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  • October 22, 2014
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  1. HK's corporate earnings season going with a swing

    Posted Aug 05th 2010, 12:00am by Tom Holland

    ... with Tom Holland With first-half results coming in thick and fast, this is shaping up to be the strongest earnings season in years for Hong Kong companies. Yesterday, both Cathay Pacific Airways and Standard Chartered announced their interim earnings, and both were in record territory- a testimony to the strength of regional economies. Cathay Pacific shrugged off the effects ...

  2. Air China seeks deals as fuel cuts 15pc off earnings

    Posted Aug 27th 2008, 12:00am by Charlotte So

    ... said Kelvin Lau, a transport analyst at Daiwa Institute of Research. Thanks to the yuan's appreciation, the company posted 1.9 billion yuan in exchange gains in the first half, up 124 per ...

  3. Beverage makers enjoy solid earnings but face tough times

    Posted Sep 16th 2008, 12:00am by Jason Krupp

    ... Jason Krupp The market outlook for beverage makers Tingyi Holdings and Tsingtao Brewery is looking mixed, despite both companies posting solid half-year results in the first half of this year. Last month, noodle and beverage maker Tingyi reported a 33 per cent increase in first-half net income to US$128 million. Beer-maker Tsingtao also reported solid earnings growth ...

  4. Olympics weighs on mainland PC sales

    Posted Jul 22nd 2008, 12:00am by Staff Reporter

    ... of the year.' Lenovo president and chief executive William Amelio in May said that the company expected demand to continue growing despite global economic concerns. For its financial year to March, ... cent and No4 Acer had 7.2 per cent. Worldwide, Lenovo's strong sales in Europe, the Middle East and Africa helped offset a slowdown in Asia-Pacific sales. The company recorded 14 per cent ...

  5. Southern Grid to increase capital expenditure 20pc

    Posted Jan 22nd 2009, 12:00am by Carol Chan

    ... spending 20 per cent this year to 102.5 billion yuan (HK$116.28 billion) in response to the government's call to boost domestic consumption. The company, which distributes power in five ... and Administration Commission (Sasac) yesterday. The company's chairman, Yuan Maozhen, said it would increase spending by 30 billion yuan both this year and next to build and upgrade its power ...

  6. Beijing pulls out stops to arrest economic rot

    Posted Sep 22nd 2008, 12:00am by Staff Reporter

    ... 1,600-odd public companies also bode ill over the full year. First-half earnings were less than analysts had expected but the worst is yet to come as the mainland economy grinds into lower gear, ... consensus prediction of 20 per cent growth. It was the slowest first-half earnings growth since 2005 when listed companies posted a scant 4.16 profit rise. In comparison, companies saw earnings jump ...

  7. Lai See

    Posted Oct 04th 2008, 12:00am by Ben Kwok

    ... in the 1990s and now Sun Hung Kai Properties. This bumper volume of comments was backed up by Hang Lung's record profit, which in turn earned Mr Chan HK$35 million last year, up 165 per cent. ... also thanked the media for reporting the facts quickly and accurately, as well as his shareholders and investors. At least it made a change from those companies that have been advertising about ...

  8. Regional airlines brace for period of uncertainty

    Posted Sep 01st 2008, 12:00am by Andrea Li

    ... suffered first-half earnings losses and most of these 'have underperformed since January, with the exception of Singapore Airlines', said Mark Webb, HSBC's regional transport analyst. 'Airlines have come under the twin pressures of the fear of passenger demand slowdown and high fuel prices.' Hong Kong's Cathay Pacific recently announced an interim loss ...

  9. Chalco issues profit warning over cost surge, snowstorms

    Posted Jun 21st 2008, 12:00am by Carol Chan, Kandy Wong

    ... rise would increase Chalco's aluminium unit production cost by 2 per cent and lead to a cut in the company's earnings per share by 4 per cent this year and 8 per cent next year. Power ... as it would cut 5.6 per cent of forecast earnings this year and 11.2 per cent next year. The impact on steel and other metals companies would be limited, the bank said. Chalco's shares fell 2.64 ...

  10. Aftershocks shake equities markets

    Posted May 26th 2008, 12:00am by Staff Reporter

    ... in the companies' earnings growth this year. JP Morgan said that shares of Chinese companies would slide as high cost pressure made current valuation levels risky. A Shanghai-based fund manager said he ... economy had been battered by consecutive natural disasters this year, overshadowing the outlook for listed companies' earnings, analysts said. In January and February, a blizzard in southern ...




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