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  • April 21, 2014
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  1. Champion Reit distributable income falls 17.4pc

    Posted Feb 22nd 2011, 12:00am by Paggie Leung

    ... Paggie Leung Champion Real Estate Investment Trust expects a better performance this year after its distributable income dived 17.4 per cent last year because of the delayed impact of the global financial crisis. The property trust, a spin-off of Great Eagle Holdings, yesterday said its distributable income dropped to HK$1.08 billion last year and its net property income fell 11.7 ...

  2. Bankers upbeat on prospects as recovery lifts income and profits

    Posted Aug 31st 2009, 12:00am by Enoch Yiu

    ... Maria Chan and Enoch Yiu Hong Kong bankers are generally optimistic about the second half of this year, believing the economic recovery will gain momentum while improving investment markets will add fee income and trading profits. Provisions for the Lehman minibond losses have taken their toll, with some lenders making huge bad-debt provisions for the HK$6.3 billion ...

  3. Number of wealthier investors growing as income gap widens

    Posted Apr 01st 2009, 12:00am by Will Clem

    ... high-end investors - categorised by people whose main source of income is from their investments - with portfolios valued at more than 10 million yuan at the end of last year. Beijing, Shanghai, ...

  4. Power firms pin income hopes on cheaper coal

    Posted Apr 06th 2009, 12:00am by Eric Ng

    ... Eric Ng Huaneng Power International and Datang International Power Generation - the two biggest of five mainland power producers listed in Hong Kong - are pinning their hopes on lower coal prices to achieve a marked turnaround in profitability. Analysts e ...

  5. Foreign insurers' share of new premium income slides in April

    Posted Jun 22nd 2009, 12:00am by Staff Reporter

    ... Natalie Chiu The share of monthly new premium income earned by foreign insurers operating in the mainland's life insurance market slumped to 4.64 per cent in April from 5.13 per cent a year earlier, latest data from the China Insurance Regulatory Commission shows. Domestic life insurers, meanwhile, saw their new monthly premium income grow 9 per cent in the same month, ...

  6. Income plunges at Century City and Paliburg

    Posted Sep 11th 2008, 12:00am by Staff Reporter

    ... Fulton Mak Century City International Holdings and Paliburg Holdings, property developers led by chairman Lo Yuk-sui, posted a significant drop in interim net profit due to a special gain from an asset sale the previous year. Paliburg posted a 74.6 per ce ...

  7. Cosco earnings drop 44pc as property income dives

    Posted Sep 13th 2008, 12:00am by Charlotte So

    ... Charlotte So Cosco International Holdings, a property-turned-shipping services company, saw profit fall 43.74 per cent in the first six months of the year following a drop in contribution from an associated property business. Net profit fell to HK$225.2 m ...

  8. PetroChina slashing investment in non-core operations to lift income

    Posted Aug 01st 2008, 12:00am by Eric Ng

    ... Eric Ng PetroChina, the nation's largest oil and gas producer, plans to cut investment in non-core operations by 20.7 billion yuan (HK$23.64 billion), or 10 per cent of its planned capital spending for this year, as it struggles to boost slumping pro ...

  9. Kerry sees 10pc gain in rental income

    Posted Aug 31st 2004, 12:00am by Staff Reporter

    ... property Ernest Kong Kerry Properties has seen a 10 per cent increase in rental income in Hong Kong for the first six months of this year. The company, which focuses on the luxury rental market, said it earned about HK$150 million in rental income from about 400 residential units during the period. Kerry Real Estate Agency executive director Chu Ip-pui was optimistic about ...

  10. Fubon sets new income targets for IBA

    Posted Mar 29th 2005, 12:00am by Eric Ng

    ... Eric Ng Taiwan's Fubon Financial Holding has vowed to raise the return-equity ratio of its local unit, International Bank of Asia (IBA), from just more than 8 per cent to 12 per cent in three years. Fubon Financial chief financial officer Victor Kung ...




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