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China Mengniu Dairy Logs Sharp Rise in 2025 Profit

China Mengniu Dairy (HKG:2319) recorded 1.55 billion yuan in attributable profit for 2025, a sharp rise from 105 million yuan in 2024, according to a Hong Kong bourse filing Monday.The dairy company's shares fell nearly 2% in late morning trade Tuesday.Earnings per share were 0.395 yuan, compared with 0.027 yuan in the prior year.Revenue fell 7.3% year on year to 82.2 billion yuan, figures showed.The company also proposed a final dividend of 0.52 yuan for the year.

HKG:2319

Asia149d ago

Changan Automobile Q1 Profit Down 74%, Revenue Slips 4%

Chongqing Changan Automobile (SHE:000625) posted first-quarter attributable net profit of 350.5 million yuan, down 74% from 1.35 billion yuan the previous year.Earnings per share fell to 0.04 yuan from 0.14 yuan, according to a Tuesday filing with the Shenzhen bourse.Revenue declined 4.3% year over year to 32.7 billion yuan from 34.2 billion yuan.Shares of the automobile company were down 1% in recent trade.

SHE:000625

Asia149d ago

Liwanli Innovation Logs NT$114 Million Profit in Q1; Shares Tank 10%

Liwanli Innovation (TPE:3054) posted a profit attributable to owners of NT$113.8 million, or NT$1.41 per basic share, for the first quarter, according to a Monday Taiwan bourse filing.Shares slumped 10% in Tuesday's midday trade.The company did not provide comparative figures for the year-ago period.Operating revenue stood at NT$135.9 million, the healthcare technology company said.

TPE:3054

Asia149d ago

AsiaInfo Technologies Posts Narrower Q1 Loss

AsiaInfo Technologies (HKG:1675) posted a net loss of about 308 million yuan for the first quarter, narrowing 14% from a year earlier, according to a Monday Hong Kong bourse filing.Shares of the firm were down nearly 3% in late morning trade on Tuesday.Revenue fell 6.9% to about 994 million yuan.The company attributed the loss to seasonal procurement cycles, business restructuring, and one-off workforce optimization costs, while noting improved operating margins.

HKG:1675

Asia149d ago

COSCO Shipping Energy's Profit Rises Sharply in Q1

COSCO Shipping Energy Transportation (HKG:1138, SHA:600026) recorded 2.17 billion yuan in attributable profit during the first quarter of 2026, more than triple the 708.5 million yuan recorded a year earlier, according to a Hong Kong bourse filing Monday.The Chinese shipping company's Hong Kong-listed shares fell over 3% in late morning trade Tuesday.Earnings per share were 0.3971 yuan, compared with 0.1485 yuan in the prior year.Revenue jumped 27% year on year to 7.30 billion yuan, figures showed.

HKG:1138SHA:600026

Asia149d ago

St George Mining Developing Technology to Separate Cerium, Lanthanum From Brazil Project Rare Earths

St George Mining (ASX:SGQ) is developing proprietary technology to separate cerium and lanthanum from the rare earths mineralization from the Araxa project in Brazil, according to a Tuesday Australian bourse filing.The separated cerium will then be available for manufacture of a commercial cerium product, the filing said. The company will collaborate with Nanum Nanotecnologia on the commercialization of the cerium component in the large rare earths resource.The company acquired land at Araxa for the potential construction of new facilities, per the filing.St George Mining's shares rose nearly 2% in recent trading on Tuesday.

ASX:SGQ

Asia149d ago

GoFintech Innovation Co-CEO Resigns

GoFintech Innovation's (HKG:0290) co-chief executive Zhang Huachen resigned from the role to give time to other business commitments, the firm said in a Hong Kong bourse filing Monday.The securities brokerage's shares gained 1% in late morning trade Tuesday.With Zhang's departure, Yuan Tianfu was re designated as the sole chief executive of the company.

HKG:0290

Asia149d ago

Yanghe Brewery Q1 Profit Down 33%, Revenue Slides 26%

Jiangsu Yanghe Brewery (SHE:002304) posted first-quarter attributable net profit of 2.45 billion yuan, down 33% from 3.64 billion yuan the previous year.Earnings per share fell to 1.6241 yuan from 2.4144 yuan, according to a Tuesday filing with the Shenzhen bourse.The liquor company's revenue declined 26% year over year to 8.19 billion yuan from 11.1 billion yuan.

SHE:002304

Asia149d ago

Shui On Land Unit to Issue $150 Million in Debt

Shui On Land (HKG:0272) said its Shui On Development unit plans to issue $150 million in offshore debt, according to a Hong Kong bourse filing Monday.The property developer's shares fell nearly 2% in late morning trade Tuesday.The debt will be offered as 9.75% senior notes due 2029 and guaranteed by the group.The notes will be listed in Singapore and proceeds raised will be used to refinance the company's existing borrowings.

HKG:0272

Asia149d ago

Shenzhen Dobot Completes A Share Listing Filing in China

Shenzhen Dobot (HKG:2432) completed the A share listing filing to go public in China, the firm said in a statement to the Hong Kong bourse Monday.The robotics services company's shares fell nearly 1% in late morning trade Tuesday.The firm submitted application materials in regards to the proposed A share offering on the ChiNext Market of the Shenzhen Stock Exchange.The filing was accepted by the exchange, the firm said.

HKG:2432

Asia149d ago

Daido to Raise HK$11 Million via Share Subscription; Shares Rise 14%

Daido Group (HKG:0544) aims to raise net proceeds of about HK$11.4 million through a subscription of new shares under its general mandate, according to a Monday Hong Kong bourse filing.Shares of the warehouse, logistics, and trading company rose nearly 14% in morning trade Tuesday.The company agreed to issue about 5.8 million subscription shares at HK$2.00 each.The subscription price represents a premium of about 13.6% to the stock's last close and about 14.3% to the five-day average closing price, the filing showed.Proceeds will be used mainly for debt repayment and general working capital.

HKG:0544

Asia149d ago

Nine Entertainment Shares Slide After Australian Government Opens Consultation on News Bargaining Incentive

Nine Entertainment (ASX:NEC) shares fell nearly 1% in recent Tuesday trade after the Australian government opened a consultation on draft legislation to establish a News Bargaining Incentive, a policy framework designed to force major digital platforms like Meta, Google, and TikTok to pay for Australian news content.Nine Entertainment is the publisher of The Australian Financial Review and has a current commercial agreement with Google, according to an AFR report.In a Tuesday statement announcing the consultation, the government said it encourages digital platforms to enter commercial deals with news publishers "as the preferred model." However, platforms who decide not to do so will be required to pay a charge as a proportion of their revenue, with the collected levies distributed back into the news media sector.The initiative, which comes after Meta said it would not renew its commercial deals, proposes a 2.25% tax on the revenue of tech companies that do not negotiate agreements, AFR reported.Submissions on the government's consultation close on May 18.

ASX:NEC

Asia149d ago

SouthGobi Resources Awards Construction Contract For Coal Separation Build in Mongolia

SouthGobi Resources (HKG:1878) awarded 53.8 million yuan contract to Tangshan Shenzhou Manufacturing Group for the construction of a new dry coal separation system at its mine in Mongolia, according to a Hong Kong bourse filing Monday.Shares of the coal miner gained nearly 6% in late morning trade Tuesday.The dry coal separate system will be a stand-alone plant at the Ovoot Tolgoi mine and will not form part of the company's existing dry processing plants, SouthGobi said.Construction will last for three months.

HKG:1878

Asia149d ago

Shenghui Cleanness in Talks to Acquire 70% Stake in Technology Company from Shareholder

Shenghui Cleanness Group (HKG:2521) is in talks to acquire a 70% stake in Huali Digital Technology (Guangdong) from its substantial shareholder, the firm said in a Monday Hong Kong bourse filing.The cleaning services company's shares gained 1% in late morning trade Tuesday.The target is mainly engaged in applying new technologies such as IoT, big data, and artificial intelligence to provide one-stop solutions, including the development of software systems and related services.The stake to be acquired is ultimately owned by Dongguan Huali Industries (SHA:603038), which also owns 19% of Shenghui Cleanness Group.The firm said it was still in talks for the stake acquisition and will inform markets if a deal is finalized.

HKG:2521SHA:603038

Asia149d ago

Gold Hydrogen Says to Start Flow Test at South Australia Project

Gold Hydrogen (ASX:GHY) is set to start a flow test program at the Ramsay project in South Australia, with equipment mobilization scheduled for late May and flow testing operations scheduled to start by late June, according to a Tuesday Australian bourse filing.The company said the flow test campaign will undertake separate zonal testing of discrete natural hydrogen and helium-bearing formations, following subsurface indicators, including soil gas results of up to 2,160 parts per million natural hydrogen, about 4,000 times atmospheric background, across the Ramsay project area.Phase one fluid inclusion studies across the company's high-grade exclusive application areas support the presence of regionally extensive natural hydrogen and helium generation systems across Gold Hydrogen's 77,292-square-kilometer tenement portfolio, the filing added.In parallel with the flow test program, the company is working with Worley (ASX:WOR) to assess early development, including the potential to fast-track a helium development at Ramsay to supply the Australian domestic market and enhance Australia's sovereign helium capability, it added.The company's shares fell 1% in recent Tuesday trade.

ASX:GHYASX:WOR

Asia149d ago

DevEx Resources Continues Field Mapping, Geochemical Sampling Programs at Northern Territory Uranium Project

DevEx Resources (ASX:DEV) said ongoing field mapping and surface geochemical sampling programs across the expanded Nabarlek tenement package in the Northern Territory helped refine its understanding of uranium-bearing structures and associated pathfinder geochemistry, according to a Tuesday Australian bourse filing.It plans to conduct a drilling campaign at the project starting in the June quarter. DevEx is also preparing drill permit applications for lodgement with the Northern Territory regulator to cover target areas at the Murphy West project.It continues to progress the acquisition of Alligator Energy's uranium tenement package, with completion expected during the current quarter.

ASX:DEV

Asia149d ago

Ballard Mining Identifies Gold Mineralization at Western Australia Project

Ballard Mining (ASX:BM1) said it intersected gold mineralization during a recent drilling at the Ayla and Golden Vale prospects of its Mt Ida Gold Project in Western Australia, according to a Tuesday Australian bourse filing.The results were up to 3 meters at 5.2 grams per tonne (g/t) gold from 17 meters and 3 meters at 8.5 g/t gold from 35 meters at Ayla, while Golden Vale returned 7 meters at 1 g/t gold from 13 meters, the filing added.The company said the results suggest that the entire 13 kilometers of the Ballard Fault zone may be mineralized, with the identification of new shallow mineralized zones showing potential to add significant scale.The company's shares fell past 1% in recent Tuesday trade.

ASX:BM1

Asia149d ago

Bio Port Korea Returns to Profit in Q1

Bio Port Korea (KOSDAQ:188040) posted first-quarter net income of 710 million won, rebounding from a net loss of 34 million won a year earlier, according to a Tuesday filing with the Korea Exchange.The South Korean health functional foods company's sales revenue jumped 27% year over year to 21.4 billion won from 16.9 billion won.Shares of Bio Port Korea rose more than 2% in recent trade.

KOSDAQ:188040

Asia149d ago

Yanghe Brewery 2025 Profit Falls 67%, Revenue Slips 33%

Jiangsu Yanghe Brewery (SHE:002304) posted 2025 attributable net profit of 2.21 billion yuan, down 67% from 6.67 billion yuan the previous year.Earnings per share fell to 1.4644 yuan from 4.4299 yuan, according to a Tuesday filing with the Shenzhen bourse.The liquor company's revenue declined 33% year over year to 19.2 billion yuan from 28.9 billion yuan.

SHE:002304

Asia149d ago

Resolution Minerals Produces Tungsten Trioxide Concentrates Via Preliminary Gravity Separation Test Work, Shares Up 4%

Resolution Minerals (ASX:RML) produced concentrates of 52.3% tungsten trioxide via preliminary gravity separation test work on tungsten composite samples, assaying 1.85% grade of tungsten trioxide, from stockpiles at the Johnson Creek mill site, sourced from the historical mining at the Golden Gate tungsten mine in Idaho, according to a Tuesday Australian bourse filing.Heavy liquid separation scoping tests on the tungsten composite samples achieved a grade of 52.3% of tungsten trioxide with a recovery of 75.5%.Its shares rose 4% in recent trading on Tuesday.

ASX:RML

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