Bank of China (SHA:601988, HKG:3988) completed Friday the issue of 30 billion yuan undated capital bonds to replenish its additional tier 1 capital.
The bonds carry a coupon rate of 1.95% during the first five years, following which they will be reset every five years and can be redeemed on every distribution payment date, according to a filing with the Hong Kong bourse.
Gland Pharma's (NSE:GLAND, BOM:543245) attributable consolidated profit almost doubled to 3.67 billion Indian rupees in the fiscal fourth quarter from 1.87 billion rupees a year ago.Earnings per share jumped to 22.23 rupees from 11.32 rupees over the period, according to a Friday filing to the Indian stock exchanges by the pharmaceutical company.Revenue from operations during the quarter also increased to 17.43 billion rupees from 14.25 billion rupees a year earlier.The company's board recommended a final dividend of 20 rupees per share for the financial year ended March 31.
Hindustan Copper (NSE:HINDCOPPER, BOM:513599) posted consolidated attributable profit of 4.44 billion Indian rupees in the fiscal fourth quarter, compared with 1.89 billion rupees a year ago, according to a Friday filing to the Indian stock exchanges.Shares of the copper manufacturer were down 6% in after-market hours.Earnings per share in the quarter ended March 31 climbed to 4.59 rupees from 1.94 rupees a year earlier.Revenue from operations in the quarter ended March increased to 11.56 billion rupees from 7.31 billion rupees a year ago.The company's board declared a final dividend of 1.86 rupees per share for the fiscal year ended March 31.
ITC Hotels (NSE:ITCHOTELS, BOM:544325) saw a rise in its consolidated attributable profit to 3.16 billion Indian rupees in the fiscal fourth quarter ended March 31, against 2.35 billion rupees a year ago.Earnings per share climbed to 1.52 rupees compared with the year-ago figure of 1.23 rupees, according to a Friday filing to the Indian stock exchanges by the hospitality company.Revenue from operations in fiscal Q4 increased to 12.5 billion rupees from 10.6 billion rupees a year earlier.The company's board declared a final dividend of 1 rupee per share for the fiscal year ended March 31.