FINWIRES · TerminalLIVE
FINWIRES

Sanli Environmental's Attributable Loss Widens in Fiscal H2

By

Sanli Environmental's (SGX:1E3) attributable loss widened in the fiscal second half ended March 31 to SG$1.1 million from SG$181,000 a year earlier, according to a Thursday filing with the Singapore Exchange.

Shares of the wastewater management company were down nearly 1% in Friday's late afternoon trading.

Loss per share came in at SG$0.0035 compared with SG$0.0007 in the year-ago period.

Revenue declined 19% year over year to SG$67.6 million from SG$83.1 million.

The company declared a final dividend of SG$0.00189 per share.

Related Articles

Asia

KUMHO Engineering & Construction Lands KRW127.9 Billion Pangyo Techno Valley Development Contract

Kumho Engineering & Construction (KRX:002990) secured a 3rd Pangyo Techno Valley mixed-use development contract from Gyeonggi Housing & Urban Development, worth 127.9 billion won, according to a filing with the Korean Exchange on Friday.The contract is for the construction of a mixed-use commercial complex, comprising a knowledge industry center, offices, and dormitories, the filing said.Total contract amount is 1.421 trillion won, in line with the company's 9% execution stake within the assigned building consortium.

$KRX:002990
Asia

Market Chatter: Guangzhou Futures Exchange Considers Conducting Night Trading

The Guangzhou Futures Exchange in China is considering the possibility of launching night trading in response to trader feedback, Bloomberg News reported Thursday, citing sources.The night trading, which is in preliminary research stage, will be mainly for platinum and palladium contracts, the report said.The GFEX, which has listed products such as silicon, platinum, lithium carbonate and palladium, does not currently have night sessions, until bourses in Shanghai, Dalian and Zhengzhou, according to the media outlet.The exchange is yet to respond to' request for comment on the matter.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$^SSEC$^SZSE
Asia

China Cracks Down on Illegal NEV Battery Recycling

China's Ministry of Industry and Information Technology has ordered stricter enforcement of laws governing the recycling of retired new energy vehicle (NEV) batteries, as the country enters a peak period for battery retirements, state media reported Thursday.At a recent industry meeting, the ministry said it will investigate and penalize unlawful practices such as improper disposal, production of low-quality battery products, failure to track battery data, illegal dismantling causing pollution and unlicensed operations.With annual retired batteries expected to exceed 1 million tonnes by 2030, authorities will deploy digital tools to monitor battery flows and enforce corporate accountability.The ministry also called for deeper industry-wide collaboration to advance recycling technologies and business models.

$^SSEC$^SZSE