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  • October 26, 2014
  • Last updated: 7:21am
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Results 1 - 10 of 317 for offshore yuan trading

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  1. Business - Companies - EARNINGS

    Shenyang Public Utility shares plunge after share-sale plan scrapped

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

    ... late last year the company had been considering issuing up to 120 million new domestic shares with a par value of 1 yuan to two companies, a jewellery wholesaler and retailer, and an investment ... suspended from trading since September 5, ended the morning session down 29.9 per cent at HK$1.03. Aside from property development, the company is involved in infrastructure construction. It also ...

  2. 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 ...

  3. Business - Companies - EARNINGS

    Zhuzhou CSR Times Electric more than doubles profit

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

    ... of the year from the year-earlier period. The company posted net profit of 1.75 billion yuan (HK$2.2 billion) for the nine months, a jump of 106 per cent from the same period in 2013, it said in a filing to the Hong Kong stock exchange on Friday. Revenue soared 82.5 per cent from a year ago to 3.99 billion yuan, and gross profit margin increased by 1.8 percentage points to 39.6 per cent. ...

  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

    ... slowed in emerging countries and particularly in China," chief executive Paul Polman said. The company said a sharp market slowdown had led to "trade de-stocking across the distribution ... Capital. Looking ahead, Polman said Unilever expected "markets to remain tough for at least the remainder of the year". The company said it expected trade de-stocking in China would ...

  5. Business - China Business - EARNINGS

    China Overseas Land & Investment lifts operating profit 13.4pc

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

    ... per cent to HK$21.25 in early afternoon trading. ...

  6. Business - Commodities - EARNINGS

    Brightoil returns to the black with HK$599m profit

    Posted Sep 25th 2014, 09:51am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Brightoil Petroleum (Holdings), which in July bought stakes in two China-producing offshore oilfields from United States oil firm Anadarko Petroleum for HK$8.35 billion, returned to the black with a lower loss on oil hedging activities and selling and administrative expenses. The Shenzhen-based fuel trading and logistics firm had a net profit of HK$599.3 ...

  7. 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 ...

  8. Business - China Business - EARNINGS

    September data points to weak results from Chinese airlines

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

    ... billion yuan (HK$3.72 billion) last year, while China Southern earned 2.16 billion yuan and China Eastern made 2.86 billion yuan. Citi has forecast a 29 per cent decline for China Eastern due ...

  9. 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 ...

  10. Business - Commodities - EARNINGS

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

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

    ... for steel products remained low during the period. A mineral ore export ban in Indonesia had interrupted the company’s ores trading business and it expected the impact on its financial and operating ...




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