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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

Asia148d 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

Asia148d 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

Asia148d ago

Mencast, Salt Investments to Deliver Integrated Oily-Waste Management Services

Mencast (SGX:5NF) unit Mencast Offshore & Marine and Salt Investments (SGX:FQ7) subsidiary Prosper Excel Engineering agreed to deliver integrated oily-waste management services, according to a Tuesday filing with the Singapore Exchange.Shares of Mencast were up nearly 1% in Wednesday trading.The collaboration, initially focused on the Singapore maritime sector, will combine Salt's customer network and Mencast's advanced marine-waste treatment infrastructure to create a fully integrated value chain.The tie-up will run for an initial period of two years, with an option to extend for another two, the filing said.

SGX:5NFSGX:FQ7

Asia148d ago

Zhongjin Gold's Attributable Profit Rises 129% in Q1; Shares Jump 3%

Zhongjin Gold's (SHA:600489) attributable profit jumped 129% to 2.38 billion yuan in the first quarter from 1.04 billion yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.Earnings per share at the non-ferrous metals miner increased 133% to 0.49 yuan from 0.21 yuan in the prior-year period.Operating revenue grew 52% year over year to 22.6 billion yuan from 14.9 billion yuan.Shares increased 3% during the midday break on Wednesday.

SHA:600489

Asia148d ago

Hong Kong Exchanges and Clearing's Profit Rises 27% in Q1

Hong Kong Exchanges and Clearing (HKG:0388) posted profit attributable to shareholders of HK$5.19 billion for the first quarter, up 27% from HK$4.08 billion a year earlier, according to a Wednesday Hong Kong bourse filing.Earnings per share at the exchange operator came in at HK$4.09, compared with HK$3.22 a year earlier.Revenue and other income rose 20% to HK$8.20 billion from HK$6.86 billion in the prior-year period.

HKG:0388

Asia148d ago

Update: 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, 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).The company's shares were down nearly 1% in recent trade.

BOM:500124BOM:544292NSE:DRREDDYNSE:ONESOURCE

Asia149d ago

Shoucheng Invests in Chinese Public Housing REIT

Shoucheng (HKG:0697) said it invested in a public housing real estate investment trust in China, according to a Hong Kong bourse filing Wednesday.The infrastructure asset management firm invested in AVIC Beijing Changping Public Housing REIT, which holds the Yanlan Xinchen, Guorui Xiyuan, and the Weilai Rongshang Jiayuan projects as its underlying assets.The projects are located in Beijing's Changping district.

HKG:0697

Asia149d ago

Nickel Industries Reports Higher March Quarter Adjusted EBITDA From Operations; Shares Hit Three-Year High

Nickel Industries (ASX:NIC) said its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) from operations came in at $135.6 million for the three months ended March 31, according to a Wednesday Australian bourse filing.The company's adjusted EBITDA from operations for the March 2025 quarter was $97.3 million, according to an earlier filing.Ore production from the company's mining operations came in at nearly 4 million wet metric tonnes, compared with 5.6 million wet metric tonnes produced in the same quarter in the previous year.The company produced 30,264 tonnes of nickel from its rotary kiln electric furnace project during the March quarter, compared with 31,793 tonnes produced in the year-ago period.The attributable production from HPAL operations was 2,153 tonnes in the March quarter, compared with 2,118 tonnes in the prior corresponding period.Nickel Industries' shares advanced 4% in recent trading on Wednesday and earlier hit their highest since February 2023.

ASX:NIC

Asia149d ago

Gotion High-tech 2025 Profit Up 97%; Shares Down 3%

Gotion High-tech (SHE:002074) posted 2025 attributable net profit of 2.38 billion yuan, up 97% from 1.21 billion yuan the previous year.Earnings per share rose to 1.32 yuan from 0.68 yuan, according to a Wednesday filing with the Shenzhen bourse.Operating revenue went up 27% year over year to 45.1 billion yuan from 35.4 billion yuan.Shares of the battery maker were down 3% in recent trade.

SHE:002074

Asia149d ago

GD Power Development's Q1 Profit Drops 23%, Revenue Slips 2%

GD Power Development's (SHA:600795) net profit attributable to shareholders in the first quarter dropped 23% to 1.40 billion yuan from 1.81 billion yuan a year earlier, according to a Shanghai bourse filing on Wednesday.Earnings per share declined 24% year on year to 0.078 yuan from 0.102 yuan.Operating revenue slipped 1.6% to 39.2 billion yuan from 39.8 billion yuan in the previous year.The Chinese power company's shares slid 1% during the midday trade.

SHA:600795

Asia149d ago

Geely Automobile's Profit Drops 27% in Q1

Geely Automobile Holdings (HKG:0175) posted profit attributable to owners of the parent of 4.17 billion yuan for the first quarter, down 27% from 5.67 billion yuan a year earlier, according to a Wednesday Hong Kong bourse filing.Revenue rose 15% to 83.8 billion yuan from 72.7 billion yuan in the prior-year period.The company's car sales rose 1% year over year to 709,358 units in Q1.

HKG:0175

Asia149d ago

Fortress Minerals Returns to Profit in Fiscal Q4; Shares Up 4%

Fortress Minerals (SGX:OAJ) booked an attributable profit to owners of $902,953 in the fiscal fourth quarter ended Feb. 28, against an attributable loss of $974,379 a year earlier, according to a Tuesday filing with the Singapore Exchange.Shares of the mineral exploration company were up 4% in Wednesday morning trade.Earnings per share came in at $0.0017 compared with a loss per share of $0.0019 in the year-ago period.Revenue declined 25% year over year to $13.5 million from $18.0 million.

SGX:OAJ

Asia149d ago

JCET's Q1 Profit Jumps 43%, Revenue Slips 2%

JCET's (SHA:600584) net profit attributable to shareholders in the first quarter jumped 43% to 290.3 million yuan from 203.4 million yuan a year earlier, according to a Shanghai bourse filing on Wednesday.Earnings per share rose 45% year on year to 0.16 yuan from 0.11 yuan.Operating revenue slipped 1.8% to 9.17 billion yuan from 9.34 billion yuan in the preceding year.The shares of the Chinese integrated circuit manufacturer dropped less than 3% during midday trade.

SHA:600584

Asia149d ago

Update: G8 Education to Suspend Operation of Around 40 Centers, Shares Reach 16-Year Low

(Updates to add the stock movement in the sixth paragraph)G8 Education (ASX:GEM) plans to suspend the operation of around 40 of its centers as a result of an assessment of its network, according to a Wednesday Australian bourse filing.It will transition customers to one of the nearby centers and, where possible, redeploy team members. The firm will then consider longer-term options for those centers, including lease surrender, divestment, or other alternatives.The firm will also reorganize its support office structure and reduce its cost base.Its current spot occupancy as of April 24 came in at 56.4%, down 7% year-over-year, while year-to-date occupancy was 56.1%, down 7.9% versus the prior corresponding period.Occupancy across the early childhood education and care sector is lower compared to previous years due to sustained affordability pressures, falling birth rates, increased long-day care supply, and confidence impacted by serious child safety incidents, the filing noted.Its shares fell 25% in recent trading on Wednesday, earlier reaching a 16-year low.

ASX:GEM

Asia149d ago

Fosun Pharmaceutical Reports 14% Higher Profit in Q1

Shanghai Fosun Pharmaceutical (SHA:600196, HKG:2196) logged a 14% rise in its attributable profit for the first quarter of 2026 to 870.8 million yuan from 764.8 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The pharmaceutical company's Hong Kong shares fell nearly 2% in late morning trade Wednesday.Earnings per share were 0.33 yuan, compared with 0.29 yuan in the prior year.Operating revenue gained nearly 7% to 10.1 billion yuan, figures showed.

HKG:2196SHA:600196

Asia149d ago

Alphamab Oncology Swings to Loss in 2025

Alphamab Oncology (HKG:9966) logged 113.9 million yuan in attributable loss for 2025, swinging from a profit of 166.3 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The cancer therapy developer's shares fell by more than 3% in late-morning trade on Wednesday.Loss per share was 0.12 yuan, compared with earnings of 0.17 yuan in the prior year.Revenue fell to 566.2 million yuan from 640.1 million yuan in 2024, figures showed.

HKG:9966

Asia149d ago

Juhua's Q1 Profit Jumps 46%, Revenue Up 4%

Zhejiang Juhua's (SHA:600160) net profit attributable to shareholders in the first quarter jumped 46% to 1.17 billion yuan from 803.8 million yuan a year earlier, according to a Shanghai bourse filing on Wednesday.Earnings per share rose year on year to 0.434 yuan from 0.298 yuan.Operating revenue climbed 3.8% to 6.02 billion yuan from 5.80 billion yuan in the previous year.The Chinese chemical product manufacturer's shares rose 1% during the midday trade.

SHA:600160

Asia149d ago

New Silkroad Enters HK$138 Million Share Sale Agreement; Shares Jump 26%

New Silkroad (HKG:0472) said it agreed to issue HK$137.9 million worth of shares to six investors, according to a Hong Kong bourse filing Tuesday.The wine producer's shares jumped nearly 26% in late morning trade Wednesday.The firm plans to issue 641.5 million shares priced at HK$0.215 each to raise funds to expand its smart seed and semiconductors supply chain businesses.The shares represent 20% of the company's issued share capital, and 16.67% as enlarged by the sale.

HKG:0472

Asia149d ago

CNGR Advanced Material Records 81% Jump in Q1 Profit

CNGR Advanced Material (HKG:2579, SHE:300919) logged 555.3 million yuan in attributable profit for the first quarter of 2026, up 81% from 307.6 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The new energy materials company's Hong Kong shares gained nearly 5% in midday trade on Wednesday.Earnings per share were 0.52 yuan, compared with 0.33 yuan in the prior year period.Operating revenue jumped 46% to 15.75 billion yuan, figures showed.

HKG:2579SHE:300919

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