ACN Newswire
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Hela Apparel Holdings Consolidates Growth with Go-Live on SAP S/4HANA with attune, a Rizing Company

indie
5 minutes

Colombo, Sri Lanka, Oct 6, 2022 - (ACN Newswire via SEAPRWire.com) - Hela Apparel Holdings announced its go-live on SAP S/4HANA(R) Fashion and Vertical Business, using the attune Fashion Suite(TM) to digitalize end-to-end business processes. Hela partnered with attune, a Rizing company, to accelerate the implementation while incorporating leading practices in order-to-cash, procurement, production, and finance business processes across its business in Sri Lanka, Kenya, Ethiopia, and Egypt.A global provider of bespoke apparel supply chain solutions, Hela has served as an innovative, ethical, and sustainable apparel supply chain solution provider for three decades. Today, the company is making great strides in its digital transformation journey, replacing legacy IT systems with a connected digital ERP platform that will support its continued growth and drive integration to enhance productivity, efficiency, and waste elimination across its global footprint.The implementation of SAP S/4HANA Fashion and Vertical Business solution marks one of the several steps the company has taken to strengthen the organization's drive towards process excellence and greater efficiency. For Hela, SAP's ...

ACN Newswire
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Vertical International Holdings Limited (8375.HK) gains 37.6% revenue growth in 2021 driven by increased sales of self-manufactured aluminum electrolytic capacitor products

indie
2 minutes

HONG KONG, Mar 24, 2022 - (ACN Newswire via SEAPRWire.com) - Vertical International Holdings Limited, stock code 8375.HK ("Vertical International" or "The Group") reported 2021 Annual Results for the year ended 31 December 2021. The Group's 2021 total revenue was HK$132.5 million, a rise of 37.6%, from approximately HK$96.3 million in 2020. Sales of the Group's self-manufactured aluminum electrolytic capacitor products increased substantially from approximately HK$78.2 million in 2020 to approximately HK$105.0 million in 2021. The 2021 gross profits grew by 53.3% or HK$8.1 million year on year to approximately HK$23.3 million. Vertical International derived its 2021 revenue mainly from sales of manufactured aluminum electrolytic capacitors and sales of trading electronic components. The growth of sales revenue was also attributable to the Group's business expansion with key and new customers and its aggressive pricing strategy to enlarge its market share. The Group will continue to carefully and extensively review the current situation about costs and resources deployment and will consider tightening its control over the operating costs effectively to maximize its profits.The Group...

JCN Newswire
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MHI Awarded Contract for Six Units of the Outer Vertical Target for the Divertor Used in the ITER in Southern France

ruth
4 minutes

TOKYO, Dec 14, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has awarded a first contract from Japan's National Institutes for Quantum Science and Technology (QST) for manufacture of 6 units of divertor outer vertical target additional components for ITER(1,2), the experimental fusion reactor currently under construction in southern France. The Outer Vertical Target is one of the parts in the divertor. In acknowledgement of the company's mass production technologies for components with a high degree of manufacturing difficulty, MHI will handle the manufacturing of the first of a kind units (Units 1-6, of a total of 54), with successive completion and delivery scheduled in fiscal 2024.The divertor is one of the core components of the fusion reactor used in the tokamak. It removes the helium (He) ashes in the core plasma produced by the fusion reaction, unburned fuel and other impurities, as well as removes high heat load and particle loading, which are necessary for stable confinement of the plasma. The divertor comprises four parts: the Outer Vertical Target being procured by Japan, the Cassette Body and Inner Vertical Target being manufactured i...

SeaPRwire

First virtual Community Chest Vertical Marathon aims to raise $2 million

aseanpr
3 minutes

SINGAPORE - The Community Chest Vertical Marathon kicked off, virtually for the first time, on Sunday (Sept 5). It was previously a segment of the annual Community Chest Heartstrings Walk, organised by the Community Chest with Marina Bay Sands (MBS) since 2011. But now, with Covid-19 restrictions in place, it is a standalone virtual event. It will go on till Oct 31, and aims to raise $2 million. The marathon features an interactive digital platform that will take participants on a virtual expedition up five peaks in Asia, including Bukit Timah Hill and South Korea's Mount Yongmasan. It hopes to rally the community to achieve a collective elevation of 38,000m. Participants can track their progress by climbing stairs or hills and receive an e-badge on completing the elevation tied to each peak. The elevation can be tracked using the fitness app Strava or a preferred tracking app. At the launch, Ms Sun Xueling, Minister of State for Education and Social and Family Development, said: "As we physically scale these heights, they also become a metaphor for all the challenges that are thrown our way, especially in these trying times. "When participants conquer the vertical marathon, I hope...

ACN Newswire
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On the Wave of 5G, AsiaInfo (HKG:1675) Ready to Become a Legend Again

indie
11 minutes

HONG KONG, Dec 18, 2020 - (ACN Newswire) - Back in 1995, China didn't even have dial-up networking when China Telecom planned to open two 64-k lines through Sprint, an American company, one in Beijing and the other in Shanghai, which became the earliest commercial Internet in China. AsiaInfo (HKG:1675) won this order, thus creating ChinaNet, the first commercial Internet backbone network in China. So to speak, AsiaInfo was the legend that opened the gate to the world of Internet for China, and it also became the first Chinese high-tech company that was listed on NASDAQ.Twenty years later, AsiaInfo, an old telecome software giant, delisted from the American market and listed in Hong Kong, starting a new journey with a market value of HK 10 billion dollars. However, "the story of AsiaInfo" didn't draw much attention in Hong Kong. As a matter of fact, while maintaining its original business, it's also been exploring new fields so as to seize the opportunities in the 5G era. Based on some information made public recently, the author has conducted an analysis. 1. On the wave of 5G, does AsiaInfo have a chance for breakthroughs in its main business?For AsiaInfo, BSS (Business Support Sys...