Hong Kong-listed jewelry company Chow Sang Sang Holdings International Limited has published its annual financial report for 2009, stating that its net profit increased by 22% year-on-year to HKD574 million.

Carpenter Tan Holdings Limited, the Chinese maker, distributor, and retailer of small wooden products, has published its annual financial report for 2009, stating that its turnover increased by 28.7% from CNY108.7 million in 2008 to CNY139.8 million; and its net profit increased by 77.5% from CNY25.87 million in 2008 to CNY45.92 million.

Chinese hotpot restaurant chain Little Sheep has published its annual financial report for 2009, stating that its operating revenue increased by 23.5% year-on-year from CNY1.27 billion to CNY1.57 billion; while its net profit increased by 20.7% year-on-year from CNY129 million to CNY155 million.

A leading Chinese alcohol company Wuliangye has published its annual performance report for 2009, stating that net profit attributable to the shareholders of its listed unit increased by 79.45% year-on-year, to CNY3.249 billion.

Tingyi (Cayman Islands) Holding Corporation, which owns the Master Kong brand, has published its financial results for the third quarter of 2009 stating that its net profit increased by 60%, a record-high growth for an individual quarter.

According to Angela Ahrendts, the CEO of the British luxury group Burberry, the company plans to accelerate its expansion in China and to increase the number of its franchised stores in the country to 100 over the next few years.