Hong Kong companies
CK Hutchison posts 10% profit growth in 2022
CK Hutchison posts 10% profit growth in 2022
Its profit attributable to ordinary shareholders stood at HK$36.6b.
CK Hutchison profit climbs 4% in H1 2022
Its profit stood at $19.08b.
Towngas profit up over 57% to $4.2b in H1
This was driven by the economic recovery in Mainland China.
Sun Hung Kai & Co. profit surges by 287% to $2.7b
This is thanks to significant gains in investment management amongst others.
Towngas profit climbs 34% to $778m
It saw a sharp increase in demand as the COVID-19 situation was taken under control in China.
Techtronic Industries profit climbs over 57% to US$524m in H1
The group also recorded “exceptional” sales growth of 52%.
SFC introduces new regimes in investor identification, transaction reporting
The new regimes are expected to be launched in H2 2022 and H1 2023.
Vitasoy sees up to 107% profit drop over reduced demand
It estimated its performance to range between $50m loss and $60m profit.
Business receipts up nearly 10% ending eight quarters of decline
This is thanks to the contained epidemic situation, as well as Hong Kong’s economic recovery.
Budweiser APAC profit soars to $518m in H1
This is up from $196m in 2020.
ASM Pacific profit soars 261% to $1.2b in H1
The Group’s revenue also rose 41.5% to $1.2b over the same period.
New Century REIT suffers US$2.5m in H1
The company recorded a US$1.07m loss in the same period last year.
HK hits back at US 'unfounded' national security law claims
The US has been critical of the law which, it deemed, had undermined Hong Kong’s autonomy.
Swire Properties, Jing’an partner to revitalise Shanghai district
The Zhangyuan district in the city will be turned into an international cultural and commercial landmark.
More Hong Kong businesses optimistic for Q3: Survey
Around 17% expect the situation to improve against 11% that expect otherwise.
HK-based US businesses to suffer in recent Biden admin advisory
Hong Kong asserted the National Security Law reinforced its position as a financial and business hub.
Johnson Electric’s sales climb 70% to US$877m in Q1
This is higher than US$517m in the same period last year.
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