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  • August 21, 2014
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  1. Business - China Business - EARNINGS

    ZTE gears up for increase in 4G projects in second half

    Posted Aug 21st 2014, 01:28am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Leading telecoms equipment maker benefits from massive network construction as profit soars 264 per cent to 1.1 billion yuan in first half ZTE waits for global surge in 4G project investment ZTE Corp, the country's largest listed telecommunications equipment manufacturer, is gearing up for a fresh cycle of industry investments from ...

    http://www.scmp.com/business/china-business/article/1577965/zte-gears-increase-4g-projects-second-half
  2. Business - Companies - EARNINGS

    Geely cuts annual sales target after 20.4pc fall in first-half earnings

    Posted Aug 20th 2014, 02:44pm by Kwong Man-ki

    ... from foreign carmakers. Net profit fell 20.4 per cent from a year ago to 1.1 billion yuan (HK$1.38 billion). Analysts had predicted a more precipitous drop of 30 to 36 per cent. Revenue dived ...

    http://www.scmp.com/business/companies/article/1577677/geely-cuts-annual-sales-target-after-204pc-fall-first-half
  3. Business - Commodities - EARNINGS

    China Coal Energy's first-half profit plunges 76pc

    Posted Aug 18th 2014, 11:09am by Eric Ng

    ... in the second half by at least the 5.4 per cent achieved in the first half. China Coal's second-quarter net profit dived 87.8 per cent year on year to 166.43 million yuan, which Barclays' ...

    http://www.scmp.com/business/commodities/article/1575936/china-coal-energy-shares-rebound-early-drop
  4. Business - Commodities - EARNINGS

    Hidili’s loss bloated by mine shutdowns

    Posted Aug 08th 2014, 09:28am by Jasper Moiseiwitsch

    ... to reduce capacity in the mainland’s bloated coal mining sector. The firm said it suffered impairment costs of 709.55 million yuan as it wound down mines and wrote off equipment and structures. ...

    http://www.scmp.com/business/commodities/article/1568960/hidilis-loss-bloated-mine-shutdowns
  5. Business - Banking & Finance - EARNINGS

    Hang Seng Bank net profit tumbles 54pc

    Posted Aug 04th 2014, 07:58pm by Enoch Yiu

    ... by Industrial Bank, causing net profit before tax of the mainland business to dive 98 per cent. Excluding Industrial Bank, operating profit before tax was up 26.4 per cent, with stronger trade-related ...

    http://www.scmp.com/business/companies/article/1566353/hang-seng-bank-net-profit-tumbles-54pc
  6. Business - Companies - EARNINGS

    Losses narrow at i-Cable amid continued market challenges

    Posted Aug 06th 2014, 04:12pm by BIEN PEREZ

    ... the previous year. Capital expenditure increased modestly to HK$81 million, from HK$78 million a year ago, due to spending on network equipment as well as TV production and broadcast facilities. After ...

    http://www.scmp.com/business/companies/article/1567651/losses-narrow-i-cable-amid-continued-market-challenges
  7. Business - Companies - EARNINGS

    Anton tumbles on profit warning

    Posted Aug 04th 2014, 05:33pm by Eric Ng

    ... owned by chairman Luo Lin and 20 per cent by the world's largest oilfield services firm Schlumberger, said it also forecast lower profit margins due to higher staff, capital and equipment ...

    http://www.scmp.com/business/companies/article/1566274/anton-tumbles-profit-warning
  8. Business - China Business - EARNINGS

    Dongfang aims for 33GW goal in equipment output

    Posted Mar 12th 2014, 01:26am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com The generator manufacturer says clean energy is key to its plans, following a 7pc rise in net profit Dongfang aims for 33GW goal in equipment output Dongfang Electric Corp, one of the mainland's largest makers of generators, posted modest growth in net profit last year while announcing plans to produce equipment with 33 gigawatts of generating ...

    http://www.scmp.com/business/china-business/article/1446697/dongfang-aims-33gw-goal-equipment-output
  9. Business - China Business - EARNINGS

    Huawei sees solid year after first-half sales grow 19 per cent

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Telecoms equipment supplier bullish on outlook after posting 19 per cent rise in first-half revenue Huawei expects strong demand for its products Huawei Technologies, the world's second-biggest telecommunications equipment supplier, aims to record "sustainable business growth" this year on strong demand for its 4G long term evolution ...

    http://www.scmp.com/business/china-business/article/1557079/huawei-sees-solid-year-after-first-half-sales-grow-19-cent
  10. Property - Hong Kong & China - EARNINGS

    New World Development's net profit dives 54.6 pc in first half

    Posted Feb 26th 2014, 02:55pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Developer blames sharp fall in revaluation gains for the performance as it maps strategy to counter negative effect of property cooling measures New World net dives 54.6 pc in first half New World Development's first-half net profit plunged 54.6 per cent, but the company said it would take measures to offset the negative impact ...

    http://www.scmp.com/property/hong-kong-china/article/1435599/new-world-developments-net-profit-dives-546-pc-first-half

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