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  • November 24, 2014
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Results 1 - 10 of 10 for rental expense

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  1. Giordano payout twice its profit

    Posted Mar 23rd 2007, 12:00am by Andy Chen

    ... in gross margin and rental increase. Gross margin fell one percentage point to 49.8 per cent due to a discounting strategy amid warm weather in winter while rental expense rose 20 per cent on lease ... to pay dividends almost twice the amount of its earnings last year, despite a 50 per cent plunge in net profit. Because of a one-off tax expense imposed by the central government, net income ...

  2. Bosideng expands from down jackets to fashion

    Posted Jul 09th 2010, 12:00am by Lulu Chen

    ... Winter clothing still accounted for 81.7 per cent of the company's revenue of about 5.74 billion yuan last year, meaning a huge exposure to seasonal changes. Mak said that to save rental expense, the company would open more seasonal outlets within department stores instead of speciality shops that it must occupy all year. 'Most of our growth in down apparel retail comes from ...

  3. Great Eagle profit surges 21pc on higher rents

    Posted Sep 17th 2008, 12:00am by Staff Reporter

    ... growth in net rental income to HK$240.6 million on improved expense ratios and higher occupancy. Operating profit of the hotel business slumped 82 per cent to HK$54.38 million on a slower global economy, renovation works and rebranding expenses. Including revaluation gains from investment properties, net profit fell 78.8 per cent to HK$129.9 million from HK$613.8 million. Turnover rose 22 ...

  4. Great Eagle's underlying earnings soar 28.4pc

    Posted Mar 24th 2009, 12:00am by Staff Reporter

    ... profit growth was mainly a result of rising income from the Champion Reit and lower financial expenses. Attributable distribution from 49 per cent-owned Champion Reit was HK$464 million, up from HK$85 million, as rental income was boosted by the injection of Langham Place. However, Great Eagle's hotel division, which comprises nine hotels with a total of more than 5,000 rooms, saw ...

  5. Hotel operator Great Eagle Holdings posts remarkable HK$1.18b net profit

    Posted Feb 25th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Great Eagle Holdings posted a net profit of HK$1.18 billion for the year to December, up from just HK$72 million in 2008, as interest expenses fell and dividend income jumped. ... in net interest expenses. The result was also helped by a one-off write-back of HK$105 million in over-provided construction costs for Langham Place, chairman and managing director Dr Lo Ka-shui ...

  6. GDI pins growth hopes on tower, acquisitions

    Posted May 07th 2007, 12:00am by Carol Chan

    ... response at the pre-leasing stage, Teem Tower is expected to provide an additional source of steady rental income for the group,' said chairman Li Wenyue. GDI, which last month reported a 15.6 per cent growth in net profit to HK$1.5 billion on lower interest expenses, a tariff rise in the mainland water business and improved profitability of its power business, is also building ...

  7. Big-time adviser finds wine bar a great way to relax- and invest

    Posted Dec 22nd 2010, 12:00am by Sandy Li

    ... despite soaring rentals and a highly competitive market. 'We have outlasted many competitors and are probably the only bar which has been able to survive for more than a decade in Causeway ... They found an alternative, 2,500 sq ft premises on Tung Lo Wan Road, Tin Hau. 'Our rental doubled to HK$60,000 a month, which accounts for one-third of turnover. We only managed a tiny profit ...

  8. Wharf core profit falls 13pc on lower property sales

    Posted Aug 28th 2008, 12:00am by Staff Reporter

    ... the slowing economy, analysts said the company's earnings should remain strong, benefiting from a healthy retail market and an office sector that is migrating beyond the expensive Central ... to HK$8.39 billion, but that included HK$6.57 billion in fair value gains on investment properties and related taxes. 'The surprise of the results lies in the rental growth, which was stronger ...

  9. Business Digest

    Posted Jul 20th 2005, 12:00am by Staff Reporter

    ... property play Expecting 40pc rise in rental income Emperor International Holdings expects its rental income increase more than 40 per cent this year as a result of the bullish retail market. Donald Cheung Ping-keung, director of Emperor Group's property department, predicts rents in some street shops will double when contracts are renewed. Rental income from ...

  10. Lai See

    Posted Dec 10th 2008, 12:00am by Ben Kwok

    ... of a couple of drinks at the mall's expensive eatery. But why is IFC playing Santa? Home to financial institutions such as UBS, BNP, Bank of America and Nomura (or NomuLehman, as some call it), ... its dividend to mark its 40th anniversary. The counter has fallen only 30 per cent year to date, thanks to a strong rise in fast-food retail prices and softening rental costs. Well, since Cafe ...



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