Green Dragon Gas reports significant growth as China’s thirst for energy continues
China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today.
In the company's interim results, Green Dragon told investors that it remains on-track to meet its ‘aggressive targets' in 2010, after it increased gross profit by 44% in the first six months. The Chinese CBM (Coal Bed Methane) gas producer increased revenues by 15% to US$21.5m.
Prosperity Minerals completes acquisition of 25% stake in Liaoning Changqing Cement
China-focused iron ore trading business and real estate investor Prosperity Minerals Holdings (LON:PMHL) has received all the necessary approvals for the acquisition of a 25% interest in Liaoning Changqing Cement and the deal was completed today.
Funtalk China Increases Q1 Profits By 133% Through Acquisitions
Funtalk China Holdings (“Funtalk”)(Nasdaq: FTLK), a China-based retailer and wholesale distributor of mobile phones and other wireless devices, announced for the first quarter of 2010 the company recorded profits of $9.6 million, or $0.19 per diluted share, on revenues of $253 million. The results represented a year-on-year increase in profits and revenues of 133% and 28%, respectively, driven primarily by growth from the company’s retail segment.
Market reports
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Energy | 2010-09-01
Cash flows commence in China and Nigeria for Camac Energy
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Steel | 2010-09-01
China Gerui Advanced Materials grows second quarter profits by 6%
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Pharmaceuticals & healthcare | 2010-08-31
China Pharmaceuticals second quarter net income jumps 208%
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Food and beverage | 2010-08-31
Sino Green Land second quarter net sales climb 37% as new initiatives take hold
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Gold | 2010-08-31
China Gold International acquires polymetallic mine in Tibet from largest shareholder
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Manufacturing | 2010-08-27
Specialist Energy Group announces new contract in China.
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Coal | 2010-08-27
Prophecy Resources` mine preparation for Ulaan Ovoo project on track
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Energy | 2010-08-27
Icon Energy grants China LNG sales agreement extension
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Energy | 2010-08-20
CNOOC production rises 40% in first half, net profits jumps 109%
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Healthcare | 2010-08-19
Concord Medical posts 38% Q2 revenue growth on addition of new centres
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Consumer | 2010-08-19
Apparel Designer VLOV Posts 27% Sales Growth For the Second Quarter
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Cleantech | 2010-08-19
Sancon Resources Recovery revenues rise 12%
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Manufacturing | 2010-08-18
Keyuan Petrochemicals reports rise in revenues, but drop in profits
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Consumer electronics | 2010-08-18
Heli Electronics shares jump 26% on 226% growth in revenue and profits
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Manufacturing | 2010-08-18
China TMK Battery Systems sees 29% second quarter profit growth
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Automobile | 2010-08-16
China Auto Logistics second quarter revenues climb 21.5%
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Agriculture | 2010-08-14
Asia Bio-Chem achieves 144% Q2 revenue growth as new Daqing plant improves capacity
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Lighting | 2010-08-14
China Intelligent Lighting`s Q2 revenues grow 34%
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Copper | 2010-08-10
Exco Resources lands funding for Copper Gold Projects in Queensland
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Mining | 2010-08-10
Diatreme Resources looks to China for investment in Cyclone zircon project
Featured companies
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Moly Mines | 2009-10-20
Moly Mines shares spike on news of major strategic Chinese investor -
China Wonder Limited | 2009-10-15
China Wonder: re-equipping China's beaten manufacturing industry -
China Real Estate Opportunities SA | 2009-10-09
London's only play on commercial real estate in China -
London Mining | 2009-09-04
London Mining heads for London town -
Arafura Resources | 2009-08-21
Arufa well-placed to take advantage of China's tightening of rare earths supply -
Rio Tinto | 2009-08-21
Rio first half profits fall 65pct, in-line with expectations -
Prosperity Minerals | 2009-08-05
Audio interview: Director Sandy Chim talks to Proactive Investors about iron ore, cement and China -
NF Energy | 2009-07-29
An introduction to NF Energy -
Teck Cominco | 2009-07-06
China Investment Corporation To Acquire 17.5pct Of Teck Cominco Class B Subordinate Voting Shares -
Tesco | 2009-06-23
International aisle boosts Tesco -
Sino-Forest Corporation | 2009-06-19
Toronto listed China forestry play set to benefit from Jiangxi deals -
Prosperity Minerals | 2009-06-14
Prosperity to increase capacity to 31m tons by next year -
Minmetals | 2009-06-12
Minmetals lifts Oz Minerals bid by 15pct to seal takeover -
Rio Tinto | 2009-06-10
Rio BHP deal highlights strategic importance of seaborne iron ore -
Green Dragon Gas | 2009-06-06
Wait-and-see for Green Dragon Gas as analysts predict 50pct-a-year growth -
China Energy Recovery | 2009-05-16
Making Chinese industry more efficient -
European Nickel | 2009-05-16
Heap leaching of laterites – have European Nickel found the Holy Grail? -
BHP Billiton | 2009-05-09
BHP's high production in weak demand puts pressure on higher-cost producers -
Petro Matad Limited | 2009-04-28
Doug McGay talks at Asian Advance Summit in Shanghai -
Ferrexpo | 2009-04-22
London’s only pure play on the iron ore market
China stock news
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West China Cement`s Hong Kong IPO values company at US$895 million
2010-08-21 -
Prosperity Minerals receives final payment from disposal of cement business
2010-08-21 -
Yingli Green Energy to second quarter profit
2010-08-20 -
Lihua International secures first customer contract for copper anode product with major Chinese copper and metal conglomerate
2010-08-17 -
China Recycling Energy`s profits up 56% on multi-million dollar biomass contract
2010-08-17 -
Biostar Pharmaceuticals' Q2 revenues grow 46% as sales of flagship Hep B drug increase
2010-08-17 -
Wuhan General Group revenues climb robustly, but margins suffer
2010-08-16 -
China Wind Systems firms after second quarter net revenue climbs nearly 40%
2010-08-16 -
SinoHub’s Q2 revenues grow 40%; re-affirms guidance of $180m for 2010 revenues
2010-08-13 -
Prosperity Minerals to pay £70.1m for Guangzhou properties
2010-07-30 -
London Mining enters iron ore JV in Chile
2010-07-30 -
Sinobiopharma signs distribution contracts for flagship product
2010-07-06 -
Prosperity Minerals revenues hit US$849 million in FY09
2010-07-06 -
Sino-Forest ups holding in Omnicorp to majority stake
2010-06-23 -
China Shoto issues profit warning due to lower domestic demand for back-up batteries
2010-06-22

