China's largest copper maker posts profit surge in Q1

2010-04-22 13:42:54

Jiangxi Copper Co Ltd, China's biggest copper producer, said its first quarter profit rose 360 percent to hit 697million yuan ($102 million) in a statement filed to the Shanghai Stock Exchange Thursday.

China Shipping Container Lines posts sharp profit fall in ’09

2010-04-22 13:22:21

China Shipping Container Lines Company Limited (CSCL) on Thursday posted a loss of 6.49 billion yuan ($950.31 million) in 2009, down from a net profit of 134.69 million yuan in 2008.

Datong Coal Industry Co reports 2009 net profit up 2.55%

2010-04-22 11:46:49

Datong Coal Industry Co Ltd, one of China's leading coal producers, said Wednesday its 2009 net profit rose 2.55 percent on the back of rising coal output and strong sales.

Copper imports increase by 53% in March

2010-04-22 11:25:20

China's copper imports rose for a second month in March as seasonal demand led to increased orders.

China's vehicle sales may increase 17% to 16m

2010-04-22 11:21:39

China's vehicle sales may rise 17 percent this year to 16 million as annual demand for automobiles may eventually exceed 30 million, an official at the State Information Center said.

China Zhongwang's net profit increases 85% year-on-year

2010-04-22 09:30:55

China Zhongwang Holdings Ltd, the largest aluminum extrusion products manufacturer in China and Asia, reported 84.7 percent growth in its net profit in fiscal year 2009 over a year earlier.

Land prices see big jump in smaller cities

2010-04-21 17:44:24

Land prices in second- and third-tier cities such as Haikou, Zhongshan and Kunming surged more than 10 percent in the first three months from the last quarter of 2009, the National Business Daily reported Wednesday, citing statistics from China Land Surveying and Planning Institute (CLSPI).

12 listed banks' property loans total 5t yuan

2010-04-21 17:23:39

Total loans extended by 12 listed banks amounted to 21.77 trillion yuan ($3.19 trillion) in 2009, with property-related loans totaling 5.28 trillion yuan, accounting for over 20 percent.

China's Huaneng Power Q1 net profits up 40.9%

2010-04-21 14:49:54

Huaneng Power International, China's largest power producer, said Wednesday its net profits in the first quarter of 2010 surged 40.9 percent from the same period last year.

Auction points to tightening grain supply

2010-04-21 14:28:08

China, the world's second-biggest corn grower, sold all of the grain offered in the second series of weekly auctions held in major producing regions, indicating tightening domestic supply, analysts said.

SDIC Huajing Power 2009 net profit down 19%

2010-04-21 14:25:25

SDIC Huajing Power Holdings Co Ltd, a major Chinese electricity producer, said Wednesday its 2009 net profit declined 19.3 percent year-on-year on increased business costs and weak demand.

Mainlanders make more than 1m Taiwan trips

2010-04-21 14:23:22

Chinese mainlanders made 1.212 million tourist visits to Taiwan since the island lifted a ban on mainland tourists in June 2008, the mainland-based Cross-Strait Tourism Exchange Association (CTEA) said in a statement Tuesday.