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  1. Business - Companies - EARNINGS

    Net income triples at Alibaba as revenue jumps 46pc

    Posted Aug 28th 2014, 01:53pm by Reuters

    ... cent growth posted in the first quarter. Net income attributable to ordinary shareholders nearly tripled to US$1.99 billion, or 84 US cents per share, in the second quarter. [It] seems ...

    http://www.scmp.com/business/companies/article/1581422/net-income-triples-alibaba-revenue-jumps-46pc
  2. Business - Money - EARNINGS

    Melco net income falls 20pc; Macau stocks hammered

    Posted Aug 08th 2014, 04:28am by Sophie Yu, Bloomberg

    ... Sophie Yu and Bloomberg sophie.yu@scmp.com Slower-than-expected growth in mass market gaming revenues for July sparks sell-off in sector Macau stocks take hit as Melco's net profit drops 20pc Casino and entertainment resort operator Melco Crown Entertainment said yesterday its second-quarter unaudited net income fell over 20 per cent to US$143.6 million from a year ago. ...

    http://www.scmp.com/business/money/markets-investing/article/1568704/melco-net-income-falls-20pc-macau-stocks-hammered
  3. Property - Hong Kong & China - EARNINGS

    Link Reit distributable income jumps 14pc

    Posted Jun 04th 2014, 02:10pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Despite trend of falling retail sales, the landlord looks to improvements in household earnings Link Reit upbeat after 14.4pc gain in year's income The Link Real Estate Investment Trust, Asia's largest reit, said its total distributable income rose 14.36 per cent year on year to HK$3.83 billion for the year to March. Revenue rose 10 per ...

    http://www.scmp.com/property/hong-kong-china/article/1525222/link-reit-distributable-income-jumps-14pc
  4. Business - Banking & Finance - EARNINGS

    Construction Bank profit grows 11pc on interest income and cost controls

    Posted Mar 31st 2014, 05:27am by Zhang Hong

    ... Zhang Hong in Beijing hong.zhang@scmp.com Interest income boosts CCB profit 11pc China Construction Bank, the mainland's second-biggest bank by assets, recorded an 11 per cent gain in net profit to 214.7 billion yuan (HK$270 billion) for last year, thanks to steady growth in net interest income and effective control of operating costs. Net income was higher than the 193.2 ...

    http://www.scmp.com/business/banking-finance/article/1461184/construction-bank-profit-grows-11pc-interest-income-and
  5. Business - Companies - EARNINGS

    Hong Kong Jockey Club seeks higher returns from alternative investments

    Posted Sep 16th 2014, 03:23am by Enoch Yiu

    ... The organisation, whose after-tax income is mainly put into a charitable trust, increased its investment in alternative assets, including hedge funds, private equity funds and property, it said in its ... representing 8 per cent of Hong Kong's total tax income. Its charitable trust donations rose 85 per cent year on year to a record HK$3.6 billion. Louis Tse Ming-kwong, director of VC Brokerage, ...

    http://www.scmp.com/business/companies/article/1593468/hong-kong-jockey-club-seeks-higher-returns-alternative
  6. Property - Hong Kong & China - EARNINGS

    SHKP sees tough times ahead for property developers in Hong Kong

    Posted Sep 13th 2014, 04:08am by Sandy Li

    ... profit margins, after it reported a 14.99 per cent increase in full-year core profit. Driven by increased property sales and solid growth in rental income, SHKP reported underlying profit, ... increased 46.17 per cent to HK$10.51 billion, while net rental income grew 17 per cent to HK$14.27 billion. SHKP declared a final dividend of HK$2.40 per share, the same as last year. We will... ...

    http://www.scmp.com/property/hong-kong-china/article/1591291/shkp-sees-tough-times-ahead-property-developers-hong-kong
  7. Business - Banking & Finance - EARNINGS

    Huishang Bank net profit up 15.78pc

    Posted Aug 22nd 2014, 10:17am by Enoch Yiu

    ... yuan (HK$3.58 billion), driven by strong growth in interest and fee income that helped offset rising bad debts. The Anhui-based lender reported a net profit of 2.45 billion yuan in the same period last year. The profit growth was driven by 13.48 per cent year-on-year growth in net interest income to 5.36 billion yuan due to a strong 8.36 per cent growth in loans and advances ...

    http://www.scmp.com/business/banking-finance/article/1579003/huishang-bank-net-profit-1578pc
  8. Business - Companies - EARNINGS

    Interim profit plunges 48pc at Yue Yuen

    Posted Aug 14th 2014, 09:18am by Jasper Moiseiwitsch

    ... with the same period last year. Net income attributable to shareholders fell to US$101.4 million. One-off losses of US$116.7 million accounted for the decline. In its interim results, the firm said ... Yuen said it would provide extra pay and benefits to the staff of that factory and its other plants on the mainland, resulting in a US$112 million hit to income in the first half. Sales rose ...

    http://www.scmp.com/business/companies/article/1573319/interim-profit-plunges-48pc-yue-yuen
  9. Business - China Business - EARNINGS

    China Railway posts 5.3b yuan loss

    Posted Sep 01st 2014, 12:11pm by CHIM SAU-WAI

    ... of the year to 800 billion yuan at present. The government is also exploring ways to diversify railway income, including attracting investment from the private sector to step up financing ...

    http://www.scmp.com/business/china-business/article/1582844/china-railway-posts-53b-yuan-loss
  10. 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

    ... margin, a gauge on loan profitability, hit 2.62 per cent- five basis points higher than the same period a year ago. A more than 8 per cent year-on-year increase in net fee and commission income also helped drive growth. Net interest income grew about 10 per cent year on year to 237.6 billion yuan, pulled down slightly by People's Bank of China regulations, analysts said. ...

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

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