-- China Strategic Technology (HKG:1725) posted revenue of 36.1 million yuan in April, up 11% from 32.5 million yuan a year earlier, according to a Monday filing with the Hong Kong bourse.
Shares of the aerospace company were up nearly 17% in Tuesday morning trade.
Overall card spending fell 2.5% in April, but was up 4.4% compared with the same time last year, ANZ Research said in a note Tuesday.Spending at fuel, charging, and service stations lifted 0.9% in April on top of a nearly 21% lift in March. Card spending at fuel stations rose 0.3% in April, once adjusted for typical seasonality.Spending at car and truck dealerships fell 7.9% after the March spike in electric vehicle sales, but motorcycle and bike shops were up 0.8% and 1.9%, respectively.Spending in the hospitality sector retreated 0.2% in the month. This followed a 2.7% fall in March. Apparel category spending fell a further 1.5% in April on top of a 2.5% decline in March.A decline of 1.4% in spend in the grocery category is unusually large, the report noted.Spending at second-hand good stores fell 3.3% on top of a 3.2% fall last month. The data showed an over 19% fall in spending at airlines and airports in April, and a more than 32% fall at tour and travel agencies.Most services also saw reduced spending in April, including a 2.8% month-over-month fall in health and beauty services and a 1.9% fall in hairdressing. Public transport spending fell 7% after a sharp jump in March, but was up 5.7% year over year.
Frasers Logistics & Commercial Trust's (SGX:BUOU) distribution per unit or DPU fell 1.7% during the fiscal first half ended March 31 to SG$0.0295 from SG$0.03 a year earlier, according to a Tuesday filing with the Singapore Exchange.Distributable income fell by 1% to SG$111.9 million from SG$113.0 million.Adjusted net property income rose 3.6% to SG$167 million from SG$161.3 million in the year-ago period.Revenue was up 2.8% year over year to SG$238.9 million from SG$232.3 million.Overall portfolio occupancy stood at 96.1%, backed a weighted average lease expiry of 4.9 years.
MetaOptics (SGX:9MT) filed a Form F-1 registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of American Depository Shares (ADS).The number of ADS to be offered and the price range of the proposed offering are yet to be determined, according to a Tuesday filing with the Singapore Exchange.The offering will be made only via a prospectus, the filing added.