Manufacturing

Novo Groupā€™s revenue plunges 43.5% to US$66.2m in 1Q12

Itā€™s no surprise as many steel enterprises reported sharp decreases in profits due to the surging prices of steel related raw materials, iron ores...

Novo Groupā€™s revenue plunges 43.5% to US$66.2m in 1Q12

Itā€™s no surprise as many steel enterprises reported sharp decreases in profits due to the surging prices of steel related raw materials, iron ores...

CPMC profit up 30.7% to CNY136mn

Two-piece beverage can business achieved a sales volume of approximately 740 million cans.

Real Gold Announces profit up 10% to CNY355mn

The surging price of gold during generally unfavourable economic conditions has created a favourable environment for the gold market.

Yipā€™s Chemical posts first half profit at HK$103mn

Despite profit drop, the group still optimistic to reach its annual turnover target of HK$20bn by 2015.

UC Rusal profit drops 20.5% to $1mn

The Company eyes strong demand for aluminum to continue in 2011 with a 13% growth expected to be driven by the BRIC economies.

China BlueChem posts first quarter profit at CNY1bn

The companyā€™s sales volume of primary products ā€“ such as urea, phosphate fertilizers and methanol ā€“ have all hit record highs.

China Rongsheng Heavy Industries inks CNY30bn deal with China Development Bank

The deal to step up the companyā€™s development of high-end offshore engineering equipment manufacturing operations.

Shanshui Cement profit surges 206.5% TO RMB1.2bn

The company continues to expand production capacity and consolidate market leadership.

Xingda half year profit reaches RMB314mn

The company is making good progress in expanding its clientele and will continue to place efforts toward increasing sales orders for sawing wires.

AAC Technologies profit up 33% to RMB509mn

The company sees potential in acquisitions and continuous internal R&D investment in acoustic, optic, haptic, antenna, and battery applications .

Sinoref Holdings profit drops 22% to RMB54.6mn

The group actively expands local and overseas customer base in preparation of its new production line launching.

Lenovo president Rory Read named CEO of AMD

The PC maker has no immediate plans to name a Readā€™s replacement.

China Metal Recycling profit up 148.5% to HK$1bn

Credit tightening in China provided a favorable business environment to the company as weaker rivals faces financing difficulties.

Man Yue Technology profit up 40.2% to HK$74mn

The companyā€™s ESS unit eyed to take off and contribute revenue starting next year.

Chemical unit of Yipā€™s Chemical among top 20 global ink companies

Bauhinia Variegata Ink is the first Chinese ink company to be chosen among international leaders.

Tongda Group profit up 18.1% to HK$102.12mn

The group maintains stable sales and profit growth amid global economic instability and aftermath of Japan earthquake.

Telefield first half profit down slightly to HK$27mn

Yet revenue climbed 21.8% to HK$598.4mn with new products in the pipeline to drive future growth.