SHENZHEN, China, Aug 29 (Reuters) – Chinese technology giant Huawei (HWT.UL) reported strong growth in revenue and net profit in the first half of the year on Thursday. Smartphone sales were robust and business with components for smart cars was also doing well despite U.S. sanctions. Net profit rose 18% to 54.9 billion yuan ($7.7 […]
August 29 (Reuters) – British energy services company Hunting Plc (HTG.L)opens new tab The company on Thursday reported a 23% jump in first-half profit, boosted by a strong backlog in its oil and subsea portfolios, but maintained its full-year profit forecast. The company’s shares fell as much as 7.7% in morning trade before recouping some […]
Aug 27 (Reuters) – The electric vehicle division of troubled property developer China Evergrande (3333.HK)opens new tab announced on Tuesday that it expected a higher loss for the first half of 2024 due to an increase in provisions for impairment. China Evergrande New Vehicle (0708.HK)opens new tab estimated its consolidated net loss for the six […]
