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China Minzhong profit up 77.9%

The company cited better product mix, improved yield from maturing farmland, and higher operating efficiency as the drivers.

Thai Beverage profit up 21.7%

It would have been higher if not for the loss from the company’s beer business.

Thailand floods to take its toll on worldwide PC shipments through H1 2012

Techies might need to brace for significant hard disk drive shortages by mid-November 2011 that will continue into 1Q 2012.

Authorities release China COSCO ship impounded in Singapore

Following a financial dispute with a client, a China COSCO dry bulk vessel was returned after almost a week.

CapitaLand sells entire stake in Beijing firm

Beijing Red Diamond Science & Technology Development has ceased to be an associated company of CapitaLand.

SATS profit down 11.3% to $40.1m in the second quarter

There were lower cargo volumes handled by SATS’ gateway services associates in Hong Kong and Vietnam.

CEO resignation unrelated to quarterly loss, says Noble Group founder

Richard Elman, now acting chief executive, said Ricardo Leiman’s departure was planned for some time.

Genting’s profit climbs 6% to S$375.3m in 3Q11

The group recorded a 10% increase in revenue, mostly contributed by Resorts World Sentosa.

Yoma posts first half profit at S$2.55m

Revenue for 2QFY2012 rose 505.0% from S$1.20 million in 2QFY2011 due to strong sales of housing and land development rights in Myanmar. 

Yongnam third quarter profit up 23.3% to S$16.8m

The company obtains a strong order book of S$480mn as at Sept 30, 2011.

Qingmei’s first quarter profit up 12.7% TO RMB80.5m

Revenue rises 20.1% to RMB364.9mn while gross profit margin improves 1.5 percentage points to 30.5% on cost savings due to economies of scale.

Nam Cheong third quarter profit up 8% to S$19.2mn

Revenue jumps 45% from S$71.2mn to S$103.1mn with strong order book of S$261mn.

Asia Pacific Breweries profit up 30% to S$ 341.7mn

Group Revenue advanced 18% to almost S$3bn due to robust sales in markets such as Vietnam, Papua New Guinea and Sri Lanka.

Koh Brothers third quarter profit up to S$13.1mn

Revenue climbs 35% to S$117.7mn while gross profit margin improves by 6.6 percentage points.

Keppel Land to sell 87.51% interest in Ocean Properties

The stake will be sold to K-REIT Asia for approximately S$1.6b.

Yanlord Land profit down 99%

It’s a far cry from the 535 million yuan profit for the third quarter in 2010.