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Chow Tai Fook Books 108% Jump in Profits Improved consumer sentiment, concessions on rental and foreign exchange gains have had a direct impact on Chow Tai Fook's sales By: Diamond World News Service | | Reference: 25645   Chow Tai Fook reports the highest annual profit since 2014. Earlier this week, it said that the net profit surged to HK$6.03 billion ($777 million) from HK$2.9 billion in fiscal 2020. That compared to a forecast ...

Hong Kong-listed Chow Tai Fook Jewellery Group Ltd reported a forecast-beating 108% jump in annual profit on Tuesday, thanks to one-off COVID-19 relat

SK Innovation says refining margins to gradually improve in Q2 5/13/2021  SK Innovation Co Ltd, the owner of South Korea's top refiner SK Energy, said refining margins were likely to gradually improve in the second quarter due to recovering demand as the impact of COVID-19 eases. The company posted an operating profit of 503 billion won ($444.88 million) in the January-March quarter, compared with an operating loss of 1.8 trillion won in the same period a year earlier. Revenue declined 16% to 9.2 trillion won from a year earlier. That compares with the 9.9 trillion won forecast of analysts i...

Japan automakers ready to report profit drop Carmakers worldwide had to adjust or suspend production due to chip shortage Reuters May 11, 2021 TOKYO: While Japan’s biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production. Automakers worldwide have had to adjust or suspend production in the past few months as factors including a surge in demand for electronic devices plus US sanctions against Chinese technology...

Chip shortage in focus as Japan automakers ready to report profit drop Toggle share menu Advertisement Chip shortage in focus as Japan automakers ready to report profit drop FILE PHOTO: The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China, April 19, 2021. REUTERS/Aly Song 10 May 2021 11:45AM (Updated: 10 May 2021 12:38PM) Share this content Bookmark TOKYO: While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any...