UBS Securities, a joint venture managed by the Swiss banking group, reported last month its net earnings shrank by more than 90 per cent to 11.3 million yuan (HK$14.3 million) over the four-year...
- Mon
- May 20, 2013
- Updated: 8:45am
Trending topics
17 May 2013
China Railway Corp, the spin-off from the now-defunct Chinese Ministry of Railways, suffered an after-tax loss of 6.88 billion yuan (HK$8.7 billion) in the first quarter, compared with an after-...
4:06AM
17 May 2013
The campaign to curb extravagant spending by mainland officials and rising material costs took a toll on China Resources Enterprise, which saw a more than 60 per cent drop in net profit in the...
4:06AM
16 May 2013
Net profit jumped to four billion yuan (HK$5.05 billion), from 2.9 billion yuan a year earlier. Revenue increased 40.4 per cent to 13.5 billion yuan.
3:53AM
16 May 2013
Many mainland bank operations in Hong Kong took at least three years to see a profit, said Lin Zhihong, chief executive of China Minsheng's Hong Kong business, which made a net profit of more than...
4:12AM
16 May 2013
Hong Kong-listed companies have issued almost 50 warnings over the past month about substantial profit declines or losses as the mainland economic recovery continues to look shaky.
4:12AM
Adjusted earnings before interest, taxes, depreciation and amortisation for the quarter to March rose to HK$2.77 billion from HK$2.15 billion a year ago, Galaxy said in a statement. The median...
3:53AM
The results came as a shock to the market, with Standard Chartered's share price in Hong Kong falling 3.53 per cent to close at HK$193.90, after rising as much as 2.4 per cent before the bank's...
5:08AM
The HKEx, the operator of the city's stock and futures markets, said profit was HK$1.16 billion in the three months to March, an increase of 0.87 per cent from the same period last year.
3:40AM
DBS, Singapore's largest bank, posted an 11th consecutive increase in quarterly profit to S$950 million (HK$5.98 billion), thanks to fee income growth and favourable market conditions.
3:15AM
PICC Health Insurance, controlled by Hong Kong-listed PICC Group and DKV, the largest private health insurance company in Europe, said last year's net losses amounted to 7.43 trillion yuan (HK$9....
3:47AM
IBM chief executive Ginni Rometty, facing more sceptical investors after the company missed quarterly earnings estimates for the first time in eight years, said she remained confident about...
3:47AM
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