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  • July 23, 2014
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  1. 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 ... (LTE) mobile networks and smartphones. Privately held Huawei yesterday said in a statement its first-half revenue grew 19 per cent to 135.8 billion yuan (HK$169.5 billion) from 113.8 billion ...

    http://www.scmp.com/business/china-business/article/1557079/huawei-sees-solid-year-after-first-half-sales-grow-19-cent
  2. Business - China Business - EARNINGS

    China's airlines hit hard by weaker yuan

    Posted Jul 17th 2014, 01:22am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Leading carriers have issued profit warnings for the first half because of exchange losses from dollar-based debts caused by aircraft purchases Mainland ... competition and higher taxes. The unprecedented depreciation of the yuan this year has been blamed by the nation's biggest airlines warning their first-half profits could shrink significantly. ...

    http://www.scmp.com/business/china-business/article/1555470/chinas-airlines-hit-hard-weaker-yuan
  3. Business - China Business - EARNINGS

    SMIC boosts margins on way to ninth straight profitable quarter

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

    ... the company's performance in the second-half of this year as the domestic roll-out of 4G mobile networks and sales of 4G smartphones continues to accelerate. Mainland customers consist of domestic ...

    http://www.scmp.com/business/china-business/article/1557110/smic-boosts-margins-way-ninth-straight-profitable-quarter
  4. Business - Companies - EARNINGS

    IBM revenue falls further in second quarter but beats market target

    Posted Jul 19th 2014, 01:58am by BLOOM

    ... to US$4.32 a share, 1 US cent higher than analysts' estimates. Rometty is banking on a strong second half to hit her targets for the company's performance even as IBM adapts ...

    http://www.scmp.com/business/companies/article/1556525/ibm-revenue-falls-further-second-quarter-beats-market-target
  5. Business - Money - EARNINGS

    Profit outlook dims for mainland China firms traded in the US market

    Posted Jul 01st 2014, 04:05am by Bloomberg

    ... Prices of new homes declined last month in half the 70 mainland cities tracked by the government for the first time in two years. SouFun, the country's biggest real estate information ...

    http://www.scmp.com/business/money/markets-investing/article/1543911/profit-outlook-dims-mainland-china-firms-traded-us
  6. Business - Commodities - EARNINGS

    Trafigura profit boosted by rise in commodity demand

    Posted Jun 17th 2014, 05:13am by Reuters

    ... Reuters in Singapore Trading firm sees first-half net grow by 24pc and expects volume increases to continue Trafigura profit boosted by rise in commodity demand Commodity trading giant Trafigura said its first-half net profit jumped 24 per cent, driven by a rise in volumes in its oil and bulk businesses, and forecast solid margins and volume growth for the second half. Trafigura, ...

    http://www.scmp.com/business/commodities/article/1534306/trafigura-profit-boosted-rise-commodity-demand
  7. 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

    ... 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 ... from property sales in Hong Kong and on the mainland, including three residential projects in Yuen Long and Sha Tin, grew 10 per cent in the first half to HK$14.03 billion. The company has ...

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

    Esprit reports HK$95 million gain but warns of an 'uncertain' second half

    Posted Feb 22nd 2014, 01:15am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Clothing retailer reports HK$95 million gain but warns of an 'uncertain' outlook for second half Esprit in the black with slim profit Cost cuts of more than HK$1 billion may have put Esprit back in the black for its fiscal first half, rebounding from a heavy loss the year before, but the clothing retailer is "uncertain" whether ...

    http://www.scmp.com/business/companies/article/1432918/esprit-reports-hk95-million-gain-warns-uncertain-second-half
  9. Business - Banking & Finance - EARNINGS

    HSBC expects to increase dividend

    Posted May 20th 2014, 12:56am by Jeanny Yu

    ... that it expected the lender to pay 49 US cents per share this year and 47 US cents next, citing a slowdown in revenue growth in emerging markets. HSBC generates more than half of its profits from emerging ...

    http://www.scmp.com/business/banking-finance/article/1515846/hsbc-expects-increase-dividend
  10. Business - Companies - EARNINGS

    SJM shares fall to eight-month low after revenue misses estimates

    Posted May 14th 2014, 01:20am by BLOOM

    ... performance in the second half should be helped by a move to dedicate more tables to premium-mass gamblers, Tse and Barclays analyst Vineet Sharma said. They bet in cash, unlike the high rollers who ...

    http://www.scmp.com/business/companies/article/1511494/sjm-shares-fall-eight-month-low-after-revenue-misses-estimates

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