Australian Foundation Investment (ASX:AFI, NZE:AFI) reported Monday fiscal 2026 earnings of AU$0.2342 per basic share, up from AU$0.2271 a year earlier.
Revenue for the 12 months ended June 30 was AU$331.9 million, compared with AU$328.1 million a year earlier.
The board declared a final dividend of AU$0.145 per share, unchanged from a year earlier, payable Aug. 28 to shareholders on record as of Aug. 5. A special dividend of AU$0.025 per share will also be paid on the same date.
Indian Oil (NSE:IOC, BOM:530965), Bharat Petroleum (NSE:BPCL, BOM:500547) and Hindustan Petroleum (NSE:HINDPETRO, BOM:500104) have made crude oil purchases from the spot market, Bloomberg reported Friday, citing people familiar with the matter.The move comes as a buffer for potential delays in shipments from Saudi Arabia and Iraq, according to the report.The Indian state-owned oil companies have been asked to tap into their stored supplies if needed to ensure undisrupted refinery operations in August and avoid fuel, especially cooking gas, shortages, the people reportedly told Bloomberg, asking to remain unnamed.Oil Minister Hardeep Singh Puri, on Thursday, had discussions on backup strategies with state-run refiners, Bloomberg said.Indian Oil, Bharat Petroleum and Hindustan Petroleum did not immediately respond to' requests for a comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Japan Hotel REIT Investment (TYO:8985) said its 29 hotels generated total revenue of 6.05 billion yen in June, down 0.6% from a year earlier.Hotel occupancy reached 81.2% in June, up 0.1% year over year, according to a Tokyo bourse filing on Friday.The average daily rate gained 1.6% to 18,509 yen, while revenue per available room rose 1.7% to 15,023 yen.
Daiwa Office Investment Corporation's (TYO:8976) has requested Rating and Investment Information Inc. withdraw its assigned AA- issuer rating following a cost-benefit review, according to a Tokyo bourse filing Friday.The AA long-term issuer rating by Japan Credit Rating Agency with a stable outlook is expected to remain effective.