-- Automobile manufacturer SML Mahindra's (NSE:SMLMAH, BOM:505192) total sales rose 15% to 1,741 units in April from 1,512 units sold a year ago, according to a Friday filing to the Indian stock exchanges.
Passenger vehicle sales were up 19% year on year in the reported month to 1,331 units, while cargo vehicle sales rose 5% to 410 units.
Parkway Life REIT's (SGX:C2PU) distribution per unit or DPU surged 15% in the first quarter of the year to SG$0.0442 from SG$0.0384 a year earlier, according to a Thursday filing with the Singapore Exchange.Shares of the REIT were up nearly 1% in Monday trading.Amount available for distribution was up 15% to SG$28.8 million from SG$25.0 million.Net property income fell 2.7% to SG$35.8 million from SG$36.8 million in the year-ago period.Gross revenue declined 2.1% year over year to SG$38.2 million from SG$39 million, mainly due to lower rental income from the Japan portfolio.Committed occupancy for the Singapore and France portfolio stood at 100% while that of Japan came in at 93%.
Aldoro Resources (ASX:ARN) said two phase 2 diamond holes at the Kameelburg project in Namibia returned wide, high-grade rare earth elements, strontium, and niobium intercepts, according to a Monday Australian bourse filing.This included a niobium intercept of 11 meters at 0.8% grade of niobium pentoxide from 102 meters, as well as 5 meters at 2.9% grade of total rare earth oxides and 7.6% grade of strontium carbonate from 64 meters.The results confirmed the scale and continuity of the Kameelburg carbonatite mineral system in all four directions from the central core, the company said.Aldoro Resources' shares fell past 4% in recent trading on Monday.
XPeng (HKG:9868) delivered 31,011 vehicles in April, up 13% from the prior month, according to a Monday Hong Kong bourse filing.The company said test-drive satisfaction improved following the rollout of VLA 2.0, with the average purchase decision time after test drives falling 44.7% month over month.XPeng also unveiled the GX, its first full-sized flagship SUV, and began local production of the P7+ in Austria with partner Magna.