Vanadium steel maker forecasts $205m loss in 2009

2010-01-29 16:06:34

Panzhihua New Steel and Vanadium Co, the world's third largest producer of vanadium steel used in high-speed railroads, Friday said it expected losses of some 1.4 billion yuan ($205 million) in 2009.

Yunnan Copper forecasts profit turnaround in 2009

2010-01-29 15:16:02

Shares of Yunnan Copper Co, Ltd, a copper company restructured from one of China's state-owned metal refineries, opened 2.31 percent lower at 24.58 yuan ($3.6) Friday after the company forecast a turnaround in annual net profit last year.

Pacific Securities sees 2009 profit up 162%

2010-01-29 15:11:11

Pacific Securities, a national comprehensive securities company of China, on Friday forecast its net profit in 2009 would grow 162 percent from a year ago.

Shanghai Zhenhua Heavy Industry profit drops

2010-01-29 15:07:49

Shanghai Zhenhua Heavy Industry Co, China's biggest port equipment maker, said its net profit in 2009 slumped 60 percent to 70 percent due to weak demand brought about by the global economic downturn.

Hainan Airlines returns to black in 2009

2010-01-29 15:02:22

Hainan Airlines Co, Ltd, one of China's major airlines, Friday forecast its 2009 profits would return to the black.

China Datang expects 2009 profit to jump 120%

2010-01-29 14:08:13

China Datang Corporation, one of the biggest power-generating groups in China, on Friday forecast its net profits in 2009 would jump at least 120 percent from the previous year.

China Shipping Container Lines forecasts deficit for 2009

2010-01-29 13:42:45

China Shipping Container Lines Co, Ltd, the country's leading container shipping company, on Friday forecast its net profit in 2009 would post deficit from the previous year, without providing detailed data.

China Minmetals: 2009 profit down 50% on falling commodity prices

2010-01-29 10:54:42

China Minmetals Development Co, Ltd, the nation's leading non-ferrous metal producer, said on Thursday its profit slumped at least 50 percent in 2009 year on year as the global economic crisis dampened commodity prices.

China Life forecasts more than 50% profit rise in 2009

2010-01-29 10:18:53

China Life, the nation's largest life insurer, said on Thursday night its net profit is estimated to grow at least 50 percent in 2009 from a year ago.

Local contractors set sail overseas

2010-01-29 08:07:52

China's overseas construction and engineering sector enjoyed 37 percent growth in 2009 and is expected to expand another 10 percent this year, according to China International Contractors Association.

Zhejiang China Commodities City Trading: profit rise

2010-01-29 08:07:52

Suning Appliance, China's second largest consumer electronics retailer, is planning to open 500 new stores in China this year, including 200 in urban settings and 300 in rural areas, the company's chairman said yesterday.

Shanghai Yuyuan Tourist Mart forecasts profit gains in 2009

2010-01-28 15:00:32

Shanghai Yuyuan Tourist Mart Co, a major Chinese retailer, Thursday forecast a 50-percent growth in annual profits for last year.