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Tag Archives: Revenue

HK retailers revenue growth remain 7.5%, lowest in 4 years

fall

HONG KONG: Hong Kong retailers’ sales in January were the lowest since 2003 and revenue growth this year will likely be the slowest in at least four years, hit by a drop in visitors from the mainland who have been put off in part by rising hostility among Hong Kongers. Fifteen listed Hong Kong retailers with a market value of ... Read More »

Macau gambling revenue dips 49% to $2.4b in February

Venetian Macau casino

HONG KONG: Gambling revenue in Macau plunged a record 49 percent last month, as wealthy players shied away from China’s only legal casino hub amid an economic slowdown and a crackdown by Beijing on conspicuous spending. Revenue fell for the ninth consecutive month to 19.5 billion patacas, or $2.4 billion, in February, from 38 billion patacas a year earlier, according ... Read More »

Hong Kong’s C Cheng Holdings revenue swells 18% to HK$384.4 m in 2014  

revenue

HONG KONG: C Cheng Holdings Limited one of the leading comprehensive architectural service providers in Hong Kong and the PRC, announced its annual results for the year ended 31 December 2014. During the year, the Group recorded a strong growth with revenue surged 18.6% to approximately HK$384.4 million (2013: HK324.0 million); and profit soared 153.2% to approximately HK$28.3 million (2013: ... Read More »

Singapore’s ERP revenue falls to S$152m in 2014

erp

SINGAPORE: The Government collected S$152 million in Electronic Road Pricing (ERP) revenue last year, which is a dip from the S$160 million consistently collected in preceding years, said Transport Minister Lui Tuck Yew to Parliament here the other day. This was in response to questions from several MPs who wanted to know if ERP rates could be adjusted on certain ... Read More »

China’s Dongxiang revenue falls 10.7% to 1.262b yuan in 2014

china

BEIJING: China Dongxiang Group Co. Ltd. said full-year attributable profit surged to 915 million yuan from 210 million yuan in the previous year. Earnings per share were 16.61 cents, compared to 3.82 cents last year. Revenue declined 10.7 percent to 1.262 billion yuan from 1.414 billion yuan in the prior year. The company is principally engaged in brand development, design ... Read More »

China land-sale revenue dips 1.7% in Jan-Feb

fall

BEIJING: China’s central and local governments collected more than 2.57 trillion yuan over the first two months of this year, a 3.2 per cent increase on the amount collected in January and February 2014, according to data released by the Ministry of Finance here the other day. Part of the increase was due to the fact that some of the ... Read More »

Singapore services sector revenue hike 5.7% in Q4 2014

singapore

SINGAPORE: Business receipts of the services industries in Singapore grew by 5.7 per cent (non-seasonally adjusted) in Q4 2014 over the preceding quarter. This figure excludes wholesale & retail trade as well as accommodation & food services. On a year-on-year basis, overall business receipts rose 6 per cent. All services industries fared well in the quarter, except for education services ... Read More »

SL’s ICT export revenue to reach US $ 1 bn in 2015: Minister

ict

COLOMBO: Sri Lanka’s ICT exports are projected to top one billion US dollars this year while the sector has grown at 123 per cent in the last five years, Minister of Industry and Commerce said. “Sri Lanka has launched an ICT value survey to find the national hi-tech exports it achieved in 2013/14.” the minister said in a statement. “All ... Read More »

Macau gambling revenue dips 49% to $2.4b in February

Venetian Macau casino

HONG KONG: Gambling revenue in Macau plunged a record 49 percent last month, as wealthy players shied away from China’s only legal casino hub amid an economic slowdown and a crackdown by Beijing on conspicuous spending. Revenue fell for the ninth consecutive month to 19.5 billion patacas, or $2.4 billion, in February, from 38 billion patacas a year earlier, according ... Read More »

Hong Kong’s C Cheng Holdings revenue swells 18% to HK$384.4 m in 2014  

revenue

HONG KONG: C Cheng Holdings Limited one of the leading comprehensive architectural service providers in Hong Kong and the PRC, announced its annual results for the year ended 31 December 2014. During the year, the Group recorded a strong growth with revenue surged 18.6% to approximately HK$384.4 million (2013: HK324.0 million); and profit soared 153.2% to approximately HK$28.3 million (2013: ... Read More »

Singapore services sector revenue hike 5.7% in Q4 2014

singapore

SINGAPORE: Business receipts of the services industries in Singapore grew by 5.7 per cent (non-seasonally adjusted) in Q4 2014 over the preceding quarter. This figure excludes wholesale & retail trade as well as accommodation & food services. On a year-on-year basis, overall business receipts rose 6 per cent. All services industries fared well in the quarter, except for education services ... Read More »

Taiwan top foundries Q1 revenue to drop slightly by 1.5%

ic

TAIPEI: Combined revenue at Taiwan’s top three integrated circuit (IC) foundries will fall slightly in the first quarter of 2015 due to inventory adjustments by major clients, according to research firm Digitimes Research. It is estimated that combined revenue at Taiwan Semiconductor Manufacturing Company (TSMC), United Microelectronics Corp. (UMC) and Vanguard International Semiconductor Corp. (VIS) will reach US$8.49 billion in ... Read More »

Customers increase by 12%: Qatar’s Ooredoo revenue falls by 2% to QR33,207m in 2014

qatar

DOHA: Ooredoo announced here the other day that its number of customers increased by 12 percent to reach 107 million in 2014, driven by the Indonesian, Iraqi, Kuwaiti, Myanmar and Algerian markets. Group’s revenue for 2014 decreased by 2 percent to QR33,207m compared to QR33,851m in 2013.  Group EBITDA stood at QR12,948m against QR14,640m in 2013 with EBITDA margin decreased ... Read More »

BMW revenue jumps 5.7% to 80.40b in 2014

bmw

KUALA LUMPUR: Luxury car maker BMW says record sales in 2014 helped it post a solid 9.2 percent increase in full-year profit. The Munich-based maker of the 3-Series sedan and the X5 sport-utility vehicle saw net profit rise to 5.82 billion euros ($6.2 billion), with strong demand from China, Britain and the U.S. The company said it expects to increase ... Read More »

Hong Kong’s Haitong revenue jumps by 65% to HK$2.71b

hong kong

HONG KONG: Net profit of Haitong International Securities (0665) nearly doubled last year to HK$1.02 billion, driven by more listings and bond issuances. Deputy chairman Lin Yong said mainland brokers might be granted a banking license in the future if the regulator allows lenders to get brokerage licenses. It would allow brokers to tap into higher- end wealth management business ... Read More »

Hong Kong’s Haitong revenue jumps by 65% to HK$2.71b

hong kong

HONG KONG: Net profit of Haitong International Securities (0665) nearly doubled last year to HK$1.02 billion, driven by more listings and bond issuances. Deputy chairman Lin Yong said mainland brokers might be granted a banking license in the future if the regulator allows lenders to get brokerage licenses. It would allow brokers to tap into higher- end wealth management business ... Read More »

Sri Lanka eyes $2.5b tourism revenue in 2015

sri lanka

COLOMBO: Sri Lanka will be targeting record US$ 2.5 billion revenue from the tourism sector in 2015. Sri Lanka Tourism Development Authority Chairman, Paddy Withana speaking at the 49th edition of the ITB’s well attended and professionally handled press conference said that this figure was at US $ 1.7 billion last year. “Put together with the informal sector earrings from ... Read More »

Sri Lanka eyes $2.5b tourism revenue in 2015

sri lanka

COLOMBO: Sri Lanka will be targeting record US$ 2.5 billion revenue from the tourism sector in 2015. Sri Lanka Tourism Development Authority Chairman, Paddy Withana speaking at the 49th edition of the ITB’s well attended and professionally handled press conference said that this figure was at US $ 1.7 billion last year. “Put together with the informal sector earrings from ... Read More »

Hong Kong IRD still accepts air value taxable profits

hong kong

HONG KONG: Hong Kong’s Inland Revenue Department (IRD) has stated that financial statements prepared on a fair value basis in 2014/15 profits tax returns will be accepted, as it has yet to conclude a review on the impact of the Court of Final Appeal’s (CFA’s) ruling in Nice Cheer Investment Limited v Commissioner of Inland Revenue (FACV 23/2012). Last year, ... Read More »

Australian video playoffs revenue increases by 20% year-on-year to $2.46b

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CANBERRA: Ron Curry, IGEA CEO has said that Australian video games revenue is up over 20% year-on-year to $2.46-billion. The figure comes from market data research by NPD Group and Telsyte, with the two firms responsible for tracking physical and digital sales respectively. Boxed unit sales were up 7% on 2013, emassing $1.214-billion, with digital sales jumping 39% to $1.248-billion. ... Read More »