-- Hsin Kuang Steel (TPE:2031) posted a profit attributable to owners of NT$70.7 million, or NT$0.22 per share, for the first quarter, according to a Tuesday filing with the Taiwan Stock Exchange.
Shares slid over 3% in Wednesday's midday trade.
Meanwhile, operating revenue stood at NT$4.59 billion.
The steel manufacturer did not provide comparative year-ago figures.
Jinlihua Electric (SHE:300069) proposed to acquire all or part of Xi'an Zhongke Xiguang Aerospace Technology Group through share placement and cash, according to a Shenzhen bourse filing on Wednesday.Zhongke Xiguang Aerospace manufactures satellite mobile communication terminals.The trading of the Chinese glass insulator manufacturer's shares was suspended until May 20.
Bus Cap (KLSE:BUSCAP) is seeking to raise 24.7 million ringgit via a listing on the ACE Market of Bursa Malaysia, according to a Wednesday Malaysian bourse filing.The bus manufacturer's IPO entails a public issue of 107.3 million new shares at 0.23 ringgit each, and an offer for sale of 19.2 million shares.Proceeds will be used for the construction of a new factory, to boost working capital, and to pay off expenses, it said.
The euro area's industrial producer prices climbed 3.4% month over month in March, following a revised 0.6% drop in February, according to Eurostat data published Wednesday.Analysts expected a 3.3% increase for the month.On a yearly basis, producer prices rose 2.1%, against the 3% fall earlier and the consensus of a 1.8% increase.