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  • October 24, 2014
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  1. Shenzhen Airport net soars 275pc in first half

    Posted Aug 01st 2009, 12:00am by Charlotte So

    ... Charlotte So Shenzhen Airport, the operator of the mainland's fifth-busiest airport, saw profit surge 275 per cent in the first half as Beijing's stimulus package boosted air ... nationwide. Shenzhen Airport's nearby competitor, Guangzhou Baiyun International Airport, also benefited from rising air traffic. It handled 17.83 million passengers in the first half, up 7.2 per ...

  2. Supermarket leader Lianhua posts 70.5pc profit surge in first half

    Posted Aug 13th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Lianhua Supermarket Holdings, the mainland's largest supermarket and hypermarket chain operator, delivered a 70.54 per cent surge in first-half net profit to 224.5 million yuan (HK$256.03 million), according to its parent company. Lianhua's first-half sales rose 18.13 per cent, its parent Shanghai Friendship Group said in a filing with the Shanghai ...

  3. Lifestyle posts 41.9pc income gain but expects moderate second half

    Posted Aug 12th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Lifestyle International Holdings, operator of Hong Kong's Sogo department stores, says it remains cautious about the retail market outlook for the second half of the year after posting 41.9 per cent growth in first-half net profit. The company ysterday said exceptionally robust sales growth in last year's second half, largely boosted by the buoyant property ...

  4. 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 ...

  5. Business - China Business - PROPERTY

    China Vanke follows rich Chinese to grow abroad

    Posted Apr 18th 2013, 12:00am by Peggy Sito

    ... million last October. The project, comprising 726 residential units, may be launched in the second half of this year. China Vanke made its first foray into Hong Kong's property market ...

  6. Business - China Business - SHIPPING

    Cosco arm may dip toe into leasing

    Posted Feb 21st 2013, 12:00am by Keith Wallis

    ... in October of a facility producing paint for shipping containers to replace an outdated plant. Cosco International, which reported a first-half net profit of HK$232.4 million and cash reserves of HK$5.5 billion, was keen to expand its core marine fuels business, one of the people said. He said the firm was still interested in acquiring Cosco's half stake in marine fuels company China ...

  7. Business - Companies - EARNINGS

    L'Occitane on track to reach store expansion target

    Posted Nov 28th 2012, 12:00am by Eric Ng

    ... this year despite slower global economic growth, as it reports a better-than-expected first-half profit growth. The company posted a 16.3 per cent year-on-year rise in net profit to €33.7 million ... citing higher tax expense. Sales are typically skewed towards the second half, with the Christmas-shopping-heavy October-December quarter accounting for 40 per cent of annual sales and 22 per ...

  8. Business - Companies - EARNINGS

    Cafe de Coral expansion stays on track despite rising costs

    Posted Nov 27th 2012, 12:00am by Sophie Yu

    ... Mike Lim Hung-chun said the company would maintain its earlier announced plan for shop openings. The company opened 14 outlets in Hong Kong and 15 on the mainland in the first half ... half, but when development slows, it is also possible to see good investment opportunities as rent and other costs may decrease," he said. In Hong Kong, the company operated 151 Cafe de ...

  9. Business - China Business - TELECOMMUNICATIONS

    ZTE aims to sharpen focus on US enterprise market

    Posted Feb 12th 2013, 12:00am by BIEN PEREZ

    ... trillion last year. "After developing this business in our domestic market over the past 10 years, we decided last year to grow overseas," Xu said. More than half of the firm's ...

  10. Business - China Business - EARNINGS

    Li Ning falls on warning of big full-year losses

    Posted Dec 18th 2012, 12:00am by Celine Sun

    ... Earlier this year, Li Ning said first-half profit plunged 85 per cent to 44 million yuan. "Overexpansion has caused channel partners' inventory to build up and their store productivity ...




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