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  1. Business - Companies - EARNINGS

    MTR looks to key property project after profit dip

    Posted Mar 11th 2014, 05:58pm by Charlotte So

    ... per cent to HK$3.8 billion. Income from transport operations in Hong Kong rose 4.4 per cent to HK$15 billion last year on 3 per cent growth in patronage. Operating profit from the unit ... A conflict between the Hong Kong government's plan to increase land supply and MTR's desire to maximise returns to shareholders escalated last week when Secretary for Development Paul Chan ...

    http://www.scmp.com/business/companies/article/1446161/mtr-looks-key-property-project-after-profit-dip
  2. Business - Companies - EARNINGS

    MTR to take HK$3 b hit over project delays

    Posted Aug 25th 2014, 05:36pm by CHIM SAU-WAI, JING YANG

    ... per cent to HK$19.5 billion. Revenue from its Hong Kong transport operations grew 6.5 per cent to HK$7.7 million. The company said it would continue to seek opportunities for rail-related ... were overshadowed by the announcements of delays in its new rail projects in Hong Kong, in particular the Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link. MTR said ...

    http://www.scmp.com/business/companies/article/1580581/mtr-net-grows-285pc-profit-property-development-slumps
  3. Business - Companies - EARNINGS

    OOIL turns around to a US$181m profit

    Posted Aug 11th 2014, 09:30am by Jasper Moiseiwitsch

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com Earnings at Hong Kong-listed Orient Overseas (International) Ltd (OOIL) turned around sharply in the first half of the year. The container ... of Le Havre. Tung Chee-chen, the chairman and chief executive of OOIL, is the brother of Tung Chee-hwa, who was Hong Kong’s first chief executive. Shares of OOIL rose 4.8 per cent to HK$42.85 ...

    http://www.scmp.com/business/companies/article/1571139/ooil-turns-around-us181m-profit
  4. Business - Commodities - EARNINGS

    Brightoil returns to the black with HK$599m profit

    Posted Sep 25th 2014, 09:51am by Eric Ng

    ... million in the 12 months to June 30, compared to a loss of HK$721.65 million in the previous year, it said in a filing to Hong Kong’s stock exchange. Revenue surged 52.4 per cent year-on-year ... period. Its marine transportation operation also turned in an operating profit of HK$55.5 million, compared to a loss of HK$134.9 million, as its oil tanker fleet capacity increased. “There is now ...

    http://www.scmp.com/business/commodities/article/1600045/brightoil-returns-black-hk599m-profit
  5. Business - Companies - EARNINGS

    Hutchison Port profit sinks on one-off costs from ACT acquisition, strike

    Posted Feb 12th 2014, 12:50am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Hutchison Port income sinks on one-off costs Hutchison Port Holdings Trust, which operates ports in Hong Kong and Shenzhen under Hutchison Whampoa, saw its earnings sink 25 per cent last year to HK$1.67 billion because of a big dip in its Hong Kong operation and the one-off concession to liners after a damaging strike last summer. ...

    http://www.scmp.com/business/companies/article/1426306/hutchison-port-profit-sinks-one-costs-act-acquisition-strike
  6. Business - Companies - EARNINGS

    Shun Tak boosts first-half core profit 225.6pc on strong property sales

    Posted Aug 29th 2014, 02:25pm by Yvonne Liu

    ... in the results announcement that three new property projects in Beijing, Hong Kong and Macau were expected to generate a promising revenue stream for the group over the medium term. ... by the Chatham Gate project in Hung Hom and One Central in Macau. Profit from the transport division jumped 106.25 per cent to HK$99 million. Its hospitality business benefited from a record-breaking ...

    http://www.scmp.com/business/companies/article/1581679/shun-tak-boosts-first-half-core-profit-2256pc-strong-property
  7. Business - Companies - EARNINGS

    Haier Electronics on lookout for more logistics acquisitions

    Posted Aug 27th 2014, 11:40am by BIEN PEREZ

    ... into the group's platform," Haier Electronics chairman Zhou Yun Jie said in a results statement to the Hong Kong stock exchange yesterday. Total capital expenditure of 367.53 million yuan (HK$462.05 ... giant Qingdao Haier, said the strategy would help meet demand on the mainland, where more enterprises are expected to outsource the storage, transport and distribution of their goods ...

    http://www.scmp.com/business/companies/article/1581090/haier-electronics-lookout-more-logistics-acquisitions
  8. Business - Companies - EARNINGS

    Sa Sa sales growth slows amid Occupy protests but CEO sees improvement

    Posted Nov 19th 2014, 04:05am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Sa Sa sales growth slows amid Occupy protests Cosmetics giant Sa Sa International Holdings saw same-store sales growth in Hong Kong and Macau slow to 2.4 per cent year on year from the start of last month to Sunday, down from 6.9 per cent in the six months to September. Chief executive Simon Kwok Siu-ming said the decline could be attributed ...

    http://www.scmp.com/business/companies/article/1643407/sa-sa-sales-growth-slows-amid-occupy-protests-ceo-sees
  9. Business - Companies - EARNINGS

    China Resources Enterprise sinks into losses

    Posted Nov 14th 2014, 03:09pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Revamp costs and anti-graft campaign push supermarket operator into red in third quarter Tesco stores to cloud CRE outlook Supermarket operator China Resources Enterprise (CRE) sank into a HK$71 million loss for the third quarter, compared with a profit of HK$920 million for the same period last year. In a statement to the Hong Kong stock ...

    http://www.scmp.com/business/companies/article/1639702/china-resources-sinks-losses
  10. Business - Money - EARNINGS

    HKEx says net profit growth up 7.25pc, but staff and legal fees from LME a drag

    Posted Nov 05th 2014, 02:36pm by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Hong Kong Exchanges and Clearing, the operator of the city’s stock and futures markets, reported a 7.25 per cent year-on-year net profit growth in the third ... the profit growth was due to higher turnover as some investors were actively trading in anticipation of the plan to connect the Hong Kong and Shanghai stock markets in October. The launch ...

    http://www.scmp.com/business/money/markets-investing/article/1632536/hkex-says-net-profit-growth-725pc-staff-and-legal

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