The International Forum for Clean Energy (IFCE) will host its fourth session in Macau from Dec. 15 to Dec. 17. Scientists from the Chinese Academy of Engineering, Chinese Academy of Sciences and related think-tanks will discuss China’s energy strategy. According to Xinhua, they will debate topics such as “innovation of and clean technology of coal-fired power generation.” The Macau-based IFCE is a non-profit international organization established in April 2012 which aims at policy research for clean energy development.
Halved profits for Sa Sa
Sa Sa International Holdings Ltd. declared a net profit of HKD153 million for the six months prior to Sept. 30, down 54.96 percent from a year earlier, representing HKD0.054 per share. The retail value in Hong Kong and Macau declined 11.1 percent from HKD3.386 billion to HKD3.01 billion, while the company’s profitability slid from 44.6 percent to 43 percent. The company attributes the latter to the discontinuation of its discount promotion amid slowing market development. Its turnover declined 10.6 percent from HKD4.226 billion to HKD3.7779 billion.
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