Shanghai Auto expects profit surge in 1st quarter

2007-04-06 10:01:35

Shanghai Automotive Co yesterday said it expects first-quarter profit to more than quadruple.

Huaneng profit climbs

2007-04-05 09:46:12

Huaneng Power International Inc, China's largest listed power producer, posted a net profit increase of 16.5 percent in 2006.

ICBC profit shoots up 31.2%

2007-04-04 09:06:01

The Industrial and Commercial Bank of China (ICBC) yesterday reported a 31.2 percent jump in its 2006 profit.

High spirits at Moutai

2007-04-04 09:37:37

Kweichow Moutai Co posted a 32-percent gain in fourth-quarter profit on rising incomes that enabled people to drink more high-end liquor.

Baosteel appoints new chairman

2007-04-03 13:43:30

Former Baoshan Iron and Steel president Ai Baojun has been elected to replace Xu Lejiang as chairman, and Fu Zhongzhe elected as its new general manager.

CNPC boosts offshore projects

2007-04-03 09:01:15

China's top oil company China National Petroleum Corp (CNPC) will make a huge investment to tap offshore reserves this year, with Bohai Bay its priority.

Acquisition to power Datang capacity

2007-04-03 08:54:03

Datang International Power Generation Co Ltd, the second-largest Chinese power generator listed in Hong Kong, will buy a power company to boost its capacity.

Country Garden sells shares in Hong Kong

2007-03-30 14:51:38

Country Garden Holdings Co, a mainland property developer, may raise as much as HK$12.9 billion from its first public share sale.

Unicom bottom line hit by bond losses

2007-03-30 09:23:04

China Unicom recorded a 24.3 percent drop in net profit to 3.73 billion yuan for 2006 because of a non-cash loss.

Low oil prices slow CNOOC profit rise

2007-03-30 09:17:34

China National Offshore Oil Corporation (CNOOC) said its net profit for 2006 soared 22 percent, the smallest increase in the last four years.

FAW Car said to buy assets from parent

2007-03-29 11:15:10

FAW Car Co Ltd suspended trading of its shares yesterday after a report said it would buy core assets from its parent FAW Group.

Xugong Science turns around with a profit due to cost cuts

2007-03-29 14:41:10

Xugong Science & Technology Co yesterday posted a 2006 net profit of nearly 10 million yuan from cost reduction.