Daqin Railway reports 50% rise in Q1 net profit
2010-04-06 10:57:37
Daqin Railway Co said Monday its unaudited net profit was expected to rise about 50 percent from a year earlier in the first quarter as the country's economic recovery pushed up demand for coal transportation.
Vanke may hike five-year term loan to $500m
2010-04-06 10:30:50
China Vanke Co, the nation's largest real estate developer, plans to increase a $300 million loan being organized by Bank of China Ltd by as much as $200 million, according to two people familiar with the matter.
Boshiwa eyes Hong Kong float
2010-04-06 09:28:02
Boshiwa International Holding Ltd, a Chinese manufacturer of garments for children and teens, is preparing for a listing on the Hong Kong bourse this year, an industry source told China Daily on Monday.
China's Shandong Gold sees Q1 net profit leap on price rise
2010-04-05 09:58:31
Shandong Gold Group Co Ltd, one of China's leading gold producers, announced Saturday that it expected to see a more than 50 percent net profit rise in the first quarter this year.
Bank to diversify overseas assets after Dubai exposure
2010-04-03 01:36:49
China Construction Bank (CCB), the country's second largest lender, would strictly control its overseas operation risks and diversify assets in the future after exposing $1 billion to Dubai World debt, a senior executive said Friday.
Liquor maker Shuijingfang sees net profit up 2% in 2009
2010-04-02 17:49:48
Sichuan Shuijingfang Company Ltd, one of the country's leading white spirit producers, Friday reported a small increase in its 2009 net profit despite strong revenue growth.
Baosteel's 2009 net profit dips 26%
2010-04-02 10:34:00
Baoshan Iron and Steel Co Ltd (Baosteel), a major Chinese steelmaker, on Thursday reported revenue of 148.53 billion yuan ($21.76 billion) and a net profit of 5.816 billion yuan in 2009, down 25.97 percent and 9.95 percent respectively year-on-year.
Liquor producer Kweichow Moutai net profit up 13.5%
2010-04-02 10:00:23
Renowned Chinese liquor producer Kweichow Moutai Co, Ltd announced Thursday its annual net profit in 2009 rose 13.5 percent to 4.31 billion yuan ($631 million) on strong market demand.
China's top iron mining company to double production
2010-04-01 16:56:52
China's largest iron mining industry company, which is located in the northeastern province of Liaoning, would double its annual production in the coming decade, sources with Angang Steel Group said Thursday.
BOC buys into Beijing-Shanghai High-Speed Rail
2010-04-01 11:49:38
Bank of China (BOC) has spent six billion yuan on acquiring 4.54 percent stake in Beijing-Shanghai High-Speed Railway Corp, Oriental Morning Post reported Thursday, citing the lender’s statement.
Baosteel net profit down 10% in 2009
2010-04-01 10:12:36
China's leading steel maker, Baosteel, announced Wednesday that its net profit shrank 9.95 percent in 2009 year-on-year to 5.8 billion yuan ($850 million).
Zosco planning Shanghai float
2010-04-01 09:34:39
Zhejiang Ocean Shipping Co is planning an initial public offering (IPO) of its shares on the Shanghai Stock Exchange this year to bolster capital and strengthen its competitiveness in the ocean shipping industry, a source familiar with the matter said on Wednesday.