SSY Group (HKG:2005) obtained registration approval for Safinamide Mesylate to become a bulk drug for the preparations on the market from China's National Medical Products Administration, according to a Tuesday Hong Kong bourse filing.
The drug is mainly used for the treatment of Parkinson's disease in combination with other Parkinson's drugs such as levodopa, the filing said.
Wasion's (HKG:3393) subsidiary, Wayon Energy, secured new overseas business contracts worth more than 1.6 billion yuan from the start of this year through Tuesday, according to a same-day Hong Kong bourse filing.The contracts mainly cover data center infrastructure and related solutions, as well as overseas power distribution products, including reclosers.
Bapcor's (ASX:BAP) turnaround initiatives are gaining traction operationally, but weaker trading conditions are limiting near-term earnings flow-through, Jefferies said in a Monday note.Bapcor lowered its fiscal 2026 guidance for underlying earnings before interest, taxes, depreciation and amortization (EBITDA) to between AU$144 million and AU$150 million from the previous guidance of AU$150 million to AU$160 million.The downgrade to its underlying EBITDA guidance reflects a business mid-turnaround being impacted the fuel shock caused by the conflict in the Middle East in an already depressed market, with cost inflation and weaker demand driving a fiscal 2026 downgrade despite improving execution.The investment firm upgraded its recommendation to buy from hold and lowered the price target to AU$0.65 from AU$1.05.
Pine Labs (NSE:PINELABS, BOM:544606) swung to a profit in the fiscal fourth quarter ended March 31, with a consolidated profit of 593.6 million Indian rupees from a loss of 289.1 million rupees a year ago.Earnings per share came in at 0.51 rupees compared with a loss per share of 0.28 rupees a year earlier, the digital payments company said in a filing to the Indian stock exchanges on Monday.Revenue from operations in fiscal Q4 rose to 7.01 billion rupees from 5.99 billion rupees a year ago.