The Business Times
business-time-50
SUBSCRIBERS

China gloom outweighs overseas sales pick-up at Yongmao

google-preferred-sourceAdd BT as a preferred source
Published Wed, Nov 12, 2014 · 09:50 PM
Yongmao Holdings

Singapore

OVERSEAS growth was not enough to stem a sharp slide in the domestic Chinese market of crane-maker Yongmao Holdings.

The company reported a net profit of 12.4 million yuan (S$2.6 million) for its second quarter ended Sept 30, 2014, down 16.3 per cent from 14.9 million yuan a year ago.

yongmao

TRENDING NOW

Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

Maritime vessels off Singapore's waters. The war on Iran, which has disrupted global supply chains, entered its 100th day on Jun 6.

In a world of long-drawn crises, ‘wait and see’ may be a decreasingly tenable stance

Trading under the symbol SPCX, SpaceX has picked a handful of brokerage firms to distribute shares in the IPO to retail customers in the US.

SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares

DeepSeek’s rapid global rise proves that elite Chinese AI talents do not have to work for American companies to achieve massive success.

The returnees: Inside China’s AI talent reversal

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More