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Tag: Revenue

Carbon credit trading from forests may become Sarawak’s new source of revenue

Sarawak, carbon credit trading, new source, revenue, Sarawak Forest Department

Sarawak plans to take advantage of its mass forest area to diversify its revenue base by venturing into carbon credit trading, reported Borneo Post. Acknowledging the state’s forests as an overlooked and undervalued asset, Chief Minister Abang Johari Openg said that the state should now spread the revenue base from its forests, apart from …

Biesse aims for over EUR825m in revenues by 2019

Biesse, 2019, revenues

Biesse S.p.A. is aiming for over EUR825 million in revenue by 2019, according to a company statement. It expects a CAGR of 10.1 percent and EBITDA at 11.6 percent over the three-year period. “The three year industrial plan is starting from the excellent 2016 results,” said Group General Manager Stefano Porcellini. “The 2016 …

RusForest revenue up 26% in 3Q/2016

RusForest, revenue

RusForest reported a 26% revenue increase to $6.4 million in 3Q/2016, compared to the same period last year. However total revenue in the first nine months amounted $9.6 million compared to $15.6 million to the same period in 2015. Profit amounted to $1.3 million, compared to $1.6 million in 3Q/2015. The company’s 3Q/2016 EBITDA …

HOMAG: Sales revenue up nearly 5% in 1H/2016

HOMAG Group, sales revenue, 2016, first half

Sales revenue for the HOMAG Group rose nearly 5% to EUR 527 million in the first half of 2016. Order intake was EUR 551 million, reaching similar levels to the Group's prior year results despite negative exchange rate effects (prior year: EUR 557 million). “Thanks to our global footprint, we have been able to compensate for weak markets …