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  • September 17, 2014
  • Last updated: 6:24am
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Results 1 - 10 of 183 for offshore yuan trading

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  1. Business - China Business - ENERGY

    Datang International’s chemical production losses widen to 1.37b yuan

    Posted Aug 28th 2014, 10:22am by Eric Ng

    ... to HK$4.22 in early trade on Thursday after it posted a 0.5 per cent increase in first-half net profit to 2.03 billion yuan (HK$2.6 billion) on Wednesday night. Higher power generation profit was offset by lower profits from coal mining and chemicals production. The first-half profit amounted to 44.8 per cent of the average full-year estimate of 4.53 billion yuan by analysts polled ...

  2. Business - Commodities - ENERGY

    ENN Energy on track to meet target

    Posted Aug 26th 2014, 09:28am by Eric Ng

    ... for full-year net profit growth. On Friday, ENN Energy posted a 19.6 per cent year-on-year rise in first-half pre-tax profit to 2.09 billion yuan (HK$2.63 billion), excluding an accounting loss ... operation to 265 million yuan, as customer demand weakened after a gas price increase in July last year. Another increase will take effect at the start of next month. Profit from fees charged ...

  3. Business - Commodities - ENERGY

    Wind power and equipment maker shares slide 6pc by midday

    Posted Sep 15th 2014, 02:32pm by Eric Ng

    ... per cent to 3.44 million yuan (HK$4.3 million) per megawatt from five years ago, according to a Citi research note. The National Development and Reform Commission has proposed to cut each ...

  4. Business - Commodities - ENERGY

    Brazil and Japan to team up on offshore oil project

    Posted Jul 21st 2014, 03:18am by AFP

    ... Agence France-Presse in Tokyo Brazil to tap Japan technology for offshore oil venture Brazil plans to use Japanese technology in building a floating structure and ships for its huge offshore oil development project, media reports said yesterday. Japanese Prime Minister Shinzo Abe and Brazilian president Dilma Rousseff will announce the use of Japanese technology in building ...

  5. Business - Commodities - ENERGY

    Shunfeng’s profitable capacity fully occupied amid recovery

    Posted Sep 05th 2014, 11:34am by Eric Ng

    ... in July, global shipments of panel makers could reach 50 GWs this year. Shunfeng had posted a net profit of 563.6 million yuan for the year’s first six months, compared to a loss of 672.5 million yuan last year’s first-half. With 0.89 GWs of power grid-connected installed capacity at the end of June, Zhang said it plans to increase this by 1 GWs by year-end, mostly ...

  6. Business - Commodities - ENERGY

    Small solar farms boosted by Beijing's new pricing policy

    Posted Sep 06th 2014, 05:37am by Eric Ng

    ... the problem, off-grid projects' developers will be allowed to sell their entire output to the power grid at the 90 fen to 1 yuan per kilowatt-hour (kWh) subsidised prices enjoyed by large-scale, ...

  7. Business - Commodities - ENERGY

    Mainland China oil majors expected to unveil mediocre profits

    Posted Aug 11th 2014, 03:56am by Eric Ng

    ..., while dominant offshore oil and gas producer CNOOC is expected to unveil a 16.5 per cent profit drop to 28.7 billion yuan. Macquarie Securities' head of Asia oil and gas research James ... in mainland China in the third quarter," Beveridge said. PetroChina, the mainland's largest oil and gas producer, may post a 1.8 per cent rise in first-half net profit to 66.7 billion yuan ...

  8. Business - Commodities - ENERGY

    Banks offer LDK Solar 2 billion yuan loan

    Posted May 27th 2014, 01:34am by BLOOM AND JASPER MOISEIWITSCH

    ... The restructuring was for a 1.63 billion yuan senior note and for other, unspecified offshore debts. Patrick Dai, a solar sector analyst at Macquarie, said CDB targeted 12 firms within the mainland's ... Jasper Moiseiwitsch and Bloomberg Bank consortium offers loan to troubled solar panel maker after debt restructuring in March Bank consortium gives LDK 2b yuan lifeline China Development ...

  9. Business - Commodities - ENERGY

    Beijing raises natural gas prices by 16pc

    Posted Aug 12th 2014, 04:59pm by Eric Ng

    ... rising 3.1 per cent yesterday, outperforming a total gain of 1.5 per cent of the Hang Seng Index over the two trading days. Simon Powell, CLSA’s head of Asian oil and gas research, said ... drop to 37 billion yuan (HK$46.6 billion) this year and 25 billion yuan next year, from 42 billion yuan last year. ...

  10. Business - Companies - ENERGY

    GCL shares shine as solar panel demand drives profit turnaround

    Posted Aug 29th 2014, 01:08pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of GCL-Poly Energy, the world’s largest producer of solar panel raw materials polysilicon and solar wafers, rose 4.5 per cent to HK$2.80 in morning trade no Friday after it reported an interim profit turnaround as industry overcapacity was largely eased by surging panel demand in China. Net profit for the first six months of the year amounted ...




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