PCCW, which is controlled by the media and telecommunications mogul Richard Li Tzar-kai, reported yesterday a consolidated net profit for 2012 of HK$1.66 billion, up from HK$1.61 billion in 2011...
- Mon
- Mar 4, 2013
- Updated: 8:44pm
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Sino Land's underlying profit jumped 80.5 per cent to HK$4.48 billion in the six months to December due to strong property sales as home prices hit new highs.
Shares of the Hong Kong-listed company had risen more than 17 per cent since the beginning of the year to yesterday's close of HK$15.02, as investors bought the idea that it could be used as an...
New World Development generated HK$9.2 billion from contracted sales in the previous financial year. The company planned to generate between HK$11 billion and HK$12 billion from contracted sales....
AIA Group's net income rose to US$3 billion, or 25.1 US cents a share, in the year to November from US$1.6 billion, or 13.3 US cents a share, a year earlier, the company said in a statement to the...
Rio Tinto's new chief has vowed to slash costs, spend capital more carefully and focus on shareholder value after the world's No 3 miner reported a loss of US$3 billion.
Technology group Cisco System's latest quarterly report has provided further evidence that spending on technology gear is rising modestly in most parts of the world, despite concerns about a still...
McGraw-Hill, which faces US$5 billion in fines for allegedly misleading bondholders, is fortifying its own investors with US$1.4 billion in net cash and what may be the fastest profit growth since...
PSA Peugeot Citroen slashed the book value of its plants and other automotive assets by 28 per cent, in a writedown adding 4.13 billion euros (HK$43.2 billion) to its last year net loss to reflect...
LinkedIn Corp extended its hot streak on Thursday, announcing both blow-out quarterly profits and a bullish forecast for the new year that exceeded Wall Street's already lofty expectations.
Last year, Hang Lung sold just 117 units - nine at the Harbourside in West Kowloon and 108 at the Long Beach in Tai Kok Tsui - at average prices of HK$32,100 and HK$10,600 per square foot,...
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