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Asia
Saregama India Posts Gains in Fiscal Q4 Consolidated Profit; Shares Jump 15%
Saregama India (NSE:SAREGAMA, BOM:532163) logged gains in its consolidated attributable profit to 753.9 million Indian rupees in the fiscal fourth quarter ended March 31 against 601.3 million rupees a year ago.Earnings per share climbed to 3.86 rupees from the year-ago figure of 3.11 rupees, according to a filing with the stock exchanges on Thursday by the media production house.Shares of the company jumped 15% at market close.Revenue from operations in the fiscal fourth quarter also increased to 2.87 billion rupees from 2.41 billion rupees a year earlier.
$BOM:532163$NSE:SAREGAMA
Asia
Korea Aerospace Industries to Purchase 21 Spare Engines Worth KRW1.088 Trillion
Korea Aerospace Industries (KRX:047810) will invest 1.09 trillion won to purchase 21 spare engines, according to a Thursday filing with the Korea Exchange.The new facility investment, which will be made between March 2026 and April 2039, is equivalent to roughly 9.93% of company equity, the filing said.The facility investment aims to secure equipment ahead of supporting the firm's long-term equipment plans.Shares of the aerospace company rose more than 5% at market close.
$KRX:047810
Asia
SMIC's Profit Climbs 5% in Q1
Semiconductor Manufacturing International (HKG:0981, SHA:688981), or SMIC, recorded a 5% rise in attributable profit in the first quarter of 2026 to $197.4 million from $188 million a year prior, according to a Thursday Hong Kong bourse filing.Earnings per share remained unchanged at $0.02 across the periods.Revenue for the three months increased 12% to $2.51 billion from $2.25 billion in the year-ago period.The firm expects revenue to increase by 14% to 16% in the second quarter compared with the three months ended March 31.
$HKG:0981$SHA:688981