Home Builder Developer - Interior Renovation and Design
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April 24, 2013 by
Mr HomeBuilder
JINJIANG, Fujian Province, China, April 24, 2013 /PRNewswire/ -- China Ceramics Co., Ltd. (NASDAQ Global Market: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced financial results for the fourth quarter and for the full year ended December 31, 2012.
Fourth Quarter 2012 Summary
Full Year 2012 Summary
"We recorded disappointing financial results for the fourth quarter of the year due to continued challenging market conditions in China's real estate and construction markets. These conditions resulted in significant decrease in the sales volume of our ceramic tile products for the quarter. We also experienced a decline in our average selling price in the quarter due to intensified price competition in our sector that caused us to reduce the price of our products to retain market share," said Mr. Jiadong Huang, CEO of China Ceramics.
"Despite the quarter's results, we believe that the operating fundamentals of our business are sound. In order to adjust to current market conditions and reduce operating costs, we shut down some plant capacity during the fourth quarter. We are currently utilizing production facilities capable of producing 46 million square meters per year out of a total annual productive capacity of 72 million square meters. We will continue to monitor the macroeconomic environment and act prudently in terms of utilizing our full production capacity. We are cautiously optimistic about an increase in demand and a rebound in pricing beginning in the second quarter of 2013 that would enable us to increase the utilization of our new and modern production capabilities."
"We will continue to enhance our ceramic tile product offerings and competitive profile in order to reach more customers in China and abroad. We continue to be strategically positioned as a producer of high-end ceramic tiles that are becoming standard in many new construction and development projects. We are confident that our modern technologies and cost efficiencies will enable us to adapt to the operating pressures of today's challenging market environment and successfully execute upon our long-term strategy, which is to be a market leader in producing specialized building materials products," Mr. Huang continued.
"The urbanization and demographic trends in China are a long-term phenomenon that will lead to future demand for our products as current real estate fluctuations moderate over time. Even as we adopt measures in the short-term to enable us to reach our customers more effectively, we are confident that the branding and market positioning that enabled us to become a premier ceramic tile producer will generate sound financial metrics once the building materials sector returns to more normalized conditions," CEO Jiadong Huang concluded.
Fourth Quarter 2012 Results
Revenue for the fourth quarter ended December 31, 2012 was RMB 245.3 million (US$ 40.0 million), down 39.3% from RMB 404.5 million (US$ 63.8 million) for the fourth quarter ended December 31, 2011. The year-over-year decrease in revenue was primarily driven by a 29.8% decrease in the sales volume of ceramic tiles to 8.7 million square meters in the fourth quarter of 2012 from 12.4 million square meters in the fourth quarter of 2011. The decrease in revenue was also driven by a 13.8% decrease in the Company's average selling price, which decreased in the fourth quarter of 2012 to RMB 28.2 per square meter compared to RMB 32.7 per square meter in the comparable quarter of 2011. The Company attributes its reduced sales volume to the continued challenging business conditions in China's real estate sector. Beginning in December 2012, the Company reduced the selling price of its ceramic tile products to be competitive in the market and maintain its market share. The Company believes that the decrease in the pricing of its ceramic tile products is temporary and that product pricing will revert to normal levels once business conditions improve.
Gross profit for the fourth quarter ended December 31, 2012 was RMB 29.3 million (US$ 4.9 million), down 79.0% from RMB 139.4 million (US$ 21.9 million) for the fourth quarter ended December 31, 2011. The year-over-year decrease in gross profit was attributable to lower sales volume and the decrease in the average selling price of the Company's ceramic tiles in the quarter. Gross profit margin was 12.0% for the fourth quarter ended December 31, 2012 compared to 34.5% for the same period in 2011. The year-over-year decrease in gross profit margin for the fourth quarter was caused by a decrease in the average selling price of ceramic tiles in the quarter.
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China Ceramics Announces Fourth Quarter and Full Year 2012 Financial Results
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April 24, 2013 by
Mr HomeBuilder
Steve Mingear - Palm Tree Removal
Big Tree. Happy Day.
By: Steve Mingear
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Steve Mingear - Palm Tree Removal - Video
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April 24, 2013 by
Mr HomeBuilder
Grinnell Mutuals Special Investigations Unit releases a video in which investigators describe how home sprinkler systems work to protect lives and property. This video follows a home fire safety burn cell demonstration released in March that showed the effectiveness of residential sprinkler systems.
Grinnell, Iowa (PRWEB) April 23, 2013
Sprinkler systems absolutely save lives. Im not aware of any fire fatalities in a commercial building that had a sprinkler system installed in which someone died from a normal fire. An event such as the 9/11 terrorist attacks are an exception, said Clark, assistant vice president of Grinnell Mutuals Special Investigations Unit. Beyond that, Ive never heard of any fire deaths reported in a residential structure in which sprinklers were installed and a fire occurred.
According to Knobloch, wet systems are commonly used for home sprinkler systems. In a wet system, water runs into the pipes from the water meter to the sprinkler head.
The sprinkler head is mounted into either the ceiling or wall as determined by the specs for the home, explained Knobloch, Special Investigations manager. If a fire occurs, the heat generated from the fire activates the sprinkler head. Water is released into the room, suppressing the fire until fire personnel arrive to do the complete extinguish.
While home sprinkler systems do not extinguish fires, they do allow time for people to evacuate time that is critical in allowing people to escape a burning building. Temperatures in a room without a sprinkler system are estimated to reach flashover the point at which all combustible materials in a room simultaneously ignite within just five minutes of a small fire beginning.
Once the sprinkler system activates, it will suppress the fire long enough for anyone in the building to get out, said Knobloch.
Can sprinklers be installed in existing homes?
While its easier to install a home sprinkler system in the course of construction, it is possible to install a system in an existing home.
With new construction you can lay out the sprinkler system in the blueprints and have everything installed before drywall or carpets are put in. But, you can retrofit an existing home using ceiling and wall mounts, said Clark. In fact, you can cover most of the areas in existing homes at a fairly modest expense and without a lot of interruption to your daily life.
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Grinnell Mutual Answers Questions about Home Fire Sprinkler Systems
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April 24, 2013 by
Mr HomeBuilder
NRL 2013: Sterlo - In the Sheds with Ricky Stuart
Fox Sports has given the fans of the game great insight into what it #39;s like to be in the sheds of an NRL team. This part of the Sterlo show, recorded Thursda...
By: azsportza
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NRL 2013: Sterlo - In the Sheds with Ricky Stuart - Video
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April 24, 2013 by
Mr HomeBuilder
Paul John Coulter Published 24 Apr 2013 10:00 1 Comment
AN AUDACIOUS idea has been floated to relocate Greenock's James Watt College - to the town's historic Sugar Sheds.
Local MSP Stuart McMillan is calling for a feasibility study to be carried out to look into the possibility of a new campus at James Watt Dock, writing to college bosses, Riverside Inverclyde, the council and Clydeport about the suggestion.
The college is set to merge with its counterparts in Paisley and Clydebank and the current condition of its Finnart Street HQ has prompted the SNP's Mr McMillan to start a debate.
He said: "With the Scottish Government's college regionalisation process currently under way, there are exciting times ahead for students and lecturers in the west of Scotland.
"One of the areas that may be uncertain however is the fabric of the buildings at JWC on Finnart Street.
"As the current economic climate is still slower than we would all wish for, it may be the opportune time for Riverside Inverclyde and its partners to consider a 'plan B' for the James Watt Dock site in terms of regeneration.
"Education has a pivotal role to play in regeneration and utilising the iconic Sugar Sheds may provide a once in a lifetime opportunity to provide a truly inspirational facility."
The college moved to its current Finnart Street home in 1973 and there has been investment in the building over the years, with 2.6 million from the Scottish Government spent on refurbishment in January 2009.
But Mr McMillan believes there are question marks over the long term viability of the distinctive building.
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Calls for college to move to Sugar Sheds
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April 24, 2013 by
Mr HomeBuilder
Its a new Amish storage sheds season and Sheds Unlimited INC is entering the year with many options for garden storage sheds from PA. From the simple wooden storage sheds to the complex two story modular office sheds and portable garages, this Pennsylvania-based family-owned corporation is offering fresh options for 2013.
Baltimore, MD (PRWEB) April 23, 2013
When Sheds Unlimited began producing storage sheds on the family farm over twenty-five years ago, they built only wooden storage sheds. For several years, that was the norm until vinyl storage sheds began to take hold. Next, the growing family business added a line of Classic Storage Sheds which sport wider overhangs, a steeper roof pitch and a few other fancy features to make the building stand out from the rest. But there was more to come!
In the recent years, this Amish-Mennonite operated business expanded their line to include two story storage sheds, modular garages and recently the most outstanding of all, the Premier Garden Storage Sheds. These backyard garden storage sheds, claim the Sheds Unlimited managers, are among the most beautiful garden storage sheds and portable garages built in Lancaster County, PA.
Other recent additions have been a line of swimming pool house sheds that have been a real hit for customers preparing for the hot summer weather and modular office shed options for delivery in PA, NJ, NY, CT, DE, MD, VA, WV and beyond. Enter the two story modular office at Sheds Unlimited and one might forget that he is in a portable shed. This building is massive! Two full floors with large dormers on the second floor to create a wide open space. The portable office shed is finished out inside with beautiful natural wood installed at an angle, a small bathroom and a good sized conference room on the second floor. Five or six office personnel sit in their office pods and answer calls from storage shed customers all over the northeastern part of the United States. It truly is an amazing work of art! And, it is truly modular.
Along with the growing line of products, Sheds Unlimited has experienced steady sales growth every year for the last number of years. And nearly all of those sales have been internet related sales direct to customers within 300 mile of this Amish Country PA storage sheds builder. Most of our customers never actually visit us before purchasing a storage shed, reports one of the managers in the office, they simply find us online and call in to place a storage shed or portable garage order.
Even those buying two story sheds or two and three car garages might never set foot on the crowded manufacturing facility within feet of the new prefabricated office building on the property. Some might spend tens of thousands of dollars without ever visiting the small farm based operation sixty miles west of Philadelphia. And reading the Sheds Unlimited Shed and Garage Reviews shows they have a large number of satisfied customers. Nevertheless, some customer opt to visit the business and might drive all the way from New York City just to see the storage sheds and portable garages offered by Sheds Unlimited INC.
And while the economy might seem a bit unstable to many of us, Sheds Unlimited is hoping to expand into a new and bigger storage shed facility in the next few years. They have just begun working with the Salisbury Township on a plan to building a new manufacturing facility on the home family farm. We are hoping and praying for more good years ahead! says Chris Stoltzfus, an owner and manager in this growing family owned corporation.
Stephen J Stoltzfus Jr. Sheds Unlimited INC 717-442-9055 Email Information
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Pennsylvania Storage Sheds Builder, Sheds Unlimited INC, Meets the 2013 Season with Fresh Storage Shed Ideas
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April 24, 2013 by
Mr HomeBuilder
Advantages of Cooking area Remodeling
http://www.generalcontractormountainview.com Jim Zenk has been serving the Bay Area because 1985 creating brand-new houses and redesigning. As your Mountain ...
By: Buchi khan
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Advantages of Cooking area Remodeling - Video
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April 24, 2013 by
Mr HomeBuilder
SOMERTON For Judge Manuel Figueroa, the remodeling of the Somerton Municipal Court couldn't come too soon.
The building that houses the court was built around 1938, he said, and since the 1980s, it's undergone no renovation.
The problems we had were insufficient space and security risks. For example, with the WIC (Women, Infants and Children) Program being in the same building, it could happen that prisoners would pass areas where there were children, or the judge had to cross paths with people who had cases in the court.
But a remodeling project undertaken by the city at a cost of nearly $260,000 will improve security and functionality for both employees and the public in the courtroom that handles 7,000 cases annually, Figueroa said.
Renovation of the courtroom at 350 W. Main St. began in August and is nearly wrapped up, with installation of interior and exterior security cameras still to be completed.
It was a total remodeling, Figueroa said. Practically all that remains of the building is the structure and the four walls. It was a necessary project because there was no space and because the entire court needs a professional image. A lot of time people's futures are decided here.
With the redesign, the building has a larger courtroom, an interview room for attorneys and their clients, plus new offices for court employees.
Until 2009, the building housed not only Somerton Municipal Court and the WIC Program, but also the Justice Court that serves south Yuma County. The Justice Court has since been relocated to San Luis, and while the WIC program remains in the Somerton building, the remodeling project has separated program clients from the court.
The remodeling included refurbishing of the building's exterior, floors and ceilings, rewiring and installation of a new telephone system.
As part of new security measures in the building, areas restricted to court employees are equipped with locks that are opened only with a password or through fingerprint identification.
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Remodeling improves security, functionality of Somerton Municipal Court
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April 24, 2013 by
Mr HomeBuilder
Jo Da Houma Hoe- Plumber (Flipset Fred Mixx)
Playin around jus an update. . . Follow me on IG @Oh_Thats_Pooh.
By: Pooh Young
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Jo Da Houma Hoe- Plumber (Flipset Fred Mixx) - Video
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April 24, 2013 by
Mr HomeBuilder
A day after the murder of a senior citizen in Jayanagar, the police have found that two people were involved in the crime. A special team has been dispatched to Tamil Nadu to track down the main accused, Ramachandra, the plumber.
A senior official involved in the investigation informed that at first it was believed that Ramachandra had acted alone.
However, it has emerged that a second man, Vasanth, was involved after the forensics team found two separate sets of fingerprints at the crime scene.
On Monday morning, Ramachandra, who was working in the house of the victim, Chandra Narasimha (78), enticed her older sisters, Munilakshamma (88) and Sharada (79) to the terrace on the pretext of repairing some pipe in their room upstairs.
Investigators suspect that Vasanth must have then entered the room on the ground floor, where later he was confronted by the victim.
In the ensuing attack, all the sisters were attacked and robbed of their jewellery and the house ransacked. The frail Chandra didnt survive the assault.
On Monday itself the police had taken into custody for questioning a close relative of Ramachandra and then had gone to the plumbers house. However, he had fled by then. A team has been sent to his native village in Tamil Nadu but the police refused to name the place.
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Plumber had an accomplice: police
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