SCMP Group

SCMP signs six-year printing deal with free paper am730

A ceremony marks the commissioning of the SCMP's new printing presses, bought from German firm Manroland Web Systems. Photo: May Tse

SCMP Group has signed a six-year printing deal worth up to HK$324 million with free daily newspaper am 730. The group said yesterday it bought new printing presses from Germany's Manroland Web Systems to print the Hong Kong paper.

Saturday, 13 July, 2013, 6:09am

SCMP mulls choices to restore float

SCMP mulls choices to restore float

SCMP Group said it had shortlisted a handful of measures including a bonus share scheme to restore its public float.

The percentage of SCMP's public float fell to 10.6 per cent, below the minimum requirement of 25 per cent, when Kerry Media, the controlling shareholder, exercised its rights to 14.4 per cent of the firm's issued share capital held by three banks.

11 May 2013 - 4:13am

Magazines help boost revenue at SCMP Group past HK$1b

The paper's circulation in the second half of 2012 rose 4 per cent year-on-year to 107,426.

SCMP Group's revenue crossed the HK$1 billion mark last year for the first time since 2008, helped by new income sources such as the recently acquired Elle magazine and higher revenue contribution from its magazines business.

26 Mar 2013 - 9:01am

Business Digest, March 7, 2013

BOCHK Asset Management launched yesterday the first high-yield yuan bond fund authorised by the Hong Kong Securities and Futures Commission. 

7 Mar 2013 - 6:12am

SCMP Group halts trading after shares surge 23pc

Hong Kong's biggest English-language daily, the South China Morning Post. Photo: May Tse

In a filing with the Hong Kong stock exchange after the market closed, the company said it was "in negotiation with third parties regarding possible acquisition of a group of media companies in Hong Kong".

19 Feb 2013 - 5:18am

SCMP may halt trading over float

Trading in the shares of the SCMP Group, which publishes the South China Morning Post, may be suspended if its publicly held shares fall below the requisite 25 per cent by February 27, the company said in a filing to the stock exchange yesterday.

22 Jan 2013 - 4:12am

SCMP reports lower net profit on higher costs

Staff costs at the SCMP Group rose 14 per cent year on year.

The SCMP Group, which publishes the South China Morning Post, reported a decrease of 26 per cent to HK$184 million in net profit for the first half year and said it remained "cautious about the economic climate".

Excluding gains on investment properties, the core operation's net profit fell 35 per cent to HK$61.9 million from a year earlier, the company said yesterday.

23 Aug 2012 - 2:13am

career tracker

Josephine Chan, managing director - SCMP Magazines, SCMP Group

28 Jul 2012 - 12:00am

HK$20m lawsuit over blaze at shipyard

An Ap Lei Chau shipyard operator is suing a developer for more than HK$20 million after a fire damaged its docks and a historic yacht.

In a High Court writ, Harvest Marine Services Company sued Cheerjoy Development, the developer of the Larvotto luxury residential project, for negligence which the shipyard operator said contributed to a blaze on March 12 last year.

7 Jul 2012 - 12:00am

SCMP Group gets new chief executive

SCMP Group yesterday announced the appointment of Robin Hu as chief executive officer of the group, effective from June 25.

3 May 2012 - 12:00am

34pc rise in profit for SCMP Group

SCMP Group, which publishes the South China Morning Post, said normal operating profit rose 34 per cent last year, but it warned of economic uncertainties ahead.

28 Mar 2012 - 12:00am

New Post editor-in-chief

The South China Morning Post yesterday appointed Wang Xiangwei as editor-in-chief of the newspaper. Wang, 46, was promoted from deputy editor. He joined the newspaper in 1996 and built up the paper's China coverage.

1 Feb 2012 - 12:00am

Fire casts pall over new year for victims

The Lunar New Year holiday is supposed to be a time of celebration, but for the victims of the Fa Yuen Street fire, memories of death and loss are still too fresh for festivity.

A month and a half after the fire in Mong Kok, which left nine people dead, those affected by it are only just picking up the pieces of their lives.

26 Jan 2012 - 12:00am

Real estate prices add to SCMP windfall

SCMP Group posted a more than 325 per cent jump in net interim profit to HK$223.7 million, including a paper gain on its investment properties as a result of soaring real estate prices in Hong Kong.

26 Aug 2011 - 12:00am

SCMP Group posts HK$57.8m earnings on better ad revenues

Improved advertising revenues and cost savings helped SCMP Group report a HK$57.8 million interim profit, continuing the business' return to health after it suffered its second-worst loss in a decade a year ago.

27 Aug 2010 - 12:00am