Cathay Pacific Airways (293 HK) announced that the company’s profit attributable to its shareholders increased by nearly two times to HK$14.048 billion for 2010, a record high for the company’s profit, which also made it the most profitable airline company in the world. The company’s earnings per share for 2010 was HK$3.571. (Sing Tao Daily B2)
China Agri-Products Exchange Limited (149 HK) announced its loss for 2010 was approximately HK$336 million against the loss for 2009 of over HK$300 million. (Sing Tao Daily B3)
China Communications Construction (1800 HK) booked profit attributable to equity holders for the year ended 31 December 2010 of RMB9,863 million, a rise 37 per cent. The company recommended the payment of a final dividend of RMB0.16 per share for the year. (Hong Kong Economic Journal P11)
China Overseas Land & Investment (688 HK) registered contracted sales of 4.25 billion last month, climbing 52.9 per cent yoy. It recorded contracted sales of 12.01 billion for the first 2 months. (Hong Kong Economic Times A16)
Convenience Retail Asia (8052 HK) announced its net profit saw an annual increase of 51 percent to HK$136 million. The company proposed a final dividend per share of HK8.5 cents. (Sing Tao Daily B5)
Geely Automobile (175 HK) announced that the total sales volume for the month of February 2011 was 31,800 units, an increase of approximately 10.8 percent over the same period of last year. (Sing Tao Daily B3)
Harbour Centre Development (51 HK) announced its profit attributable to shareholders of the company increased to HK$1,015 million for 2010. The company recommends a final dividend of HK$0.15 per share. (Sing Tao Daily B3)
Hutchison Whampoa (13 HK) announces that the maximum offering price per unit is US$1.08. Expected day for commencement of trading in Singapore is 18 March 2011. (Hong Kong Economic Journal P11)
Hysan Development (14 HK) saw profit attributable to shareholders go up 31.9 per cent to HK$3.844 billion. It recommended the payment of a final dividend of HK60 cents per share. (Hong Kong Economic Journal P14)
Maoye International Holdings (848 HK) entered into a lease agreement with Shanxi Maylong Real Estate Development Group Co., Ltd. Maoye will lease from Maylong Group the commercial property of Phase I of Maylong International Commercial Plaza for opening of a new store, with a term of a total of 15.5 years. (Sing Tao Daily B3)
Powerlong Real Estate Holdings (1238 HK) has entered into a facility agreement with a syndicate of banks. A 36-month term loan facility in the initial principal amount of US$47,000,000, with a provision for an additional amount of up to US$50,000,000 under certain circumstances, was made available. (Hong Kong Economic Journal P15)
Prudential (2378 HK) posted net profit of £1.43 billion, up 111.7 per cent. It recommended a final dividend of 17.24 pence per share. (Hong Kong Economic Times A12)
Singamas Container Holdings’ (716 HK) results returned to the black for the year ended 31 December 2010. The company recorded profit of US$94.23 million. (Hong Kong Economic Times A16)
Sinotruk (Hong Kong) (3808 HK) announced its sales volume for the first two months in 2011 saw an annual increase of 64.58 percent to 14,157 vehicles. (Sing Tao Daily B3)
Sun Innovation Holdings Limited (547 HK) announced its loss attributable to owners of the company was over HK$29 million with loss per share of HK$0.003 for 2010. The company does not recommend the payment of a dividend for 2010. (Sing Tao Daily B3)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
