First Resources' (SGX:EB5) net profit attributable to owners climbed 53% during the first quarter of the year to $96.6 million from $63.1 million a year earlier, according to a Friday filing with the Singapore Exchange.
Sales zoomed 70% year over year to $477.2 million from $280 million, backed by higher production of crude palm oil and palm kernel.
Shares of the palm oil producer were down nearly 2% in Friday trading.
Chinese President Xi Jinping said Beijing and Washington's economic teams reached a "generally balanced and positive outcome" during Wednesday's meeting, Xinhua News Agency reported Thursday.Xi made the remarks after welcoming U.S. President Donald Trump in Beijing.U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met in South Korea on Wednesday, ahead of the high-stakes meeting on Thursday, the BBC reported."Facts have repeatedly proven that there are no winners in a trade war, and the essence of China-US economic and trade relations is mutual benefit and win-win cooperation," Xinhua quoted Xi as saying.
Rua Gold (NZE:RGI) reported Thursday a loss of CA$0.05 per share for the March quarter, unchanged from a year earlier.The exploration-stage mining company did not report any revenue for the quarter.
China's National Association of Financial Market Institutional Investors accepted Shaanxi Provincial Natural Gas' (SHE:002267) application to issue medium-term bonds of up to 2 billion yuan, according to a Shenzhen bourse filing on Thursday.The registration quota is valid for two years.