-- CNGR Advanced Material (HKG:2579, SHE:300919) logged 555.3 million yuan in attributable profit for the first quarter of 2026, up 81% from 307.6 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.
The new energy materials company's Hong Kong shares gained nearly 5% in midday trade on Wednesday.
Earnings per share were 0.52 yuan, compared with 0.33 yuan in the prior year period.
Operating revenue jumped 46% to 15.75 billion yuan, figures showed.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Deutsche Bank delivered a record Q1 2026 post-tax profit of EUR2.2B (8% Y/Y growth) and EPS of EUR1.06, both exceeding consensus estimates of EUR1.78B and EUR0.92, respectively. Net revenues of EUR8.7B grew 2% and beat the consensus estimate of EUR8.5B, with strong performance across all segments achieving post-tax RoTE at near or above 13%. The results demonstrate impressive operational momentum with efficiency gains (cost/income ratio improved to 58.9% from 61.2%) and clear progress toward 2028 strategic targets. Management provided full-year 2026 guidance including net revenues of ~EUR33B, signaling confidence in execution. However, we remain cautious about sustainability given mounting macro headwinds. The EUR519M provision for credit losses, including overlays for geopolitical and CRE risks, underscores management's concerns about deteriorating conditions. We believe Germany's exposure to the Middle East conflict and energy cost inflation warrants a measured outlook despite the strong quarter.
West Wits Mining (ASX:WWI) is set to divest the Mt. Cecelia project in Western Australia to Aventine Resources via the sale of 100% of the issued capital of its unit, Northern Reserves, according to a Wednesday Australian bourse filing.The consideration consists of an equity portion of AU$2 million shares in Aventine, calculated at the public offering price under Aventine's proposed initial public offering, which is currently equal to 10 million Aventine shares, as well as a 1% net smelter returns royalty on all products extracted from the project.It also includes deferred portion, upon the disclosure to ASX of a mineral resource estimate of inferred category or greater of at least 500,000 ounces of gold, at a minimum cut-off grade of 0.5 grams per tonne, of either AU$1 million in cash or 5 million Aventine shares, at Aventine's election.The deal is subject to customary conditions, including due diligence, execution of definitive agreements, Aventine's proposed ASX listing and capital raising, and receipt of all necessary regulatory approvals.
Huadian Power International (SHA:600027, HKG:1071) posted first-quarter attributable net profit of 1.79 billion yuan, down 9.9% from 1.99 billion yuan the previous year.Earnings per share declined to 0.14 yuan from 0.17 yuan, according to a Wednesday filing with the Shanghai bourse.Operating revenue went down 9.4% year over year to 30.5 billion yuan from 33.6 billion yuan.Shares of the electric power company were up 1% in recent trade on the Shanghai bourse and down 1% on the Hong Kong bourse.