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  • July 29, 2014
  • Last updated: 4:08am
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  1. 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 ...

  2. 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 ...

  3. Business - China Business - EARNINGS

    Mobile business boosts Baidu sales amid overseas expansion

    Posted Jul 26th 2014, 01:39am by Bien Perez and Sophie Yu

    ... Bien Perez and Sophie Yu Mainland internet search giant pushes expansion into overseas markets after recording 34 per cent increase in income for the second quarter Baidu profit buoyed ... to 11.99 billion yuan from 7.56 billion yuan. Baidu's mobile business, mostly search-related income, contributed 30 per cent to the company's revenue for the first time. "We hold ...

  4. Business - Companies - EARNINGS

    China sales help Nissan close in on chief Carlos Ghosn's key targets

    Posted Jul 29th 2014, 01:05am by BLOOM

    ... Bloomberg in Tokyo Strong demand in US also contributes to 37pc rise in net income for quarter to June, boosting optimism that chief's strategic goals will be met China sales help ... markets. Net income rose 37 per cent to 112.1 billion yen (HK$8.5 billion) in the April-June quarter, beating the 84.3 billion yen average estimate in an analyst survey. The profit increase may ...

  5. Business - Companies - EARNINGS

    Fast Retailing cuts 2014 profit forecast

    Posted Jul 11th 2014, 01:31am by BLOOM

    ... fiscal year, citing losses from its J Brand fashion unit in the US. Net income will probably be about 78 billion yen (HK$5.95 billion) for the year ending August, lower than its previous forecast ... outlets worldwide, mainly in the US, and opened its first directly-run store in Japan in October 2013, according to the company. Net income fell to 20.28 billion yen in the three months ended May ...

  6. Business - Companies - EARNINGS

    Google's second-quarter revenue tops estimates on robust ad sales

    Posted Jul 19th 2014, 01:58am by BLOOM

    ... the stock a buy. "It was a very good quarter," he added. Google shares climbed as much as 3 per cent in extended trading. Net income, including from Motorola Mobility, which is being sold ...

  7. Business - China Business - EARNINGS

    China's airlines hit hard by weaker yuan

    Posted Jul 17th 2014, 01:22am by SIJIA JIANG

    ... will be able to improve their income statement in the second half will depend on the outlook of the yuan," Cheng said. "If the yuan returns to its value at the beginning of this year, ...

  8. Business - Banking & Finance - EARNINGS

    Japanese banks failing to reward investors

    Posted Jul 05th 2014, 01:51am by BLOOM

    ... hamper lending income at home. After spending at least US$14 billion on acquisitions abroad over the past five years, none of the three has clinched a major deal this year. "The biggest ... Their retained earnings more than doubled to 12.8 trillion yen in the five years to March this year as profit rose on an economic recovery. Combined net income reached a record 2.5 trillion yen ...

  9. Business - Companies - EARNINGS

    Kerry Properties lifts interim income 59pc

    Posted Aug 22nd 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com The company says it will keep active in development and sales in spite of market uncertainties, adding it has no timeline for logistics unit spin-off Kerry Properties lifts interim income 59pc Kerry Properties said its net profit rose 59 per cent in the first half of 2013 versus the same period a year ago, but gave investors no guidance on the progress ...

  10. Business - Companies - EARNINGS

    Silver Base turns to its CEO for financial help

    Posted Jul 01st 2014, 04:05am by TIFFANY AP

    ... incoming cash was only 142 million yuan (HK$177.3 million) while net outflow of funds was 620 million yuan. As of March, short-term debt to be paid within the year was 355 million yuan but cash ...




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