net profit

New Business

Li Ning’s interim profit dips 11% amid tough competition in mainland’s sportswear market

Chinese sportswear and equipment maker Li Ning posted a drop in interim profit, as weak consumer sentiment weighed on spending…

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New Business

Bank of East Asia profits rise as wealth business offsets bad property loans in Hong Kong

Bank of East Asia (BEA), Hong Kong’s largest family-owned lender, beat expectations with 14 per cent growth in its first-half…

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New Business

CATL posts 34% profit growth, defying weak global EV demand and geopolitical uncertainties

The company’s net profit rose 34 per cent year on year to 16.5 billion yuan (US$2.3 billion) in the three…

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New Business

Lenovo reshuffles leadership amid AI-driven growth and DeepSeek adoption

Lenovo Group, the world’s largest maker of personal computers, has reshuffled its board and named a new chief financial officer…

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New Business

Standard Chartered announces record share buy-back after profits beat estimates

Standard Chartered, one of Hong Kong’s three currency issuers, announced a multibillion-dollar share buy-back programme amid a rise in pre-tax…

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