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  • October 1, 2014
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  1. Property - Hong Kong & China - RESULTS

    Longfor stock falls on poor results

    Posted Aug 04th 2014, 05:05pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Developer's first-half core profit falls 22pc with year's sales target at risk Downturn bites into Longfor earnings Shares of Hong Kong-listed Longfor Properties fell yesterday after the mainland developer reported a worse-than-expected 22.1 per cent drop in core profit to 2.13 billion yuan (HK$2.67 billion) in the first half as a market ...

  2. Business - Companies - RESULTS

    Next Media losses widen to HK$928m in first half

    Posted Dec 01st 2012, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Next Media losses widen to HK$928m in first half Next Media, which is in the process of selling its loss-making Taiwan businesses, has reported losses for the six months to September, almost triple that of last year. The group, which publishes the Chinese-language Apple Daily News and a number of magazines in Hong Kong, and has newspaper ...

  3. Business - Banking & Finance - RESULTS

    Asset quality issues shade Chongqing bank earnings

    Posted Aug 27th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com City lender boosts net profit 15pc for first half, but losses from asset impairment almost double Asset quality issues shade Chongqing bank earnings Chongqing ... in the first half of the year. The joint-stock bank said its net profit in the first half of the year rose 14.7 per cent to 3.21 billion yuan (HK$4.1 billion) on an increase in net interest income. ...

  4. Business - Banking & Finance - RESULTS

    Slowdown clips CCB earnings growth

    Posted Aug 26th 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Pressures on economy tell on bottom line, with bank's second quarter bringing weakest profit gain in five quarters, despite half-year record Slowdown ... analysts' estimates. For the first half, profit climbed 12.7 per cent to a record 119.7 billion yuan, driven by an increase in income from lending, and fee and commission services, a filing ...

  5. Business - China Business - RESULTS

    Beijing Enterprises upbeat on gas outlook

    Posted Aug 31st 2013, 12:00am by Eric Ng

    ... Enterprises derived 1.06 billion yuan (HK$1.33 billion) of first-half net profit from its stake in the pipeline, up 14.8 per cent year on year. The firm attributed the growth to a major drop ... China's gas demand grew 20 per cent year on year in the first half, we are confident the pipeline's throughput will resume strong growth," he said. Beijing Enterprises said ...

  6. Business - Companies - RESULTS

    Hutchison profit rise beats expectations

    Posted Aug 03rd 2013, 12:00am by CHARLOTTE SO AND SANDY LI

    ... of earnings forecasts by securities firms. Hutchison's 23 per cent jump in net profit for the first half of the year beat market expectations. It was driven by lower financial costs and a one-off ... of three projects in Hong Kong [The Beaumont, One West Kowloon and Kennedy Park at Central] will be booked in the second half of this year," he said. Cheung Kong shares rose 1.7 per cent ...

  7. Business - Banking & Finance - RESULTS

    HSBC likely to see substantial fall in profit

    Posted Aug 05th 2013, 12:00am by KANIS LI

    ... Chan said he was concerned if the investments HSBC made would affect the capital adequacy of the bank. Six analysts surveyed by Bloomberg expected first-half net profit at HSBC's ...

  8. Business - Companies - RESULTS

    Wharf backs down on assets plan

    Posted Jun 07th 2013, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Wharf backs down on assets plan The plan for the Hong Kong conglomerate The Wharf (Holdings) to have half of its total assets on the mainland may ... yuan was about half of our total assets," Woo said. "I think [the situation] now is OK. Should we put another 100 billion yuan in the mainland in the coming year? I think it's ...

  9. Business - Companies - RESULTS

    Earnings alerts paint grim picture for Hong Kong-listed firms

    Posted May 16th 2013, 12:00am by Kwong Man-ki

    ... which will be removed from the benchmark Hang Seng Index, said it expected to record a substantial loss in the second half of its financial year to June. Linus Yip Sheung-chi, a strategist ...

  10. Business - Companies - RESULTS

    Retailer to expand circle on mainland China

    Posted Mar 28th 2013, 12:00am by PAUL SOH

    ... the number of Saint Honore outlets in Guangzhou and other surrounding cities to approximately 80 this year. "Despite a challenging start in the first half of 2013 due to soft demand and escalating expenses, we expect consumer sentiment to improve in the second half of 2013," said Richard Yeung, chief executive of Convenience Retail Asia. Yeung said that although operating ...




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