SK Innovation (KRX:096770) posted first-quarter net income of 964.4 billion won, compared with a net loss of 229 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.
The South Korean petroleum business company's sales rose 15% to 24.2 trillion won from 21 trillion won.
Shares of the company rose nearly 1% at market close.
Bharti Airtel (NSE:BHARTIARTL, BOM:532454) recorded a sharp decline in its consolidated attributable profit to 73.3 billion Indian rupees in the fiscal fourth quarter ended March 31, against 110.2 billion rupees a year ago.Earnings per share slipped to 12.15 rupees compared with the year-ago figure of 18.38 rupees, according to a Wednesday filing to the Indian stock exchanges by the telecom services provider.Revenue from operations in fiscal Q4, however, rose to 553.8 billion rupees from 478.8 billion rupees a year earlier.The company's board recommended a final dividend of 24 rupees per share for the financial year ended March 31.
Midea (SHE:000333, HKG:0300) completed the issue of HK$8.62 billion each of zero-coupon convertible bonds due 2027 and 2033 on Wednesday, according to a same-day Hong Kong bourse filing.The appliance manufacturer submitted an application to list the bonds on the Vienna MTF operated by the Vienna Stock Exchange the same day.The firm will use proceeds to support international expansion and boost offshore liquidity, as well as for general corporate purposes.
Suzhou Basecare Medical (HKG:2170) obtained a class III medical device registration certificate for its Gems cleavage embryo culture medium, according to a Wednesday Hong Kong bourse filing.The medium enhances early embryo stress resistance and provides developmental support during assisted reproduction.