Tag Archive | "profit"

Commodities charge sees DBS net profit fall in Hong Kong

Commodities charge sees DBS net profit fall in Hong Kong Annual net profit for Hong Kong operations grew by about 4 per cent year on year in 2014 to S$ 838 million. Total income increased by 9 per cent and the bank paid a final dividend of S$ 0.30. DBS shares closed up 0.2 per […]

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Hang Lung Properties in Hong Kong core profit up 98 per cent, revenue jumps

Hang Lung Properties in Hong Kong core profit up 98 per cent, revenue jumps … “The group took advantage of improved market sentiments in the Hong Kong residential market by selling a total 412 residential units and some car parking spaces in 2014,” said Chan in a company statement filing to the Hong Kong Stock […]

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Hong Kong Auto-Part Billionaire Clan's Johnson Electric Says Profit Flat

Hong Kong Auto-Part Billionaire Clan's Johnson Electric Says Profit Flat Net profit at Johnson Electric of Hong Kong, the automotive products supplier controlled by billionaire chairman Patrick Wang's family, was unchanged in the six months to September as rising investment increased expenses, the company said after the … Full News here – Read more on […]

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Singapore's Hongkong Land posts profit drops

Singapore's Hongkong Land posts profit drops Hongkong Land Holdings Ltd (H78.SG) Thursday posted a drop in profit during the half year-end, mainly due to lack of residential completions in Singapore, but said it expects the solid performance in the Group's commercial portfolio to continue in the … Full News here – Read more on MarketWatch

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Profit Taking May Dent Hong Kong Shares

The Hong Kong stock market moved higher in consecutive trading days, collecting more than 360 points or 1.5 percent along the way. The Hang Seng Index settled just above the 23,315-point plateau, … Full News here – Hong Kong News latest RSS headlines – Hong Kong News.net

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Asia stocks subdued, Nikkei weak on profit taking

Asia stocks subdued, Nikkei weak on profit taking HONG KONG — Asian stock markets were subdued on Thursday, with Japan's Nikkei faltering as investors locked in profits after a strong rally. Profit taking set in following a sharp rise in Tokyo the day before and as comments from the country's central … Full News here […]

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Hong Kong developers' profit margins squeezed

Hong Kong developers' profit margins squeezed Profit margins of property developers could be slashed in half this year as falling home prices and soaring construction costs and land premiums bite into performance. With prices of new homes expected to fall 10 to 15 per cent, after last year's 2 per … Full News here – […]

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Mainland tourists push Hong Kong Disneyland to record profit

Hong Kong Disneyland on Monday reported a record profit last year buoyed by an increasing number of tourists from mainland China and said it would build a third hotel in the theme park to meet demand. Full News here – Hong Kong feed

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Hong Kong Bourse Quarterly Profit Jumps 20 as Trading Increases

Hong Kong Exchanges & Clearing Ltd. (388) , the world's second-biggest bourse operator by market value, said profit climbed 20 percent last quarter from a year earlier as trading of shares and derivatives jumped. Net income increased to HK$ 1.2 billion ($ 155 million) in the three months through Sept. 30 from HK$ 1 billion […]

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PetroChina profit up 19 percent on as margins rise

HONG KONG (AP) — State-owned PetroChina says third quarter profit rose by a fifth as it benefited from fuel price reforms that lifted refining margins at Asia’s biggest oil producer. Full News here – Hong Kong feed

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PetroChina profit up 19 percent as margins rise

HONG KONG (AP) — State-owned PetroChina said Tuesday third quarter profit rose by a fifth as it benefited from fuel price reforms that lifted refining margins at Asia’s biggest oil producer. Full News here – Hong Kong feed

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HKMC profit falls

The Mortgage Corporation says its unaudited consolidated profit after tax for the first six months of this year was $ 508 million, down from $ 521 million for the same period last year.   The corporation announced today its unaudited consolidated financial results and business performance for the first six months.   Annualised return on […]

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RTHK should put Hong Kong's interests above any profit motive

RTHK should put Hong Kong's interests above any profit motive RTHK, which is funded by public money, recently filed an application for an injunction against D100, a multimedia radio station owned and operated by me. The intended injunction is meant to stop the station from transmitting one of RTHK's daily news … Full News here – […]

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Wharf's Core Profit Rises 5% on Hong Kong Retail Rental Growth

Wharf's Core Profit Rises 5% on Hong Kong Retail Rental Growth Wharf (Holdings) Ltd. (4), the Hong Kong builder expanding in at least 14 other Chinese cities, said first-half core profit rose 5 percent after posting gains in rental income from its shopping malls in the city. Profit excluding property revaluations … Full News here […]

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China Telecom profit rises after it offers iPhone

China Telecom profit rises after it offers iPhone HONG KONG — State-owned China Telecom, the country's third biggest mobile phone operator by subscribers, said Wednesday that profit grew in the first half of the year as revenue from iPhone sales kicked in. Beijing-based China Telecom, also the world … Full News here – Read more […]

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