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.
Archer Materials (ASX:AXE) advanced to the next stage of product development via the construction of its beta prototype Biosensor platform suitable for preclinical validation, after its integrated alpha prototype medical device achieved clinical-grade potassium sensing accuracy, according to a Friday Australian bourse filing.It plans to develop multiple versions of the beta prototype. The first beta prototype system is expected to become available for testing in the coming months. Early feasibility testing for monitoring lithium levels in blood is underway.Additional optimization and validation are planned throughout the second half of the year, with the target of a fully optimized beta prototype for use in trials in 2027.Its shares climbed 3% in recent trading on Friday.
Flight Centre Travel Group (ASX:FLT) said it has formally completed the sale of its 47% shareholding in the Pedal Group cycle joint venture to the Turner Collective, receiving AU$61.7 million in proceeds, according to a Friday Australian bourse filing.The company said it will recognise a one-off accounting gain of about AU$15 million on the sale, in addition to boosting its cash reserves and allowing it to focus on growth initiatives in its core travel business.The company's shares fell 1% in recent Friday trade.
Gpixel Changchun Microelectronics (HKG:3277) said the stabilization period of its initial public offering ended on Thursday, according to a same-day filing with the Hong Kong bourse.The Chinese semiconductor company said the overallotment option was fully exercised during the stabilization period for 9.79 million shares at HK$39.88 apiece.