Rising labor costs for Chinese workers and slower economic growth have hit profits at a number of industries in the country this year. Yet thanks to falling material prices, profit margins at beverage companies are getting some relief.
Mahindra & Mahindra Ltd., India’s largest maker of sport utility vehicles and tractors, reported profit that missed analyst estimates for a fourth straight quarter as rising raw material costs offset higher sales.
WHILE exporters are cheering, other firms in Singapore are feeling the pinch as the Singdollar's fall against the greenback sends their raw material costs rocketing.
Most commodities are priced in United States dollars, so when the local...
Oops! Unable to complete your request. Please refresh your browser.