| Hong Kong Earnings Archive: |
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Stan Chart Earnings Up 25%
Feb 28, 1:51 PM EST |
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| Standard Chartered reported its full year 2007 earnings per share increase of 16% to 197.6 cents on earnings rise of 25% to $2.8 billion. |
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| Standard Chartered reported 2007 operating income rose 28% to $11.06 billion and profit attributable to shareholders increased 25% to $4.05 billion. The bank benefited from the rising wealth in China, India, and Middle Eastern region. The bank generated $2 billion of income and $1 billion of profit in Hong Kong and for the first saw operating income in India rise above $1 billion. In September the bank raised $2 billion. |
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Baidu's Quarterly Profit Surges 79%
Feb 15, 1:00 PM EST |
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| Quarterly profit rocketed led by increased revenues that were generated from online marketing customers. |
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| China''s leading Internet search engine added that online marketing revenues in the quarter increased 111.2% from a year earlier. For fiscal 2007, net profit jumped 108% from a year ago to 629 million yuan while revenues jumped 110% to 1.74 billion yuan. Baidu expects first-quarter revenue to increase 93% to 99% from a year earlier. |
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