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  • July 10, 2014
  • Last updated: 11:10pm
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  1. Business - China Business - EARNINGS

    Tencent surges as profit beats estimates on mobile games, ads

    Posted May 16th 2014, 01:05am by BLOOM

    ... The company's open platform shared five billion yuan in revenue with developers, Dowson Tong Taosang, the president of the social network group, said at a conference last week. Tencent's social-network business, which includes QZone, a platform that allows users to write blogs and upload photos, helped generate revenue of four billion yuan. Monthly users of QZone on their mobile devices ...

  2. Business - China Business - EARNINGS

    Profit at tech firm Tencent up 60pc in first quarter year on year

    Posted May 15th 2014, 01:43am by Sophie Yu

    ... the services when the related security issues are sorted," Liu said. Yesterday, shareholders approved the company's proposal of a one to five stock split as Tencent tries not to shut out ...

  3. Business - Companies - EARNINGS

    HTC eyes US with flagship M8 phone

    Posted May 07th 2014, 01:08am by Reuters

    ... in the second quarter of last year compared with expectations of nearly twice that amount, according to estimates by Yuanta Securities analyst Dennis Chan. Sales of the M8 had exceeded M7 sales ...

  4. Business - Companies - EARNINGS

    LG enjoys boom in large screen TVs from Winter Olympics, World Cup

    Posted Apr 30th 2014, 01:31am by BLOOM

    ... Daewoo Securities' analyst, before the earnings release. "Profits from TVs will remain strong well into the second quarter with Korean companies likely to outperform their rivals." ...

  5. Business - China Business - EARNINGS

    Shift in business focus pays off for Haitong International Securities

    Posted Mar 05th 2014, 01:38am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Shift in business focus pays off for Haitong Haitong International Securities, the overseas arm of the mainland's second-largest brokerage, said net income rose 80 per cent to HK$529 million last year. The results, foreshadowed in a positive profit alert last month, were bolstered by improved broking and margin financing business, and strong ...

  6. Business - China Business - EARNINGS

    Component supplier AAC bets on broader product line to boost sales

    Posted Mar 26th 2014, 06:34am by BIEN PEREZ

    ... such as miniature antennae and optical lenses, to become a "comprehensive miniature components solution provider". "We are confident of replicating our success in the acoustic business ...

  7. Business - Companies - EARNINGS

    Aluminium producer Rusal posts US$3.2b loss

    Posted Mar 29th 2014, 01:13am by Reuters

    ... and it should have sufficient liquidity to meet its obligations. It had also secured additional financing from a major customer and identified non-core assets it could sell if aluminium prices fell ...

  8. Business - China Business - EARNINGS

    China Life Insurance gears up to tackle slowing market

    Posted Mar 27th 2014, 12:58am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com China Life gears up to tackle slowing market China Life Insurance, the mainland's largest insurer, hopes to secure better profit margins by boosting longer-term premium growth and improving sales channels amid an expected slowdown in the business. New company president Lin Dairen said yesterday it would prioritise value for its ...

  9. Business - China Business - EARNINGS

    ZTE eyes new 'wearable' products amid increased push into 4G market

    Posted Mar 27th 2014, 12:58am by BIEN PEREZ

    ... camera controller, a pedometer and caller ID display, and can be used to access social media. ZTE returned to profit through stringent cost controls over the execution of low-margin contracts ...

  10. Business - Commodities - EARNINGS

    Profit at power firm Datang dragged down by coal-to-chemicals unit

    Posted Mar 27th 2014, 12:58am by Eric Ng

    ... in late 2008, but the technical issues meant it had to go through several years of trials. Dave Dai, head of regional clean energy and utilities research at Daiwa Securities, expects the project ...




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