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Door fqu321 - Maandag 5 december 2011, 07:26

Chalco p cowboys jerseys osts 99.9% slump in 2008 net profit

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Chalco posts 99.9% slump in 2008 net profitPublished: 29 Mar 2009 20:03:02 PST<p class="authorInfor"]</p]<!--begin CK content--]<P]Mar. 30, 2009 (China Knowledge) - Aluminum Corp of China Ltd (Chalco)&lt;601600&gt;&lt;2600&gt;&lt;ACH&gt;, the nation's largest aluminum producer, said its 2008 net profit slumped 99.9% to RMB 9.2 million due to a sharp drop in metal prices and a steep increase in costs.</P]<P]In 2007, Chalco realized RMB 10.75 billion in net profit, sources said.</P]<P]According to the company's latest financial result, its revenue for 2008 decreased to RMB 76.73 billion compared with RMB 86.20 billion in 2007.</P]<P]Chalco also posted a larger-than-expected net loss in the fourth quarter of last year, its first loss in a decade.</P]<P]The company said it will trim investment scale and improve investment structure to ride out the tough period.</P]<P]Aluminum Corp of China (Chinalco), parent of Chalco, is offering US$19.5 billion to buy Rio Tinto assets and convertible notes which would lift its Rio Tinto stake to 18%. <BR]</P]
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Door fqu321 - Maandag 5 december 2011, 07:27



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Door fqu321 - Maandag 5 december 2011, 07:27

China No ccm hockey nferrous Metal Mining starts issuing RMB 1 bln bonds

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China Nonferrous Metal Mining starts issuing RMB 1 bln bondsPublished: 27 Nov 2008 01:58:10 PST<p class="authorInfor"]</p]<!--begin CK content--]
Nov. 27, 2008 (China Knowledge) - China Nonferrous Metal Mining (Group) Co Ltd, a large-sized state-owned enterprise under direct leadership of the State-owned Assets Supervision and Administration Commission (SASAC), started issuing RMB 1 billion fixed-rate corporate bonds with a maturity of ten years on the interbank market on Nov.27 to Dec. 3. </p]
The company said in a statement that the proceeds from the issuance will be used to fund projects and supplement working capital. </p]
China Chengxin International Credit Rating Co has rated the issuer and the bonds AA+ and AA+ respectively. </p]
Guotai Junan Securities Co has been assigned as major underwriter for the sale.<br /]</p]<br /]Copyright &copy; 2008 www.chinaknowledge.com<br /]<br /]Send feedback or comments to: news@chinaknowledge.com<br /]<br /]For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: <br /]<br /]To access our page on Bloomberg, type CKFI <go]<!--end CK content--]</go]<!-- right Begin --]Related TopicsChina News<br /]<map name="Map" id="Map"]</map]<!-- right end--]lipo battery &#23567;&#39069;&#36151;&#27454; &#21516;&#22768;&#20256;&#35793; &#30701;&#20449;&#32676;&#21457; &#38109;&#21512;&#37329;&#21319;&#38477;&#26426; &#29694;&#37329;&#21270; &#21475;&#12467;&#12511; &#12463;&#12524;&#12472;&#12483;&#12488;&#12459;&#12540;&#12489;&#29694;&#37329;&#21270;


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Door fqu321 - Maandag 5 december 2011, 07:29



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China's PDH fiber optical multiplexer Stocks Rebound on Thursday

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China's Stocks Rebound on ThursdayPublished: 20 Aug 2009 18:22:20 PST<p class="authorInfor"]</p]<P]China's stocks rose 4.52 percent on Thursday's close.</P]<P]The benchmark Shanghai Composite Index rose 4.52 percent, or 126.00 points, to finish at 2,911.58. The Shenzhen Component Index rose 3.91 percent, or 438.43 points, to end at 11,648.35.</P]<P]Combined turnover expanded only slightly to 191.33 billion yuan (28.01 billion U.S. dollars) from 191.07 billion yuan on the previous trading day.</P]<P]<em](Xinhua News Agency August 20, 2009)</em]

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Door fqu321 - Maandag 5 december 2011, 07:31

Ping An quinceanera Dresses says net profit fell 95.6% in 2008

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Ping An says net profit fell 95.6% in 2008Published: 08 Apr 2009 23:36:47 PST<p class="authorInfor"]</p]<!--begin CK content--]<P]Apr. 9, 2009 (China Knowledge) - Ping An Insurance (Group) Co&lt;601318&gt;&lt;2318&gt;, the second biggest insurance company in China and the world's second largest insurer by market value, recorded a net profit of RMB 662 million in 2008, down 95.6% year on year, according to the financial report it released yesterday.</P]<P]Its earnings per share for last year plummeted 95.7% to RMB 0.09, and the company decided not to pay the final dividend for 2008, said the report.</P]<P]Last year, Ping An realized business revenue of RMB 139.8 billion, down 15.4% from a year earlier.</P]<P]The insurance giant attributed to the sharp profit decline to the RMB 22.79 billion impairment loss on its 5% stake in European financial group Fortis.</P]<P]The report said the company is still in good financial standing since group's overall solvency ratio is above 300%, since the solvency ratio of its life insurance unit is above 180%, and since the capital adequacy ratio of its banking unit is above 10%.<BR]</P]
Copyright &copy; 2009 www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today:

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Hung Hin sacs pas cher g Printing's H1 profit falls on weak overseas demand

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Hung Hing Printing's H1 profit falls on weak overseas demandPublished: 22 Dec 2009 01:33:15 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P]Dec. 22, 2009 (China Knowledge) - Hung Hing Printing Group Ltd&lt;0450&gt;, a Hong Kong-based printing and carton maker, announced yesterday that its net profit fell 54.5% year on year to HK$100.9 million during the six months ended Sep. 30.</P]<P]Earnings per share were 10.9 Hong Kong cents, down 63% from a year earlier. The company declared an interim dividend of four Hong Kong cents, according to its interim report.</P]<P]Hung Hing Printing's revenue in the period was HK$1.5 billion, down 32% from the same period of last year.</P]<P]Managing Director Matthew Yum Chak-ming attributed the drop in profit to a sharp decline in overseas demand as 70% of the company's business came from exports.</P]<P]The Hong Kong-listed company said it predicted that exports will rebound next year and hopes to maintain a 10% growth in gross profit.<BR]</P]
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Door fqu321 - Maandag 5 december 2011, 07:34



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Door fqu321 - Maandag 5 december 2011, 07:34

CBRC mul sanitary check valves ls consumer finance firms

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CBRC mulls consumer finance firmsPublished: 24 Dec 2008 01:18:58 PST<p class="authorInfor"]</p]<!--begin CK content--]
Dec. 24, 2008 (China Knowledge) - China Banking Regulatory Commission (CBRC) has submitted the proposal to the relevant authorities of the central government on setting up consumer finance companies in major Chinese cities, like Beijing and Shanghai.</p]
The new consumer finance companies, to be carried out initially in trial schemes, will focus on consumer loans for the purchase of consumer durables as well as expenses on education, tourism and wedding ceremonies.</p]
The move is expected to further help boost the domestic consumption and maintain a stable economic growth of the country. <br /]</p]<br /]Copyright &copy; 2008 www.chinaknowledge.com<br /]<br /]Send feedback or comments to: news@chinaknowledge.com<br /]<br /]For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: <br /]<br /]To access our page on Bloomberg, type CKFI <go]<!--end CK content--]</go]<!-- right Begin --]Related TopicsChina News<br /]<map name="Map" id="Map"]</map]<!-- right end--]&#20083;&#21270;&#26426; &#36890;&#39118;&#26588; Waterproof socks &#24037;&#20316;&#27969; &#29694;&#37329;&#21270; &#21363;&#26085; &#34701;&#36039; &#12459;&#12540;&#12489; &#29694;&#37329;&#21270;


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Door fqu321 - Maandag 5 december 2011, 07:36

ICBC lau playground toys nches private banking services in Jiangsu

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ICBC launches private banking services in JiangsuPublished: 15 Dec 2009 01:16:51 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P]Dec. 15, 2009 (China Knowledge) - Industrial and Commercial Bank of China&lt;601398&gt;&lt;1398&gt; has set up a private bank division in Nanjing, Jiangsu Province. </P]<P]The new division, following ICBC's private banking divisions in Beijing, Shanghai, Guangzhou and Shenzhen, is the first one in the affluent coastal province. </P]<P]Launched in March 2008, ICBC private banking services target the high net worth clients with personal financial assets over RMB 8 million. It will offer a wide range of wealth management services, assets management and advisory services to the clients.</P]<P]It is estimated that the Chengdu division will open within a month. ICBC also has plans to expand the private banking services to other provincial capitals, including Taiyuan, Hangzhou, Jinan and Zhengzhou. <BR]</P]
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