Cathay Pacific (293 HK) has posted a net profit of HK$4.7 billion for the year ended December 31 in 2009, against a net loss of HK$8.696 billion in 2008. Earnings per share were HK1.193. A final dividend of HK$0.1 per share was declared. (Sing Tao Finance B3)
Chairman of the board of supervisors of CCB (939 HK), Xie Duyang, said the lender is considering for its financing plan but did not mention the scale. (Hong Kong Economic Journal P. 6)
China Everbright International (257 HK) has recorded a net profit of HK$372 million for 2009, surging 10 per cent compared with a year earlier. A final dividend of 1.2 HK cents per share was declared. (Sing Tao Finance B3)
China Mobile (941 HK) has agreed to buy 20 per cent stake in Shanghai Pudong Development Bank at a price of 18.03 yuan apiece, a 13 per cent discount on its last trading price, for 39.8 billion yuan. (Sing Tao Finance B2)
Chongqing Machinery & Electric Company (2722 HK) has agreed to buy the entire stake of six companies from UK Precision Technologies Group for HK$232 million yuan. (Hong Kong Economic Times A14)
Chu Kong Shipping Development Company (560 HK) has recorded a profit for the year 2009 amounting to HK$75 million, down 35 per cent against in 2008. Earnings per share were 8.43 HK cents. A final dividend of 3 HK cents per share was declared. (Hong Kong Economic Journal P. 6)
Citic Pacific (267 HK) said its net profit for 2009 amounted to HK$5.95 billion, against a net loss of HK$12.7 billion in 2008. Earnings per share were HK$1.63. A final dividend of HK$0.25 per share was declared. (Sing Tao Finance B2)
Convenience Retail Asia (8052 HK) has posted a net profit of HK$90.45 million for the year ended December 31 in 2009, edging up 1.8 per cent year-on-year. Earnings per share were 12.39 HK cents. A final dividend of 6 HK cents per share was declared. (Sing Tao Finance B3)
Geely Automobile (175 HK) said its parent Geely Holding Group has completed its refinancing to take over Volvo for HK$16.3 billion. (Hong Kong Economic Journal P. 6)
Hysan Development (14 HK) has recorded a net profit of HK$1.113 billion for the year ended December 31 in 2009, dropping 7.3 per cent year-on-year. A final dividend of 54 HK cents per share was declared. The company also appoints Mr. Yim Lui Fai Gerry, its currently executive director, as the new chief executive officer effective March 10. (Sing Tao Finance B2)
PICC Property and Casualty (2328 HK) announced that its direct premiums income for the period from January 1 to February 28 was 26 billion yuan, up 28 per cent compared to 20 billion yuan for the same period in 2009. (Hong Kong Economic Journal P. 6)
Sinotrans Shipping (368 HK) has recorded a net profit of US$106 million for 2009, plunging 69 per cent year-on-year. Earnings per share were 2.7 US cents. A final dividend of 0.64 US cent per share was declared. (Sing Tao Finance B2)
TCL Multimedia Technology (1070 HK) said its net profit for 2009 amounted to HK$397 million, against a net loss of HK$268 million in 2008. Earnings per share were 39.15 HK cents. A final dividend of 12 HK cents per share was declared. (Sing Tao Finance B3)
TOM Group (2383 HK) said loss amounted to HK$60.51 million for 2009, compared with a loss of HK$1.39 billion over the previous year. The loss per share was 1.55 HK cents. No final dividend was declared. (Hong Kong Economic Times A14)
Zhongsheng Group (881 HK) said it will resume the initial public offering in Hong Kong stock market in March. It plans to issue 286.6 million new shares at a price ranging between HK$9.54 and HK$12.83 apiece. Entry fee is set at HK$6479 per board lot of 500 shares. (Sing Tao Finance B2)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
