AviChina Industry & Technology (2357 HK) recorded profits for the first time in three years. Net profit amounted to 160 million yuan. Earnings per share were 3.5 fens yuan. No final dividend would be paid. The company lost 1.06 billion yuan in 2008. (Hong Kong Economic Journal P.9)
China Communications Construction (1800 HK) reported a net profit of 7.2 billion yuan for 2009, up 19 per cent. Earnings per share were 49 fens yuan. The value of new contracts amounted to 360.3 billion yuan, an increase of 27 per cent. A dividend of 11.6 fens yuan per share was declared, up 18 per cent. (Sing Tao Daily B4)
China Southern Airlines (1055 HK) earned 330 million yuan in 2009 while in 2008 the company lost 4.8 billion yuan. Operating revenue was 56 billion yuan, down 0.68 per cent. Earnings per share were 5 fens yuan. No dividend will be declared. (Sing Tao Daily B3)
Chongqing Machinery & Electric’s (2722 HK) turnover for 2009 reached 6.893 billion yuan, up 15.9 per cent. Net profit was 594 million yuan, up 18 per cent. Earnings per share achieved 0.16 yuan while final dividend of 6 fens yuan was declared. (Hong Kong Economic Journal P.10)
Daphne International’s (210 HK) 2009 full-year profits dropped 2 times to HK$394 million including fair value loss on warrants issued to TPG of HK$200 million. Earnings per share were 24 HK cents. Final dividend of 5 HK cents per share was declared, up 67 per cent. (Sing Tao Daily B4)
Evergrande Real Estate ‘s (3333 HK) net profit for the year 2009 near doubled to1.046 billion yuan year-on-year. Earnings per shear were 7.4 fens yuan. Final dividend of 0.7 fens per share was declared. (Sing Tao Daily B2)
Geely Automobile (175 HK) posted record profit of 1.182 billion yuan for the year 2009, surging 35 per cent. Earnings per share were 17 fens yuan. Final dividend of 2.3 HK cents per share was declared, up 44 per cent. (Sing Tao Daily B3)
Glorious Property (845 HK) recorded in 2009 net profit of 2.366 billion yuan, up 88.54 per cent year-on-year. Earnings per share were 0.38 yuan. Sales revenue increased 56.3 per cent. Final dividend of 3 fens per share was declared. (Sing Tao Daily B2)
Longfor Property’s (960 HK) net profit for the year 2009 climbed 5.66 times to 2.2 billion yuan. Earnings per share were 53.5 fens yuan. Excluding the net impact of investment property revaluation gain, core attributable profit also surged 5.4 times to 1.61 billion yuan. Final dividend of 6.3 fens per share was declared. (Sing Tao Daily B2)
Shandong Chenming Paper (1812 HK) saw around 862 million yuan in 2009 profits, down 21.8 per cent, with turnover around 14.8 billion yuan. Final dividend of 0.30 yuan per share was declared. (Sing Tao Daily B3)
Shandong Xinhua Pharmaceutical (719 HK) recorded a net profit of 99.68 million yuan for the year 2009, up 2.3 times. Earnings per share were 21.8 fens yuan. Final dividend of 5 fens yuan per share was declared. (Hong Kong Economic Journal P.7)
Shanghai Electric’s (2727 HK) net profit declined by 4.4 per cent to 2.453 billion yuan. Turnover was down by 2.4 per cent to 57.622 billion yuan. Earnings per share achieved 19.62 fens yuan. Final dividend of 5.88 fens yuan was declared. (Hong Kong Economic Journal P.9)
Shell Electric Mfg. (81 HK) saw a loss of HK$280 million for the year 2009. No dividend will be declared. The company proposed to change its name to “China Overseas Grand Oceans Group Limited”. (Hong Kong Economic Journal P.8)
Tencent (700 HK), a firm that is holding over HK$10 billion cash, announced yesterday its biggest overseas investment plan since its listing. The company is to buy 10.26 per cent economic interest in Digital Sky Technologies for HK$2.328 billon. After the deal, it will become one of the shareholders of Facebook indirectly. (Hong Kong Economic Times A12)
UC RUSAL’s (486 HK) net profit for 2009 was US$821 million. Earnings per share were 6 US cents. No final dividend will be declared. (Sing Tao Daily B3)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
