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  • September 3, 2014
  • Last updated: 1:45pm
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  1. Business - China Business - EARNINGS

    Titan Petrochemicals back in black after selling off assets

    Posted Sep 01st 2014, 11:06am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Titan Petrochemicals, a debt-laden fuel logistics firm controlled by Guangdong Zhenrong Energy, said on Monday that its interim earnings had reverted to black after it disposed of at least 10 subsidiaries. In a filing with the Hong Kong stock exchange, Titan reported profit before tax from continuing operations of HK$3.77 billion in the first half ...

    http://www.scmp.com/business/china-business/article/1582812/titan-petrochemicals-back-black-after-selling-assets
  2. Business - Companies - EARNINGS

    SmarTone eyes better days ahead

    Posted Sep 01st 2014, 04:21am by BIEN PEREZ

    ... and media equity research for Asia, excluding Japan. "Nonetheless, we see the recent consolidation between HKT and CSL as a game changer for the Hong Kong wireless sector as we believe ... SmarTone said in a filing with the Hong Kong stock exchange that it had accepted the Communications Authority's offer to exercise the right of first refusal for the reassignment of its ...

    http://www.scmp.com/business/companies/article/1582454/smartone-eyes-better-days-ahead
  3. Business - Banking & Finance - EARNINGS

    China Construction Bank posts slower 9pc gain in first-half profit

    Posted Aug 30th 2014, 01:29am by DON WEINLAND

    ... was the final mid-year filing from major mainland lenders listed in Hong Kong. Growth at several banks has slowed markedly since last year. The average rate of growth at the five largest lenders ...

    http://www.scmp.com/business/banking-finance/article/1581924/china-construction-bank-posts-slower-9pc-gain-first-half
  4. Business - Companies - EARNINGS

    Shun Tak boosts first-half core profit 225.6pc on strong property sales

    Posted Aug 29th 2014, 02:25pm by Yvonne Liu

    ... in the results announcement that three new property projects in Beijing, Hong Kong and Macau were expected to generate a promising revenue stream for the group over the medium term. ...

    http://www.scmp.com/business/companies/article/1581679/shun-tak-boosts-first-half-core-profit-2256pc-strong-property
  5. Business - Companies - EARNINGS

    Citic’s interim core profit flat, supported by earnings from property development

    Posted Aug 29th 2014, 02:14pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Citic, China’s largest conglomerate and the Hong Kong-listed flagship of state-owned Citic Group, aims to expand its non-financial business so ... Ltd and was renamed Citic Ltd. It was the largest asset injection ever into a red chip – a Hong Kong-registered firm holding mainland Chinese state-owned assets – with the addition of various ...

    http://www.scmp.com/business/companies/article/1581677/citics-interim-core-profit-flat-supported-earnings-property
  6. Business - Banking & Finance - EARNINGS

    ICBC profit up 7 per cent as bad loans held in check

    Posted Aug 29th 2014, 01:14am by DON WEINLAND

    ... billion yuan a year ago, according to interim results filed with the Hong Kong stock exchange. However, along with the other major mainland banks that have reported interim earnings this year, ...

    http://www.scmp.com/business/banking-finance/article/1581603/icbc-profit-7-cent-bad-loans-held-check
  7. Business - Banking & Finance - EARNINGS

    Dah Sing profit climbs 29pc on lower China lending

    Posted Aug 28th 2014, 05:03am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Dah Sing profit up 29pc on lower China lending Dah Sing Banking Group, which owns Hong Kong's last family-owned bank, posted HK$1.4 billion in net ... to HK$1.01 billion in the same period, it said in a statement to the Hong Kong stock exchange. The two companies are part of unlisted parent Dah Sing Group. Dah Sing Banking Group also controls Banco ...

    http://www.scmp.com/business/banking-finance/article/1581319/dah-sing-profit-climbs-29pc-lower-china-lending
  8. Business - China Business - EARNINGS

    Insurer China Life diversifies with bid for Sinopec retail unit

    Posted Aug 28th 2014, 05:03am by Kwong Man-ki

    ... first-half earnings. The mainland's largest insurer said in a filing to the Hong Kong stock exchange its net profit for the first six months rose by 13.6 per cent to 18.4 billion yuan (HK$21.1 ...

    http://www.scmp.com/business/china-business/article/1581324/insurer-china-life-diversifies-bid-sinopec-retail-unit
  9. Business - Companies - EARNINGS

    Sino Land's core earnings decline 24pc for year

    Posted Aug 28th 2014, 05:03am by Yvonne Liu

    ... property companies in Hong Kong. With the inclusion of investment property revaluation gains, net profit was HK$8.92 billion, down 23.66 per cent from HK$11.69 billion a year earlier. The result ... HK$7.82 billion. Kenny Tang Sing-hing, a general manager at AMTD Financial Planning, said: "The overall results of Hong Kong developers released recently are better than market expectations. ...

    http://www.scmp.com/business/companies/article/1581321/sino-lands-core-earnings-decline-24pc-year
  10. Business - Companies - EARNINGS

    Core profit rises 10.5pc at Yuexiu Property

    Posted Aug 27th 2014, 05:59pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Yuexiu sees fluctuations in gross margin Guangzhou-based developer Yuexiu Property posted a 10.5 per cent year-on-year increase in first-half core earnings to 992 million yuan (HK$1.25 billion) but expects gross margin to fl ...

    http://www.scmp.com/business/companies/article/1581152/core-profit-rises-105pc-yuexiu-property

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