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  • July 30, 2014
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  1. Amax slides to HK$1.2b loss as turnover dives

    Posted Dec 22nd 2009, 12:00am by Celine Sun

    ... in turnover and a huge impairment loss. However, the company's shares rose 3.1 per cent to 19.7 HK cents yesterday, after hitting a half-year low of 18.9 HK cents earlier this month following the company's profit warning on November 27. Turnover at Amax, which holds a 49.9 per cent stake in Greek Mythology Casino and 80 per cent of AMA International in Macau, plunged to HK$92.06 million from ...

  2. Initiatives reduce employee turnover

    Posted Aug 16th 2008, 12:00am by Remo Notarianni

    ... Written by Remo Notarianni Sun Life Hong Kong has increased staff retention in an industry with a relatively high turnover by improving internal communication and adapting to market ... that improved turnover by 10 per cent, preparing the company for a market that has become more competitive as volatility intensifies. 'Turnover is a key issue and we want to create a positive ...


    Posted Feb 22nd 2004, 12:00am by Staff Reporter

    ... forecasting significant improvement in its fourth-quarter results. Underpinned by strong sales growth in North America and China, it expected turnover to rise 37.6 per cent to HK$1.33 billion in 2003. ... reported a net profit of $101.27 million for the nine months to December 2002, compared with $143.35 for the whole of the previous year. Turnover was $888.75 million. The group's own-brand ...

  4. HKEx to pay bonus and spare the axe

    Posted Nov 15th 2008, 12:00am by Staff Reporter

    ... turnover falls to HK$30 billion. Mr Arculli said it was inevitable that HKEx's performance would be affected by market turnover, which has been very volatile recently. 'Our result is reasonable and acceptable amid the current market environment,' he said, adding that the current market turnover of HK$50 billion to HK$60 billion was better than in many other markets. Goldman ...

  5. Business digest

    Posted Aug 25th 2004, 12:00am by Staff Reporter

    ... rise in interim earnings. The Hong Kong-listed company saw its first-half net profit reach 374.31 million yuan, compared with 345.55 million yuan in the same period last year. Turnover was up ... to turnover, reaching 7.15 billion yuan, up 30 per cent against the same period last year. Marine transport came second, with turnover rising 17 per cent year on year to 1.38 billion yuan, thanks ...

  6. State firms plan tie-up to form car parts giant

    Posted May 26th 2009, 12:00am by Toh Han Shih

    ... area,' said Mr Tan in Weichai Power's 2008 annual report. Weichai Holdings, established in 1989, had turnover of more than 40 billion yuan in 2007. Last year, it had gross assets of 50 ... machinery, had turnover of 32.57 billion yuan and net profit of 1.93 billion last year. Weichai Heavy Machinery, a maker of diesel engines, had turnover of 1.18 billion yuan and net profit of 69.2 ...

  7. Balance tilts towards employees

    Posted Mar 15th 2011, 12:00am by Staff Reporter

    ... expectations.' Morris adds that offering competitive pay, setting realistic bonus expectations and outlining career paths for key players can help foster loyalty and prevent turnover, which can be costly to a company. 'There's a high price to turnover, both in terms of losing skills and institutional knowledge, as well as the time, effort and resources required to replace employees,' he ...

  8. In Brief

    Posted Sep 11th 2008, 12:00am by Staff Reporter

    ... to 656.8 million yuan in the first half from the previous year. Turnover of the company, which mainly distributes Kappa and Rukka brands, increased 81.7 per cent to 1.4 billion yuan. An interim dividend of 2.71 fen per share and special dividend of 88 fen per share were declared. Kandy Wong Sino-Ocean Land aims at 50pc growth in turnover, profit in 2009 Developer Sino-Ocean Land Holdings ...

  9. Car parts maker shifts focus

    Posted Jun 16th 2005, 12:00am by Eric Ng

    ... car brake components in Anhui province. Customers in the United States accounted for 48 per cent of Norstar's turnover of 1.7 billion yuan for the year to March, while Canadian buyers ... turnover localisation goal after reporting a 67.24 per cent surge in annual net profit to 273.48 million yuan despite rising raw material prices and brutal market conditions for both American ...

  10. Yue Yuen to seek smaller targets

    Posted Jan 17th 2004, 12:00am by Toh Han Shih

    ... Toh Han Shih Turnover growth expected to slow as shoemaker changes acquisition policy Turnover growth at Yue Yuen Industrial (Holdings) is expected to slow this year as its acquisitions ... such as raw materials suppliers. But the pace is expected to drop this year. Standard & Poor's equities analyst Alison Seng expected turnover to rise 12 to 13 per cent, while a Deutsche Bank ...




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