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Business / Firms release Q3 reports

SAIC Motor Q3 net profit up 1.43%

[2012-11-01 13:30]

China's leading automaker SAIC Motor Co Ltd, said Wednesday its net profit increased 1.43 percent year-on-year to 5.35 billion yuan ($849 million) in the third quarter of 2012.

COSCO loss widens in Q3

[2012-11-01 09:16]

China Ocean Shipping (Group) Company revealed that sluggish market demand led to it suffering the heaviest loss in the first nine months of 2012.

Ping An Insurance net profit up 20.66% in Q3

[2012-10-31 09:20]

Ping An Insurance Co said that its net profit rose faster in the third quarter to reach $337.46 million, marking a year-on-year increase of 20.66 percent.

ICBC's Q3 profits rise 14.9%

[2012-10-30 17:43]

Industrial and Commercial Bank of China said Tuesday that its third-quarter profits rose 14.9 percent year-on-year to reach 62.42 billion yuan.

Liquor maker Wuliangye sees robust Q3 profit growth

[2012-10-30 15:12]

Liquor producer Wuliangye Group recorded a net profit increase of nearly 90 percent in the third quarter, driven by price hikes and strong sales.

Baosteel's Q3 net profit down 5% to 1.18b yuan

[2012-10-30 15:09]

Baoshan Iron and Steel Co Ltd said on Tuesday its third-quarter net profit decreased 4.88 percent year-on-year to 1.18 billion yuan ($188 million).

China Telecom net profit dips 8% in Jan-Sept

[2012-10-30 10:49]

China Telecom reported a net profit drop of 8 percent in the first three quarters, largely due to heavy subsidies on smartphones such as Apple Inc's iPhone handsets.

BYD profits may slump 98% year-on-year

[2012-10-30 10:30]

BYD Co Ltd, China's battery and electric car maker, has warned that profits for 2012 are expected to be down as much as 98 percent over last year.

China CITIC Bank Q3 profit drops 14.66%

[2012-10-30 09:48]

China CITIC Bank, a mid-sized lender, said late Monday its net profit fell 14.66 percent year-on-year to 7.85 billion yuan ($1.25 billion) in the third quarter.

Profits decline for Chinese listed companies

[2012-10-29 16:51]

The volume of net profits of Chinese listed companies dropped 12.07 percent year-on-year in the first three quarters.

China Life net profit down 56% in Jan-Sept

[2012-10-29 15:56]

China Life Insurance Co Ltd said on Oct 27 its net profit decreased 55.6 percent year-on-year to 74.3 billion yuan ($12 billion) in the first three quarters of the year.

China Southern Airlines Q3 net profit drops 29%

[2012-10-29 09:48]

Chinese airline giant China Southern Airlines said on Sunday its net profit tumbled 29.25 percent year-on-year to stand at 2.22 billion yuan in the third quarter.

China Construction Bank net profit up 13.8%

[2012-10-29 09:45]

China Construction Bank said its net profit rose 13.8 percent year-on-year to 158.19 billion yuan ($25.1 billion) in the first three quarters of this year.

Sinopec net profit falls 9.38% in Q3

[2012-10-29 09:16]

China Petroleum and Chemical Corp said on Sunday that its net profits for the third quarter dropped 9.38 percent year-on-year to 18.33 billion yuan.

Chinese companies' profit rates decline Jan-Sept

[2012-10-27 16:16]

The rate of profit among Chinese companies declined in the first nine months of 2012, as the country's economic growth continued to slow.

Agricultural Bank of China net profit up 19.2%

[2012-10-27 10:39]

The Agricultural Bank of China said Friday its net profits totaled 120.12 billion yuan ($19.06 billion) in the first three quarters of this year, showing a 19.2 percent year-on-year rise.

China Everbright Bank profits surge 35%

[2012-10-27 09:20]

China Everbright Bank, a mid-sized lender, said Friday its net profits jumped 34.69 percent year on year to reach 19.06 billion yuan for the first three quarters.

Kweichow Moutai's Q3 profits surge 106%

[2012-10-26 15:57]

The net profits of Kweichow Moutai Co surged 106.05 percent year-on-year to reach 3.42 billion yuan ($543.41 million) in the third quarter of 2012.

Ping An, Huaxia banks' Q3 profits slow

[2012-10-26 14:07]

Ping An Bank Co Ltd and Huaxia Bank Co Ltd announced Friday that their net profits rose at a slower pace in the third quarter this year compared with the first half.

Cosco Pacific: Profit little changed due to slowdown

[2012-10-26 11:04]

Cosco Pacific Ltd, the container-terminal arm of China's largest shipping group, said third-quarter profit was little changed from a year earlier as a trade slowdown pinched cargo volumes.

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