HPH Trust posts losses in 2014

Singapore-listed port operator Hutchison Port Holding Trust (HPH Trust) posted a loss of HKD16 million (USD2.06 million) for the financial year ended 31 December 2014.
This represents a huge tumble compared with its HKD3 million profit in 2013, due to the recognition of one-off impairment loss.

China CSSC profits surge 350% in 1Q15

Shanghai-listed China CSSC Holdings has announced net profits of CNY124 million (USD20 million) for the first quarter of 2015.
This figure, announced 24 April, represents a jump of 349.9% from the previous year and more than the total CNY44.2 million net profit for the whole of 2014.
The company’s