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  • November 29, 2014
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  1. Peace Mark allots $400m for China expansion

    Posted Jul 14th 2006, 12:00am by Andy Chen

    ... $124 million for the same period a year ago. Turnover increased 15.7 per cent to $2.24 billion. Its mainland retail sales grew from zero in 2003 to $635 million, or 28.3 per cent of its total turnover in the past fiscal year. It expects retail sales to account for half of its turnover this year. Peace Mark achieved a higher profit margin from retail operations that was 18.6 per cent ...

  2. New-look Fairwood doubles profits

    Posted Jul 07th 2006, 12:00am by Andy Chen

    ... Andy Cheng Fast-food firm plans new outlets in HK after netting $75m from turnover surge Fast-food chain operator Fairwood Holdings has doubled its net profit for the year ended March to $75 million, thanks to a rebranding that it says has driven growth at comparable stores. The bottom line included an extraordinary gain of $16.95 million from a property disposal. Turnover ...

  3. Profit at Fittec dips 11.6pc on staff, IPO expenses

    Posted Oct 23rd 2006, 12:00am by Andy Chen

    ... cent of the company's turnover, while total staff expenses were equal to 6 per cent of turnover. He said the average 18 per cent rise in minimum wages in Guangdong province, which took ... discontinued its procurement contracts for mobile LCD controllers. Revenue for that product segment, which accounted for 6 per cent of Fittec's total turnover, fell by 35 per cent. However, Sanyo ...

  4. Weichai to list A shares and privatise associate

    Posted Sep 04th 2006, 12:00am by Andy Chen

    ... as turnover rose 8.22 per cent to 3.49 billion yuan. Torch's first-half net profit was 158.6 million yuan on turnover of 5.5 billion yuan. ...

  5. Luk Fook profits off 24pc on rents, labour

    Posted Jul 25th 2006, 12:00am by Andy Chen

    ... for the 12 months to March 31 from $125.8 million a year ago despite a 8.4 per cent gain in turnover to $2.12 billion. Luk Fook said increases in rental and labour expenses hurt earnings and bad ... Paul Law Tim-fuk said. 'Among these contracts, rentals for four outlets have been frozen and rentals for two shops are up 10 per cent.' The growth in turnover was mainly due ...

  6. Price war pours cold water on fire alarm firm

    Posted Jan 26th 2006, 12:00am by Andy Chen

    ... of the group's total turnover, while exports account for 6 per cent of its turnover, although the company plans to boost the contribution of export sales to more than 10 per cent this year. Increased ... million systems in the next two years. In the first half of the current financial year, GST's turnover grew 42.4 per cent to 238.5 million yuan, while net profit rose 37.5 per cent to 63.5 ...

  7. Modern Beauty takes aim at mainland as earnings surge

    Posted Dec 14th 2006, 12:00am by Andy Chen

    ... The expansion plan was unveiled yesterday after the company posted net profit of HK$83.9 million for the six months to September, compared with HK$49.1 million a year ago. Turnover rose 29.2 per cent ... of turnover. The company added five outlets during the reporting period and had 22 outlets in Hong Kong at the end of September, with total gross floor area of 245,000 square metres. The number ...

  8. Wasion to raise capacity by half

    Posted Apr 18th 2006, 12:00am by Andy Chen

    ... in revenue last year to 95.14 million yuan and accounted for 21.35 per cent of the firm's turnover, compared with 3.07 per cent in 2004. Gross margins of the segment reached 50 per cent last ... and turnover increased 38.8 per cent to 445.64 million. The firm recommended a final dividend of 5.512 fen a share. ...

  9. Watch firm steps up China drive

    Posted Apr 13th 2006, 12:00am by Andy Chen

    ... of total turnover this year as the segment had higher margins. The retail gross margin was 34.7 per cent last year, significantly higher than the 17.9 per cent on wholesaling. The firm had 207 million in cash at the end of last year. Turnover fell 8 per cent to 1.39 billion yuan last year. ...

  10. Esprit posts 16pc earnings rise, says Ying to step down

    Posted Sep 14th 2006, 12:00am by Andy Chen

    ... on turnover rising 13.2 per cent to HK$23.35 billion. The net figure was in line with a mean consensus forecast of HK$3.76 billion from 18 analysts polled by Reuters. The company proposed a final ... estimated it had 3 per cent of the fashion market, grew 11.8 per cent during the reporting year. Other parts of Europe accounted for 37 per cent of Esprit's turnover, while Asia-Pacific ...




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