WCON Electronics (SHE:301328) will invest an additional $10 million in its Thai subsidiary.
Proceeds will be used for factory and dormitory construction as well as fixed asset purchases, according to a Tuesday filing with the Shenzhen bourse
The subsidiary is currently in its factory renovation and equipment installation phase with no actual operations yet.
Shares of the electronic connector producer closed 1% higher Wednesday.
Sumitomo Realty & Development's (TYO:8830) profit attributable to owners of the parent increased by 11% to 212.54 billion yen for the fiscal year ended March 31 from 191.68 billion yen a year earlier.The Japanese real estate company's earnings per share increased to 228.42 yen from 202.56 yen a year ago, according to a Tokyo bourse filing on Wednesday.Revenue from operations jumped 4.3% to 1.058 trillion yen from 1.014 trillion yen in the prior year.For fiscal year 2026, the company expects attributable profit of 223 billion yen and revenue from operations of 1.07 trillion yen. Sumitomo Realty & Development plans to pay per-share interim and year-end dividends of 26 yen each for the year.
International Entertainment (HKG:1009) changed its financial year end date to Dec. 31 from June 30, according to a Wednesday Hong Kong bourse filing.The hotel and casino operator's next financial statements will be for the 18 months started July 1, 2025, and ending Dec. 31, 2026.The firm is changing the year-end date to align it with that of its units in the Philippines.
Asics' (TYO:7936) profit attributable to owners of the parent jumped 47% to 46.6 billion yen for the first quarter from 31.6 billion yen a year earlier.The sports equipment manufacturer's earnings per share increased to 65.66 yen from 44.20 yen a year ago, according to a Tokyo bourse filing on Wednesday.Net sales jumped nearly 30% to 270.3 billion yen for the three months ended March 31 from 208.3 billion yen in the prior-year period.For the year ending Dec. 31, the company expects attributable profit of 110 billion yen, basic EPS of 153.91 yen, and net sales of 950 billion yen.Asics plans to pay interim and year-end dividends of 18.00 yen and 20.00 yen per share, respectively, for the year, which is higher than the amount paid in the year-ago period.