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  • July 13, 2014
  • Last updated: 3:41am
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  1. Business - Companies - EARNINGS

    Jeweller Luk Fook posts record profit of HK$1.86b after gold binge

    Posted Jun 27th 2014, 01:04am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Full-year result of HK$1.86b for the jeweller swelled by strong sales of the precious metal following price falls Luk Fook posts record profit after gold binge Jeweller Luk Fook Group announced that yearly attributable profit surged 50 per cent year on year to a record HK$1.86 billion, boosted by high-volume gold sales after prices of the metal ...

  2. Business - Companies - EARNINGS

    Fast Retailing cuts 2014 profit forecast

    Posted Jul 11th 2014, 01:31am by BLOOM

    ... of 88 billion yen, the maker of Uniqlo casual apparel said. The company lowered its annual forecast in April to 88 billion yen from 92 billion yen set in October last year. The company will post ...

  3. Business - Companies - EARNINGS

    Samsung signals 25pc drop in operating profit

    Posted Jul 08th 2014, 10:28am by Reuters

    ... polled by Thomson Reuters. The result, released before the final second-quarter figures due near the end of this month, would be the lowest since it posted a 6.5 trillion won profit in the second ...

  4. Business - Banking & Finance - EARNINGS

    Japanese banks failing to reward investors

    Posted Jul 05th 2014, 01:51am by BLOOM

    ... Bloomberg in Tokyo Leading lenders are trailing their global peers in sharing profits with shareholders but promise to increase returns as they expand overseas Japanese banks fail to reward investors Japan's biggest banks, which posted record earnings last year, are less generous than their global peers in sharing profits with investors while they search for more ...

  5. Business - Money - EARNINGS

    Profit outlook dims for mainland China firms traded in the US market

    Posted Jul 01st 2014, 04:05am by Bloomberg

    ... Bloomberg in New York Outlook dims over China slowdown The most actively traded mainland companies in the United States are on track to report the smallest profits in two years as growth in the world's second-largest economy decelerates to the slowest pace since 1990. Analysts covering stocks listed on the Bloomberg China-US Equity Index estimate that on average they will post earnings ...

  6. Business - Companies - EARNINGS

    Foxconn chief Gou calls for patience as he invests to tap new markets

    Posted Jun 26th 2014, 01:07am by BLOOM

    ... Hon Hai posted a 1.2 per cent increase in revenue last year to NT$3.95 trillion (HK$1 trillion), missing Gou's target. Net income climbed 13 per cent to a record NT$107 billion as Foxconn ...

  7. Business - Commodities - EARNINGS

    Trafigura profit boosted by rise in commodity demand

    Posted Jun 17th 2014, 05:13am by Reuters

    ... the third-largest oil trader after Swiss rivals Vitol and Glencore, posted a profit of US$469.7 million in the six months to March this year, the company said in its interim profit report. Trading volumes ...

  8. Business - Companies - EARNINGS

    Aluminium producer Rusal posts US$3.2b loss

    Posted Mar 29th 2014, 01:13am by Reuters

    ... Reuters Lower prices, charges leave Rusal at a loss Russian aluminium producer Rusal posted a US$3.2 billion loss for last year, hurt by lower prices and restructuring charges, and said it was still in talks to renegotiate part of its debt. The result, which included a US$1.9 billion charge for impairment and one-off restructuring, compared with a US$528 million loss in 2012, ...

  9. Business - China Business - EARNINGS

    CRE feels effect of economic slowdown

    Posted May 27th 2014, 01:34am by Sophie Yu

    ... Wong said other similar-sized companies in the same business operated under the same macroeconomic situation but still reported much better results. CRE's retail business posted quarterly ...

  10. Business - Companies - EARNINGS

    iPhone maker Hon Hai benefits from weaker yuan

    Posted May 16th 2014, 01:05am by BLOOM

    ... Bloomberg in Taipei Hon Hai profit surges on weak yuan Hon Hai Precision Industry, the largest company in the Foxconn Technology Group, posted its fastest profit growth ... and a weaker yuan helped offset sales that missed analyst estimates during the post-Christmas low season. The supplier to Dell, Hewlett-Packard and Apple is also benefiting from improved operational ...




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