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  • July 25, 2014
  • Last updated: 8:01am
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Results 1 - 10 of 13 for corruption

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  1. Business - Companies - EARNINGS

    Silver Base turns to its CEO for financial help

    Posted Jul 01st 2014, 04:05am by TIFFANY AP

    ... in the firm, had agreed to help with funding Silver Base, the company said in a statement to the stock exchange. The company has been hit over the past two years by the anti-corruption campaign ...

  2. Business - China Business - EARNINGS

    Car dealer Sparkle seeks to regain glitter with new products

    Posted Jun 24th 2014, 05:58am by Sophie Yu

    ... that encourages frugality and focuses on a crackdown on corruption, which has a big impact on gift-giving," Sparkle said in the filing. ...

  3. Business - China Business - EARNINGS

    Sinopharm to step up drug sales in retail sector

    Posted Mar 25th 2014, 01:32am by Toh Han Shih

    ... government's corruption investigation of the pharmaceutical sector was "very good" for Sinopharm, said Wei. "The more regulated the market is, the better it is for a big listed company like us." In January, Sinopharm's former vice-president Shi Jinming was detained by the authorities for suspected corruption. Last year, police arrested several senior executives ...

  4. Business - China Business - EARNINGS

    China Resources is hit by extravaganza clampdown

    Posted May 17th 2013, 12:00am by Charlotte So

    ... stake in the mainland's largest brewer, Snow, blamed the decline in its retail sales on the government's recent promise to fight corruption. "The calls to curb receptions, ...

  5. Business - Companies - EARNINGS

    Baijiu producer hit hard by mainland China crackdown

    Posted Dec 03rd 2013, 05:45am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Baijiu producer hit hard by mainland crackdown Baijiu producer Silver Base's interim loss jumped 335 per cent from the same period last year as it continues to reel from Beijing's drive to check the practice of giving expensive gifts as part of a crackdown on corruption. The high-end liquor and cigarette seller said losses widened ...

  6. Business - Companies - EARNINGS

    Currency gains help keep Air China in the black

    Posted Aug 28th 2013, 12:00am by Charlotte So

    ... in exchange gains. Yuan appreciation in the period reduced its US dollar-dominated debt and resulted in a paper gain. The anti-corruption campaign launched by Beijing has taken a toll on premium ...

  7. Business - Companies - EARNINGS

    China Resources, Tesco mull joint bid for ParknShop

    Posted Aug 22nd 2013, 12:00am by Charlotte So

    ... announced net profit plunged 54 per cent to HK$1.02 billion in the first half as demand for consumer products grew at the slowest pace since 2006 in the wake of the anti-corruption campaign launched ...

  8. Business - Money - EARNINGS

    Hong Kong-listed firms’ results reflect China’s slowdown

    Posted Sep 02nd 2013, 12:00am by Benjamin Robertson

    ... as "bottoming out", Francis Cheung of CLSA, said a tough job market, slowing wage growth and the continuing anti-corruption campaign were having an impact on consumer spending. "The Chinese ...

  9. Business - Companies - EARNINGS

    Hard landing for mainland China airlines

    Posted Apr 27th 2013, 12:00am by Charlotte So, KANIS LI

    ... railway and Beijing's crackdown on corruption. The airline's shares fell up to 5.6 per cent before closing at HK$4.08 yesterday. China Southern's net profit plunged 82 per cent ... in light of Beijing's anti-corruption push," the executive added, but did not elaborate. The airline reported 23.58 billion yuan in sales for the quarter, down 0.4 per cent down from ...

  10. Business - Companies - EARNINGS

    Silver Base switches tack after plunge into the red

    Posted Jul 03rd 2013, 12:00am by RACHEL BUTT

    ... on the mainland and Beijing's crackdown on corruption. Gross profit plunged 97.7 per cent to HK$32.3 million. The company took an impairment of HK$507 million by way of trade receivables. One ...




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