FINWIRES · TerminalLIVE
FINWIRES

NTPC Approves INR204.6 Billion Investment in Lara Power Project Stage 3

By

NTPC (NSE:NTPC, BOM:532555) approved an investment of 204.57 billion Indian rupees for the Lara Super Thermal Power Project Stage 3.

The project comprises two 800-megawatt units, according to an exchange filing in India on July 11.

Related Articles

Asia

GAC Warns of Wider Loss in H1

Guangzhou Automobile Group or GAC (HKG:2238, SHA:601238) expects an attributable loss of between 4.06 billion yuan and 4.57 billion yuan for the first half of 2026, wider than 2.54 billion yuan a year prior.The automaker attributed the forecast to a wider loss from self-developed brands, lower investment income, and foreign exchange losses, according to a Friday Hong Kong bourse filing.

HKG:2238SHA:601238
Asia

Jiumaojiu International Posts Mixed Same-Store Daily Sales in Q2

Jiumaojiu International Holdings (HKG:9922) posted mixed results for same-store average daily sales across major brands in the second quarter of 2026, according to a Friday Hong Kong bourse filing.Self-operated Tai Er stores recorded a 6.1% rise in same-store average daily sales. On the other hand, Song Hot Pot fell 26% and Jiu Mao Jiu declined 14%.As of June 30, Jiumaojiu operated 606 restaurants, including 477 Tai Er outlets.Average spending per customer across major brands has remained relatively stable for several consecutive quarters.

HKG:9922
Asia

CSSC Offshore & Marine Engineering Forecasts Up to 69% Surge in H1 Profit

CSSC Offshore & Marine Engineering (HKG:0317, SHA:600685) expects an attributable profit of between 790 million yuan and 890 million yuan for the first half of 2026, up 50% to 69% from 526.4 million yuan a year prior.The marine and defense equipment manufacturer attributed the forecast to a rise in product gross profit amid production and operational efficiency, as well as higher recognized investment income.

HKG:0317SHA:600685