CITS 2009 net profit surges on lower operating costs
2010-04-28 17:04:54
China International Travel Service Co Ltd (CITS), the country's largest travel agency, said Wednesday its annual net profit rose 41.37 percent last year on lower operating costs and expanded markets.
Anta expects sales boost on new stores
2010-04-28 10:53:19
Anta Sports Products Ltd, China's largest maker of athletic shoes, said sales may grow by at least 15 percent this year as it opens more stores.
ZTE changes longtime president
2010-04-27 14:55:06
ZTE, a leading infrastructure manufacturer based in Shenzhen, Guangdong province, ousted longtime president and chief executive Yin Yimin in favor of executive vice-president Shi Lirong, hexun.com reported on April 27.
Alibaba launches AliExpress, targeting US market
2010-04-27 10:46:09
Alibaba, China's largest e-commerce company, Monday officially started the operation of its English-language platform AliExpress, in an effort to globalize its brand.
Sany Heavy mulls Hong Kong IPO
2010-04-27 09:28:14
Construction machinery maker Sany Heavy Industry Co Ltd said on Monday it would seek an initial public offering (IPO) in Hong Kong after reporting 59.3 percent year-on-year growth in its net profit in 2009.
China Southern Q1 profit surges sixfold
2010-04-24 14:13:51
China Southern Airlines Co, the nation's largest carrier, boosted first-quarter profit more than sixfold after carrying more passengers and selling a stake in a maintenance venture to its parent.
China South Locomotive reports 85% net profit surge in Q1
2010-04-24 11:09:59
China South Locomotive & Rolling Stock Corporation Limited (CSR), the country's biggest maker of rail vehicles, reported Friday a huge net profit surge in the first quarter this year.
Beijing Sanyuan Foods sinks into red in 2009
2010-04-24 11:08:43
Beijing Sanyuan Foods Co Ltd, one of China's leading dairy producers, Friday reported a net loss of 128.76 million yuan ($18.86 million) in its 2009 earnings report.
Hainan Airlines returns to black in 2009
2010-04-24 11:06:45
Hainan Airlines Co Ltd, one of China's major airlines, said Saturday its 2009 net profit returned to the black.
Cnooc to hike LNG imports in green move
2010-04-24 10:04:42
China's largest offshore oil producer Cnooc plans to nearly double its annual imports of liquefied natural gas (LNG) by 2020, company President Fu Chengyu said on Friday.
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.