Jiangsu Expressway, said net profit increased by 40.47% to RMB 1.64 billion under Chinese accounting standards, on higher vehicle traffic on its toll roads.Its revenue was up 29.1% to RMB 5.07 billion. Earnings per share amounted to RMB 0.318, up from RMB 0.226 a year ago. “The group’s major toll roads and bridges maintained a [...]
Weiqiao Textile, China’s biggest cotton textile manufacturer by production scale, said that its net profit increased by 10.9% to RMB 1.87 billion in 2007, in despite of a 6.2% decline in revenue.
In 2007, earnings per share amounted to RMB 1.56, up 9%. The company proposed a final dividend of RMB 0.05 per share.
Tags: Textile
Hong Kong-listed China Resources Land Ltd (CR Land), one of the leading developers in China, announced net profit registered a year-on-year rise of 67% in 2007, powered by more houses sold on the mainland.
The net income for 2007 climbed to HK$1.43 billion, compared with HK$858.7 million a year earlier, said the company in a filing [...]
Shares of PetroChina, the country’s top oil producer, managed to rebound on Friday in Shanghai and U.S. trading, after the stock prices fell for five consecutive days in Shanghai.
On Friday, the stock of PetroChina advanced 5.18% to RMB 17.87 in Shanghai, compared to the closing price of RMB 16.99 of the previous trading day. Meanwhile, [...]
Shandong Gold Mining Co, China’s second-largest publicly traded gold miner, said late Friday its net profit for 2007 booked a 54.7% rise thanks to increased production and rising price of the metal.
Net profit climbed to RMB 368 million (US$52 million), or RMB 1.21 a share. Sales rose 175.49% to RMB 9.93 billion last year, the [...]
China’s leather exports declined 37.9% year-on-year to 113,000 tons in 2007, mainly attributed to the government’s policy to restrict the leather export, according to the General Administration of Customs on Sunday.
The value of the leather exports in 2007 declined 33.1% to US$1.18 billion. Of the total sales, 62%, or 70,000 tons of the leather were [...]
