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  • August 22, 2014
  • Last updated: 6:06pm
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  1. Business - Companies - EARNINGS

    Singamas braces for big rush in container orders

    Posted Aug 21st 2014, 04:04pm by JING YANG

    ... Teo is also the managing director of Singapore's Pacific International Lines, the controlling shareholder of Singamas and the world's 16th-largest container shipping line ...

  2. Property - Hong Kong & China - EARNINGS

    Poly Property to step up sales drive to meet annual target

    Posted Aug 21st 2014, 03:58pm by LANGI CHIANG AND PEGGY SITO

    ... Langi Chiang and Peggy Sito Poly Property to step up sales drive Poly Property Group said yesterday it would speed up sales in the second half to hit its full-year target of 28 billion yuan (HK$35.3 billion) and maintain a gross profit margin of 25 per cent. Chairman and managing director Xue Ming reaffirmed the company's mainland parent Poly Group's plan to merge ...

  3. Business - Companies - EARNINGS

    BOC Aviation first-half profit unchanged at US$163m as fleet grows

    Posted Aug 20th 2014, 03:19pm by SIJIA JIANG

    ... with a strong delivery momentum,” managing director and chief executive Robert Martin said. The company took delivery of 37 new aircraft and sold 12 owned and managed ones in the period. Last month ...

  4. Business - China Business - EARNINGS

    ZTE gears up for increase in 4G projects in second half

    Posted Aug 21st 2014, 01:28am by BIEN PEREZ

    ... said it won the highest share of contracts from the second phase of China Mobile's nationwide 4G network deployment. Its directors yesterday approved a plan to apply for credit facilities ...

  5. Business - Companies - EARNINGS

    Kerry Logistics maps expansion after profit rise

    Posted Aug 19th 2014, 01:27am by CHIM SAU-WAI

    ... for the first half.  Managing director William Ma Wing-kai said the logistics services provider had been active in Thailand and Vietnam and planned to fast-track expansion in Cambodia, Indonesia, ... including Kerry. The company’s China managing director, Edwardo Erni, said it had been involved in e-commerce through business-to-customer  platforms and warehousing. But the company would not focus ...

  6. Property - Hong Kong & China - EARNINGS

    Cost focus helps Country Garden and China Resources Land boost margins

    Posted Aug 20th 2014, 01:34am by Langi Chiang

    ... the company's president and executive director, after it reported a 14.1 per cent rise in core net profit, which excludes property revaluation gains, to 4.7 billion yuan. Confidence that Country Garden ...

  7. 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

    ... directors, alleging they had caused the company losses since the assets were bought at inflated prices and the mines lacked proper exploration and mining rights. The management denied any wrong-doing ...

  8. Business - Companies - EARNINGS

    Interim underlying profit at Swire Properties jumps 34pc

    Posted Aug 14th 2014, 03:20pm by PEGGY SITO AND YVONNE LIU

    ... an interim dividend of 22 HK cents a share, up from 20 HK cents a year ago. The company has appointed director Guy Bradley as its new chief executive from next year. The incumbent, Cubbon, will join the board of the parent company as its director of finance and corporate development. Slosar said the company saw corporate development as a more important part of the business, and Cubbon would ...

  9. Business - Companies - EARNINGS

    Building boom drives China State Construction’s first-half profit up 25pc

    Posted Aug 14th 2014, 01:59pm by Peggy Sito

    ... were 37.66 HK cents, up 24.8 per cent on last year. Directors declared an interim dividend of 11 HK cents a share, compared with 9 HK cents a share in the first half of last year. “Taking ...

  10. Business - China Business - EARNINGS

    Growing network lifts profits at Chinese hypermarket firm Sun Art

    Posted Aug 14th 2014, 10:54am by TIFFANY AP

    ... to see the rate rise this year. "China's economic environment has not been very good for the growth of same-store sales these few years," executive director Peter Huang said, ...




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