Chinese shipbuilder profits surge
Chinese shipbuilder
Beijing - XINHUA
China CSSC Holding Ltd., a leading shipbuilder, posted stellar year-on-year profit growth on Saturday for the first quarter (Q1) of this year.
The company's net profits soared by nearly 350 percent in the Jan.-March period to 124 million yuan (around 20 million U.S. dollars), said its latest report filed with the Shanghai Stock Exchange.
Its turnover increased 13.32 percent to 6.7 billion yuan.
In a previous report, CSSC planned to boost its revenue to 33.7 billion yuan in 2015 and predicted more than half of the revenue will come from shipbuilding and repairs.
On the stock market, the company remained on a rising streak as it was reported to be mulling a merger with another shipbuilder, China Shipping Industry Co., after the two exchanged executives, although the companies denied such plans.
The company's shares rose slightly on Friday to finish at 54.63 yuan per share.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 03:30 2014 Thursday ,30 October
SodaStream to close controversial West Bank plant
GMT 08:25 2017 Monday ,06 February
Bayern Munich winger Douglas Costa reveals China interest
GMT 14:56 2017 Thursday ,28 September
Canada blasts Boeing, warns US jobs at stake
GMT 19:40 2018 Saturday ,20 January
IS poses threat to Iraq one month after 'liberation'GMT 10:22 2012 Friday ,10 August
Mahrazyah Obeidi receives threats
GMT 19:58 2017 Sunday ,19 February
Egyptian FM heads for Tunisia to attend Libya neighbors meetingGMT 17:59 2012 Friday ,07 September
3 killed in Libya clashes over shrine
GMT 23:35 2017 Sunday ,12 November
US-Saudi warplanes hit Hodeida
GMT 05:46 2016 Monday ,24 October
STC, SAP partner to empower public sector, SME scalability
GMT 02:29 2017 Saturday ,30 September
Saudi Arabia to arrest man for threatening to burn women's cars
GMT 09:41 2017 Tuesday ,12 December
Saudi Arabia’s Anti-Corruption Commission Expects 8,000 complaintsGMT 00:55 2012 Thursday ,26 July
Jerusalem Fest looks to Italy
GMT 21:23 2016 Thursday ,22 September
Diplomat hopes 4 million Russian tourists to return to Egypt in OctoberGMT 12:41 2011 Tuesday ,21 June
India state leader cries foul over rape outrage
GMT 13:01 2014 Saturday ,03 May
350 dead, hundreds missing in north Afghanistan landslide
GMT 06:37 2014 Wednesday ,21 May
\'Guardians of the Galaxy\' debuts new trailer
GMT 01:56 2017 Saturday ,27 May
CDD responds to 231 various incidents
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor