Karrie International (HKG:1050) expects a year-over-year rise of at least 30% in attributable profit for the year ended March 31, according to a Monday Hong Kong bourse filing.
The metal and plastic company attributed the forecast to a higher revenue for AI-related server products, as well as a boost in production capacity and operational improvements in Thailand.
Li Auto (HKG:2015) delivered 33,350 vehicles in May, according to a Monday Hong Kong bourse filing.For the five months ended May 31, the auto firm's deliveries totaled just over 1.7 million.Since March, monthly deliveries of Li i6 have been over 20,000 units. The firm also launched the Li L9 in May, which received more than 10,000 orders within two weeks.As of May 31, Li Auto had 498 retail stores in 160 cities, 543 servicing centers and company-authorized servicing shops in 222 cities, and 4,088 supercharging stations equipped with 22,563 charging stalls in China.
Choice Development (TPE:9929) reappointed Chen Hui-Yu as chairman following the expiry of his term, according to a Monday Taiwan Exchange filing.Chen, who also serves as chairman of Chiu Yu Innovation, was retained in the role after a board re-election process.
Life Insurance Corp. of India (NSE:LICI, BOM:543526) allotted 6.33 billion fully paid-up bonus equity shares in a 1:1 ratio to shareholders of record on May 29, according to an Indian bourse filing on Monday.Under the bonus issue, shareholders received one bonus share for every existing equity share held, the filing said.Following the allotment, the insurer's paid-up equity share capital increased to about 126.5 billion rupees, comprising 12.6 billion shares, the filing said.Shares of the company were down nearly 2% in recent trade.