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BusinessChina Business

Briefs, January 10, 2013

Unaudited net profit at Baoshan Iron & Steel, the country's largest listed steelmaker, rose about 40 per cent last year to 10.3 billion yuan (HK$12.8 billion), helped by the sale of some assets, the firm said. But operating profit before one-off items fell 33 per cent to 6.2 billion yuan.

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Unaudited net profit at Baoshan Iron & Steel, the country's largest listed steelmaker, rose about 40 per cent last year to 10.3 billion yuan (HK$12.8 billion), helped by the sale of some assets, the firm said. But operating profit before one-off items fell 33 per cent to 6.2 billion yuan. Reuters

 

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Citic Securities reported revenue of 1.07 billion yuan and net profit of 434.71 million yuan for last month and net assets of 72.54 billion yuan as of December 31. A year earlier, the Hong Kong-listed firm posted revenue of 8.92 billion yuan, net profit of 4.45 billion yuan and net assets of 73.9 billion yuan. Toh Han Shih

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