Ansteel to double production capacity by 2020
2010-03-31 13:35:48
The production capacity of Anshan Iron and Steel Group Corp (Ansteel Group) is expected to double in a decade after renovation and expansion programs, Xinhuanet.com reported Wednesday.
China Fiberglass reports 300m yuan loss last year
2010-03-31 13:12:10
China Fiberglass Co, Ltd, a State-owned fiberglass producer based in Beijing, reported Wednesday a loss in 2009.
Chemicals producer Yuntianhua reports huge profit loss
2010-03-31 11:04:56
Yunnan Yuntianhua Co, Ltd, a chemical fertilizer and fiberglass producer in Southwest China's Yunnan province, Tuesday reported a huge profit drop last year.
Country Garden blooms on record 2009 lending
2010-03-31 11:02:05
HONG KONG - Country Garden Holdings Co, the property developer controlled by China's second-richest woman, said full-year profit rose as record lending in the country fueled home sales and price gains.
Geely set to inject $900m into Volvo
2010-03-31 00:47:35
Chinese auto maker Zhejiang Geely Holding Group is ready to inject $900 million operating capital into Volvo on top of the $1.8 billion purchase price, Geely chairman Li Shufu said Tuesday.
Geely could find Volvo a tough nut to crack
Geely eyes China market to revive Volvo brand
Geely-Volvo deal financing totals $2.7b
Textile company Zhejiang Furun's 2009 profit jumps 900%
2010-03-30 16:16:31
Zhejiang Furun Co Ltd, a silk spinning and weaving company based in East China's Zhejiang province, said Tuesday its 2009 profit jumped over 900 percent on a used army uniform recycling project and a machinery upgrade.
Eli Lilly to launch 15 new products in China in 5 yrs
2010-03-30 16:09:10
US drug maker Eli Lilly plans to launch 15 new products in China in the next five years, chief executive John Lechleiter said on Tuesday, while urging China to be more vigilant on intellectual property rights.
Offshore Oil Engineering 2009 profit down 11.5%
2010-03-30 15:25:59
Offshore Oil Engineering Co Ltd, an offshore oil project construction company affiliated with State-owned China National Offshore Oil Corporation, said Tuesday its 2009 profit dropped 11.5 percent even as its revenues rose.
China Valves posts Q4 profit, sales up
2010-03-30 15:15:55
China Valves Technology Inc swung to a profit in its fourth quarter as sales grew and the company produced more in its expanded Kaifeng facility.
Shares of Xinjiang Ba Yi Iron & Steel rise on surging profit
2010-03-30 14:28:18
Shares of Xinjiang Ba Yi Iron & Steel Co, Ltd rose 1.43 percent to 14.2 yuan ($2.08) at midday on its announcement of surging profits in 2009.
Ship builder CSSC net profit down 40% in 2009
2010-03-30 10:35:50
China State Shipbuilding Co (CSSC) Holdings Ltd, the country's leading ship builder, announced Monday that net profits in 2009 shrank by 39.88 percent due to declining orders and prices hit by the global economic slowdown.
Chalco sees rosy 2010 after rough year
2010-03-30 09:38:40
Aluminum Corp of China Ltd (Chalco), the largest producer of the metal in China, has moved into the black in the first two months of this year after posting a loss in 2009, buoyed by price hikes for the metal and effective cost-cutting measures.
Chalco reports losses in 2009 on low product prices