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Yidu Tech Affiliate Wins Infectious Disease Monitoring Project in China

Yidu Tech (HKG:2158) said its affiliate secured an infectious disease monitoring and warning project in China's Hainan province, according to a Monday Hong Kong bourse filing.The contract, valued at about 12.9 million yuan, was awarded to Yidu Cloud (Beijing) Technology.

HKG:2158

Asia162d ago

Formosa Plastics' Revenue Edges Up in March; Shares Rally 9%

Formosa Plastics (TPE:1301) logged consolidated revenue of NT$17.4 billion for March, up 1.5% from a year earlier, according to a Friday Taiwan Exchange filing.Shares jumped about 9% in Monday's afternoon trade.Monthly, the revenue surged 61.6%, driven by higher sales volume and prices following fewer working days in the prior month due to the Lunar New Year holiday.The company said demand improved as customers restocked amid supply concerns linked to the US-Iran conflict, while stronger crude oil and petrochemical prices lifted product pricing.However, price gains were partly offset on an annual basis by lower average selling prices for key products such as PVC, polyethylene and caustic soda, as well as a stronger Taiwan dollar, it said.

TPE:1301

Asia162d ago

Sunner Development's 2025 Profit Soars 91%, Revenue Rises 8%

Fujian Sunner Development's (SHE:002299) net profit attributable to shareholders in 2025 soared 91% year on year to 1.38 billion yuan, or 1.12 yuan per share, according to a Shenzhen bourse filing on Monday.The attributable profit a year earlier was 724.3 million yuan, or 0.59 yuan per share.Operating revenue rose 8.1% to 20.1 billion yuan from 18.6 billion yuan in the previous year.The chicken product manufacturer's shares rose less than 2% during the midday trade.

SHE:002299

Asia162d ago

Centaurus Metals Receives Non-Binding Offers of Up to $320 Million to Finance Brazil Nickel Development

Centaurus Metals (ASX:CTM) received multiple proposals of over $250 million to fund the development of its Jaguar Nickel Sulphide Project in northern Brazil, including non-binding offers for up to $320 million, according to a Monday filing with the Australian bourse.The company received the interest after soliciting proposals from a group of international financiers, including the Brazilian National Development Bank from which it received a letter of intent, per the filing.Centaurus Metals is in the process short-listing preferred financiers ahead of planned site visits and due diligence. The company said it plans to name a preferred financier or syndicate in the third quarter to coincide with a final investment decision on the project.Centaurus shares gained nearly 1% in recent Monday trading.

ASX:CTM

Asia162d ago

GHV Infra Projects Cliches INR12.5 Billion Construction Contract from Apco Infratech

GHV Infra Projects (BOM:505504) has secured an order worth 12.5 billion Indian rupees from Apco Infratech, according to a BSE filing on Sunday.The company's shares were up over 2% in recent trade on Monday.The contract is for the execution of construction works, including survey, design, engineering, procurement, construction, supply of plant and materials, maintenance, temporary works, and all other activities necessary for completion of the project in connection with the development of expressway connectors from Jalna to Nanded in Maharashtra, India.The construction period for the project is estimated to be 30 months.

BOM:505504

Asia162d ago

Haisco Pharmaceutical Expects Q1 Profit to Skyrocket to 1,095%; Shares Up 3%

Haisco Pharmaceutical (SHE:002653) expects its net profit attributable to shareholders in the first quarter surge between 923% and 1,095% year on year to 477 million yuan to 557 million yuan, according to a Shenzhen bourse filing on Monday.Earnings per share during the same period is expected to be between 0.43 yuan and 0.50 yuan.The attributable profit a year earlier was 46.6 million yuan, or 0.04 yuan per share.The pharmaceutical company's shares jumped less than 3% during the midday trade.

SHE:002653

Asia162d ago

Market Chatter: Singapore Equities Showcase Resilience Amid Global Volatility

Singapore's stocks are expected to reclaim their record high, amid global volatility due to conflict in the Middle East, according to a report by Bloomberg on Monday.While the APAC region has been impacted by the US-Iran war, with global energy prices soaring, Singapore's dollar has been outperforming its regional peers. The city-state's Equity Market Development Program and the key constituents of its main index have added to the appeal, according to the report.According to Daniel Lau, a fund manager at Eastspring Investments, the Equity Market Development Program's valuation support provides the Singapore dollar a safe-haven status, the news outlet reported.(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.)

^STI

Asia162d ago

Junshi Biosciences' Shareholder Keeps Stake After Sale Plan Lapses; Shares Jump 5%

Shanghai Junshi Biosciences (HKG:1877, SHA:688180) said a major shareholder did not sell any shares as its reduction plan expired, according to an April 10 Hong Kong bourse filing.Hong Kong-listed shares of the firm were up nearly 5% in Monday midday trade.Shanghai Tanying Investment, which held about 5.8% of the company, had planned to reduce up to 2% of its stake between January and April.

HKG:1877SHA:688180

Asia162d ago

Haisco Pharmaceutical's 2025 Profit Falls 34%, Revenue Rises 18%; Shares Up 3%

Haisco Pharmaceutical's (SHE:002653) net profit attributable to shareholders in 2025 fell 34% year on year to 259.6 million yuan, or 0.23 yuan per share, according to a Shenzhen bourse filing on Monday.The attributable profit a year earlier was 395.5 million yuan, or 0.35 yuan per share.Operating revenue rose 18% to 4.39 billion yuan from 3.72 billion yuan in the previous year.The pharmaceutical company's shares jumped less than 3% during the midday trade.

SHE:002653

Asia162d ago

Formosa Chemicals and Fibre Books NT$6.25 Billion Profit in Q1; Shares Rally 9%

Formosa Chemicals and Fibre (TPE:1326) booked net profit attributable to owners of NT$6.25 billion, or NT$1.07 per share, for the first quarter, according to a Friday Taiwan Exchange filing.Shares jumped about 9% in Monday's afternoon trade.Revenue for the quarter reached NT$81.75 billion, up 3.6% versus a year earlier, driven by higher sales volume and improved pricing.The company said profitability was boosted by better aromatics margins, higher production and sales, and gains from equity-method investments, particularly from Formosa Petrochemical.

TPE:1326

Asia162d ago

Texmaco Rail Bags Order Worth INR236 Million for Railway Rake, Break Van; Shares Down 3%

Texmaco Rail & Engineering (NSE:TEXRAIL, BOM:533326) has secured an order worth 235.7 million Indian rupees from Hindalco Industries (NSE:HINDALCO, BOM:500440), according to a Sunday filing to the Indian stock exchanges.The company's shares were down over 3% in early trade on Monday.The contract is for the supply of one Bogie Tank Alumina Powder (BTAP) rake and one break van within five months.BTAP rakes are specialized freight trains designed for the bulk transport of powder materials like calcined alumina and fly ash, while a brake van is a railway vehicle attached to the rear of freight trains.

BOM:500440BOM:533326NSE:HINDALCONSE:TEXRAIL

Asia162d ago

IEIT Systems' 2025 Profit Rises 5%, Revenue Jumps 43%

IEIT Systems' (SHE:000977) net profit attributable to shareholders in 2025 rose 5.2% year on year to 2.41 billion yuan, or 1.64 yuan per share, according to a Saturday filing on the Shenzhen bourse.The information technology company's shares rose less than 2% during Monday's morning trade.The attributable profit a year earlier was 2.29 billion yuan, or 1.56 yuan per share.Operating revenue jumped 43% to 164.8 billion yuan from 115 billion yuan in the prior year.

SHE:000977

Asia162d ago

XJ Electric's 2025 Profit Rises 5%, Revenue Drops 12%; Shares Dip 10%

XJ Electric's (SHE:000400) net profit attributable to shareholders in 2025 rose 4.5% to 1.17 billion yuan from 1.12 billion yuan a year earlier, according to a Shenzhen bourse filing on Saturday.The Chinese electrical equipment manufacturer's shares slumped 10% during Monday's morning trade.Earnings per share climbed 4.6% year on year to 1.15 yuan from 1.10 yuan.Operating revenue fell 12% to nearly 15 billion yuan from 17.1 billion yuan in the previous year.

SHE:000400

Asia162d ago

Diatreme Resources to Sell Cape Flattery Silica Project in Exchange for More Shares in Cape Silica JV

Diatreme Resources (ASX:DRX) unit Metallica Minerals agreed to sell the Cape Flattery Silica project in Queensland to Cape Silica Holdings, a joint venture between Diatreme and Sibelco Silica, in exchange for additional shares in the JV, according to a Monday filing with the Australian bourse.The deal values the project at about AU$26 million, and allows Diatreme to rationalize its project ownership and boost funding and synergies for its flagship Northern Silica project, per the filing.Sibelco Silica, which holds 26.8% of the JV, will contribute up to about AU$9.5 million in exchange for shares in Cape Silica in a manner that potentially allows Sibelco to retain its current interest. On completion, Sibelco will subscribe for about AU$5.1 million worth of shares in the JV and will receive an option for an additional AU$4.4 million of shares, exercisable before July 7.Using those funds, the JV will reimburse Diatreme around AU$2.1 million for costs associated with the takeover of Metallica, which was completed in September 2024, according to the filing.The deal is subject to Diatreme shareholder approval.Shares of Diatreme gained 6% in recent Monday trading.

ASX:DRX

Asia162d ago

CGN New Energy's March Power Output Falls 6%

CGN New Energy (HKG:1811) generated 1,663.9 gigawatt-hours of power in March, down 5.7% from a year earlier, according to a Monday Hong Kong bourse filing.Of the total, the power generation of Chinese solar projects increased 50%.Output from Chinese wind and hydro projects fell 34% and 16%, respectively, while that from Korean projects rose 41%.

HKG:1811

Asia162d ago

African Gold Shareholders Approve Acquisition By Montage Gold

African Gold (ASX:A1G) said its shareholders and option holders approved a proposed scheme of arrangement for Toronto Stock Exchange-listed Montage Gold to acquire 100% of African Gold, as well as the related option scheme of arrangement, according to a Monday Australian bourse filing.The company said nearly 100% of the votes cast at the meeting were in favor of the share scheme resolution, while 100% of the votes cast were in favor of the option scheme of arrangement.The schemes remain subject to approval by the Supreme Court of Western Australia at a hearing scheduled for Friday, as well as other customary conditions precedent, per the filing.African Gold's shares fell 1% in recent Monday trade.

ASX:A1G

Asia162d ago

Nan Ya Plastics Revenue Hits 43-Month High in March; Shares Rise 5%

Nan Ya Plastics' (TPE:1303) consolidated revenue rose 18.1% year on year in March to NT$27.2 billion, according to a Friday Taiwan Exchange filing.Shares rose about 5% in Monday's late morning trade.Month on month, revenue jumped 46.4%, reaching a 43-month high, driven mainly by strong growth in electronic materials on robust demand from AI, high-performance computing and related applications.Chemical, polyester and plastic processing products also posted gains, supported by a post-Lunar New Year recovery in downstream demand, higher raw material costs and improved shipment volumes, the company said.

TPE:1303

Asia162d ago

Holitech's 2025 Profit Dips 99%, Revenue Jumps 27%; Shares Fall 3%

Holitech Technology's (SHE:002217) net profit attributable to shareholders in 2025 slumped 99% to 22.7 million yuan from 1.52 billion yuan a year earlier, according to a Saturday filing on the Shenzhen bourse.The Chinese electronics component manufacturer's shares fell less than 3% during Monday's morning trade.Earnings per share dipped 98% year on year to 0.0032 yuan from 0.2031 yuan.Operating revenue jumped 27% to 1.69 billion yuan from 1.33 billion yuan in the previous year.

SHE:002217

Asia162d ago

Compucase Enterprise Posts Flat Revenue in March; Shares Drop 3%

Compucase Enterprise (TPE:3032) reported consolidated revenue of NT$869.9 million in March, flat year-on-year, according to a Friday Taiwan Exchange filing.Shares fell over 3% in Monday's late morning trade.Cumulative revenue for the first quarter reached NT$2.70 billion, up 15% annually.

TPE:3032

Asia162d ago

Zhejiang Medicine 2025 Profit Declines 25%; Shares Down 3%

Zhejiang Medicine (SHA:600216) posted 2025 attributable net profit of 873.4 million yuan, down 25% from 1.16 billion yuan the previous year.Earnings per share declined to 0.91 yuan from 1.21 yuan, according to a filing with the Shanghai bourse.Operating revenue slid 5.3% year over year to 8.88 billion yuan from 9.38 billion yuan.Shares of the pharmaceutical company were down 3% in recent trade.

SHA:600216

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