MOP 6.00 Publisher: Paulo A. Azevedo Number 508 Tuesday April 1, 2014 Year II
Airport revenues take off
The amount might not seem much to most airports but the net profit of 190 million patacas that Macau International Airport Co. Ltd (CAM) pulled in last year represents a massive 184 percent increase compared to 2012. And 2013 was only the second time numbers were in the black since CAM was established, in 1989 Page
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Centaline expand business, target 30% market share Page 5
Jockey Club improves in 2013 but still not enough Page 12
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Casino operator SJM jumped 9.2 percent in net profit, issuing final dividends of 5.5 billion patacas. The company might increase leverage to fund its Cotai project but the chairman of the board reassures all that there’s no financial pressure Page 12
%Day
New World Develop
3.72
Henderson Land Dev
2.84
China Resources Po
2.75
Sino Land Co Ltd
2.33
Galaxy Entertainm
2.27
COSCO Pacific Ltd
-0.80
China Mengniu Dair
-1.15
Wharf Holdings Ltd
-1.20
Li & Fung Ltd
-1.88
CNOOC Ltd
-5.36
Source: Bloomberg
I SSN 2226-8294
Hot property market HK requests name Profits up in smoke and shame for IPO The number of homes sold in February fell sharply but prices are going through the roof. NAPE and Nam Van Lake are the most expensive places for unfinished flats.
Companies willing to apply for IPOs in Hong Kong markets will have to comply with a new set of measures to prevent fraud and foster prestige.
Exclusive natural gas importer Sinosky continues to lose money. The company’s results showed a loss of almost 28 million patacas last year. Since it was founded losses have hit nearly 150 million patacas
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