-- CECEP Wind-power (SHA:601016) posted 2025 attributable net profit of 685.7 million yuan, down 48% from 1.33 billion yuan the previous year.
Earnings per share slid to 0.106 yuan from 0.199 yuan, according to a Wednesday filing with the Shanghai bourse.
Operating revenue declined 11% year over year to 4.50 billion yuan from 5.03 billion yuan.
Shares of the renewable energy company were down 3% in recent trade.
Noveria Energy said on Wednesday that it has signed a grid connection construction agreement with transmission system operator Tennet Germany that will enable it to install a 250-megawatt battery energy storage system that it will operate from early 2028.The BESS system will be installed in Niedersachen, Germany, in the country's breezier northern offshore wind-generation hub.The agreement establishes technical criteria to enable the installation to support grid stability and integrate renewable power, the statement said.Noveria said that BESS systems are taking on an important role in making it possible to manage growing volumes of renewable energy and in ensuring security of supply.The company, founded in 2023 and a portfolio company of Bluestar Energy Capital in the US, has a pipeline of more than 3 gigawatts of BESS assets, it said.
Canon Marketing Japan's (TYO:8060) attributable net income surged 45% to 12.8 billion yen for the first quarter from 8.81 billion yen a year earlier.The IT solutions and products company's earnings per share increased to 60.07 yen from 40.43 yen a year ago, according to a Tokyo bourse filing on Wednesday.Net sales rose 2.6% to 171.7 billion yen for the three months ended March 31 from 167.3 billion yen in the prior-year period.For the full year ending Dec. 31, the company expects attributable net income of 42 billion yen, basic EPS of 199.14 yen and net sales of 685 billion yen.The company said that while the interim and final dividends for the year remain undecided, it estimates the full-year dividend at 90 yen per share.
Singapore shares closed lower on Wednesday, tracking mixed fortunes across the region, with the US and Iran talks in Islamabad in jeopardy with the latter yet to officially confirm its participation.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,988.45 and 5,014.10 throughout the day. It ended the session at 5,002.72, down 12.24 points or 0.2% compared to Tuesday's close.US President, Donald Trump, extended the ceasefire with Tehran upon Pakistan's request to grant Tehran more time to forward its proposal.On the corporate front, shares of Hong Leong Asia (SGX:H22) surged over 7% at the close as it completed the acquisition of Yong Tai long for SG$90.7 million.Sheffield Green (SGX:SGR) closed over 5% lower as it rebranded its training subsidiary, Wind Asia Training and Stier Training Services to Trainergy.Meanwhile, shares of Sanli Environmental (SGX:1E3) was down over 2% at the close, with the company targeting to raise between SG$3 million and SG$5 million from the issuance of six-month series 2 commercial bonds on the ADDX Exchange.