Azeus Systems' (SGX:BBW) profit declined 27% during the fiscal second half ended March 31 to HK$86.4 million from HK$118.1 million a year earlier, according to a Sunday filing with the Singapore Exchange.
Shares of the software engineering company were down under 1% in Monday trading.
Revenue fell 8% year over year to HK$281.3 million from HK$305.5 million.
Guangdong Taienkang Pharmaceutical (SHE:301263) said its Phase IIa clinical trial for CKBA Cream in treating papulopustular rosacea has completed enrollment of all 15 subjects, with positive preliminary data prompting early initiation of Phase IIb.The trial showed significant inflammatory lesion reduction after eight weeks and no serious adverse reactions, according to a Monday filing with the Shenzhen bourse.Shares of the drugmaker rose 1% in recent trade.
Country Garden (HKG:2007) engaged in negotiations with relevant organizations to seek settlements after reporting a net increase of about 1.9 billion yuan in defaulted debt within its consolidated group as of April 30, according to a Friday Hong Kong bourse filing.The increase included defaults arising from overdue principal or interest payments, litigation, non-performance, and cross-default triggers, the company said.Country Garden was newly involved in 11 litigation and arbitration cases with disputed amounts exceeding 50 million yuan each, totaling about 1.5 billion yuan, as of April 30.The developer also recorded three new enforcement actions totaling 1 million yuan during the period.
Adani Energy Solutions (NSE:ADANIENSOL, BOM:539254) has appointed Ashok Jagetiya as the chief financial officer and key managerial personnel of the company, with effect from May 31, according to a Saturday filing to the Indian stock exchanges.He takes over from Kunjal Mehta, who resigned from the role at the close of business hours on May 30, citing personal reasons