Cathay International swings to H1 profit after devalution of renminbi
31st Aug 2016 17:02
(ShareCast News) - Chinese healthcare investor Cathay International Holdings swung to a half year profit as operational recovery gathered pace, particularly in its pharmaceutical subsidiary, from the devaluation of the renminbi. For interim results for the six months ended 30 June, gross profit incr
Read moreCathay International Holdings swings to loss due to pricing pressure
28th Aug 2015 15:30
(ShareCast News) - Healthcare business Cathay International swung to a first-half loss due to challenging pricing conditions. Shares in the Hong Kong based company fell on Friday, shedding 14.61%to 19p by 1542 BST. Cathay posted a loss of $1.256m in the first half of 2015, from a pre-tax profit of
Read moreCathay International appoints new chairman
5th Jun 2015 13:59
Cathay International Holdings, a healthcare sector investor based in China, has appointed Wu Zhen Tao as its new chairman. Wu, who has been part of the the company as executive director and chairman of its executive and remuneration committee, will replace Sum Soon Lim following his retirement. The
Read moreMonday broker round-up UPDATE
19th Nov 2012 07:34
Aquarius Platinum: Nomura raises target price from 35p to 95p and upgrades from neutral to buy. Associated British Foods; Societe Generale upgrades to buy from hold. Atkins: Jefferies reduces target price from 850p to 800p, buy recommendation reiterated. Aveva: Panmure Gordon reduces target price
Read moreSmall caps round-up: CLS, Hardy, Cathay...
18th Nov 2009 13:04
Property investment group CLS Holdings said its underlying profit continues to be resilient, with stable net rental income, high debt collection rates, and tightly controlled costs. 'With significant resources at its disposal the company is well placed to take advantage of investment opportunities
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