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China Eastern profit falls 25%

2014-03-27 04:34:28| BBC News | Business | UK Edition

China Eastern Airlines suffers a 25% fall in full year net profit due to weak demand in results that reflect competitive pressures in China's aviation industry.

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China Eastern Airlines 2013 Net Profit Down 25%

2014-03-26 15:23:00| Airlines - Topix.net

The Chinese carrier, which operates out of the Shanghai financial hub, said in a statement Wednesday its net profit for the 12 months ended Dec. 31, 2013, was 2.38 billion Chinese yuan , according to Chinese accounting standards, down from a net profit of 3.17 billion yuan a year earlier.

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China oil giants enjoy profit rises

2014-03-24 13:48:51| Oil & Gas - Topix.net

China's major onshore oil firms Sinopec and PetroChina said profits rose in 2013, despite weakness in the world's second largest economy.

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China Mobile fourth-quarter profit falls 5.9 percent, misses estimates

2014-03-20 14:14:46| Telecom - Topix.net

China Mobile Ltd, the world's largest mobile carrier by subscribers, saw fourth quarter profit shrink 16 percent year-on-year, missing analyst estimates and contributing to its first annual profit decline in 14 years.

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China Mobile Profit Hit by Competition, 4G Costs

2014-03-20 10:05:04| Telecom - Topix.net

China Mobile Ltd., the world's biggest phone company by subscribers, says its profit last year fell 5.9 percent due to higher spending and intense competition.

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