Jianglong Shipbuilding (SHE:300589) signed an $18.4 million contract with Thong Yong Offshore to build two offshore engineering vessels.
Delivery is scheduled for September and December 2027, according to a Tuesday filing with the Shenzhen bourse.
Shares of the shipbuilder closed 4% higher Wednesday.
Vietnam Manufacturing and Export Processing (HKG:0422), d/b/a VMEP Holdings, recorded an attributable loss of $47,659 in the first quarter, compared with an attributable profit of $931,044 a year prior.The Hong Kong-listed scooter and cub motorbike manufacturer's revenue for the three months slipped to $18.7 million from $19.8 million in the year-ago period, according to a Wednesday filing.
Vibhor Steel Tubes (NSE:VSTL, BOM:544124) received a work order worth 18 million Indian rupees from Royal Infraconstru, according to a Tuesday filing on Indian bourses.Shares of the company rose nearly 3% in Wednesday's trade.The order is for supply of metal crash barriers, the filing said.
Geo Energy Resources (SGX:RE4) profit during the first quarter of the year fell 72% to $4.0 million from $14.1 million a year earlier, according to a Wednesday filing with the Singapore Exchange.Revenue declined 42% year over year to $95.8 million from $166.4 million, with the coal mining company reporting lower coal sales and production volume during the period.