China CITIC Bank reports higher profits ...

BEIJING, March 27 (Xinhua) -- China CITIC Bank, one of the country's leading banks, saw its net profits rise 4.57 percent year on year in 2018. Net profits reached 44.51 billion yuan (about 6.63 bill

Economic Watch: China's industrial profi...

BEIJING, March 27 (Xinhua) -- China's major industrial firms reported falling profits in the January-February period, due to price and seasonal factors, but continued to see progress in structural up

Ping An Bank reports revenue, profit inc...

BEIJING, March 6 (Xinhua) -- Ping An Bank, a Shenzhen-listed lender controlled by Ping An Insurance, posted increases in both its revenue and net profits in 2018. The bank saw net profits rise 7 perc

Japan's corporate profits down for first...

TOKYO, March 1 (Xinhua) -- Japan's government statistics showed on Friday that the country's corporate profits in the fourth quarter of 2018 decreased for the first time in two and a half years, loca

German chemical giant BASF profits fall ...

BERLIN, Feb. 26 (Xinhua) -- German chemical giant BASF's net profits fell nearly 23 percent year on year to 4.7 billion euros (5.34 billion U.S. dollars) in 2018, while its turnover increased slightl

BYD net profits down 31 pct in 2018

BEIJING, Feb. 26 (Xinhua) -- China's leading new energy automaker BYD announced Tuesday that its net profits fell 31 percent year-on-year in 2018. Preliminary financial results for 2018 showed that n

China's Western Securities net profits d...

SHENZHEN, Feb. 25 (Xinhua) -- Western Securities CO., Ltd. Monday announced that its net profits fell 73.4 percent year on year in 2018 amid a sustained stock market gloom. The net profits attributab