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  1. Business - China Business - EARNINGS

    MGM China reports 23pc rise in net profit

    Posted Aug 06th 2014, 10:28am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Macau casino operator MGM China posted a 23 per cent rise in year-on-year net profit during the six months ended June 30, driven by strong growth in the mass market segment. Net profit reached HK$3.04 billion, while revenue increased 12 per cent to HK$13.7 billion. The company, which is 51 per cent owned by US-listed MGM Resorts International, ...

    http://www.scmp.com/business/companies/article/1567448/mgm-china-reports-23pc-rise-net-profit
  2. Business - Companies - EARNINGS

    MGM profit in Macau misses market target

    Posted Nov 02nd 2013, 03:13am by BLOOM

    ... Bloomberg in Hong Kong MGM profit in Macau misses market target MGM China, a Macau casino operator, reported third-quarter profit that missed analyst estimates amid rising competition ... competition from bigger rivals such as Sands China and Galaxy Entertainment, which already have projects on the popular Cotai Strip in Macau. MGM has one casino on the peninsula and is building its ...

    http://www.scmp.com/business/companies/article/1345570/mgm-profit-macau-misses-market-target
  3. Business - Companies - EARNINGS

    Building boom drives China State Construction’s first-half profit up 25pc

    Posted Aug 14th 2014, 01:59pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China State Construction International posted a 24.93 per cent jump in first-half net profit as construction business boomed in Hong Kong and Macau. ... advantage of the booming market, the group’s construction business has become prosperous Zhou Yong, China State Construction chairman The firm signed contracts valued at HK$19.2 billion in the first ...

    http://www.scmp.com/business/companies/article/1573468/building-boom-sees-china-state-constructions-first-half-profit
  4. Business - China Business - EARNINGS

    China slowdown contributes to Unilever's 2 per cent drop in sales

    Posted Oct 24th 2014, 04:19am by AFP

    ... Agence France-Presse in The Hague Unilever sales affected by slowdown in China Dutch food and cosmetics giant Unilever posted a 2 per cent drop in third-quarter sales yesterday, blaming a slowdown in emerging markets, particularly China. Turnover dropped to €12.2 billion (HK$121.3 billion), also weighed down by a negative currency impact of 2.6 per cent, it said. "Market growth ...

    http://www.scmp.com/business/china-business/article/1623290/china-slowdown-contributes-unilevers-2-cent-drop-sales
  5. Business - China Business - EARNINGS

    China Overseas Land & Investment lifts operating profit 13.4pc

    Posted Oct 21st 2014, 01:55pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com China Overseas Land & Investment has defied a downturn in the property market to boost operating profit 13.4 per cent to HK$22.14 billion for the first nine ... market environment, China Overseas Land said, the group and its joint-venture operations secured contracted sales of HK$105.6 billion from January to September. It has achieved 75.4 per cent ...

    http://www.scmp.com/business/china-business/article/1621228/china-overseas-land-investment-lifts-operating-profit-134pc
  6. Business - Companies - EARNINGS

    Sands China on target with 3.3pc profit gain in third quarter

    Posted Oct 16th 2014, 02:03pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Macau casino operator posts earnings of US$809 million for quarter, meeting analyst forecasts despite squeeze in market conditions Sands China on target with 3.3pc profit gain Macau casino operator Sands China posted a 3.3 per cent increase in adjusted earnings before interest, tax, depreciation and amortisation to US$809 million in the third ...

    http://www.scmp.com/business/companies/article/1617593/property-earnings-help-boost-casino-operator-sands-china-third
  7. Business - Companies - EARNINGS

    Zhuzhou CSR Times Electric more than doubles profit

    Posted Oct 24th 2014, 04:46pm by CHIM SAU-WAI

    ... per cent of its operating revenue last year. The contracts include supplying train units worth 23.94 billion yuan to mainland’s national rail operator China Railway Corp, and metro carriages ...

    http://www.scmp.com/business/companies/article/1623779/zhuzhou-csr-times-electric-more-doubles-profit
  8. Business - Commodities - EARNINGS

    China Nickel Resources narrows first-half loss but gloomy over market

    Posted Oct 09th 2014, 10:48am by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com China Nickel Resources, a producer of special steel, remains pessimistic about the steel market despite reporting that its net loss in the first half ... market and structural reforms in the domestic economy. China Nickel’s revenue shrank 79 per cent year on year to HK$201 million from the year-earlier half, but its investment gains rose 170 per ...

    http://www.scmp.com/business/commodities/article/1612697/china-nickel-resources-narrows-first-half-loss-gloomy-over
  9. Business - Companies - EARNINGS

    Shenyang Public Utility shares plunge after share-sale plan scrapped

    Posted Oct 24th 2014, 12:34pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Shares in Shenyang Public Utility plunged as much as 50 per cent on Friday after the mainland developer cancelled a plan to issue new domestic shares. Since late last year the company had been considering issuing up to 120 m ...

    http://www.scmp.com/business/companies/article/1623667/shenyang-public-utility-shares-plunge-after-share-sale-plan
  10. Business - China Business - EARNINGS

    September data points to weak results from Chinese airlines

    Posted Oct 17th 2014, 05:29am by SIJIA JIANG

    ... Traffic figures from Air China, China Southern Airlines and China Eastern Airlines Corp, the Big Three state-owned airlines listed in Hong Kong, show growth slower than analysts had expected ... hinge on improvements in international passenger yields. Air China posted the highest load factor- 79.4 per cent- but that was 1.9 percentage points lower than a year ago, while the factor ...

    http://www.scmp.com/business/china-business/article/1618032/september-data-points-weak-results-chinese-airlines

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