Yue Yuen Industrial (Holdings) Limited, the world's largest branded footwear manufacturer, reported net consolidated operating revenue grew 1.5 percent to $665.5 million in August, thanks to continued double-digit growth at its Chinese ...
Centrally-administered state-owned enterprises (SOEs) performed well in the first half of the year, regulators said on Tuesday. These SOEs have seen a steady rise of profitability, especially in the second quarter of the year, the ...
Tags: China economy, SOEs
Profits at major Chinese industrial firms dropped 0.3 percent year on year in June, down from a 0.6 percent growth posted in May, the National Bureau of Statistics (NBS) said on Monday. He Ping, an official with the Department of Industry ...
Tags: Industrial Profits, China economy
Since the implementation of policy of subsidies for purchasing agricultural machinery in 2004, China agricultural machinery industry has maintained double-digit growth, even with the operating revenue growth rate of 33.8% in 2011. However, ...
Tags: agricultural machinery, tractor
Industrial restructuring, growth in services good indicators of improving conditions, say experts Positive signs have started to emerge in China's economy since the second quarter, suggesting deepened industrial restructuring amid rapid ...
Tags: Industrial restructuring, Positive signs, China's economy
Former Coles boss, Ian McLeod has resigned from his position with Coles’ parent company Wesfarmers, accepting an offer to become President and Chief Executive Officer of Bi-Lo Holdings, one of the largest supermarket operators in the ...
Tags: retail market, Agriculture
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first nine months of the current year, announcing an operating revenue of RMB 143.592 billion ($23.39 billion), up 0.93 ...
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has issued its financial results for the first nine months of the current year, posting an operating revenue of RMB ...
Tags: Chongqing Iron and Steel, Results, Energy
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang) has announced that in the first half of the current year it registered an operating revenue of RMB 14.672 billion ($2.38 billion), down 23.70 percent year on year, ...
Tags: Baogang, steelmaker
Jiangsu Province-based Chinese steelmaker Shagang Co. has stated that in the first half of the current year it achieved an operating revenue of RMB 5.302 billion ($0.86 billion), up 2.75 percent year on year, while it recorded a net profit ...
Fujian Province-based Chinese steelmaker Fujian Sangang (Group) Co. issued its financial results for the first half of the current year on August 25, announcing a net loss of RMB 43.1284 million ($7.01 million) compared to a net loss of RMB ...
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first half of the current year, stating that in the given period it achieved an operating revenue of RMB 97.598 billion ...
Tags: Baosteel, Financial Report, Metallurgy
On August 20, Guangdong Province-based Chinese steel rolling and processing company SGIS Songshan Co., an affiliate of Guangdong-based Shaoguan Iron and Steel Co. (Shaogang), announced in its financial report for the first half of the ...
Tags: SGIS Songshan, Loss, Energy
In its financial report for the first half of the current year issued on August 12, Beijing-based Chinese steelmaker Shougang Iron and Steel Co. announced that it recorded a net profit of RMB 9.3602 million ($1.5 million) for the given ...
Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. (Lingyuan Steel) has announced that it registered an operating revenue of RMB 7.245 billion ($1.17 billion), down 1.16 percent, seeing a net loss of RMB 269.76 million ...
Tags: Lingyuan Steel, Announce, Operating Revenue