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Simcere Pharmaceutical's Profit Jumps 86% in 2025

Simcere Pharmaceutical (HKG:2096) posted profit attributable to equity shareholders of 1.34 billion yuan for 2025, up 86% from 722 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the pharmaceutical firm were down 1% in recent trade.Earnings per share came in at 0.54 yuan from 0.29 yuan a year earlier.Revenue rose 16.5% to 7.73 billion yuan from 6.64 billion yuan in 2024.

HKG:2096

Asia107d ago

Shyam Metalics Plans INR27 Billion Additional Investment for Expansion; Shares Up 3%

Metals manufacturer Shyam Metalics and Energy (NSE:SHYAMMETL, BOM:543299) has earmarked an additional investment plan of 27 billion Indian rupees for expansion activities, according to a Wednesday filing to the Indian stock exchanges.The investment is aimed at expanding higher-margin product offerings to help revenue growth and will be funded entirely through internal accruals.The plan includes a 9 billion rupees investment in an 800,000 TPA special bar quality and specialty wire rod and bar mill, along with 18 billion rupees to expand stainless steel capacity.The multi-faceted investment program is targeted for commissioning by 2029.This investment is in addition to the earlier declared 160.6 billion rupees capex, of which around 87 billion rupees have already been invested. The remaining amount is expected to be executed over the next three to four years.The company's shares were up nearly 3% in recent trade.

BOM:543299NSE:SHYAMMETL

Asia107d ago

Arena REIT Says G8 Education to Suspend Operations at One Arena-Owned Early Learning Center; Shares Fall 3%

Arena REIT (ASX:ARF) said it received notice from G8 Education (ASX:GEM) of its plan to suspend operations at an Arena-owned early learning center in Western Australia, according to a Wednesday filing with the Australian bourse.Arena said it has received all due rent from G8 and is engaging with the company regarding its lease obligations and plans for the impacted center, per the filing.The lease for the center has a remaining term of 10.8 years and accounts for 0.2% of Arena's portfolio income, the company said.G8 Education earlier the same day disclosed plans to suspend operations for around 40 of its centers due to a network assessment.Arena REIT shares fell 3% in recent Wednesday trading, while G8 Education shed more than 24%.

ASX:ARFASX:GEM

Asia107d ago

Victory Giant Technology Logs 8% Rise in Q1 2026 Profit

Victory Giant Technology (HKG:2476, SHE:300476) booked 1.29 billion yuan in attributable profit for the first quarter of 2026, up 40% from 920.6 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The printed circuit board manufacturer's Hong Kong shares gained nearly 8% in late morning trade Wednesday.Earnings per share were 1.48 yuan, compared with 1.07 yuan in the prior year period.Operating income rose 28% to 5.52 billion yuan, figures showed.

HKG:2476SHE:300476

Asia107d ago

Anjoy Foods Records 43% Rise in Q1 2026 Profit

Anjoy Foods Group (HKG:2648, SHA:603345) booked 563.2 million yuan in attributable profit for the first quarter of 2026, up 43% from 394.5 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The Chinese quick-frozen food company's Hong Kong shares gained over 8% in late morning trade Wednesday.Earnings per share were 1.70 yuan, compared with 1.35 yuan in the prior year.Operating income rose 31% year on year to 4.71 billion yuan, figures showed.

HKG:2648SHA:603345

Asia107d ago

ASMedia Technology to Buy iCatch Technology Stake Worth NT$400 Million

ASMedia Technology (TPE:5269) will acquire 10 million shares of iCatch Technology (TPE:6695) through a private placement for NT$400 million, according to a Tuesday Taiwan Exchange filing.Shares gained about 2% in Wednesday's afternoon trade.Following the deal, the company's cumulative holdings in iCatch Technology will rise to 14.3 million shares, representing a 13.43% stake, with a total investment of NT$477.4 million.The privately placed shares will be subject to a three-year lock-up period before they can be publicly listed and traded, the company said.

TPE:5269TPE:6695

Asia107d ago

PCL Technologies Incurs NT$94 Million Loss in Q1

PCL Technologies (TPE:4977) posted a loss attributable to owners of NT$94.1 million, or NT$1.18 per basic share, for the first quarter, according to a Tuesday Taiwan bourse filing.The company did not provide comparative year-ago figures.Operating revenue accumulated stood at NT$208.3 million, the optical and electro-mechanical components manufacturer said.

TPE:4977

Asia107d ago

CapitaLand Integrated Commercial Trust Issues 326.1 Million New Units

CapitaLand Integrated Commercial Trust (SGX:C38U) issued 326.1 million units at SG$2.30 per unit via a private placement, according to a Wednesday filing with the Singapore Exchange.Trading in the new units commenced on the same day, the filing added.

SGX:C38U

Asia107d ago

Garden Reach Shipbuilders & Engineers Clocks Gains in Fiscal Q4 Profit; Shares Jump 11%

Garden Reach Shipbuilders & Engineers (NSE:GRSE, BOM:542011) recorded a rise in its profit to 3.03 billion Indian rupees in the fiscal fourth quarter against 2.44 billion rupees a year ago, according to a Tuesday filing to the Indian stock exchanges by the shipbuilder.Shares of the company jumped nearly 11% in recent trade.Earnings per share climbed to 26.47 rupees compared with a year-ago figure of 21.32 rupees.Revenue from operations in fiscal Q4 also increased to 21.2 billion rupees from 16.4 billion rupees a year earlier.The company's board also declared a final dividend of 6.70 rupees per share for the financial year 2025-26.

BOM:542011NSE:GRSE

Asia107d ago

China International Marine Containers' Profit Falls 62% in Q1

China International Marine Containers (HKG:2039, SHE:000039) posted attributable net profit of 209 million yuan for the first quarter, down 62% from 543.8 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Hong Kong-listed shares of the shipping equipment provider were up over 4% in Wednesday midday trade.Earnings per share declined to 0.0353 yuan from 0.0971 yuan a year earlier.Revenue fell 9.3% to 32.7 billion yuan from 36.0 billion yuan in the prior-year period.

HKG:2039SHE:000039

Asia107d ago

Ningbo Zhoushan Port's Q1 Profit Slips, Revenue Rises

Ningbo Zhoushan Port's (SHA:601018) net profit attributable to shareholders in the first quarter slipped 0.4% to 1.17 billion yuan from 1.18 billion yuan a year earlier, according to a Shanghai bourse filing on Wednesday.Earnings per share were flat year on year at 0.06 yuan.Operating revenue jumped 16% to 8.19 billion yuan from 7.08 billion yuan in the previous year.The Chinese transportation services provider's shares slipped less than 2% during the midday trade.

SHA:601018

Asia107d ago

Seatrium Closes Issuance of SG$400 Million Bonds Due 2031

Seatrium's (SGX:5E2) issuance of SG$400 million bonds due 2031 was 1.7 times oversubscribed, backed by strong demand, with the order book exceeding SG$670 million, according to a Tuesday filing with the Singapore Exchange.Shares of the offshore and energy solutions company were down under 1% in Wednesday trading.The bonds carry a fixed interest rate of 2.95% and are part of the company's SG$3 billion multicurrency debt issuance program.The bonds are expected were listed on April 29.

SGX:5E2

Asia107d ago

Indus Towers Forms New Wholly-Owned Subsidiary

Indus Towers (NSE:INDUSTOWER, BOM:534816) has incorporated a wholly-owned subsidiary named "Indus Towers Global Ventures IFSC" in the Gujarat International Finance Tec-City (GIFT City) in Gujarat, India, according to a Wednesday filing to the Indian stock exchanges.The new subsidiary will act as an investment holding company for the telecom infrastructure company's overseas subsidiaries and will also undertake treasury functions and other related activities.

BOM:534816NSE:INDUSTOWER

Asia107d ago

Dr. Reddy's Laboratories Gets Regulatory Nod to Sell Semaglutide Injection in Canada

Dr. Reddy's Laboratories (NSE:DRREDDY, BOM:500124) has received a notice of compliance (NOC) from the Canadian regulator, the Pharmaceutical Drugs Directorate (Health Canada), approving its generic Semaglutide Injection, according to a Wednesday filing to the Indian stock exchanges.The issuance of the NOC authorizes the commercialization, sale and distribution of the diabetes control drug Semaglutide Injection in Canada. The market authorization covers the 2 mg/pen (in 1.34 mg/mL) and 4 mg/pen (1.34 mg/mL).The active pharmaceutical ingredient is entirely produced in-house by Dr. Reddy's, with finished product manufacturing currently carried out by the company's manufacturing partner, OneSource Specialty Pharma (NSE:ONESOURCE, BOM:544292).Dr. Reddy's shares were down nearly 1% in recent trade.

BOM:500124BOM:544292NSE:DRREDDYNSE:ONESOURCE

Asia107d ago

Mesoblast Hits Patient Recruitment Target in Phase 3 Chronic Lower Back Pain Study; Shares Jump 5%

Mesoblast (ASX:MSB) achieved the recruitment target of at least 300 patients for a phase 3 clinical trial of rexlemestrocel-L for the treatment of chronic lower back pain associated with degenerative disc disease, according to a Wednesday filing with the Australian bourse.The placebo-controlled study will randomize patients to a single intradiscal injection of the company's proprietary allogeneic stromal cell therapy or sham control for 12 months, with its primary endpoint being a significant difference in the reduction of lower back pain, per the filing.The trial's secondary endpoints include improvements in function, quality of life, and cessation of pain medication including opioids.The company expects to see top-line results in mid-2027.Shares of Mesoblast gained nearly 5% in recent Wednesday trade.

ASX:MSB

Asia107d ago

Tianshan Aluminum Q1 Profit Jumps 110%, Revenue Up 7%

Tianshan Aluminum (SHE:002532) posted first-quarter attributable net profit of 2.22 billion yuan, up 110% from 1.06 billion yuan the previous year.Earnings per share rose to 0.48 yuan from 0.23 yuan, according to a Wednesday filing with the Shenzhen bourse.Operating revenue went up 6.6% year over year to 8.44 billion yuan from 7.93 billion yuan.Shares of the aluminum company were up 2% in recent trade.

SHE:002532

Asia107d ago

Yidu Tech Associate Wins Bid for Clinical Trial Site Management

Yidu Tech (HKG:2158) said its affiliate Yidu Cloud (Beijing) Technology won the bid for the clinical trial site management of the Pioneer2 study at the First Affiliated Hospital of Guangzhou Medical University, according to a Hong Kong bourse filing Tuesday.The healthcare solutions provider gained over 2% in late morning trade Wednesday.The project is valued at 4.1 million yuan, the firm said.

HKG:2158

Asia107d ago

Argosy Prioritizes Definitive Feasibility Study Works for Argentina Lithium Project 12,000 Tonnes-Per-Annum Development, Shares Fall 5%

Argosy Minerals (ASX:AGY) prioritized completing the definitive feasibility study works for the 12,000-tonnes-per-annum project development for the Rincon lithium project in Argentina, according to a Wednesday Australian bourse filing.Its demonstration facility operations remain suspended, with plant and equipment preservation works being conducted during the March quarter.It is engaging with local renewable energy providers to establish power purchase agreements to ensure a sustainable and cost-efficient energy supply. It is also re-engaging with Export Credit Agencies.The firm will assess its strategy to determine the best development avenue to evaluate the lithium brine potential and increase the value proposition of its Tonopah lithium project in Nevada, per the filing.Its shares fell over 5% in recent trading on Wednesday.

ASX:AGY

Asia107d ago

Gotion High-tech Q1 Profit Down 79%; Shares Slide 3%

Gotion High-tech (SHE:002074) posted first-quarter attributable net profit of 21.1 million yuan, down 79% from 100.6 million yuan the previous year.Earnings per share declined to 0.01 yuan from 0.06 yuan, according to a Wednesday filing with the Shenzhen bourse.Operating revenue went up 29% year over year to 11.7 billion yuan from 9.06 billion yuan.Shares of the battery maker were down 3% in recent trade.

SHE:002074

Asia107d ago

China Aerospace Times Electronics' Q1 Profit Rises 5%, Revenue Climbs 8%

China Aerospace Times Electronics' (SHA:600879)net profit attributable to shareholders in the first quarter rose 5.3% to 31.3 million yuan from 29.7 million yuan a year earlier, according to a Shanghai bourse filing on Wednesday.Earnings per share stayed flat year on year at 0.009 yuan.Operating revenue inched 8.4% higher to 1.84 billion yuan from 1.70 billion yuan in the previous year.The aerospace company's shares rose less than 3% during the midday trade.

SHA:600879

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