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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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