Earnings

15 May 2013

Esprit expects sales to continue to decline over the next financial year and a turnaround for the struggling fashion retailer is not likely until next year.

4:01AM

Sharp logs record loss but says profits will return

14 May 2013

Japanese electronics giant Sharp yesterday posted a record annual loss for the second year in a row, and said it would replace its chief after just one year on the job.

2:25AM

Fashion chain Esprit heading for 'substantial' yearly loss

8 May 2013

The group said it expected to record a substantial loss in the second half of the year to June and hence an overall substantial loss for the full year. Esprit lost HK$465 million in the six months...

5:33AM

Next Media warns of 'substantially' bigger loss

7 May 2013

The group, controlled by Jimmy Lai Chee-ying, reported losses of HK$188.63 million in the fiscal year to the end of March 2012, and a deficit of HK$19.73 million in 2011. Based on its results for...

3:56AM

HSBC expected to report big surge in profit

7 May 2013

HSBC may post first-quarter pre-tax profit of US$8 billion, 80 per cent higher than in the previous quarter, according to an average estimate of five analysts.

3:56AM

Weak profit signals for ZTE as margins shrink

30 Apr 2013

ZTE, the world's fifth-largest telecommunications equipment supplier, may be hard-pressed to boost sales and profit this year, despite growing global demand for smartphones and the expansion of 4G...

5:27AM

Opinion

Alex Lo

Chen Guangcheng misled by his new right-wing 'friends'

1:26AM

Tom Holland

The yuan hasn't overtaken the HK$ quite yet, Mr Chan

4:40AM

China Telecom ends slide in profit

Net profit rose 10 per cent year on year in the first quarter at China Telecom, the world's biggest fixed-line network operator, to 4.7 billion yuan (HK$5.9 billion).

5:07AM

Hard landing for mainland China airlines

Mainland airlines faced turbulence in the first quarter, with China Eastern Airlines yesterday going from a profit to a loss and China Southern Airlines stocks taking a hammering after the company...

5:07AM

Bank of China's profits rise on strong fee growth

In the January-March period, net earnings rose to 39.8 billion yuan (HK$49.5 billion) from 36.8 billion yuan a year ago, thanks to improved lending profitability and robust growth in fee and...

4:14AM

EARNINGS

Chongqing bank profit misses market target

The first mainland lender to release interim results in Hong Kong, the Chongqing bank yesterday said net earnings totalled 1.6 billion yuan (HK$2 billion) in the January-March period, compared...

5:07AM

Earnings slowdown hits China Mobile

China Mobile, the world's largest phone company by subscribers, saw its net profit edge up just 0.3 per cent to 27.88 billion yuan (HK$34.65 billion) in the first quarter, much slower than its 2.7...

4:45AM

SEC likes company updates on Facebook

Companies in the United States will be able to post their earnings on Twitter or update their status on Facebook as long as investors have been told in advance where to look.

3:35AM