Tag Archive | "Profit"

BRIEF-Shenzhen Hepalink Pharma's 2013 profit down 49.2 pct

BRIEF-Shenzhen Hepalink Pharma's 2013 profit down 49.2 pct April 17 (Reuters) – Shenzhen Hepalink Pharmaceutical Co Ltd. * Says 2013 net profit down 49.2 percent y/y at 317.3 million yuan ($ 51.00 million). Source text in Chinese: link.reuters.com/gad68v. Further company coverage: ($ 1 = 6.2214 Chinese Yuan) … Read more on Reuters

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BRIEF-Shenzhen Properties & Resources's Q1 profit down 88.3 pct

BRIEF-Shenzhen Properties & Resources's Q1 profit down 88.3 pct April 28 (Reuters) – Shenzhen Properties & Resources Development (Group) Ltd. * Says Q1 net profit down 88.3 percent y/y at 27.7 million yuan ($ 4.43 million). Source text in English: link.reuters.com/rab88v. Further company coverage: ($ 1 = 6.2536 … Read more on Reuters

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BRIEF-Shenzhen Centralcon Investment's Q1 net profit up 41.1 pct

BRIEF-Shenzhen Centralcon Investment's Q1 net profit up 41.1 pct April 23 (Reuters) – Shenzhen Centralcon Investment Holding Co Ltd. * Says Q1 net profit up 41.1 percent y/y at 230 million yuan ($ 36.87 million). Source text in Chinese: link.reuters.com/gyd78v. Further company coverage: ($ 1 = 6.2375 Chinese Yuan) … Read more on Reuters

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Shenzhen GEM 2013 Profit Up 7.04% YoY on Growth of E-waste Recycling

Shenzhen GEM 2013 Profit Up 7.04% YoY on Growth of E-waste Recycling … It disassembled over 2 million old home appliances in 2013, becoming a leading enterprise in the field, Shenzhen GEM said in its full-year report. It also completed construction of a vehicle recycling industrial park in Jiangxi province, where it aims … Read […]

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BRIEF-Shenzhen Hepalink Pharma sees Q1 profit down 40-50 pct y/y

BRIEF-Shenzhen Hepalink Pharma sees Q1 profit down 40-50 pct y/y April 15 (Reuters) – Shenzhen Hepalink Pharmaceutical Co Ltd. * Says expects Q1 net profit down 40-50 percent y/y at 69.6-83.5 million yuan ($ 11.19-13.43 million) versus 139.1 million yuan previous year. Source text in Chinese: link.reuters.com/dek58v. Read more on Reuters

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ZTE First-Quarter Profit Triples as Revenue Growth Fuels Strong Start to 2014

ZTE First-Quarter Profit Triples as Revenue Growth Fuels Strong Start to 2014 SHENZHEN, China — ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, reported first-quarter profit more than … Read more on The Herald | HeraldOnline.com (press release)

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BRIEF-Shenzhen Overseas Chinese Town's Q1 net profit up 37 pct at 666 mln

BRIEF-Shenzhen Overseas Chinese Town's Q1 net profit up 37 pct at 666 mln … April 18 (Reuters) – Shenzhen Overseas Chinese Town Co Ltd. * Says Q1 net profit up 37 percent at 666 million yuan ($ 107.09 million). Source text in Chinese: link.reuters.com/nyj68v. Further company coverage: ($ 1 = 6.2190 Chinese Yuan) (Reporting by … […]

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BRIEF-Shenzhen Huaqiang sees Q1 profit surges 6500-6700 percent y/y

BRIEF-Shenzhen Huaqiang sees Q1 profit surges 6500-6700 percent y/y April 14 (Reuters) – Shenzhen Huaqiang Industry Co Ltd. * Says expects Q1 net profit up 6,500-6,700 percent y/y at 132.6-136.6 million yuan ($ 21.35-21.99 million). Source text in Chinese: link.reuters.com/bad58v. Further company coverage: ($ 1 = 6.2113 … Read more on Reuters

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BRIEF-Shenzhen Properties sees Q1 profit down 87.3 pct as a key project was

BRIEF-Shenzhen Properties sees Q1 profit down 87.3 pct as a key project was … March 31 (Reuters) – Shenzhen Properties & Resources Development Group Ltd. * Says expects 2014 Q1 net profit down 87.3 percent at about 30 million yuan ($ 4.83 million). Source text in Chinese: link.reuters.com/zuv97v. Further company coverage: ($ 1 … Read more […]

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BRIEF-Shenzhen Intl Enterprise sees profit surge in 2013 after factoring

BRIEF-Shenzhen Intl Enterprise sees profit surge in 2013 after factoring … Jan 17 (Reuters) – Shenzhen International Enterprise Co Ltd. * Says profit surges after factoring valuation of newly open shopping mall. * Says expects 2013 net profit at 2.3-2.4 billion yuan ($ 380.2-$ 396.7 million) versus net profit of 18.2 million … Read more […]

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China Vanke Rises on First-Half Profit Increase: Shenzhen Mover

China Vanke Rises on First-Half Profit Increase: Shenzhen Mover China Vanke Co. (3333), the biggest developer by market value traded on the nation's exchanges, rose after first-half profit climbed 22 percent and as more property companies seek the sale of new shares. The stock added 0.5 percent to 9.98 yuan at the … Read more on […]

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Princelings profit from Chinese corruption

Princelings profit from Chinese corruption Princelings profit from Chinese corruption. By Henny Sender. Ping An, the Shenzhen-based insurance company, has always been portrayed as the underdog against the giant state-owned People's Insurance Company of China. To some extent that is a fair … Read more on Financial Times

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Buffett-Backed Carmaker BYD Says Profit May Plunge by 98%

Buffett-Backed Carmaker BYD Says Profit May Plunge by 98% Shenzhen-based BYD, which gets about half its revenue from autos, also faced faltering car sales in China amid increasing competition. “The solar division is to blame for the poor results and we see no quick turnaround in this troubled division … Read more on Bloomberg

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Chinese companies' profit rates decline in first three quarters

Chinese companies' profit rates decline in first three quarters The average net profit rate of 938 companies that released their third quarter reports, or more than one third of the total listed on the Shanghai and Shenzhen bourses, edged down 1.29 percentage points to 5.91 percent in the first nine months. The … Read more […]

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China Shares End Lower Following Profit Warnings

China Shares End Lower Following Profit Warnings The Shanghai Composite index slipped 0.3% to 2098.70 while the Shenzhen stock index lost 0.7% to 859.47. "Without the strong support of fundamentals and capital, the market faces resistance above the 2100 level," said a research report by Shenyin … Read more on Wall Street Journal

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