-- Pateo Connect Technology (Shanghai) (HKG:2889) logged 1.09 billion yuan in attributable loss for 2025, widening from a loss of 541.2 million yuan in 2024, according to a Hong Kong bourse filing Tuesday.
The smart cockpit domain controller provider's shares were up 1% in morning trade Wednesday.
Basic loss per share was 7.69 yuan, compared with the 4.11 yuan loss per share in the prior year.
Revenue rose 37% year on year to 3.51 billion yuan, figures showed.
Meteoric Resources (ASX:MEI) has executed an amendment agreement with joint venture partner Togni to consolidate its interests in key tenements at the Caldeira Rare Earths Project in Brazil, via immediate and full assignment of the primary tenements required for the commencement of production, according to a Wednesday Australian bourse filing.The company said as consideration for the transfer, Togni has been granted the right to nominate a director to the Meteoric board, together with a conditional offtake option for up to 30% of mixed rare earth carbonate (MREC) produced at the Caldeira project, with Togni retaining rights to all non-rare earth elements on its tenements.The offtake option allows Togni to acquire up to 30% of annual production from the project by providing five years' advance notice, on a market pricing and take-or-pay basis, provided the use of MREC does not compete with Meteoric's interests, it added.The company's shares fell 7% in recent Wednesday trade.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Q1 revenue advanced 13% to CAD1,228.1M with net earnings rising 25% to CAD92.7M, lifting EPS 24% to CAD1.14. AVL contributed CAD129M in revenue, indicating organic growth of only 3%, while Equipment Group fueled performance with 14% revenue growth to CAD1,129.1M. TIH increased its AVL ownership stake to 80% through a CAD71.0M cash purchase, which will result in an approximately CAD45.0M expense in Q2. Gross profit margin expanded significantly to 25.8% from 22.4%, primarily led by Equipment Group margin improvement across all areas. Operating income surged 44% to CAD143.0M with margin expanding to 11.6% from 9.1%, reflecting higher revenue and improved gross margins. Equipment Group operating margin expanded to 12.1% from 9.1%, while CIMCO margin contracted to 6.2% from 10.0%. Bookings increased 44% with Equipment Group bookings advancing 45% on healthy power system and mining orders. Backlog reached CAD1.7B, up from CAD1.3B as of March 31, 2025.
Xinte Energy (HKG:1799) recorded 1.21 billion yuan in attributable loss in 2025, narrowing from a loss of 3.90 billion yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The renewable energy company's shares were up nearly 4% in late morning trade Wednesday.Loss per share was 0.84 yuan, compared with 2.73 yuan in the prior year.Revenue fell 28% year on year to 15.25 billion yuan, figures showed.