Hong Kong Exchanges and Clearing revenue flat in third quarter
Hong Kong Exchanges and Clearing Ltd. (0388.HK), operator of the Hong Kong Stock Exchange, said on Friday its revenue and profit were basically unchanged year-on-year in the third quarter, as…
Hua Hong Grace’s profit leaps on rising shipments, prices
Wafer foundry Hua Hong Grace Semiconductor Ltd. (1347.HK; 688347.SH) reported on Thursday that its revenue rose 19.9% year-on-year to a record $987.1 million in the third quarter. Its profit increased…
Ecarx loss widens on soaring memory prices
Digital cockpit maker Ecarx Holdings Inc. (ECX.US) on Wednesday reported its revenue rose 10% year-on-year to $241 million in the third quarter, but its loss widened considerably due to rising…
Café de Coral’s profit doubles as store overhaul pays off
Hong Kong fast-food leader Café de Coral Holdings Ltd. (0341.HK) on Wednesday forecast it would post a profit of HK$95.8 million to HK$105.2 million ($15.75 million) for the six months…
Industry tailspin sends Autohome’s profit, revenue into reverse
Auto trading services provider Autohome Inc. (2518.HK; ATHM.US) on Wednesday reported its revenue dropped 26% year-over-year to 1.32 billion yuan ($196 million) in the third quarter, while its profit dived 53% to…
Direct Drive forms partnership with South Korea’s Everybot
Robotics technology company Direct Drive Tech Ltd. (6731.HK) said on Tuesday that it has formed a strategic partnership with South Korean robotic mop maker Everybot Inc. (270660.KS) to jointly develop…