China Minsheng Bank (1988 HK) announced its first half-year net profit amounted to RMB13,918 million, up 48.77 pc year-on-year. The earnings per share was RMB0.52, up 57.58 percent year-on-year. (Hong Kong Economic Journal P11)
China Wireless Technologies (2369 HK) recorded interim net profit of HK$119.0 million, down 56.3% yoy. The company declared interim dividend of HK$0.01 per share. Gross profit decreased to HK$507.8 million, a yoy decrease of 18.2%. (SingTao Daily B5)
For the six months ended June 30 2011, Golden Eagle Retail Group’s (3308 HK) profit attributable to owners of the company was RMB612.2 million, representing a year-on-year increase of 32.5 percent. No dividend was announced. (Hong Kong Economic Times A9)
Haier Electronics (1169 HK) says its consolidated revenue and profits attributable to owners for the six months ended 30 June 2011 are expected to show considerable increases over the comparable period ended 30 June 2010. (SingTao Daily B5)
Hopefluent Group (733 HK) announced the interim results for the first half of 2011. Its profit attributable to the shareholders of the company was RMB75, 535 million, up 26.8 percent with earnings per share of HK16.48 cents. The company announced an interim dividend of HK3.5 cents per share. (Hong Kong Economic Times A9)
Road King Infrastructure (1098 HK) announced that for the first six months in 2011, its net profit increased by 36.9 percent to HK$363 million. An interim dividend of HK$0.22 per share was declared. (Hong Kong Economic Journal P11)
Shenzhen International (152 HK) registered 1H profit attributable to shareholders of HK$954 million, an increase of 34% yoy. The company resolved not to declare an interim dividend. (SingTao Daily B5)
Singamas Container (716 HK) announced for the six months ended June 30 2011, its net profit amounted to US$101 million, increasing 899.8 percent year-on-year. An interim dividend of HK9 cents per share was declared. (Hong Kong Economic Journal P8)
Value Partners Group’s (806 HK) interim net profit soared 1.2x yoy to 199 million. It did not recommend the payment of an interim dividend. Revenue reached HK$385.4 million, an 86.2% yoy increase. (SingTao Daily B5)
Xtep International’s (1368 HK) total revenue was RMB2,570.3 million, a rise of about 26.0% over the same period last year. Profit attributable to equity holders amounted to approximately RMB466.2 million, up 24.8% yoy. Itdeclared an interim dividend of HK13.0 cents a share. (SingTao Daily B4)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
