analysts mean target price for the company is $0.90. China Ming Yang Wind Power Group Ltd (NYSE:MY) distance from 50-day simple moving average (SMA50) is 10.42%.
On 8 MAY PMFG Inc (NASDAQ:PMFG) announced its results for the first quarter ended 2014.Revenue in the third quarter of fiscal 2014 decreased $2.7 million or 7.7% to $32.3 million. Improved revenue in the Company’s Environmental Systems segment partially offset the decline in the Process Products segment. PMFG Inc (NASDAQ:PMFG) shares advanced 8.32% in last trading session and ended the day on $5.73. PMFG Gross Margin is 31.20% and its return on assets is -6.60%. PMFG Inc (NASDAQ:PMFG) quarterly performance is -11.98%.
On 15 MAY THT Heat Transfer Technology Inc (NASDAQ:THTI) announced its results for the first quarter 2014, sales revenue from heat exchange units was US$3.2 million, an increase of 41.1% compared with US$2.3 million in the same period of 2013. Sales revenue from shell-and-tube heat exchangers was US$1.1 million, an increase of 2500.0% compared to the same period of 2013. During the first quarter of 2014, sales revenue from plate heat exchangers totaled US$2.9 million, a decrease of 24.0% as compared to the same period of 2013. THT Heat Transfer Technology Inc (NASDAQ:THTI) shares moved up 7.94% in last trading session and was closed at $1.36, while trading in range of $1.17 – $1.48. THT Heat Transfer Technology Inc (NASDAQ:THTI) year to date (YTD) performance is 44.68%.
On 15 MAY Twin Disc, Incorporated (NASDAQ:TWIN) received a letter on May 14, 2014 from the Nasdaq Stock Market LLC (“Nasdaq”) notifying Twin Disc that it was not in compliance with Nasdaq Rule 5250(c)(1) related to the filing of periodic financial reports with the Securities and Exchange Commission (“SEC”). The issuance of the letter is based upon Twin Disc not filing its Quarterly Report on Form 10-Q for the quarter ended March 28, 2014 on or before the due date of May 7, 2014. Twin Disc, Incorporated (NASDAQ:TWIN) ended the last trading day at $31.69. Company weekly volatility is calculated as 5.55% and price to cash ratio as 13.53. Twin Disc, Incorporated (NASDAQ:TWIN) showed a positive weekly performance of 0.92%.
Leave a Reply