Eagle Nice (International) (HKG:2368) expects a decline of up to 30% in attributable profit for the year ended March 31 from HK$217.2 million a year prior, according to a Friday filing with the Hong Kong bourse.
The sportswear manufacturer attributed the forecast to a higher cost of sales amid a rise in production costs, a lower gross profit margin, and a significant increase in production and raw material purchase costs.
AsiaPhos' (SGX:5WV) chief risk officer and head of investor relations, Jaime Chiew Chi Loong, passed away on May 21, according to a Friday filing with the Singapore Exchange.Loong had been serving as the company's chief risk officer and head of investor relations since September 2014.
Geo Energy Resources (SGX:RE4) issued 964,000 shares worth SG$32,400 under its share option scheme, according to a Tuesday filing with the Singapore Exchange.The new shares are expected to be listed and quoted on or around May 26, the filing said.
Guangdong TianYiMa Information Industry (SHE:301178) jointly established a data subsidiary with Shantou East Coast Investment Construction.Guangdong Tianyima Data Industry, with 10 million yuan in registered capital, will focus on data labeling and cross-border data processing, according to a Thursday filing with the Shenzhen bourse.The software company will hold a 80% stake, while Shantou East Coast Investment Construction will hold 20%.Guangdong TianYiMa Information Industry shares closed 5% higher Friday.