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Greatview Aseptic Packaging's 2025 Profit Falls 81%

Greatview Aseptic Packaging (HKG:0468) booked 52.7 million yuan in attributable profit for 2025, down 81% from 270.2 million yuan in 2024, according to a Hong Kong bourse filing Tuesday.Shares of the firm remained suspended from trading.Earnings per share were 0.04 yuan, compared with 0.19 yuan in the prior year.Revenue fell 17% year on year to 1.86 billion yuan, figures showed.The firm proposed a final dividend of HK$0.006 per share for the year, payable Aug. 6 to shareholders of record on July 7.

HKG:0468

Asia153d ago

Samsung Electronics Launches Induction Cooktop with Built-in Hood

Samsung Electronics (KRX:005930) unveiled a hood-integrated induction cooktop under its Infinite premium appliance line, the electronics products maker said in a Wednesday release.The product comes with a centrally built-in hood that removes smoke and odors from below, along with a heat output of up to 7,400W across all burners.It comes in Satin Black and is priced at 4.79 million won, the release said.Shares of Samsung Electronics fell nearly 1% in recent trade.

KRX:005930

Asia153d ago

Freelancer Posts Positive Net Profit, Lower Revenue in Q1; Shares Up 8%

Freelancer (ASX:FLN) said unaudited net profit before tax was positive in the first quarter even as group revenue fell 9.4% year on year to AU$12.7 million, according to a Wednesday Australian bourse filing.Group gross merchandise value rose 14% to AU$263.3 million, the filing said. Cash flow was negative AU$1.7 million versus positive AU$2.2 million in the prior corresponding period, with cash and equivalents down 18% to AU$20.8 million.The company's shares rose 8% in recent Wednesday trade.

ASX:FLN

Asia153d ago

Tata Elxsi's Net Profit Rises in Fiscal Q4

Tata Elxsi's (NSE:TATAELXSI, BOM:500408) net profit rose to 1.55 billion Indian rupees in the fiscal fourth quarter ended March 31 from 1.72 billion rupees a year ago.Earnings per share came in at 35.37 rupees from 27.68 rupees a year earlier, according to a Tuesday filing to the stock exchanges by the design and technology services provider. The EPS was higher than the 30.65 rupees estimated by the analysts polled by Visible AlphaRevenue from operations in fiscal Q4 also increased to 10.4 billion rupees from 9.51 billion rupees a year ago. This was also higher than Visible Alpha's estimate of 9.53 billion rupees.The company's board also recommended a dividend of 75 rupees per equity share of 10 rupees each for the financial year ended March 31.

BOM:500408NSE:TATAELXSI

Asia153d ago

Keppel Infrastructure Trust Proposes Issue of SG$200 Million Worth of Bonds

Keppel Infrastructure Trust (SGX:A7RU) proposed the issue of SG$200 million worth of 2.80% bonds due 2033 under its SG$3 billion multicurrency debt issuance program, according to a Tuesday filing with the Singapore Exchange.DBS Bank, Oversea-Chinese Banking Corp. or OCBC (SGX:O39) and United Overseas Bank (SGX:U11) were the joint lead managers of the Series 006 bonds, which will mature on April 28, 2033.The bonds are expected to be issued on April 28.Net proceeds from the issue will be used for financing or refinancing acquisitions and investments, asset enhancement, general working capital and for refinancing the borrowings of the group.

SGX:A7RUSGX:O39SGX:U11

Asia153d ago

Singapore Exchange Proposes Disclosures for Dividend, Other Policies

Singapore Exchange (SGX:S68) is eyeing public feedback on amendments to rules for disclosures in order to boost shareholder value, according to a Wednesday filing with the Singapore Exchange.The new proposed rules would require companies to report key performance metrics to determine board and key management salaries, maintain and disclose a dividend policy in annual reports and to have an updated investor engagement website.

SGX:S68

Asia153d ago

Harmoney Affirms Fiscal 2026 Cash Net Profit After Tax Guidance

Harmoney (ASX:HMY) affirmed its fiscal 2026 cash net profit after tax guidance of AU$13 million, a 128% increase from last year's actual result of AU$5.7 million, according to a Wednesday filing with the Australian bourse.Originations rose 29% to AU$370 million in the nine months ended March 31 from AU$287 million in the same period last year, the filing said.The loan book also grew to AU$879 million from AU$798 million, representing a 10% increase.Shares rose 1% in midday trade Wednesday.

ASX:HMY

Asia153d ago

Lingbao Gold Expects Flat Q1 Profit

Lingbao Gold (HKG:3330) expects to post a net profit of not less than 250 million yuan for the first quarter of 2026, broadly stable from a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the gold miner were up nearly 1% in Wednesday morning trade.The company said steady operations and higher gold prices supported performance during the period.However, profit was offset by a non-cash loss of about 260 million yuan from fair value changes in convertible bonds, the filing said.The firm said the impact is one-off in nature and does not affect underlying operations or cash flow.

HKG:3330

Asia153d ago

Macquarie Group Falls on 125 Million Euros Lyntia Financing Deal

Shares of Macquarie Group (ASX:MQG) fell around 4% in Wednesday trading after the company said on Tuesday that its Macquarie Asset Management unit had provided 125 million euros in senior term loan financing to telecom infrastructure operator lyntia as part of a broader 1.4 billion euros funding package to support the company's expansion in the Iberian Peninsula.Lyntia plans to use the funds to meet the increasing demand for digital infrastructure across the region.The transaction was executed by Macquarie Asset Management's credit and insurance division, a global platform offering a wide range of solutions across private credit, liquid credit, and insurance.

ASX:MQG

Asia153d ago

MoneyMe Posts 43% Rise in Fiscal Q3 Loan Originations; Shares Up 12%

MoneyMe (ASX:MME) said loan originations for the fiscal third quarter reached AU$325 million, up 43% from AU$227 million a year earlier, with the loan book growing 29% to AU$1.9 billion, according to a Wednesday Australian bourse filing.The company said gross revenue for the three months to March 31 was AU$62 million, up 17% from AU$53 million in the prior corresponding period, with risk-adjusted net interest margin improving to 2.4% from 1.6%.Net credit losses improved to 2.6% from 3.7%, while 90-plus day arrears decreased to 84 basis points from 131 basis points in the prior corresponding period, the filing added.The company's shares rose almost 12% in recent Wednesday trade.

ASX:MME

Asia153d ago

China Conch Venture's Profit Rises 11% in 2025

China Conch Venture (HKG:0586) posted a profit attributable to equity shareholders of 2.25 billion yuan for 2025, up 11% from 2.02 billion yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the environmental protection company were down nearly 2% in Wednesday morning trade.Earnings per share came in at 1.32 yuan, compared with 1.17 yuan in the prior year.Revenue rose 4% to 6.55 billion yuan from 6.27 billion yuan in 2024.The board proposed a final dividend of HK$0.30 per share, bringing the total dividend for the year to HK$0.40 per share.

HKG:0586

Asia153d ago

Wens Foodstuff Falls to Q1 Loss, Revenue Up 0.3%

Wens Foodstuff (SHE:300498) posted first-quarter attributable net loss of 1.07 billion yuan, compared with a profit of 2.01 billion yuan the previous year.Loss per share stood at 0.1610 yuan, versus earnings per share of 0.2904 yuan last year, according to a Wednesday filing with the Shenzhen bourse.Operating revenue inched up 0.3% year over year to 24.5 billion yuan from 24.4 billion yuan.Shares of the chicken and pig product producer were up 2% in recent trade.

SHE:300498

Asia153d ago

Jia Yao Launches Cannabidiol Business; Shares Jump 11%

Jia Yao (HKG:1626) has launched a cannabidiol business focused on procurement and export, according to a Tuesday Hong Kong bourse filing.Shares of the paper cigarette packaging supplier were up over 11% in Wednesday morning trade.Jia Yao said it has obtained the necessary licenses for the business, including permits related to non-drug precursor chemicals and dual-use export items, allowing it to operate legally.The company said the business is at an early stage but has already secured trade contracts and generated initial revenue.Jia Yao plans to expand into downstream products such as beauty, personal care, and pet healthcare, while exploring research and development partnerships.

HKG:1626

Asia153d ago

Ningbo Orient Wires & Cables' Q1 Profit Jumps 32%, Revenue Rises 34%; Shares Up 10%

Ningbo Orient Wires & Cables' (SHA:603606) net profit attributable to shareholders in the first quarter jumped 32% year on year to 371.5 million yuan, or 0.54 yuan per share, according to a Shanghai bourse filing on Wednesday.The attributable profit a year earlier was 280.9 million yuan, or 0.41 yuan per share.Operating revenue climbed 34% to 2.88 billion yuan from 2.15 billion yuan in the prior year.The Chinese wire and cable producer's shares surged 10% in the morning trade.

SHA:603606

Asia153d ago

Market Chatter: Cathay Pacific Airways Planning HK$2 Billion Bond Raise

Cathay Pacific Airways (HKG:0293) is planning to raise HK$2 billion via a Hong Kong dollar bond offering, Reuters reported Tuesday.The airline plans to begin the bond deal on Wednesday which could include a three or five-year fixed rate, or possibly both, Reuters reported, citing the offering's term sheet.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0293

Asia153d ago

Huaqin Technology Prices Hong Kong IPO to Raise Up to HK$4.6 Billion

Huaqin Technology (HKG:3296, SHA:603296) set the offer price for its Hong Kong initial public offering at HK$77.70 per share, according to a Tuesday Hong Kong bourse filing.The China-based smart hardware products manufacturer is offering 58.5 million Hong Kong-listed shares, seeking to raise up to about HK$4.55 billion from the deal.The company expects to announce the results of the international offering and the Hong Kong public offering, along with allocation details, on Wednesday.Trading in the shares is scheduled to begin on Thursday, with shares to be traded in board lots of 100.

HKG:3296SHA:603296

Asia153d ago

CITIC Metal's Q1 Profit Soars 141%, Revenue Jumps 53%; Shares Up 10%

CITIC Metal's (SHA:601061) net profit attributable to shareholders in the first quarter soared 141% year on year to 1.38 billion yuan, or 0.28 yuan per share, according to a Shanghai bourse filing on Wednesday.Operating revenue jumped 53% to 43.2 billion yuan from 28.2 billion yuan in the previous year.The Chinese iron ore company's shares surged 10% in the morning trade.

SHA:601061

Asia153d ago

TEPCO Secures Fresh Funding Support From NDF for Compensation Payments

Tokyo Electric Power (TYO:9501) (TEPCO) said it received 4.7 billion yen in grants from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation under a revised business plan approved in March, according to a Wednesday filing on the Tokyo Stock Exchange.The funding follows the company's latest request as compensation payments linked to the nuclear accident were set to exceed previously secured amounts by the end of May.TEPCO has received a cumulative 188.9 billion yen in indemnity payments and 11.5 trillion yen in grants from the NDF to date. The utility said the additional support will be used to continue compensation payouts to those affected by the disaster.

TYO:9501

Asia153d ago

Baosight's Q1 Profit Drops 14%, Revenue Rises 4%; Shares Up 3%

Shanghai Baosight Software's (SHA:600845, SHA:900926) net profit attributable to shareholders in the first quarter fell 14% year on year to 381.3 million yuan, or 0.133 yuan per share, according to a Shanghai bourse filing on Wednesday.The attributable profit a year earlier was 444.6 million yuan, or 0.154 yuan per share.Operating revenue rose 4.2% to 2.64 billion yuan from 2.54 billion yuan in the previous year.The software company's A shares jumped 3% during the morning trade.

SHA:600845SHA:900926

Asia153d ago

Praemium Posts Higher Total Funds Under Administration in Fiscal Q3; Shares Up 3%

Praemium (ASX:PPS) posted total funds under administration (FUA) of AU$73.7 billion in the fiscal third quarter, up 18% from AU$62.33 billion in the same period last year, according to a Wednesday filing with the Australian bourse.Platform FUA in the three months ended March 31 rose 7% to AU$32.21 billion from AU$30 billion last year, the filing said.The platform recorded net inflows of AU$598 million for the quarter, compared with AU$364 million a year earlier, per the filing.Shares rose nearly 3% in morning trade Wednesday.

ASX:PPS

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