China’s industrial profit up 9.3 pct in April
BEIJING, May 27 (Xinhua) — Major Chinese industrial firms saw their combined profits rise 9.3 percent year on year in April, slowing from the 12.1-percent rate seen during the first quarter, official data said Monday.
The profits of [...]
Lenovo Quarterly Profit Rises 90% on Market Share Gains
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Lenovo Group Ltd. (992), the world’s second-biggest maker of personal computers, reported a 90 percent gain in fourth-quarter profit after increasing its market share and boosting smartphone sales.
Net [...]
51job.com’s Online Recruitment Net Profit Down 9.7%
Chinese Internet recruitment website 51job.com published its financial report for the first quarter ended March 31, 2013, stating that its total operating revenue was CNY380.4 million, a year-on-year decrease of 0.1%, and its net profit was [...]
Panasonic 14-140mm to ship from May 30. And company promises to go back to profit within the year.
Panasonic Japan announced that the new 14-140mm MFT lens will ship from May 30. This is a nice lens, lighter, faster, cheaper than the previous 14-140mm lens. You can preorder the new lens at Amazon (Click here), BHphoto (Click here) and at [...]
ASUS sells 3 million tablets in 2013 Q1, rakes in $202 million profit
The PC market may be shrinking, but ASUS’ plan to avoid being swept away by its rivals seems to be working. The Nexus 7 maker’s latest financials reveal it made $ 3.5 billion in revenue, coining a quarterly profit of $ 202 million [...]
Youku Sees Mobile, Original Content Aiding Profit Push, Koo Says
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Youku Tudou Inc. (YOKU), China’s largest online video company, says original programming and a push into mobile content will help the company as it seeks to post its first profit since a 2010 initial [...]
China Q1 industrial profit up 12.1 pct
BEIJING, April 27 (Xinhua) — Major Chinese industrial firms saw their combined profit rise 12.1 percent year on year in the first quarter, slowing from the 17.2-percent rate seen during the January-February period, official data showed [...]
ZTE Returns to Profit on Asset Sale After Two Straight Losses
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ZTE Corp. (763), China’s second-biggest maker of mobile-phone equipment, returned to profit in the first three months of this year because of an asset sale, after posting two straight quarterly losses. [...]
For first time in more than a decade, Apple posts drop in quarterly profit
By Poornima Gupta ,ReutersApril 25, 2013, 12:03 am TWN
SAN FRANCISCO — Apple Inc. on Tuesday bowed to investors’ demands to share more of its US$ 145 billion cash pile, while posting its first quarterly profit decline in more [...]
China Mobile First-Quarter Profit Little Changed on Costs
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China Mobile Ltd. (941), the world’s largest phone company by subscribers, reported its weakest profit growth in three quarters as higher costs eroded gains from an increase in users of high-speed network [...]
China’s Huawei Net Profit Up 24.5% In 2012
Chinese telecom equipment maker Huawei published its audited annual results for 2012.
According to the report, Huawei achieved global sales of CNY220.2 billion in 2012; while its net profit increased by 24.5% year-on-year to CNY15.38 billion. [...]
HTC Profit Slumps on Product Delay
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TAIPEI—HTC Corp.’s first-quarter net profit slumped 98% from a year earlier after sales suffered from the delayed launch of the company’s new flagship smartphone.
The Taiwanese manufacturer [...]
Lenovo announces strategy to boost profit
Source: By Gao Yuan (China Daily)
Lenovo Group Ltd, the world’s second-largest personal computer maker by unit sales, said on Tuesday that it plans to make its server and storage business arm into one of the company’s major revenue [...]
Chinese liquor maker’s net profit jumps 61 pct
BEIJING, April 1 (Xinhua) — Wuliangye Yibin Co., Ltd., one of China’s top liquor brands, announced Monday that its 2012 net profit surged 61.35 percent year on year to 9.94 billion yuan (1.6 billion U.S. dollars).
However, the alcohol [...]
China Unicom Net Profit Up 68.5%
China Unicom’s annual results for 2012 showed that the company’s operating revenue increased by 19% year-on-year to CNY248.93 billion in 2012; and its net profit increased by 68.5% year-on-year to CNY7.1 billion.
China Unicom’s [...]
China Telecom Net Profit Down 10%
China Telecom published its annual results for 2012, stating that its total operating revenue reached CNY283.073 billion, a year-on-year increase of 15.5%; but its profit attributable to shareholders was CNY14.925 billion, a year-on-year decrease [...]
CPIC’s 2012 net profit down 39 percent
China Pacific Insurance (Group) Co Ltd, or CPIC, said Sunday that its 2012 net profit dropped by 38.9 percent year-on-year due to decrease of investment yield and slowdown of business growth.
Its net profit hit 5.077 billion yuan ($ 809.6 [...]
China Mobile Net Profit Up 2.7%
Chinese telecom operator China Mobile published its annual financial report for 2012, stating that the company’s operating revenue was CNY560.4 billion, a year-on-year increase of 6.1%; and its profit attributable to shareholders was [...]
China Unicom Profit Beats Estimates on Cheap Smartphones
Source: Bloomberg
China Unicom (Hong Kong) Ltd. (762), the nation’s second-largest mobile-phone company, posted fourth- quarter profit that beat analyst estimates as it boosted users through low-priced smartphones and reduced subsidies.
Net [...]
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