Neway Valve (603699.SH): plans to invest approximately 11 million USD to set up a wholly-owned subsidiary in Saudi Arabia.

On March 11, Gelonghui reported that Neway Valve (603699.SH) announced that in order to quickly respond and timely meet the needs of local overseas owners, better serve customers, increase the company's market share, and enhance market competitiveness, it plans to establish a wholly-owned subsidiary Neway Industrial Co., (provisional name, subject to approval by relevant departments) in Saudi Arabia through its wholly-owned subsidiary NEWAYVALVE (SINGAPORE) PTE. LTD., with an investment of approximately 1.

Gelonghui FinanceMar 11 04:54 ET

Barclays Maintains Newell Brands(NWL.US) With Buy Rating, Maintains Target Price $11

Moomoo NewsMar 11 04:32 ET · Ratings

Barclays Remains a Buy on Newell Brands (NWL)

TipRanksMar 11 03:27 ET · Ratings

Newell Brands (NASDAQ:NWL) Use Of Debt Could Be Considered Risky

Simply Wall StMar 7 05:36 ET

Express News | Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Higher Amid Overall Market Strength on Reports Indicating That President Trump Will Delay Auto Tariffs

BenzingaMar 5 15:48 ET

Newell Brands (688697.SH): Net income of 0.323 billion yuan for the year 2024, a year-on-year increase of 1.84%.

On February 26, Gelonghui reported that Newell Brands (688697.SH) announced its performance report for the fiscal year 2024. During the reporting period, the company achieved revenue of 2.462 billion yuan, an increase of 6.08% compared to the same period last year; it realized a Net income attributable to the parent company's owners of 0.323 billion yuan, an increase of 1.84% year-on-year; and a Net income attributable to the parent company's owners after deducting non-recurring gains and losses of 0.275 billion yuan, a decrease of 0.29% compared to the same period last year. In 2024, facing a complex and severe external environment, the company focuses on its main business, increases R&D investment, conducts product technology iteration and upgrading, and continuously develops new products.

Gelonghui FinanceFeb 26 02:40 ET