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Ardiden Unit Agrees to Acquire Canada Mine; Shares Up 10%

Ardiden's (ASX:ADV) Ardiden Canada unit agreed to acquire the Golden Patricia gold mine in Canada from Lac Properties, a Barrick Mining subsidiary, through a non-cash transaction, according to a Tuesday filing with the Australian bourse.Consideration for the acquisition includes the grant of a 2% net smelter return royalty to Barrick Mining and the assumption by the company of environmental liabilities and associated obligations relating to the assets, the filing said.Ardiden shares rose 10% in midday trade on Tuesday.

ASX:ADV

Asia107d ago

Coronado Posts Lower Q1 Run-of-Mine Coal Production

Coronado Global Resources (ASX:CRN) reported run-of-mine (ROM) coal production of 5.4 million tonnes in the first quarter, according to a Tuesday Australian bourse filing.The ROM production was 5.8 million tonnes for the quarter ended March 31, 2025, an earlier filing showed.Saleable production for the three months ended March 31 fell to 3 million tonnes from 3.5 million tonnes in the previous year.Sales volumes rose to 3.5 million tonnes from 3.4 million tonnes.The company expects stronger cash generation and continued balance sheet improvement through the remainder of the year, with around $34 million invested during the quarter, in line with guidance.The company's shares rose around 2% in recent Tuesday trade.

ASX:CRN

Asia107d ago

Reliance Worldwide Reaffirms Full-Year Trading Outlook; Shares Up 5%

Reliance Worldwide (ASX:RWC) reaffirmed its trading outlook for the year ended June 30, first disclosed last February, according to a Tuesday filing with the Australian bourse.Net cost impact of tariffs on fiscal year operating earnings is estimated to be in the range of $25 million to $30 million, while capital expenditure is expected to be between $25 million and $30 million, an earlier filing showed.The company anticipates that the war in Iran will not "materially" affect its operating earnings for the full fiscal year, although an extended conflict could influence the outlook for the fiscal year 2027, the filing said.Shares rose 5% in morning trade on Tuesday.

ASX:RWC

Asia107d ago

Coal India's Consolidated Profit Rises in Fiscal Q4

Coal India's (NSE:COALINDIA, BOM:533278) consolidated attributable profit grew to 108.4 billion Indian rupees in the fiscal fourth quarter ended March 31, from 97.5 billion rupees a year ago.The coal miner's earnings per share climbed to 17.59 rupees from 15.82 rupees a year earlier, according to a Monday filing to the Indian stock exchanges. The EPS was higher than the 15.46 rupees estimated by the analysts polled by Visible Alpha.Revenue from operations in fiscal Q4 also increased to 464.90 billion rupees from 439.6 billion rupees a year ago. This was also higher than Visible Alpha's estimate of 407.8 billion rupees.The company's board declared a final dividend of 5.25 rupees per equity share of the face value of 10 rupees each for the financial year 2025-26.

BOM:533278NSE:COALINDIA

Asia107d ago

Inovance Technology 2025 Profit Up 18%; Shares Fall 7%

Shenzhen Inovance Technology (SHE:300124) posted 2025 attributable net profit of 5.05 billion yuan, up 18% from 4.29 billion yuan the previous year.Earnings per share rose to 1.85 yuan from 1.60 yuan, according to a Tuesday filing with the Shenzhen bourse.Revenue climbed 22% year over year to 45.1 billion yuan from 37.0 billion yuan.Shares of the robot maker fell 7% in recent trade.

SHE:300124

Asia107d ago

Bank of Beijing's Q1 Profit Rises 6%, Revenue Jumps 14%; Shares Drop 4%

Bank of Beijing's (SHA:601169) net profit attributable to shareholders in the first quarter rose 5.6% year on year to 8.10 billion yuan, or 0.38 yuan per share, according to a Shanghai bourse filing on Tuesday.The attributable profit a year earlier was 7.67 billion yuan, or 0.36 yuan per share.Operating revenue jumped 14% to 19.6 million yuan from 17.1 million yuan in the previous year.The Chinese lender's shares dropped 4% during the morning trade Tuesday.

SHA:601169

Asia107d ago

Huayan Robotics Enters CNC-Cobot Deal With Syntec, Leantec

Guangdong Huayan Robotics (HKG:1021) signed a cooperation memorandum with Syntec Technology (Suzhou) and Suzhou Leantec Automation to jointly develop integrated "CNC + collaborative robots" applications, according to a Monday Hong Kong bourse filing.Shares of the robotics firm were down nearly 3% in Tuesday morning trade.The three parties aim to leverage complementary technologies and market access to promote the adoption of collaborative robots in CNC applications, targeting deployment of more than 10,000 units over 2026-2028.

HKG:1021

Asia107d ago

Sichuan Biokin Pharma's Q1 Loss Balloons Despite Revenue Growth; Shares Up 3%

Sichuan Biokin Pharmaceutical's (SHA:688506) attributable net loss ballooned to 774.6 million yuan in the first quarter from 531.4 million yuan a year earlier.Loss per share likewise widened to 1.88 yuan from 1.33 yuan, the pharmaceutical company said in a Shanghai bourse filing on Tuesday.Revenue, however, jumped 40% to 94.6 million yuan from 67.4 million yuan, which Biokin attributed to increased market demand for its products.Shares of the company fell nearly 3% in recent trade.

SHA:688506

Asia107d ago

Antipa Minerals Says Prefeasibility Study for Western Australia Copper-Gold Project on Track for September Quarter

Antipa Minerals (ASX:AZY) said the prefeasibility study for the Minyari copper-gold project in Western Australia is on track for completion in the September quarter, according to a Tuesday Australian bourse filing.The study's metallurgical testwork confirmed that the gold is free-milling and readily leachable through conventional carbon-in-leach processing, with gold recoveries ranging from 89% to 98%, and optimal grind sizes of around 75 micrometers to 106 micrometers.Its shares fell 1% in recent trading on Tuesday.

ASX:AZY

Asia107d ago

Montage Technology's Q1 2026 Profit Jumps 61%

Montage Technology (HKG:6809, SHA:688008) booked 847.4 million yuan in attributable profit for the first quarter of 2026, up 61% from 525.3 million yuan a year earlier, according to a Hong Kong bourse filing Monday.The Chinese chip designer's Shanghai shares fell 3% while Hong Kong shares gained 1% during Tuesday's morning trade.Earnings per share were 0.73 yuan, compared with 0.46 yuan in the prior year.Revenue rose 20% year on year to 1.46 billion yuan, figures showed.

HKG:6809SHA:688008

Asia107d ago

Star Entertainment Group Says Fiscal Q3 Revenue Falls 1%; Shares Down 3%

Star Entertainment Group (ASX:SGR) reported a fiscal third quarter revenue of AU$266 million, down from AU$268 million a year earlier, according to a Tuesday Australian bourse filing.The company also reported earnings before interest, taxes, depreciation, and amortization (EBITDA) loss of AU$1 million, before significant items, which was a 96% reduction on the the prior-year EBITDA loss of AU$24 million.The result for the three months ended March 31 reflects a seasonal softening in revenues and reduced levels of gaming visitation in Sydney, the company said. Its ability to continue as a going concern remains dependent on the outcome of numerous material uncertainties, some of which are interdependent and outside its control, it added.The company's shares were down nearly 3% in recent Tuesday trade.

ASX:SGR

Asia107d ago

361 Degrees International Eyes HK$618 Million via Top-Up Placement

361 Degrees International (HKG:1361) is looking to raise HK$618 million via top-up placement, according to a Hong Kong bourse filing Tuesday.Ming Rong International, a shareholder, plans to sell up to 100 million shares in the company to new investors at HK$6.18 apiece.The sportswear maker will then issue new shares to Ming Rong, which agreed to subscribe for the exact number of shares it would sell at the same price.Upon completion of the deals, Ming Rong's stake in 361 Degrees will fall to 15.11% from 15.85%.361 Degrees said deal proceeds will be used to expand its presence in overseas markets and beef up working capital.

HKG:1361

Asia107d ago

Macquarie Shares Rise After Consortium Agrees To Sell US Electric Utility

Macquarie Group's (ASX:MQG) shares were up 0.3% in recent trading on Tuesday after a consortium comprised of Macquarie Asset Management, British Columbia Investment Management, and Manulife Investment Management agreed to sell Cleco Group, a Louisiana-based regulated electric utility, to Stonepeak and Bernhard Capital Partners, according to a statement on Monday.The deal is subject to customary regulatory approvals. Upon close, Stonepeak will hold the majority interest in Cleco.

ASX:MQG

Asia107d ago

Fineos Up After Entering Partnership With Cloud-Based Medical Information Collection Platform

Fineos' (ASX:FCL) shares were up nearly 1% after the company said Monday that it entered a strategic partnership with Opifiny, a cloud-based platform that digitizes and streamlines medical information collection for underwriting, disability, and absence management.Under the collaboration, medical information collected through Opifiny will flow directly into Fineos claims and absence processes.Financial terms were not disclosed.

ASX:FCL

Asia107d ago

Sungrow Power Supply Q1 Profit Down 40%; Shares Fall 3%

Sungrow Power Supply (SHE:300274) posted first-quarter attributable net profit of 2.29 billion yuan, down 40% from 3.83 billion yuan the previous year.Earnings per share fell to 1.11 yuan from 1.85 yuan, according to a Tuesday filing with the Shenzhen bourse.Revenue declined 18% year over year to 15.6 billion yuan from 19.0 billion yuan.Shares of the solar photovoltaic inverter manufacturer slid 3% in recent trade.

SHE:300274

Asia107d ago

EPS Creative Health Renews Product Purchase Framework With Parent-Linked Supplier

EPS Creative Health Technology (HKG:3860) unit EP Trading entered into a framework purchase agreement with EPS Americas to procure laboratory consumables for three years through March 2029, according to a Monday Hong Kong bourse filing.Shares of the firm were up nearly 2% in Tuesday morning trade.The agreement replaces a prior arrangement that expired on March 31 and covers products, including animal testing consumables such as purified diets, bedding, cages, and related supplies.Proposed annual caps are set at HK$33 million for 2027, HK$36 million for 2028, and HK$39 million for 2029.EPS Americas is a subsidiary of the company's controlling shareholder, EPS Holdings, the filing said.

HKG:3860

Asia107d ago

Elsight Says Halo Connectivity Platform Granted US Blue List Status, Shares Up 5%

Elsight (ASX:ELS) said its Halo connectivity platform has been included in the US Department of War's Defense Contract Management Agency (DCMA) Blue List, a directory of approved National Defense Authorization Act (NDAA)-compliant unmanned aircraft systems and components, according to a Tuesday Australian bourse filing.The company said the clearance confirms that Halo meets the Department of War's standards for operational reliability, enabling US military units to procure Halo directly through the DCMA acquisition marketplace, bypassing traditional government acquisition cycles.The Blue List inclusion is expected to increase adoption and deployment velocity in US military and allied unmanned aircraft system (UAS) programs, the company added.The company's shares rose 5% in recent Tuesday trade.

ASX:ELS

Asia107d ago

NZX Midday Sector Update: Electronic Technology Advances, Industrial Services Decline

Electronic technology shares gained the most on New Zealand's Exchange, rising past 2% by midday Tuesday.Shares of ikeGPS Group (NZE:IKE, ASX:IKE) rose almost 5% in recent trade.On the flip side, the industrial services sector struggled, shedding nearly 4%.Ventia Services Group (NZE:VNT, ASX:VNT) shares fell 6% in recent trade.

^NZ50ASX:IKEASX:VNTNZE:IKENZE:VNT

Asia107d ago

Dreadnought Resources Completes Reverse Circulation Drilling at Western Australia Project

Dreadnought Resources (ASX:DRE) completed a reverse circulation drilling program covering about 4,800 meters at Metzke's Find, within the Illaara project in Western Australia, according to a Tuesday filing with the Australian bourse.The program was designed to add ounces to the resource along strike and at shallow depths, as well as upgrade more of the resource to the indicated category, the filing said.First results are expected to be received in May, per the filing.

ASX:DRE

Asia107d ago

Pateo Connect Technology to Raise HK$114 Million via Share Subscription

Pateo Connect Technology (Shanghai) (HKG:2889) plans to raise about HK$113.6 million in net proceeds through a share subscription, according to a Tuesday Hong Kong bourse filing.The company will issue 895,980 new shares at HK$127.35 each to The Triplex.The subscription represents about 1.19% of the company's existing issued H shares.The price reflects a discount of about 10% to the last closing price and about 10.2% to the five-day average.Net proceeds will be used for AI technology applications, product development, and business expansion, as well as working capital and general corporate purposes.

HKG:2889

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