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  • August 31, 2014
  • Last updated: 5:02am
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Results 1 - 10 of 301 for offshore yuan trading

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  1. Business - China Business - EARNINGS

    Drilling division’s 32.6pc jump in profit boosts China Oilfield Services

    Posted Aug 27th 2014, 10:15am by Eric Ng

    ... a 39.1 per cent year-on-year rise in first-half net profit to 4.42 billion yuan (HK$5.56 billion) on Tuesday night. They traded at HK$21.80 at 1.51pm, after surging as much as 13.4 per cent to HK$22.80 – the highest in seven months – in early morning trade. The profit was 22.5 per cent higher than the 3.61 billion yuan average estimate of analysts polled by Thomson Reuters. First-half ...

  2. Business - Companies - EARNINGS

    Honghua Group unfazed by losses in drilling services

    Posted Aug 25th 2014, 03:34am by Eric Ng

    ... which posted an operating loss of 60.9 million yuan. The operating loss of the company's offshore oil rigs production operation amounted to 46.7 million yuan, compared to a loss of 28.6 ... it mostly conducted explorations independently, or cooperated with international oil firms such as Eni, Hess and ConocoPhillips. Honghua, which has an offshore engineering base in Jidong, Jiangsu ...

  3. Business - Commodities - EARNINGS

    Maanshan sees first-half loss more than double to 730.27m yuan

    Posted Aug 20th 2014, 10:08am by Enoch Yiu and Eric Ng

    ... first-half loss. They traded at HK$1.81 at 10.19am. The company’s shares had gained 8.4 per cent in the previous month as investors bet steel producers’ profitability would improve on the back of sharp falls in raw material prices. Net loss more than doubled to 730.27 million yuan (HK$919.99 million), from 332.83 million yuan in the same period last year. The deterioration was attributed ...

  4. Business - Commodities - EARNINGS

    Oil and gas producer PetroChina posts 4pc first-half profit rise

    Posted Aug 29th 2014, 01:14am by Eric Ng

    .... Separately, dominant offshore oil and gas producer CNOOC posted a 2.3 per cent year-on-year fall in first-half net profit to 33.6 million yuan, beating analysts' average estimate of 29.6 billion ... largest oil and gas producer, reported yesterday a 4 per cent rise in net profit for the first half to 68.1 billion yuan (HK$85.6 billion) while it unveiled a project to give operational autonomy ...

  5. Business - Commodities - EARNINGS

    Chalco shares take a beating on poor results

    Posted Aug 29th 2014, 12:48pm by Eric Ng

    ... note on Friday. Barclays’ analysts said Chalco’s smelting operation would need Shanghai’s aluminium price to be sustained at around 15,000 yuan a tonne to break even. It was trading at about ... a worse-than-expected 4.12 billion yuan net loss for the first half of the year. Second-quarter net loss amounted to 1.97 billion yuan (HK$2.5 billion) after a first-quarter loss of 2.16 billion yuan. The firm ...

  6. Business - Companies - EARNINGS

    Haier Electronics on lookout for more logistics acquisitions

    Posted Aug 27th 2014, 11:40am by BIEN PEREZ

    ... into the group's platform," Haier Electronics chairman Zhou Yun Jie said in a results statement to the Hong Kong stock exchange yesterday. Total capital expenditure of 367.53 million yuan (HK$462.05 ... for an undisclosed sum to build up its logistics operations. It bought a 60 per cent stake in Shanghai Boyol New Brothers Supply Chain Management and wholly acquired Boyol Logistics Offshore. The company ...

  7. Business - China Business - EARNINGS

    Sinopharm sees first-half profit jump 27pc on government incentives

    Posted Aug 25th 2014, 10:58am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Sinopharm, the mainland’s largest pharmaceutical company, jumped to 17-month high in Hong Kong trading after it reported a 27 per cent increase in net profit for the first half of this year. Shares of Sinopharm jumped as much as 6.4 per cent to trade at HK$27.4 at 9.30am in Hong Kong, the highest since March 11 last year. It fell back to trade at HK$26.50 ...

  8. Business - China Business - EARNINGS

    China Eastern profit plunges 98pc as China Southern posts 1b yuan loss

    Posted Aug 30th 2014, 01:29am by SIJIA JIANG

    ... loss of 1.02 billion yuan (HK$1.28 billion), as mainland airlines were hit hard by exchange losses caused by unprecedented depreciation of the yuan this year. Interim profit at rival China Eastern Airlines Corp plunged 97.7 per cent from the same period last year to 14 million yuan. Revenue growth of 9.15 per cent to 50.21 billion yuan at Guangzhou-based China Southern Airlines did ...

  9. Business - Companies - EARNINGS

    Sunac reports 21pc rise in first-half core net profit to 1b yuan

    Posted Aug 26th 2014, 10:15am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Sunac China, a mainland luxury-home builder, reported a 21 per cent year-on-year rise in core net profit to 1 billion yuan (HK$1.26 billion) in the first half, with its net gearing ratio down 3 percentage points from the end of last year at 66.7 per cent. Its revenue rose 5.9 per cent to 9.1 billion yuan, and net profit grew 8 per cent to 813 ...

  10. Business - China Business - EARNINGS

    Youku Tudou expects new growth prospects from Alibaba collaboration

    Posted Aug 21st 2014, 01:28am by BIEN PEREZ

    ... companies. "The partnership with Alibaba is very healthy and positive," Youku chief executive Victor Koo Wing-cheung said yesterday in a conference call with analysts. New York-traded Youku needs all the positive reinforcement it can get after reporting a wider loss in the three months to June. The company posted a net loss of 164.43 million yuan (HK$207.14 million) for the second ...




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