FINWIRES · TerminalLIVE
FINWIRES

Jiajia Food Receives 87 Million Yuan Income From Partnership Fund

By

Jiajia Food Group (SHE:002650) received income amounting to 86.8 million yuan as part of its investment in a partnership fund, according to a Shenzhen bourse filing.

In 2014, the condiment food products manufacturer invested 200 million yuan into the Hexing (Tianjin) Equity Investment Fund Partnership (Limited Partnership), owning 99.995% of its capital.

The company obtained 70.7 million yuan of pre-tax reserved equalization funds, which included 64.7 million yuan from the Eastroc Beverage (SHA:605499, HKG:9980) project, the Aimer (SHA:603511) project and 5.8 million yuan from the Zhongyin Babi Food (SHA:605338) project.

Jiajia also received 16.2 million yuan in share income, which consisted of 15.7 million yuan from the Eastroc project and 444,494.31 yuan from the Aimer project.

Jiajia's shares fell by less than 2% at the close.

Related Articles

Asia

Shengda Resources Boosts Stake in Silver Mining Facility in Inner Mongolia, China

Shengda Resources (SHE:000603) will purchase a 20% stake in Arukorqin Banner Deyun Mining from an employee for 87.1 million yuan, according to a Tuesday filing with the Shanghai bourse.The company also intends to purchase the employee's receivables from Deyun Mining for 31.1 million yuan.Upon completion, Shengda Resources' stake in in Deyun Mining will rise to 74% from 54%, making the mining company a controlling subsidiary.Deyun Mining holds silver polymetallic mining rights in the Bayanbaoleg mining area of ​​Arukorqin Banner, Inner Mongolia Autonomous Region. It also holds exploration rights to a lead-zinc polymetallic mine, the filing said.

$SHE:000603
Asia

Rail Vikas Nigam's Consolidated Profit Declines in Fiscal Q4; Shares Down 4%

Rail Vikas Nigam's (NSE:RVNL, BOM:542649) consolidated net profit declined to 1.87 billion Indian rupees in the fiscal fourth quarter ended March 31, from 4.55 billion rupees a year ago.Earnings per share contracted to 0.90 rupees from 2.18 rupees a year earlier, the railway construction company said in a filing to the Indian stock exchanges on Monday.The company's shares were down nearly 4% in recent trade.Revenue from operations in fiscal Q4, however, increased to 67.0 billion rupees from 64.3 billion rupees a year ago.The company's board recommended a final dividend of 0.71 rupees per share on the paid-up equity share capital of face value of 10 rupees each for the financial year 2025-26.

$BOM:542649$NSE:RVNL
Asia

Jefferies Adjusts Shibaura Mechatronics to 6,700 Yen From 6,000 Yen, Keeps at Buy

$TYO:6590