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  • October 22, 2014
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  1. Property unit sees modest profit growth despite plunge in turnover

    Posted Aug 14th 2010, 12:00am by Sandy Li

    ... Sandy Li Pacific Century Premium Developments (PCPD), the property arm of PCCW, has posted a 4 per cent increase in interim profit to HK$165 million despite a slump in turnover of more than 50 per cent. Turnover fell 53.59 per cent to HK$1.07 billion for the six months to June from HK$2.3 billion a year ago, but was offset by an even sharper fall in the cost of sales. PCPD ...

  2. In Brief

    Posted Aug 19th 2009, 12:00am by Staff Reporter

    ... Honghua to sell 800m yuan worth of rigs to Shanghai Zhenhua Honghua Group, the world's second-largest maker of land oil drilling rigs, has signed an agreement to sell rigs worth more than 800 million yuan to Shanghai Zhenhua Heavy Industry. They will be delivered by the end of January next year. Honghua had a turnover of 4.74 billion yuan last year. It warned earlier ...

  3. HKEx profits dip in third quarter

    Posted Nov 11th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu Sluggish market turnover led Hong Kong Exchanges and Clearing to report a slight fall in third-quarter profit from a year earlier. Brokers, however, said the rise in turnover since last month and recent initial public offerings would boost the exchange's earnings in the current quarter. Turnover exceeded HK$100 billion on most days last week. Average daily ...

  4. Peace Mark clocks up 52pc profit rise

    Posted Jul 23rd 2008, 12:00am by Staff Reporter

    ... to stronger sales on the mainland. Turnover for the year rose 37.4 per cent to HK$4.2 billion from HK$3 billion and return on equity rose by 1.3 points to 19.1 per cent. Kevin Tsang Kwong-chiu, Peace Mark chief financial officer, said if they added results from Sincere Watch, net profit would jump to HK$579 million and turnover would be HK$6.7 billion. In March, the company acquired Sincere ...

  5. Business - Companies - TECHNOLOGY

    Lenovo-IBM server talks reach impasse

    Posted May 03rd 2013, 12:00am by BIEN PEREZ

    ... as "tiny, about 2 to 3 per cent" of its annual turnover. In 2008, Lenovo licensed IBM's x86 server technology to produce low-cost "ThinkServer"-brand machines designed for small ...

  6. Firm to consolidate mainland momentum

    Posted Sep 06th 2010, 12:00am by Ana Wang

    ... Ana Wang Dah Chong Hong Holdings (DCH) announced a 77.8 per cent increase in profit attributable to shareholders to HK$480 million and a 49.1 per cent increase in turnover to HK$14.12 ... on the mainland, where turnover rose 62.2 per cent during the first six months of this year. The mainland was responsible for 66.6 per cent of the group's total turnover, while Hong Kong and Macau ...

  7. Business - China Business

    Shirble Department Store shapes up after audit finds loopholes

    Posted Dec 07th 2012, 12:00am by Celine Sun

    ... costs, and one-off losses. Turnover grew 12 per cent to 1.43 billion yuan. The company suspended stock trading on March 29 and postponed issuing its annual results three times between March ...

  8. Kwong Hing hopes for an imminent return to trading

    Posted Jul 27th 2004, 12:00am by Toh Han Shih

    ... performance for last year. In fact, the firm reported robust growth in revenue and profits yesterday for the financial year that ended in March. Turnover rose 53 per cent to $540.17 million while net profit rose 52 per cent to $33.63 million. Part of the reason for turnover growth was the acquisition of 70 per cent of a garment trading firm, South Season Industrial, for $24.5 million ...

  9. Esprit says economic worries in Europe have little impact on sales

    Posted Feb 08th 2010, 12:00am by Celine Sun

    ... Celine Sun Blue-chip fashion retailer Esprit Holdings says sovereign debt scares across Europe will have little impact on its sales in the region. Turnover contributed by Esprit outlets ... million, around the same as that of Germany. We believe it has the potential to catch up with our German market,' he said. As of December last year, 8.7 per cent of group turnover came from ...

  10. Kingboard bets on 3G take-off

    Posted Sep 29th 2003, 12:00am by Eric Ng

    ... total turnover in the first half of this year, but only 13 per cent of earnings before interest and tax due to high plant start-up costs. Excluding such costs, PCB profit margins were also eroded by higher material costs. Last month Kingboard made an offer to buy PCB-maker Suwa International Holdings, which gets half its turnover from the mobile-phone industry. Suwa made a net ...




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