Hisense posts net profit surge in 2009

2010-03-30 09:23:07

Hisense Electric Co, Ltd (Hisense), a major home appliances maker in China, announced Monday that it more than doubled its net profit in 2009.

Chalco reports losses in 2009 on low product prices

2010-03-29 11:42:03

The Aluminum Corporation of China Limited (Chalco), the country's top aluminium producer, reported losses in 2009 as average prices of its major products were lower compared to a year ago.

China Construction Bank reports 15% net profit rise in 2009

2010-03-29 10:51:19

China Construction Bank (CCB), one of the four leading lenders in China, announced Sunday that its net profit rose 15.32 percent year-on-year to 106.84 billion yuan ($15.65 billion) in 2009.

Net profit of Sinopec more than doubles in 2009

2010-03-29 10:45:57

Asia's top oil refiner China Petroleum and Chemical Corp (Sinopec) reported Sunday that its net profit for 2009 topped 61.76 billion yuan ($9.05 billion), up 116.5 percent year-on-year, according to international accounting standards.

Chalco posts surprise Q4 loss on higher costs

2010-03-27 16:53:08

Aluminum Corp of China Ltd, the world's biggest aluminium company by market value, reported an unexpected quarterly loss as higher costs more than offset recovering metals prices.

Shanghai Port Q4 net jumps 48% as trade recovers

2010-03-27 15:29:14

Shanghai International Port (Group) Co, China's biggest port operator, posted a 48 percent surge in fourth-quarter net profit, halting an earnings slide as prospects improved for global trade.

China produces less bikes, but more e-bikes in 2009

2010-03-27 10:30:47

Production of traditional bikes declined while production of electric bikes rose last year in China, the chairman of China Bicycle Association (CBA) told Xinhua in Tianjin Friday.

Macao's GDP up 1.3% last year

2010-03-26 13:28:43

Secretary for Economy and Finance Francis Tam Pak Yuen has announced that Macao's gross domestic product (GDP) grew 1.3 percent last year from the previous year, the local Macao Post Daily reported on Friday.

Jan-Feb industrial profit more than doubles

2010-03-26 11:54:39

Profits in China's major industrial enterprises more than doubled in the first two months this year compared with a year earlier, the National Bureau of Statistics said Friday.

Zinc imports to decline on output boost

2010-03-26 10:28:34

Zinc imports by China may slump almost 60 percent this year as domestic production increases, said a CBI China Co analyst.

Drought causes severe forest losses in China

2010-03-26 09:49:48

The lingering drought in Southwest China has caused heavy forest losses, said the State Forestry Administration (SFA) Thursday.

Mainland reports trade volume hike with Taiwan, HK

2010-03-26 09:45:57

The trade volume between the Chinese mainland and Taiwan reached $18.9 billion in the first two months of 2010, a nearly 80 percent growth year-on-year, according to a report posted on the Ministry of Commerce website.