News: China Resources Enterprise Ltd (CRHKY.PK)

CRHKY.PK on OTC Markets Group

5.52USD
11 Jul 2014
Price Change (% chg)

$-0.03 (-0.54%)
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$5.55
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Mon, May 26 2014

Retail conglomerate China Resources Enterprise's Q1 profit slides 31 pct

HONG KONG, May 26 - Retail conglomerate China Resources Enterprise (CRE) said on Monday its first-quarter net profit fell 30.5 percent, hit by competition from e-commerce and a softer Chinese economy.

China Resources Enterprise leans on Tesco as profit slumps to nine-year low

(Corrects story from March 20 to fix company name to Tesco Plc, not Tesco Corp)

China Resources expects Tesco JV nod in May

(Corrects story from March 20 to fix company name to Tesco Plc, not Tesco Corp, and remove stock code TESO.O from headline)

CORRECTED-UPDATE 1-China Resources Enterprise leans on Tesco as profit slumps to 9-year low

(Corrects story from March 20 to fix company name to Tesco Plc, not Tesco Corp)

CORRECTED-China Resources expects Tesco JV nod in May

(Corrects story from March 20 to fix company name to Tesco Plc, not Tesco Corp, and remove stock code TESO.O from headline)

UPDATE 1-China Resources Enterprise leans on Tesco as profit slumps to 9-year low

* Says will develop e-commerce in China through Tesco JV - CFO (Add management comments, update stock prices)

China Resources expect Tesco JV nod in May

HONG KONG, March 20 - Retail-focused conglomerate China Resources Enterprise (CRE) expects government approval for its joint venture with British supermarket operator Tesco Corp to come through in May, CRE's chief financial officer said on Thursday.

China Resources Enterprise 2013 net profit slides 52 pct, lags forecast

* Full-year net profit is lowest in nine years, Q4 at a loss

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