Hunan Valin Steel amends profit forecast in 2009

2010-01-28 14:57:33

Hunan Valin Steel Co, Ltd, one of China's major steel makers, on Thursday amended the forecast of its 2009 net profit and expected it to return to black.

Bengang Steel Plates forecasts huge deficit for 2009

2010-01-28 14:13:45

Bengang Steel Plates Co, China's leading steel plates producer, on Thursday forecast its net profits in 2009 would stand a loss of 900 to 950 percent from the previous year.

Huarong says 2009 net profit up 103% year-on-year

2010-01-28 14:12:12

China Huarong Asset Management Corporation,one of China's four state-owned asset management firms, registered a 17.38 percent growth in business revenue and 102.98 percent jump in net profit in 2009 from 2008, the company said on Wednesday.

Zhejiang China Commodities City Trading: profit rise

2010-01-28 13:44:27

Zhejiang China Commodities City Trading Co, China's biggest wholesale firm, on Thursday forecast its net profits in 2009 would increase 50 percent from the previous year.

Chana Automobile expects 2009 net profits to soar

2010-01-28 13:41:06

Chana Automobile, a leading Chinese automaker which is also known as ChangAn, said on Thursday that it expected the company's net profits in 2009 to jump by 42 to 46 fold from the previous year.

CSG Holding forecasts soaring profits for 2009

2010-01-28 11:50:11

CSG Holding Co, Ltd, China's leading glass manufacturer, forecast its net profits in 2009 would jump 90 to 102 percent from the previous year Thursday.

Construction machinery makers enjoy stimulus push

2010-01-28 08:11:21

Construction machinery manufacturers will report better-than-expected earnings for 2009, thanks to a huge increase in demand from the government's stimulus package.

CIC planning more resource investments

2010-01-28 08:11:21

China's $300 billion sovereign wealth fund is considering new investments in resource-related companies after bets on commodities producers from the US to Kazakhstan paid off in 2009.

Picking up the pieces

2010-01-28 07:50:51

More than 10 percent of Beijing's courier companies are likely to be involved in mergers and acquisitions this year because of fierce competition in the sector, say experts.

DDS workers demanding back pay from govt

2010-01-28 07:46:32

Authorities in Shenzhen, Guangdong province, yesterday began paying workers whose wages have been defaulted by a local express delivery company due to its sudden closure. But thousands of workers in the company's branches in other cities in the province, including Guangzhou, Foshan and Dongguan, are still in a tough run for repayment from local governments.

LiuGong Machinery forecasts soaring profit in 2009

2010-01-27 17:31:27

LiuGong Machinery, China's leading manufacturer of crane and construction equipment, edged up 0.87 percent to close at 19.68 yuan ($2.88) per share on Wednesday after forecasting a 137-percent jump in annual net profits last year.

Nine Dragon forecasts 800% profit growth in 2009

2010-01-27 17:17:27

Shares in Shanghai Nine Dragon Co Ltd, a Shanghai-based real estate company, dipped 2.97 percent to close at 8.23 yuan ($1.21) on Wednesday despite a forecast jump in annual net profits last year.