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China SCE in the red with RMB103mn loss
China SCE in the red with RMB103mn loss
But the group’s seven month contract sales income surged 116% to RMB3.22bn.
Tang Palace first half profit up 2.6% to RMB24mn
Strategic expansion of restaurant network boosted revenue by 35% to RMB369.3mn and drives future growth.
American Express and Groupon Hong Kong join forces
Collaboration between companies in Hong Kong enables new ways for consumers to take advantage of rewards points.
Scheme $6,000 forms now available for download
Registration forms can also be obtained from more than 1,100 branches of the 21 participating banks.
Tender for South Bay Road site to open 23 September
The private residential lot has a site area of 1,338 square metres.
Bonjour Holdings profit up 67%
Profit amounted to HK$496m.
Agile Property to meet annual sales target
This is despite purchase restrictions affecting a quarter of the developer’s projects.
Daphne International targets 15% growth in same-store sales
The projected year-on-year rise will counter increasing expenses.
Home prices likely to fall further in China
This is amidst entry of new supply prior to the peak of the sales season.
AsiaSat’s profit up 20% to HK$367m in 1H 2011
And turnover for the first half of the year amounted to a whopping HK$802m.
New Heritage posts first half profit at HK$6 million
Strong financial position and a balanced mix of investment and development properties as well as commercial and residential properties enable to sustain healthy development.
Dah Chong Hong profit jumps 63.5% to HK$801mn
Strong growing momentum in China contributed 72.8% of the group’s turnover.
Hopefluent profit up 27% to HK$75.5mn
The group strives to capture market opportunities and actively expand its business network in the second half of 2011.
Comtec Solar profit up 48.1% to RMB101.6mn
The company to increase the Super Mono Wafers shipment to at least 30% of its total shipments to remain profitable amid tough industry environment.
Genius Brand picks Huawei to deploy LTE network in Hong Kong
The infrastructure will deliver a better Internet surfing experience, higher resolution on streamed mobile content and improved interactivity along with other wireless applications.
Lenovo Q1 profit almost doubles
Its shares however retreated almost 3%.
China Yurun Food Group interim profit up 22.9%
It amounted to HK$1.6b.
Commentary
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