Chinese telecom equipment maker Huawei Technologies said on March 31 that its profit nearly doubled last year on booming sales, operating efficiency improvements and exchange rate gains.
BEIJING, Aug. 21 -- China Mobile on August 20 reported its first drop in net profit since 1999 because of rising competition from rivals China Telecom and China Unicorn and its weak 3G performance.
China Petrochemical Corporation (Sinopec Corp.),a leading oil refiner, posted a net profit of RMB 70 billion US(?)9.63 billion)in 2007,Cai Xiyou,a senior executive of Sinopec Corp.,told the journalist on Thursday.