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Sinopec's 2016 profit rises 43.8pct to 6.75bln USD
China Petroleum and Chemical Corp (Sinopec Corp) said on Sunday its net profit rose 43.8 percent, reaching 46.4 billion yuan (6.75 billion U.S. dollars) last year, Securities Daily reported.
March27,2017
China Mobile's profit up 0.2pct in 2016
The net profit for China Mobile Ltd in 2016 slightly rose 0.2 percent from a year ago to 108.7 billion yuan ($15.8 billion), while revenue grew 6 percent to 708.4 billion yuan on wireless data traffic, China Mobile said on Thursday.
March24,2017
Tencent 2016 profit up 43 pct to 6 bln USD
Tencent Holdings Ltd. reported a 43 percent rise in 2016 net profit to 41.1 billion yuan (about 6 billion U.S. dollars), mainly due to solid revenue growth in cloud services and payment, the company said here on Wednesday.
March23,2017
Ctrip reports 76% net revenue increase
Ctrip.com International, Ltd., a leading travel service provider, Thursday reported a net revenue of RMB19.2 billion (US$2.8 billion) for 2016, a 76% increase from 2015.
February24,2017
Hong Kong Disneyland records loss for second year
Hong Kong Disneyland (HKDL) has reported a net loss of 171 million Hong Kong dollars (22.03 million U.S. dollars) for 2016 fiscal year, a second loss following the 2015 fiscal year, due to the slower Hong Kong tourism market.
February22,2017
China's largest rare earth firm expects profit plunge
China Northern Rare Earth (Group) High-tech Co, Ltd, the country's largest rare earth miner and producer, expected its net profits to plunge in 2016 as demand sagged, prices faltered while production costs rose.
January16,2017
Chinese banks’ net forex sales climb
Chinese banks continued to see net foreign exchange sales in November, and the volume expanded, signaling increased capital outflows.
December19,2016
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