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Chinese high-speed railway giant remains profitable in Q1 despite COVID-19 bite
Beijing-Shanghai High Speed Railway Co. Ltd., the operator of one of the country's most lucrative railway lines, remained profitable in the first quarter of this year despite the COVID-19 epidemic's hard hit on the transport industry.
Huaxia Bank reports profit growth
Huaxia Bank, a medium-sized Chinese lender, saw stable growth in both profit and revenue in the first quarter.
Chinese automaker BYD projects profit growth for H1
China's leading new energy vehicle (NEV) manufacturer BYD Company Limited expected net profit for the first half to grow 10 percent to 23.75 percent despite a weak performance in the first quarter.
Automaker JAC turns profit in 2019
Chinese carmaker Jianghuai Automobile Group Corp. swung back to profit last year, according to the annual report of the company.
China Construction Bank profit up 4.87 pct in H1
China Construction Bank, one of the country's largest state-owned commercial banks, saw its net profit rise 4.87 percent to 154.19 billion yuan (about 22 billion U.S. dollars) in the first half of 2019.
Twenty two fund firms report RMB2.317 bln net profit H1, down 0.25pct y-o-y
A total of 22 Chinese fund firms that have released their semiannual profit data earned 2.317 billion yuan of net profit in the first six months, down 0.25 percent year on year, reported Securities Times Monday.
China Merchants Bank net profit up 13 pct in H1
China Merchants Bank, one of the largest lenders in China, reported an annual net profit growth of 13 percent in the first half of 2019.
China heavy equipment maker Sany expects profit surge in H1
China's leading heavy equipment manufacturer Sany Heavy Industry Co., Ltd. forecasted significant profit growth in the first half of 2019.
Tencent net profit exceeds 20 bln yuan in Q1
China's Internet giant Tencent announced Wednesday that its net profit increased by 14 percent year on year to 20.93 billion yuan (3.05 billion U.S. dollars) in the first quarter of the year.
Chinese baijiu producer Wuliangye sees quarterly net up 30.26pct y-o-y
China‘s leading baijiu producer - Wuliangye Yibin Co., Ltd. (000858.SZ) reaped 6.475 billion yuan of net profit in the first quarter, up 30.26 percent year on year, reported Shanghai Securities News.
Haitong Securities Q1 profit up 118 pct on market rally
Haitong Securities Co., Ltd. posted a 117.66 percent year-on-year growth in net profit for the first quarter of 2019 amid a stock market rally.
Air China reports growth in revenue, net profit in Q1
Air China, the country's flag carrier, registered growth in its business revenue and net profit in the first quarter of this year, according to a company statement.
Huawei reports robust 2018 revenue, profit growth
Chinese tech firm Huawei reported robust revenue and profit growth in 2018 "despite a challenging environment," the company announced Friday.
Chinese SOEs report solid profit growth in Jan-Feb period
Profits of Chinese state-owned enterprises (SOEs) grew steadily in the first two months of 2019, official data showed Monday.
China Vanke's 2018 profit surges 20.4 pct
China Vanke Co. Ltd., the country's leading property developer, recorded a net profit growth of 20.4 percent in 2018, despite a slowdown in the real estate market, the company said Monday.
China Mobile posts slower profit growth
China Mobile, the country's largest mobile operator, reported slower growth in net profits last year, company data showed Thursday.
China Life expects less profit in 2018 over equity market slumps
China Life Insurance Company Limited, a leading insurer in the country, said Tuesday that it expected a plunge in 2018 net profits due to weak returns on equity market investment.
China Minmetals posts record revenue, profit in 2018
China Minmetals Corporation (CMC), the country's largest metals and minerals group, recorded its best ever revenue and profit last year.
China's SOE profits up 15.6 pct in Jan-Nov
Profits of China's state-owned enterprises went up 15.6 percent year on year to top 3 trillion yuan (437 billion U.S. dollars) in the first 11 months, the Ministry of Finance (MOF) said Saturday.
China's SOE profits keep steady growth in Jan-Oct
Profits of China's state-owned enterprises (SOEs) maintained steady growth in the first 10 months of this year, official data showed.
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