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  • Tencent reports rising revenues, net profits in Q4 of 2022

    Chinese internet giant Tencent has reported year-on-year increases in its revenue and net profit during the fourth quarter of 2022, despite drops in its annual earnings.

    March23,2023


  • China's major furniture makers see profits rise in 2022

    Total profits of China's major furniture manufacturers expanded 7.9 percent in 2022, official data showed.

    February06,2023


  • China's commercial banks' profits to rise 8 pct in Q3

    China's commercial banks are expected to see profits rise 8 percent year on year in the third quarter of 2022, according to a report issued Tuesday by the Bank of China Research Institute.

    July05,2022


  • Update: Profits of Chinese SOEs rise 7 pct in Q1

    The combined profits of China's state-owned enterprises (SOEs) rose 7 percent year on year to nearly 1.02 trillion yuan (about 155.5 billion U.S. dollars) in the first quarter of the year, official data showed on Tuesday.

    April27,2022


  • 【Financial Str. Release】Profits of Chinese SOEs surge in Jan.-May

    The combined profits of China's state-owned enterprises (SOEs) surged 170 percent year on year to 1.79 trillion yuan (about 277 billion U.S. dollars) in the first five months of 2021, official data showed Wednesday.

    June24,2021


  • China's battery giant reports robust profits in 2020

    Contemporary Amperex Technology Co., Ltd. (CATL), China's largest automotive lithium-ion battery maker, posted strong profit growth in 2020 despite the COVID-19 epidemic.

    April29,2021


  • China's battery makers report higher profits in Jan.-Oct.

    China's major battery manufacturers reported lower revenues but higher profits in the first 10 months of the year, official data shows.

    December14,2020


  • Profits, revenues of Chinese SOEs continue to rise in August

    Profits and revenues of China's state-owned enterprises (SOEs) and state-controlled firms continued to post year-on-year growth in August, the Ministry of Finance said Wednesday.

    September23,2020


  • Chinese automakers' profits down 5.9 pct in Jan-July

    China's auto manufacturing sector saw the decline in its profits narrow in the first seven months of 2020 as the auto market maintained recovery momentum, industry data showed.

    August28,2020


  • Profits of Chinese SOEs continue to rise in July

    Profits and revenues of China's state-owned and state-controlled enterprises (SOEs) continued to post year-on-year growth in July, the Ministry of Finance said Wednesday.

    August27,2020


  • Chinese SOE profits bounce back in June

    Profits and revenues of China's state-owned and state-controlled enterprises (SOEs) posted this year's first year-on-year growth in June, the Ministry of Finance said on Thursday.

    July24,2020


  • Adidas posts strong 2019 results, but coronavirus impact looms

    German sportswear giant Adidas posted gains in 2019, with revenues adjusted for currency effects up 6 per cent on the previous year to 23.64 billion euros (26.77 billion dollars).

    March13,2020


  • Economic Watch: China's high-tech manufacturing sector sees better profits

    China's high-tech manufacturing industry saw improving profitability during the first 10 months of the year, reflecting the country's achievement in industrial upgrading and economic restructuring.

    November28,2019


  • China heavy equipment maker Sany reports profit surge in H1

    China's leading heavy equipment manufacturer Sany Heavy Industry Co., Ltd. reported a 99.14-percent annual growth in net profit in the first half of 2019 amid booming market demand.

    August30,2019


  • Siemens reports lower profits in Q3 citing geopolitical tensions

    German industrial manufacturing giant Siemens sees geopolitical clouds on the horizon, despite a general willingness to invest, chief executive Joe Kaeser said from company headquarters in Munich on Thursday.

    August02,2019


  • High investments squeeze BMW profits

    BMW may have sold more cars in the second quarter, but it fell short in terms of profit.

    August02,2019


  • Chinese SOEs maintain steady profit growth in H1

    Profits of Chinese state-owned enterprises (SOEs) grew steadily in the first half of 2019, official data showed Tuesday.

    July24,2019


  • China steel firms see falling profits in Q1

    Major Chinese steel manufacturers reported sharp profit declines in the first quarter of 2019 as falling steel prices eroded profit margins.

    April26,2019


  • China Life Insurance profits surge 93 pct in Q1

    China Life Insurance Co., one of the country's biggest insurers, said Thursday that its net profits soared 92.6 percent year-on-year during the first quarter of 2019.

    April26,2019


  • ICBC profits up 4.1 pct in 2018

    The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, on Thursday reported a net profit increase of 4.1 percent last year.

    March29,2019


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