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  • September 18, 2014
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Results 1 - 10 of 455 for south china morning post

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  1. 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

    ... Sijia Jiang sijia.jiang@scmp.com Chinese airlines hit by exchange losses China Southern Airlines, the country's largest carrier by fleet size and passenger volume, posted a first-half 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 ...

    http://www.scmp.com/business/china-business/article/1581876/china-eastern-profit-plunges-98pc-china-southern-posts-1b
  2. Business - China Business - EARNINGS

    China Railway posts 5.3b yuan loss

    Posted Sep 01st 2014, 12:11pm by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com China Railway Corp posted a loss of 5.3 billion yuan (HK$6.7 billion) for the first half of this year while its debt increased to 3.4 trillion yuan. ... 1.8 per cent from a year ago to 126.3 billion yuan. By the end of June, China Railway’s total liabilities had increased to 3.4 trillion yuan from 3.2 trillion yuan at the end of the first ...

    http://www.scmp.com/business/china-business/article/1582844/china-railway-posts-53b-yuan-loss
  3. Business - Banking & Finance - EARNINGS

    China Construction Bank posts slower 9pc gain in first-half profit

    Posted Aug 30th 2014, 01:29am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Net profit reaches 130.7 billion yuan to meet market target while bad loans expand 12pc Construction Bank posts slower 9pc gain in first half China ... But the years of ultrahigh growth have drawn to a close for some banks. Industrial and Commercial Bank of China, the largest lender in the world by assets, posted a 7 per cent rise on Thursday, down ...

    http://www.scmp.com/business/banking-finance/article/1581924/china-construction-bank-posts-slower-9pc-gain-first-half
  4. Business - Commodities - EARNINGS

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

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

    ... Eric Ng eric.mpng@scmp.com Firm also clears troubled northeastern projects to set their own production plans and budgets PetroChina posts 4pc net profit rise PetroChina, the nation's ... DONGJIN, PETROCHINA "The objective of the pilot is to incentivise the fields' management to come up with ways to maximise profit," Wang said. Parent China National Petroleum Corp ...

    http://www.scmp.com/business/commodities/article/1581588/oil-and-gas-producer-petrochina-posts-4pc-first-half-profit
  5. 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

    ... Eric Ng eric.mpng@scmp.com Shares of China Oilfield Services (COSL), the nation’s dominant offshore oil and gas drilling services provider, rose 8.5 per cent on Wednesday after it posted ... deep-water wells in the South China Sea, which had higher day rates. “Excluding this and the Statoil settlement, profit was relatively stable year on year,” he said, adding drilling day rates were ...

    http://www.scmp.com/business/china-business/article/1581056/drilling-divisions-326pc-jump-profit-boosts-china-oilfield
  6. Business - Companies - EARNINGS

    China Post-Tom e-commerce venture to step up expansion after new financing

    Posted Feb 28th 2014, 01:10am by BIEN PEREZ

    ... while the new investors have a combined 13.25 per cent. The new funding was completed last month. Ken Yeung Kwok-mung, Tom's chief executive, yesterday told the South China Morning Post ... Bien Perez bien.perez@scmp.com Fundraising backs firm's growth hopes for partnership with mainland giant Tom gears up for gains from China Post venture Tom Group, which saw its net ...

    http://www.scmp.com/business/companies/article/1436604/china-post-tom-e-commerce-venture-step-expansion-after-new
  7. Business - Commodities - EARNINGS

    Towngas posts 2.96pc rise in net profit

    Posted Aug 26th 2014, 10:12am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of Hong Kong and China Gas (Towngas), Hong Kong’s only piped gas supplier, rose 0.44 per cent to HK$18.28 in early trading on Tuesday after it reported ... to HK$2.12 billion. Including those under separately-listed subsidiary Towngas China, it added seven new city-gas projects in the year’s first-half to 126. The 126 projects’ total gas sales increased ...

    http://www.scmp.com/business/commodities/article/1580740/towngas-posts-296pc-rise-net-profit
  8. Business - Companies - EARNINGS

    CRP shares rise after it books HK$2b of impairments on coal mining assets

    Posted Aug 19th 2014, 09:35am by Eric Ng

    ... conglomerate China Resources (Holdings) on Monday posted a 13.8 per cent rise in net profit to HK$6.06 billion for the first six months. An analyst who attended a briefing by the management said ... venture has paid HK$4.2 billion so far but the deal has not yet been completed due to a delay in obtaining mining rights, court documents showed. CR Power's spokesman told the South China ...

    http://www.scmp.com/business/companies/article/1576620/crp-posts-h1-profit-rise-takes-hk2-billion-coal-charge
  9. Business - Companies - EARNINGS

    Cosco Pacific and CIMC post slump in profits

    Posted Aug 26th 2014, 01:10pm by JING YANG

    ... Jing Yang jing.yang@scmp.com Container transport players report disappointing first-half results despite improving trade volumes and warn of more headwinds Cosco Pacific and CIMC post ... six months of this year. China International Marine Containers, the world's top container maker, saw first-half net profit from container manufacturing slide 21.3 per cent to 322.7 ...

    http://www.scmp.com/business/companies/article/1580764/cosco-pacific-profit-21pc
  10. Business - Companies - EARNINGS

    China Everbright results dazzle

    Posted Aug 12th 2014, 02:10pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Waste-to-energy and water treatment projects developer China Everbright International posted a 23 per cent year-on-year profit increase for the year’s first six months to HK$801.9 million. Revenue of the Hong Kong-listed unit of central government-backed financial-to-infrastructure conglomerate China Everbright Group rose 19 per cent to HK$2.94 billion. ...

    http://www.scmp.com/business/companies/article/1572032/china-everbright-results-dazzle

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