Zhejiang Yonghe Refrigerant (SHA:605020) expects its attributable profit to rise 70% to 103% to between 460 million yuan and 550 million yuan in the first half from 271.4 million yuan in the year-ago period, according to a Friday filing with the Shanghai bourse.
The refrigerant manufacturer attributed the rise to high growth in the fluorocarbon chemicals business despite high prices of major refrigerant products, as well as steady growth in the fluorinated polymer materials segment.
Celltrion (KRX:068270) posted second-quarter sales of 1.3 trillion won, up 35% from 961.5 billion won a year earlier, according to a Friday filing with the Korea Exchange.The South Korean biopharmaceutical company's operating income jumped 77% year over year to 430 billion won from 242.5 billion won, the filing said.Shares of Celltrion rose nearly 4% in recent trade.
Elite UK REIT (SGX:MXNU) disposed of four properties in Wales, UK, for 6 million pounds sterling, according to a Thursday filing with the Singapore Exchange.Shares of the REIT were up nearly 2% in Friday trading.Proceeds from the divestments will be used for high-quality or high-growth opportunities, the REIT said.
XMH's (SGX:BQF) attributable profit to owners jumped 25% during the fiscal second half ended April 30 to SG$16.1 million from SG$12.9 million a year earlier, according to a Thursday filing with the Singapore Exchange.Earnings per share came in at SG$0.1470 compared with SG$0.1180 in the year-ago period.Revenue declined 8.8% year over year to SG$91.4 million from SG$100.2 million.The marine industry power generation company declared a special interim dividend of SG$0.03 per share, a final dividend of SG$0.0025 per share and a special dividend of SG$0.0775 per share for the period.