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  • September 18, 2014
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  1. China Mobile posts 4.2pc rise in first-half earnings

    Posted Aug 20th 2010, 12:00am by Sophie Yu

    ... that first-half profit rose 4.2 per cent to 57.64 billion yuan (HK$65.86 billion), compared with 55.33 billion yuan a year earlier. Revenue was up 7.9 per cent to 229.82 billion yuan year on year. Wang attributed the growth to 'healthy momentum' of the mainland economy in the first half. But high and increasing mobile penetration rates, intensified competition and huge investments ...

  2. CLP back in the black but second-half outlook cloudy

    Posted Aug 17th 2010, 12:00am by Denise Tsang

    ... Denise Tsang CLP Holdings' key mainland power plant helped propel the company to a 23 per cent rise in underlying profit in the first half, but its performance in the later part ... in the first half compared with a loss of HK$84 million in the same period last year. This was because of China's worst drought in decades wreaking havoc in the southwest of the country ...

  3. SAIC looks at huge rise in profits for first half

    Posted Jul 21st 2010, 12:00am by Staff Reporter

    ... ventures with Volkswagen and General Motors. Shanghai-based SAIC's first half profit probably rose more than 300 per cent from 1.45 billion yuan (HK$1.66 billion) a year earlier, the company said yesterday in an announcement to the Shanghai stock exchange. First-half sales rose 44 per cent from a year ago to 1.77 million units, the company said. It didn't provide a profit ...

  4. VTech posts 33pc growth in first-half net profit

    Posted Nov 26th 2009, 12:00am by Staff Reporter

    ... products and contract manufacturing businesses. Demand in Europe remained weak. Chairman and group chief executive Allan Wong Chi-yun said: 'The first half of the financial year 2010 has been ... 33.3 per cent year from a year earlier. North America remained its largest market worldwide, providing revenue growth of 5.7 per cent to US$441.8 million during the first half of its current ...

  5. Tanrich earnings likely to rebound in second half

    Posted Sep 21st 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun Brokerage house Tanrich Financial Holdings is likely to be a winner in the second half owing to the strong stock market rebound since late March. The firm is expected ... in turnover in June and July led the firm to enjoy a more positive outlook in the second half. Tanrich, one of the more active retail brokerages in the city, provides a wide range of financial ...

  6. Sino-Ocean Land net soars 24pc in first half

    Posted Sep 02nd 2009, 12:00am by Yvonne Liu

    ... a revaluation gain on a new investment property. Turnover rose 7 per cent to 3.49 billion yuan in the first half from 3.25 billion yuan a year ago and earnings per share increased to 14 fen from 12 fen. ... area delivered in the first half, the average selling price fell 34 per cent to 9,369 yuan per square metre from 12,518 yuan in the same period last year. Floor area completed in the first half ...

  7. China Railway expects to outdo first-half profit

    Posted Sep 01st 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih China Railway Group is optimistic earnings this year will beat its strong first-half results but says revenue will slow next year when the impact of the four trillion yuan (HK$4.54 trillion) mainland stimulus begins to wear off. 'Our results at the end of this year will be better than the first half,' said Shi Dahua, the chairman of the state-owned rail ...

  8. Shun Tak earnings dive 87.6pc in first half as crude prices rocket

    Posted Sep 18th 2008, 12:00am by Staff Reporter

    ... costs. 'The shipping operation confronted the considerable challenge of surging fuel prices during the first half of the year, when average fuel prices rose by 77 per cent as compared ... and a lack of special gains to match a HK$291.18 million valuation gain last year from assets acquired from subsidiaries. Shun Tak's first-half net profit was HK$84.1 million, down from ...

  9. Airlines cut staff bonuses by half

    Posted Nov 20th 2008, 12:00am by Charlotte So, Joyce Man

    ... Joyce Man and Charlotte So Cathay, Dragonair to raise pay next year Cathay Pacific and its affiliate Dragonair cut staff bonuses by half yesterday, but raised their salaries, as Cathay ... at other firms. The discretionary bonus, however, will be cut next year to half a month, or HK$8,000- whichever is greater- from a full month this year. Crew members at Dragonair, numbering about ...

  10. Cathay warns first-half earnings will disappoint

    Posted Jul 03rd 2008, 12:00am by Charlotte So

    ... as record-high fuel prices threaten the aviation sector with its worst crisis since the Sars outbreak five years ago. In only the second profit warning in its history, Cathay yesterday said half ... The airline said average fuel prices in the first half were 60 per cent above their levels in the same period last year. Fuel costs account for more than 40 per cent of the carrier's total costs, ...




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