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  • April 18, 2014
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  1. Business - Companies - EARNINGS

    Hardware sector to remain a drag on IBM as quarterly revenue hits 5-year low

    Posted Apr 18th 2014, 01:17am by Reuters

    ... into positive growth territory," Forrester analyst Andrew Bartels said. IBM plans to spend more than US$1.2 billion expanding its web-based software products, better known as cloud computing. ...

    http://www.scmp.com/business/companies/article/1486376/hardware-sector-remain-drag-ibm-quarterly-revenue-hits-5-year-low
  2. Business - China Business - EARNINGS

    Unicom's 74 pc profit jump beats estimates

    Posted Apr 18th 2014, 01:17am by Sophie Yu

    ... the roll-out of 4G networks and infrastructure has ushered in a new wave of investment," the company said. ZTE's shares rose 1.6 per cent to close at HK$16.18 yesterday. ...

    http://www.scmp.com/business/china-business/article/1486383/unicoms-74-pc-profit-jump-beats-estimates
  3. Business - China Business - EARNINGS

    ZTE eyes new 'wearable' products amid increased push into 4G market

    Posted Mar 27th 2014, 12:58am by BIEN PEREZ

    ... yuan and 1.5 billion yuan. In a filing with the Hong Kong stock exchange yesterday, ZTE chairman Hou Weigui said: "Wearable device will present a new direction of development." ZTE ...

    http://www.scmp.com/business/china-business/article/1458115/zte-eyes-new-wearable-products-amid-increased-push-4g-market
  4. Business - Companies - EARNINGS

    Prada expects sales to slow as demand in Europe eases

    Posted Apr 03rd 2014, 05:16am by Bloomberg

    ... "All in all, a bit underwhelming," said Rahul Sharma, the managing director of Neev Capital in London. "I do sense some waning in the newness, coupled with a significant increase ... to 5 per cent a year to as much as €255 billion until 2016, it said. Prada said it planned to open about 120 new stores under its namesake brand until 2016, with 50 of them for men only. It said ...

    http://www.scmp.com/business/companies/article/1463342/prada-expects-sales-slow-demand-europe-eases
  5. Property - Hong Kong & China - EARNINGS

    New World Development's net profit dives 54.6 pc in first half

    Posted Feb 26th 2014, 02:55pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Developer blames sharp fall in revaluation gains for the performance as it maps strategy to counter negative effect of property cooling measures New World net dives 54.6 pc in first half New World Development's first-half net profit plunged 54.6 per cent, but the company said it would take measures to offset the negative impact ...

    http://www.scmp.com/property/hong-kong-china/article/1435599/new-world-developments-net-profit-dives-546-pc-first-half
  6. Property - Hong Kong & China - EARNINGS

    Apex Benchmark attacks Midland management over record loss

    Posted Apr 02nd 2014, 05:47am by Sandy Li

    ... by an increase in new home sales, an industry norm. Higher rental expenses, it said, were required to maintain a certain scale of branch network to fend off rivals. The firm also said Tang had received ...

    http://www.scmp.com/property/hong-kong-china/article/1462820/apex-benchmark-attacks-midland-management-over-record-loss
  7. Property - Hong Kong & China - EARNINGS

    Nan Fung finds ways to reduce construction costs

    Posted Apr 01st 2014, 02:49pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Soaring labour charges and limited prospect for higher home prices forcing developer to adopt strategies to boost productivity and cut costs Nan Fung mulls ways to keep profit margins Facing soaring construction costs and falling property prices, Nan Fung Development has had to adopt new strategies to maintain its profit margins. Donald Choi ...

    http://www.scmp.com/property/hong-kong-china/article/1459223/nan-fung-finds-ways-reduce-construction-costs
  8. Business - China Business - EARNINGS

    China Southern net down 24pc as perks face cuts

    Posted Apr 01st 2014, 01:20am by Keira Lu Huang

    ... yesterday. In January, the Ministry of Finance issued a revised regulation specifying that all department or bureau-level directors should fly economy class on business trips. "This new ...

    http://www.scmp.com/business/china-business/article/1462044/china-southern-net-down-24pc-perks-face-cuts
  9. Business - Companies - EARNINGS

    New retail strategies spur 23pc jump in Hysan revenue

    Posted Mar 08th 2014, 01:40am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Revenue jumps 23pc after the largest landlord in Causeway Bay relies more on base rent for income and changes tenant mix in its portfolio Hysan reaps gains from new retail strategies Hysan Development, the largest landlord in Causeway Bay, said revenues jumped nearly 25 per cent while adopting strategies to strengthen its retail portfolio in order ...

    http://www.scmp.com/business/companies/article/1443167/new-retail-strategies-spur-23pc-jump-hysan-revenue
  10. Business - China Business - EARNINGS

    Vinda aims for salesboost from e-commerce

    Posted Mar 29th 2014, 01:13am by KEIRA

    ... for the shortfall in its own capacity. It would also seek strategic partners from among new entrants in the market, the firm said. Vinda's shares rose 1.79 per cent to close at HK$11.40 yesterday, ...

    http://www.scmp.com/business/china-business/article/1459894/vinda-aims-salesboost-e-commerce

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