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  • November 29, 2014
  • Last updated: 10:21am
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  1. Business - Companies - EARNINGS

    CLP's first-half profit jumps 22pc on year to HK$4.8 billion

    Posted Aug 14th 2014, 01:13pm by Eric Ng

    ... in first-half net profit and said it would need to increase prices by less than previously expected next year to meet the cost of new emission caps. The sole power supplier to Kowloon, the New Territories and Lantau booked HK$4.77 billion for the six months to June 30, compared with HK$3.9 billion for the same period last year. A HK$2 billion one-off gain from the acquisition of stakes ...

  2. Property - Hong Kong & China - EARNINGS

    Henderson Land's underlying profit jumps 46pc

    Posted Aug 27th 2014, 01:28am by Peggy Sito

    ... acquired. Lee said the firm's land reserve in the New Territories had increased to 42.6 million sqft, the largest holding among the city's developers. JP Morgan said in a report in June ...

  3. Property - Hong Kong & China - EARNINGS

    Cheung Kong blames profit fall on developer discounts and incentives

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

    ... "Development in New Territories will be hit the hardest as construction costs could double what developers paid for the land in terms of per square foot. For instance, the land cost in Tuen Mun ... are focused on exploring new investment opportunities to generate additional stable revenue streams to drive forward our growth momentum," said chairman Li Ka-shing, Asia's richest man, ...

  4. Business - Companies - EARNINGS

    Jeweller Luk Fook posts record profit of HK$1.86b after gold binge

    Posted Jun 27th 2014, 01:04am by TIFFANY AP

    ... on the Hong Kong market was very cautious. This year the company would open one to three stores in Hong Kong, most likely in the New Territories districts of Sha Tin, Yuen Long or Sheung Shui, which ... worldwide- and is waiting for a new batch of casino resorts to open. In March, the group had 1,268 shops globally, including 45 in Hong Kong, 10 in Macau and 1,208 on the mainland. Although ...

  5. Business - Companies - EARNINGS

    Link happy to host Chinese shoppers

    Posted Nov 14th 2013, 03:09am by JOANNA CHIU

    ... properties, with most of them located near public housing estates in the New Territories. Announcing its interim results, the company attributed its 11.6 per cent jump in net property income ... scramble for new opportunities near the border, rents are likely to rise faster, according to a September report by Savills World Research. A survey this year by the Labour Party found that Tin ...

  6. Business - Companies - EARNINGS

    CLP looks to cut Australian capacity as profits drag

    Posted Aug 13th 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Power producer misses targets after excess supply drags on profits CLP looks to cut Australian capacity CLP Holdings may temporarily cut or mothball some of its generation capacity in Australia to counter an industry oversupply that dragged down the power producer's first-half profit. The sole supplier of electricity to Kowloon, the New Territories ...

  7. Business - Companies - EARNINGS

    Sharp logs record loss but says profits will return

    Posted May 14th 2013, 09:46am by AFP

    ... is undergoing a massive restructuring, said company veteran Kozo Takahashi would become its new president, replacing Takashi Okuda, who was set to become chairman, a title that often precedes retirement ... the downturn on sluggish demand at home and in the key Chinese market, where a consumer boycott of Japanese brands erupted last year over a territorial dispute between Beijing and Tokyo. "Mobile ...



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