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  1. Property - Hong Kong & China - EARNINGS

    Cheung Kong blames profit fall on developer discounts and incentives

    Posted Aug 01st 2014, 02:06am by Sandy Li

    ... Over the weekend, Mont Vert's phase one in Tai Po sold 400 out of 492 units after it offered price discounts to buyers of up to 15 per cent price. ...

    http://www.scmp.com/property/hong-kong-china/article/1563759/cheung-kong-blames-profit-fall-developer-discounts-and
  2. Business - Companies - EARNINGS

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

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

    ... Nissan close in on key targets Nissan, Japan's second-biggest carmaker, reported profit that beat analysts' estimate as deliveries rose in China and the United States, its two biggest ... competitiveness and profitability." In China, where Nissan is the biggest Japanese carmaker, sales rose 21 per cent in the quarter to 283,000 units, boosted by the X-trail SUV. Nissan is targeting ...

    http://www.scmp.com/business/companies/article/1561396/china-sales-help-nissan-close-chief-carlos-ghosns-key-targets
  3. Business - Companies - EARNINGS

    LVMH sales slow in Hong Kong as Chinese demand drops globally

    Posted Jul 25th 2014, 11:58am by Reuters

    ... the group's duty-free unit, DFS, had particularly suffered. Guiony's comments echoed watch specialist Swatch Group, which voiced concerns on Tuesday about the outlook in Hong Kong in the near ...

    http://www.scmp.com/business/companies/article/1558885/lvmh-sales-slow-hong-kong-chinese-demand-drops-around-world
  4. Business - China Business - EARNINGS

    Huawei sees solid year after first-half sales grow 19 per cent

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... 126 projects. Despite Huawei's inability to take part in the large telecommunications infrastructure market in the United States because of security concerns, Meng saw many opportunities ...

    http://www.scmp.com/business/china-business/article/1557079/huawei-sees-solid-year-after-first-half-sales-grow-19-cent
  5. Business - Companies - EARNINGS

    IBM revenue falls further in second quarter but beats market target

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

    ... The company has faced difficulties in the Chinese market as tensions over cyberhacking have risen between China and the United States. As Rometty tries to navigate IBM through the industry's ... to offload less profitable businesses, like the low-end server unit that Lenovo Group agreed to buy for US$2.3 billion, pending a US national security review. In a deal unveiled this week, IBM ...

    http://www.scmp.com/business/companies/article/1556525/ibm-revenue-falls-further-second-quarter-beats-market-target
  6. 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 ... not profitable" and did not meet target in the third quarter, Fast Retailing spokesman Keiji Furukawa said. There could be an impairment charge relating to the unit and costs of opening US stores ...

    http://www.scmp.com/business/companies/article/1551432/fast-retailing-cuts-2014-profit-forecast
  7. Business - Money - EARNINGS

    Profit outlook dims for mainland China firms traded in the US market

    Posted Jul 01st 2014, 04:05am by Bloomberg

    ... Bloomberg in New York Outlook dims over China slowdown The most actively traded mainland companies in the United States are on track to report the smallest profits in two years as growth in the world's second-largest economy decelerates to the slowest pace since 1990. Analysts covering stocks listed on the Bloomberg China-US Equity Index estimate that on average they will post earnings ...

    http://www.scmp.com/business/money/markets-investing/article/1543911/profit-outlook-dims-mainland-china-firms-traded-us
  8. Business - Companies - EARNINGS

    Foxconn chief Gou calls for patience as he invests to tap new markets

    Posted Jun 26th 2014, 01:07am by BLOOM

    ... be patient, don't be in a hurry," Gou said at the annual meeting of Hon Hai Precision Industry, Foxconn's largest unit. "I'm also the biggest shareholder, so if it's bad ...

    http://www.scmp.com/business/companies/article/1540545/foxconn-chief-gou-calls-patience-he-invests-tap-new-markets
  9. Business - Companies - EARNINGS

    Sony chief Kazuo Hirai's apology flags another year of losses

    Posted Jun 20th 2014, 12:59am by BLOOM

    ... as a leader." Hirai was promoted in April 2012, taking the helm of a firm that had lost money at its television unit since 2004. He failed to deliver on promises to turn the unit profitable ... manufacturing unit into a separate operating entity. The division is focused on so-called 4K ultra-high-definition sets and forecasts sales of 16 million liquid-crystal display television in the fiscal ...

    http://www.scmp.com/business/companies/article/1536396/sony-chief-kazuo-hirais-apology-flags-another-year-losses
  10. Business - Commodities - EARNINGS

    Profit at power firm Datang dragged down by coal-to-chemicals unit

    Posted Mar 27th 2014, 12:58am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Coal-to-chemicals unit drags down Datang profit Datang International Power Generation posted an underlying pre-tax profit growth of 54 per cent for last year, ... unit of China Datang Group is one of the five state-owned national power generation groups and its coal-to-chemicals operation was a factor in dragging down profits in 2013. Excluding a 241.5 ...

    http://www.scmp.com/business/commodities/article/1458109/profit-power-firm-datang-dragged-down-coal-chemicals-unit

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