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  1. PCCW trust in 'early stages' as net earnings jump 28pc

    Posted Mar 23rd 2011, 12:00am by Staff Reporter

    ... yesterday announcing the company's results for last year. 'We simply have not developed the proposal to a point where we're able to take decisions on it and answer the very basic ... Bien Perez PCCW management wants to unlock more value from the company through the proposed spin-off of its telecommunications operations and its separate listing as a business trust. ...

  2. GM boosts mainland stake prior to US IPO

    Posted Nov 12th 2010, 12:00am by Staff Reporter

    ... and the BYDs,' he said, referring to several homegrown companies that have tended to capture the dragon's share of mainland demand for affordable passenger cars. SAIC-GM-Wuling's sales ...

  3. Cathay orders 36 jets as profit soars to HK$6.8b

    Posted Aug 05th 2010, 12:00am by Charlotte So

    ... as it rode a recovery in passenger numbers and cargo. The strong result, which surprised analysts, has prompted the company to launch a HK$73 billion acquisition of wide-body aircraft, the largest ... yesterday. Stripping out the one-off gain of HK$2.165 billion from the disposal of its stakes in Hong Kong Air Cargo Terminals and Hong Kong Aircraft Engineering Company, fuel-hedging losses ...

  4. SAIC targets fast-growing Indian market

    Posted May 22nd 2010, 12:00am by Kandy Wong

    ... ventures have reduced the gap between experienced foreign carmakers and the relatively new Chinese players. 'Of course, we're open-minded enough to develop the company domestically and globally with innovation,' Hu said. Even 20 years ago, SAIC was credited by former president and Shanghai's former mayor Jiang Zemin as one of the city's pillar companies. 'Why ...

  5. Greentown shareholders in for special dividend

    Posted Jun 18th 2009, 12:00am by Sandy Li

    ... Sandy Li Greentown China Holdings plans to propose a special dividend to reward its shareholders tomorrow after the company generated a record 17.3 billion yuan (HK$19.61 billion) ... per cent year on year to 11.5 billion yuan between January and May, of which 7.7 billion yuan was attributable to the company. David Ng, a property analyst at Royal Bank of Scotland Group, ...

  6. Shipping faces stormy waters

    Posted Sep 16th 2008, 12:00am by Amanda Lee

    .... 'Earnings performance of most container shipping companies in 2007 and the first half of 2008 have been supported by the strengths in the Asia-Europe trade lane. However, with the weakness ... Amanda Lee Earnings in the shipping sector are set to decrease in the short term as high fuel costs, the appreciation of the yuan and weaker demand from the United States and Europe take ...

  7. Brightoil goes back to basics for high margin

    Posted Jul 08th 2010, 12:00am by Eric Ng

    ... Eric Ng in Zhoushan Brightoil Petroleum, which delivers fuel oil to ships, has raised eyebrows with its high profit margin- nine times that of the industry leader. But its chairman says the reason is simple; it's all about buying low and selling high. The share price of the mainboard listed company- the only private firm licensed to provide duty-free fuel to international ...

  8. Hopewell to pour HK$12b into projects

    Posted Feb 05th 2010, 12:00am by Toh Han Shih

    ... in China we might consider investing in. Both companies have cash on hand and very strong balance sheets for future investment.' At the end of last year, Hopewell and HHI had a cash balance ... months to December, while earnings before income and tax (ebit) soared 97 per cent to HK$1.26 billion. The near-doubling of ebit was partly due to the fair-value gain of Hopewell's ...

  9. Avic gears up for great leap forward Beijing puts Big Aircraft project back into play

    Posted Sep 08th 2009, 12:00am by Charlotte So

    ... and streamlined the far-flung units of the flagship national aircraft manufacturing company, Aviation Industry Corp of China (Avic). Avic is the heart of the long-awaited Big Aircraft programme. Its six ... and Rolls-Royce. GE is confident about winning contracts to supply engines for the Big Aircraft project, the company's China chief told Reuters yesterday. GE Aviation, an engine supplier for Boeing, ...

  10. Dongfeng Motor to invest 33b yuan in green vehicles

    Posted Aug 29th 2008, 12:00am by Kandy Wong

    ... to HK$3.15 yesterday after the company announced that first-half net profit increased 27 per cent on Wednesday. The company is confident of surpassing average industry growth of more than 15 per cent ... vehicles with its global partners. Nissan chief executive Carlos Ghosn said the company would put more resources into developing electric cars, with 'green vehicles being the choice ...




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