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  • November 28, 2014
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  1. Carmakers count on rural expansion to drive turnover

    Posted Sep 21st 2009, 12:00am by Kandy Wong

    ... Kandy Wong Plans by Volkswagen Group China to expand its regional sales network may provide some insight into how rural consumption contributes to overall vehicle sales for the country. However, analysts doubt whether such sales are sustainable since many ...

  2. Improved margins help buoy Yurun

    Posted Sep 07th 2006, 12:00am by Kandy Wong

    ... costs. Turnover fell 5.2 per cent to 2.08 billion yuan from 2.19 billion yuan. Excluding negative goodwill arising from an acquisition, net profit was 214 million yuan, as gross profit margin ...

  3. Fu Ji Food posts 51pc profit jump

    Posted Nov 28th 2006, 12:00am by Kandy Wong

    ... Food said net income rose to 172.2 million yuan or 34.2 fen a share for the six months to September, from 114.1 million yuan or 26.7 fen a share a year earlier. Turnover rose 65.2 per cent ... new restaurants in key mainland cities. Restaurant business accounted for 19.1 per cent of Fu Ji's total turnover. The company declared an interim dividend of 10.2 HK cents a share. ...

  4. Nan Yue net profits jump 10.3pc

    Posted Sep 19th 2006, 12:00am by Kandy Wong

    ... jumped to 71.3 million yuan in the first six months of this year from 64.6 million yuan a year earlier. Turnover surged 30.8 per cent to 2.15 billion yuan from 1.64 billion yuan. However, gross ... shares closed 8.38 per cent lower at HK$3.17 yesterday before the half-year earnings were released. Smooth drive Turnover soared 30.8 per cent to 2.15 billion yuan Profit margins from service ...

  5. China Glass eyes exports and cost cuts as profit dives 79pc

    Posted Apr 28th 2006, 12:00am by Kandy Wong

    ... Kandy Wong China Glass Holdings, the largest flat-glass producer on the mainland, yesterday said net profit dived 79.1 per cent to 16 million yuan last year, as turnover fell 10 per cent ... producer, Zhejiang Glass, has posted a 63.88 per cent plunge in profit to 74 million yuan as turnover fell 1.67 per cent to 118 million yuan. Mr Zhou noted that despite the tough domestic market, ...

  6. Tingyi pins hopes on beverage sales

    Posted Apr 26th 2006, 12:00am by Kandy Wong

    ... the group last year earned US$123.52 million on turnover of US$1.84 billion, up 816.8 per cent and 25.8 per cent, respectively. Including exceptional income from the sale of a 49 per cent stake ... for at least 33 per cent of the overall business in terms of turnover. 'The bakery business is not yet well established, so our priority is the beverage business, followed by instant ...

  7. China Railway to sell 15b yuan bond

    Posted Sep 03rd 2008, 12:00am by Kandy Wong

    ... and toll road construction and operations, as well as community and property development,' he said. The company expects to boost overseas sales to 20 per cent of turnover from 5 per cent under ... vice-president Duan Xiubin. China Railway plans to increase its property business to 10 per cent of total turnover in three years, from 1.7 per cent. Shares of the company closed 0.5 per cent higher ...

  8. BYD says green car subsidy to lift sales

    Posted Mar 31st 2009, 12:00am by Kandy Wong

    ... will be our profit driver,' Mr Wang said. 'We estimate that the vehicle business will generate more than 50 per cent of total turnover.' ...

  9. Analysts differ on Tsingtao stake sale

    Posted Jan 30th 2009, 12:00am by Kandy Wong

    ... Tsingtao's turnover growth might slow to 14 per cent year on year in 2009- 4 percentage points lower than last year- as a result of the mainland economic downturn. Japanese beverage makers Asahi ...

  10. Weichai chief confident on targets

    Posted Apr 20th 2006, 12:00am by Kandy Wong

    ... in 2005, yesterday reported a drop in turnover for last year to 5.25 billion yuan, from 6.16 billion yuan. It said gross earnings fell to 1.15 billion yuan from 1.5 billion yuan in 2004. Net profit fell to 315.2 million yuan from 533.25 million yuan. 'We're confident we can attain this year's goal,' chairman Tan Xuguang said. 'The drops in turnover and gross ...




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