China National Building Material Company (3323 HK) expects the unaudited profit attributable to equity holders of the company may increase by over 200 percent for the first half of 2011. (Hong Kong Economic Times A10)
Clear Media (100 HK) recorded profit of HK$72,853,000 and EPS of HK13.77 cents for the 6 months ended 30 June 2011. It resolved not to pay any interim dividend to shareholders. (SingTao Daily B2)
Enerchina (622 HK) expects a considerable net profit attributable to owners for the 1H as compared with the net loss posted in the same period last year, principally owing to a gain on disposal of a subsidiary Shenzhen Fuhuade Electric Power. (SingTao Daily B4)
Essex Bio-Technology (1061 HK) announces that, for the 6 months ended 30 June 2011, its profit attributable to owners reached around HK$15.1 million, surging about 34.4 percent. It does not recommend the payment of an interim dividend. (SingTao Daily B2)
Great Wall Motor Company (2333 HK) announced that its proposed A share issue has been passed by the Public Offering Review Committee of CSRC. The company is waiting for the formal written approval from CSRC. The company plans to issue not more than 304 million A shares. (Hong Kong Economic Times A10)
Guangzhou R&F Properties (2777 HK) announced the contract sales in July 2011 amounted to RMB3,035 million, or up 19 percent compared with that in June. The sales area was 177, 600 square meters. (Hong Kong Economic Times A10)
Hengli Commercial Properties (169 HK) announces that the office building of “Hengli City”, complex property project developed by its subsidiary Fujian Zhonglu Real Estate Development, has been launched for public pre-sale. All 9 levels of office units launched have been subscribed with signed subscription agreements and/or deposits paid. The pre-sold area and consideration is roughly 9,100 sqm and RMB300,000,000 respectively. (SingTao Daily B2)
Japanese paper (2314 HK) manufacturer Nippon Paper plans to spend HK$937 million for more shares in Lee & Man Paper. Nippon Paper will hold 15.32 percent of equity interest in Lee & Man after the completion of transaction. (Hong Kong Economic Journal P6)
Pacific Basin Shipping Ltd (2343 HK) announced its first half-year net profit decreased by 94 percent to US$3 million. The company did not issue any profit alert before the announcement of the result. (Hong Kong Economic Journal P6)
Standard Chartered (2888 HK) registered profit attributable to ordinary shareholders of US$2,516 million in the 1H, surging 20 percent yoy. Normalised EPS upped 4.1 percent to 105.2 US cents. Interim dividend per share rose 10 percent to 24.75 cents per share. (SingTao Daily B3)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
