China Ocean Shipping (Group) Co, the country's largest maritime transportation company, swung back to the black in 2013, helped by port business, asset sales and China’s surging demand for more foreign goods and commodities.
China Ocean Shipping (Group) Co swung back to the black in 2013, helped by asset sales and the new development of its e-commerce platform for the shipping business.
Chinese industrial businesses saw their profits rise 9.4% year on year in the first two months of 2014, official data showed on Thursday.
China life Insurance Co Ltd , the country's largest life insurer, announced that its net profit in 2013 surged 123.9 percent year on year to 24.765 billion yuan.
Tingyi Cayman Islands Holding Corp, China's largest food and beverage maker by sales, saw annual 2013 net profit fall 10.9%, missing forecasts.
China Petroleum and Chemical Corporation (Sinopec), the country's largest oil refiner, announced Sunday its net profits rose 3.5% year on year in 2013.
China Mobile Ltd, the world's largest mobile carrier by subscribers, will spend more this year to bolster its 4G mobile network to counter its first annual profit drop in 14 years.
China's private automotive and battery manufacturer BYD announced on Wednesday in a financial statement that it earned 52.9 billion yuan ($8.5 billion) in sales in 2013.
Ping An Bank, the banking business of the world's second-largest insurer by market capitalization, reported net profit for 2013 was up by 13.64%.
Sales for the adidas Group in China grew 7 percent in 2013, according to its annual financial results.
Aluminum Corp of China has turned back into the black, with its 2013 earnings report showing the company made a profit of 173 billion yuan ($28 billion) last year, up 16% year-on-year.
Baidu, which announced its unaudited financial results for the fourth quarter late on Wednesday, said 20% of revenue in Q4 came via mobile, up from 10% in Q2.
Italy's Ferrari posted a 5 percent rise in 2013 revenue to a record 2.3 billion euros ($3.15 billion).
Bentley opened 12 showrooms in the country in just four months in 2013. Total new showrooms around the world in the same period were only 14.
China's commercial lenders posted 1.42 trillion yuan ($232.79 billion) in net profits in 2013, up 14.5 percent from a year earlier, the China Banking Regulatory Commission said on Friday.
General Motors Co and its Chinese joint ventures sold 348,061 vehicles in China in January, a 12 percent increase from a year earlier.
Chrysler Group LLC, which is owned by Fiat SpA, on Wednesday said its revenue would rise 11 percent to about $80 billion in 2014.
The Japanese carmaker sales rose two percent to 9.98 million and beat out US rivals General Motors Co and German Volkswagen AG for the second year.
Lenovo Group Ltd, the world's biggest personal computer maker, will buy IBM Corp's x86 server unit for $2.3 billion, Lenovo said on Thursday.
Toyota has lost its passenger-car crown in Thailand to arch-rival Honda for the first time in history, finishing about 3,000 units behind.
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