Huawei Technologies Revenue Jumps 40% in First Half 

Huawei Technologies Co. reported Monday that its revenue rose 40% in the first half of the year, but its operating margin shrank as it increased investment in its smartphone business. (published 0203 GMT)

 
 
Amax International: Temporary Closure of Macau Hotel Won't Have Material Financial Impact on Firm 

Amax International Holdings Ltd. said Monday that the temporary closure of Beijing Imperial Palace Hotel in Macau won't have any material financial impact on the Hong Kong-listed casino investor. (published 0139 GMT)

 
 
PacRay International Expects a Net Loss for 1H 

PacRay International Holdings Ltd., which designs integrated circuits and semiconductor parts in Taiwan and mainland China, said late Friday it expects to record a loss for the first-half, partly due to the fair value losses of its investments. (published 0114 GMT)

 
 
Sinopec Engineering Expects 1H Net Profit to Fall 30%-40% on Year 

Sinopec Engineering Co. Ltd. said late Friday it expects its first-half net profit to fall 30%-40% from a year earlier, as the global economic slowdown and low oil prices hurt business. (published 0056 GMT)

 
 
China Maple Leaf to Buy Singapore School Property for HK$388.3 Million 

China Maple Leaf Educational Systems Ltd., which operates international schools in China, said Monday it has agreed to buy a school property in Singapore for 388.3 million Hong Kong dollars . (published 0022 GMT)

 
 
Merry Garden Expects to Swing to Net Loss for 1H 

Merry Garden Holdings Ltd., which sells leisure household products and timber villas, said late Friday that it expects its first-half results to swing to a net loss partly due to weaker demand amid a sluggish global economy. (published 0036 GMT)

 
 
Colour Life Services Announces Change of CFO 

Colour Life Services Group Co., which provides property management services in China, said late Sunday Zhou Qinwei resigned as chief financial officer with effect from July 25 to take up his new post as chief strategy officer. (published 0007 GMT)

 
 
China Oilfield Services Expects 1H Results to Swing to Net Loss Around CNY8.4 Billion 

China Oilfield Services Ltd. said late Sunday it expects its first-half results to swing to a net loss of around 8.4 billion yuan, mainly due to a CNY7.1 billion impairment loss amid the low international crude oil prices. (published 0002 GMT)

(END) Dow Jones Newswires

July 24, 2016 23:01 ET (03:01 GMT)

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