Ajisen (China) (538 HK) posted a profit of HK$314 million for the year 2009, up 42 per cent. Earnings per share were 29.45 HK cents. A final dividend of 7.5 HK cents per share and special dividend of 7.5 HK cents per share were declared. (Hong Kong Economic Journal P.12)
Bank of Communications (3328 HK), China's fifth-largest lender by assets, posted a 5.6 per cent increase in 2009 profit, driven by higher revenue from fee-based business, such as credit cards and wealth management. Earnings per share were 0.61 yuan. A final dividend of 0.1 yuan per share and interim dividend of 0.1 yuan were declared. (Sing Tao Daily B5)
Cheung Kong Holdings (1 HK), billionaire Li ka-shing’s property developer, said 2009 profit rose 53 per cent to HK$19.8 billion, as economic growth in China and Hong Kong lifted home sales and the value of its properties. Earnings per share were HK$8.59. A final dividend of HK$2.2 per share was declared. (Sing Tao Daily B2)
China Agri-Industries (606 HK) reported a profit of HK$1.95 billion for the year 2009, down 26 per cent year on year, mainly due to the decreasing price of raw materials and related products. Earnings per share were 51.7 HK cents. A final dividend of $5.9 HK cents per share was declared. (Sing Tao Daily B6)
China Communications Services (552 HK) recorded a net profit of 1.599 billion yuan for the year 2009, up 20.5 per cent. Gross profit margin dropped marginally to 16.1 per cent. A final dividend of 0.1108 per share was declared, up by 21.4 per cent. (Hong Kong Economic Times A12)
Chinese Estates (127 HK) posted a net profit of HK$8.65 billion for the year 2009, returning to the black. Core profit dropped 68 per cent to HK$1.42 billion, if the net income of HK$7.23 billion from ma r non-cash items was excluded. A final dividend of 1 HK cent per share was declared. (Hong Kong Economic Times A12)
China Taiping Insurance (966 HK) recorded a net profit of HK$825.7 million for the year 2009, compared with a net loss of HK$486 million in 2008. Earnings per share were 52.7 HK cents. No final dividend was declared. (Hong Kong Economic Times A12)
Cosco Pacific (1199 HK) reported full-year net income of $173 million, slumping 37 per cent year on year, as the economy recession harmed the world trade. Earnings per share were 7.66 US cents. A final dividend of 1.199 US cents per share was declared. (Sing Tao Daily B5)
Country Garden (2007 HK) posted a net profit of 2.8 billion yuan for the year 2009, up 50 per cent. While the profit actually declined 30 per cent to 1.83 billion yuan, if gains on equity swap were excluded. Earnings per share were 12.73 fens. A final dividend of 4.5 fens yuan per share was declared. (Hong Kong Economic Journal P.13)
Ports Design Limited (589 HK) recorded a net profit of 468 million yuan on strong retail sales for the year 2009, up 11 per cent. A final dividend of 0.24 yuan per share was declared. (Hong Kong Economic Journal P.12)
Henderson Land Development Co., (12 HK) the Hong Kong developer controlled by billionaire Lee Shau-kee, said net profit for the 18 months to December 2009 was HK$14.32 billion. Earnings per share were HK$2.84. A total dividend of HK$1.30 per share was declared. (Sing Tao Daily B4)
The SFC suspended Hontex International’s shares (946 HK) from trading yesterday at 9 a.m. for a case of misleading information being given out. It was only the fifth order given by SFC in ten years. (Sing Tao Daily B6)
Hutchison Whampoa (13 HK), billionaire Li Ka-shing’s biggest company, reported full-year profit of HK$14.17 billion, surging 12 per cent as mobile-phone losses narrowed. Earnings per share were HK$3.32. A final dividend of HK$1.22 per share was declared. (Sing Tao Daily B2)
Nine Dragons Paper (148 HK) said fiscal half-year profit ended at last December was 1.037 billion yuan, surging 2.2 times. Earnings per share were 23 fens. An interim dividend of 2 fens per share was declared. (Sing Tao Daily B5)
Zijin Mining (2899 HK) recorded a profit of 3.55 billion yuan for the year 2009, up 15 per cent, mainly help by the high gold price last year. The company realized an average gold price of around US$965.97 per ounce, up 9.41 per cent from the same period last year. (Hong Kong Economic Times A12)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
