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RwandAir cuts salaries to reduce expenditure amid COVID-19 pandemic
Rwanda's national flag carrier RwandAir on Sunday said it had resolved to reduce employees' salaries as part of measures to reduce expenditure.
Bright Dairy net profit up 45.8 pct in 2019
Bright Dairy, a Shanghai-based major dairy food maker, reported year-on-year net profit growth of 45.8 percent in 2019.
Great Wall Motor posts profit decline in 2019
Chinese carmaker Great Wall Motor said its net profit fell 13.6 percent year on year in 2019 as the world's largest auto market slowed.
China strengthens crackdown on financial fraud of listed firms
Chinese securities regulator has launched investigations into 22 listed companies for financial fraud since last year.
China's ZTE sees profit decline in Q1
Chinese telecom equipment maker ZTE saw net profit fall 9.58 percent year on year to 780 million yuan in the first quarter of 2020.
Chinese online education platform Skillful Craftsman seeks U.S. IPO
Skillful Craftsman Education Technology has filed for an initial public offering on the U.S. stock market.
China heavy equipment maker Sany profit surges 83 pct in 2019
China's leading heavy equipment manufacturer Sany Heavy Industry Co., Ltd. said its net profit rose 83.2 percent year on year in 2019.
China top pig producer's profits more than triple in 2019
China's top pig and poultry producer Wens Foodstuff Group Co. said Friday that its net profits more than tripled in 2019.
S.Korea's POSCO posts double-digit fall in Q1 profit
POSCO, South Korea's biggest steelmaker, posted a double-digit fall in the first-quarter profit on the economic fallout from the COVID-19 outbreak.
Volkswagen restarts production in Germany after coronavirus shutdown
After around five weeks of shutdown due to the coronavirus crisis, Volkswagen restarted production in two of its plants on Thursday.
Courier giant SF Holding reports 40 pct revenue growth in Q1
China's express delivery giant SF Holding reported revenue growth but net profit decline in the first quarter of 2020 amid the COVID-19 epidemic.
Earnings of German carmaker Daimler plummets by nearly 80 pct in Q1
Group EBIT of Daimler plummeted by almost 80 percent year-on-year to 617 million euros in the first quarter (Q1) of 2020.
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Feature: Tourism rejuvenates old Silk Road town
