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  • November 26, 2014
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Results 1 - 7 of 7 for property outlook 2013

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  1. BASF plans to invest Euro1b in Greater China

    Posted Sep 30th 2009, 12:00am by Eric Ng

    ... Eric Ng German chemical giant BASF plans to invest more than Euro1 billion (HK$11.3 billion) in Greater China and hire thousands of employees by 2013, expecting mainland sales to grow rapidly despite the clouded outlook for the global chemical market. BASF expects its Asia-Pacific sales to double by 2020. That would represent a 6 per cent compound annual growth rate, compared ...

  2. Sinopec to spend 120b yuan a year on growth

    Posted Aug 25th 2009, 12:00am by Eric Ng

    ... equivalent to 10.4 million tonnes of oil this year, Mr Su said, adding that Addax planned to raise its output to 12 million tonnes in 2013 from 7 million tonnes this year. China Petrochemical has ... on the outlook of the downstream business, he said: 'We will not blindly pursue acquisitions. We are also looking for profits when making them.' He also confirmed Sinopec was in talks ...

  3. Power consumption steadies on mainland

    Posted Apr 15th 2009, 12:00am by Eric Ng

    ... economy, after figures for exports, car and property sales and business confidence have all showed a tentative revival. However, since the power industry has started up 10.11 gigawatts of new ... rate of 11.7 per cent- to 40GW by 2013 and to amass 30 million tonnes of annual coal output capacity. It hopes the coal capacity will see self-supplied coal meet about 35 per cent of its needs ...

  4. Citic Group faces uphill task in restructuring HK flagship

    Posted Apr 10th 2009, 12:00am by Enoch Yiu, Eric Ng

    ... in undervaluation of its assets. Previously, management considered iron ore mining, special steel production and property development its core businesses. One possible direction is for Citic Pacific ... to generate profit. If this path is chosen, it could see it gradually divest its property, infrastructure, aviation, power generation, telecommunications and consumers goods distribution businesses, ...

  5. Dalian Port expects further impact on logistics industry from crisis

    Posted Apr 04th 2009, 12:00am by Eric Ng, Kandy Wong

    ... Kandy Wong and Eric Ng Dalian Port, operator of the mainland's biggest crude oil terminal, expects the global financial crisis to continue to have a deep impact on the logistics industry. The bearish outlook came as the company said net profit increased 27.5 per cent last year to 779.61 million yuan (HK$883.9 million) on the disposal of fixed assets such as property, plant ...

  6. Citic Resources sees underlying profit surge

    Posted Apr 14th 2009, 12:00am by Eric Ng

    ... was affected by a HK$6.42 billion provision for impairment on property, plant and equipment in its oil production business. However, this was largely offset by a HK$4.75 billion tax credit due ... year from HK$21.69 billion a year earlier. Earnings before interest, tax, depreciation, amortisation and provision for property, plant and equipment impairment soared 153.2 per cent to HK$4.21 ...

  7. H is for hot, high and hyped up

    Posted Feb 25th 2006, 12:00am by Eric Ng

    ... positive on the H-share long-term outlook as robust economic growth in the mainland is still the key.' Baring Asset Management (Asia) Asian equities sales director Lilian Co said: 'While ... retail, car, financial and property sectors, which she said would benefit from the country's consumption growth. Car stocks have more room for upside given their rally came later than ...



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