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Hongkong and Shanghai Hotels Returns to H1 Profit

The Hongkong and Shanghai Hotels (HKG:0045) reported attributable profit of HK$23 million in the six months ended June 30, rebounding from a loss of HK$289 million a year earlier.Earnings per share of the hotel operator stood at HK$0.01 compared with loss per share of HK$0.17 a year prior, according to a Hong Kong bourse filing Wednesday.Revenue from operations in H1 increased 8% year on year to HK$3.53 billion from HK$3.28 billion.Shares of the company rose nearly 1% in recent trade.

HKG:0045

Asia3d ago

Heineken Malaysia's Profit Plunges 39% in Q2

Heineken Malaysia's (KLSE:HEIM) reported profit attributable to owners of 50.5 million ringgit in the second quarter, down 39% from 83 million ringgit a year earlier.Earnings per share dropped to 0.167 ringgit from 0.275 ringgit a year prior, according to a Thursday Malaysian bourse filing.Revenue fell 19% to 434.7 million ringgit from 539.7 million ringgit a year ago, the Malaysian arm of Dutch brewing giant Heineken said.The company proposed a single-tier final dividend of 1.12 ringgit per share for the year ended Dec. 31.The board declared a single-tier interim dividend of 0.40 ringgit per share for the financial year ending Dec. 31, 2026, payable on Oct. 14.Shares of the brewer were down nearly 7% in recent trading.

KLSE:HEIM

Asia3d ago

Jinneng Holding's Chairman Resigns; Shares Up 6%

Jinneng Holding Shanxi Coal Industry's (SHA:601001) chairman, Li Jianguang, resigned due to work reassignment, according to a Shanghai bourse filing on Thursday.The Chinese coal mining company is yet to elect Li's successor.The company's shares jumped 6% during the afternoon trade.

SHA:601001

Asia3d ago

Dong-Ah Geological Engineering Bags KRW24 Billion Contract for Singapore's Changi Airport Expansion

Dong-Ah Geological Engineering (KRX:028100) secured a 24.3 billion won construction contract from KTC Civil E&C for the expansion of Changi Airport's eastern area and the construction of nearby military and civilian infrastructure in Singapore.The contract runs between June 30, 2026, and Oct. 17, 2027, according to a Thursday filing with the Korea Exchange.The company said the contract covers ground improvement, land preparation, sludge excavation, remediation, and related works.

KRX:028100

Asia3d ago

Acer Gadget Extends $2 Million Loan to US Unit

Acer gadget (TPE:2432) extended a $2 million loan to its US subsidiary, Acer Gadget America, according to a Wednesday filing with the Taiwan Exchange.The 12-month loan bears an annual interest rate of 4.3% and was granted to help the unit meet its operational funding requirements.

TPE:2432

Asia3d ago

JCHX Mining Management Signs Two Operational Mining Contracts

JCHX Mining Management (SHA:603979) signed two operational mining contracts in mainland China and the Democratic Republic of the Congo (DRC), according to a Thursday filing with the Shanghai bourse.Subsidiary KingShine Mining signed a $119.3 million contract with Kamoa Copper for an underground mining project at the Kamoa-Kakula Copper Mine in the DRC for 32 months from April 20, 2026, to Dec. 12, 2028, or until extended.Back home, Jinchuan Mining Management also signed a 169.9-million-yuan contract with CNNC (Inner Mongolia) Mining Investment for the construction of a shaft and tunnel engineering project at the Baituyingzi tungsten polymetallic mine in Chifeng City, China.

SHA:603979

Asia3d ago

Afari's Sales Drop 17% in July

Chongqing Afari Technology's (SHA:601777) vehicle sales in July dropped 17% year on year to 8,520 units, according to a Thursday filing on the Shanghai bourse.Output fell 13% year on year to 7,951 vehicles.The vehicle manufacturer's shares fell 2% during the afternoon trade.

SHA:601777

Asia3d ago

Koh Brothers Eco Engineering Swings to Loss in H1

Koh Brothers Eco Engineering (SGX:5HV) swung to a loss of SG$5.7 million in the first half of 2026 from SG$3.0 million a year ago.Loss per share came in at SG$0.002 compared with earnings per share of SG$0.0011, according to a Wednesday filing to the Singapore stock exchange.Revenue in H1 rose 29% to SG$144.1 million from SG$111.9 million a year ago.

SGX:5HV

Asia3d ago

Powercom Faces C$2 Million Civil Lawsuit Over Fire Incident

Powercom (TPE:3043) received notice of a civil lawsuit in Canada seeking C$2 million in damages over a fire allegedly caused by a defective elevator control cabinet, according to a Wednesday Taiwan Exchange filing.The company said a spontaneous combustion incident damaged a building and equipment inside, prompting the plaintiff to sue seven suppliers associated with the elevator control cabinet, including Powercom for its UPS product.The case is being heard by the Ontario Superior Court of Justice, the elctronics manufacturer said.Powercom said it has notified its insurer, which provides coverage of up to $2 million, and does not expect the lawsuit to have a material adverse impact.

TPE:3043

Asia3d ago

China Merchants Port Issues 2 Billion Yuan in 269-Day Bonds

China Merchants Port (SHE:001872) completed the issuance of 2 billion yuan of 269-day bonds, according to a Thursday filing with the Shenzhen bourse.The bonds are redeemable on April 30, 2027, with an interest rate of 1.42%.

SHE:001872

Asia3d ago

Luye Pharma Completes US Bridging Trial for Neurological Drug Candidate

Luye Pharma Group (HKG:2186) completed a U.S. bridging clinical trial for its investigational neurological drug LY03015, with results supporting the start of a U.S. efficacy trial.The study found comparable pharmacokinetics between Chinese and Caucasian participants, while the drug showed a more favorable safety and tolerability profile in Caucasian subjects, according to a Wednesday Hong Kong bourse filing. No serious adverse events were reported.LY03015 is being developed to treat tardive dyskinesia and Huntington's disease-related chorea.Shares of the company rose marginally in recent trade.

HKG:2186

Asia3d ago

Toray Industries Attributable Profit Surges 82% in Fiscal Q1; Shares Rise 7%

Toray Industries (TYO:3402) posted an 82% year-over-year rise in attributable profit for the fiscal first quarter to 31.3 billion yen from 17.2 billion yen.Basic EPS was 21.47 yen, compared with 11.16 yen a year earlier, according to a Tokyo bourse filing on Thursday.Revenue grew 14% to 679.0 billion yen from 595.8 billion yen for the three months ended June 30.The company maintained its forecast for the fiscal year ending March 31, 2027, for attributable profit of 90.0 billion yen, basic EPS of 61.80 yen, and revenue of 2.830 trillion yen.The industrial products company plans to pay interim and year-end dividends of 13 yen per share each for the current fiscal year, up from 13 yen and 12 yen, respectively, a year earlier.Shares of the industrial products manufacturer rose nearly 7% in recent trade.

TYO:3402

Asia3d ago

Lotus Resources Says Citigroup Reduces Stake

Lotus Resources (ASX:LOT) received notice that Citigroup Global Markets Australia and its affiliates decreased their holdings in the company to 6.93% from 8.65%, according to a Thursday Australian bourse filing.Citigroup and its affiliates now own 29.7 million shares in the company, the filing said.The company's shares rose 1% in recent Thursday trade.

ASX:LOT

Asia3d ago

CLP Holdings Posts Higher Profit in H1 Despite Flat Revenue

CLP Holdings (HKG:0002) posted an increase in first-half earnings attributable to shareholders to HK$6.00 billion, from HK$5.62 billion a year earlier.Earnings per share came in at HK$2.37 from HK$2.23, according to a Thursday Hong Kong stock exchange filing.Revenue was broadly flat at HK$42.86 billion, compared with HK$42.85 billion a year earlier.The board declared a second interim dividend of HK$0.63 per share, unchanged from a year earlier, payable on Sept. 15 to shareholders on record as of Sept. 4.

HKG:0002

Asia3d ago

Wuhan Jingce Electronic Subsidiary Raises New Capital

Wuhan Jingce Electronic (SHE:300567) subsidiary Wuhan Jinghong Electronic Technology is seeking to raise 37 million yuan in new capital from five investors, according to a Thursday filing with the Shenzhen bourse.Wuhan Jinghe Investment Consulting Partnership will contribute 9 million yuan, while Wuhan Jingjun Investment Consulting Partnership will inject 7.5 million yuan.Wuhan Jingce vice general manager Liu Ronghua and Wuhan Jinghong investor Shuai Min will contribute 2.5 million yuan and 7.5 million yuan, respectively, while individual investor Li Zhan will invest 10.5 million yuan.Following the investment, Wuhan Jingce's direct shareholding in Wuhan Jinghong will drop to 50% from 66.37%, and its shareholding through subsidiary Jingce Electronics (Hong Kong) will slide to 10% from 13.27%.Shares rose 1% during the midday break on Thursday.

SHE:300567

Asia3d ago

LG CNS Secures Project to Develop AI Roadmap for 14 Airports in Korea

LG CNS (KRX:064400) said it secured a Korea Airports Corp. project to develop a mid- to long-term strategy and a phased roadmap to implement artificial intelligence-backed transformation across 14 airports in South Korea.The Korea-based technology company said that the project covers airports including Gimpo, Gimhae, and Jeju, and the company will help identify and develop 50 potential AI projects, according to a Thursday release.As part of the project, the company will develop AI strategies and carry out data and AI architecture design to establish AI governance and implementation plans, focusing on airport operations, customer services, and safety management.

KRX:064400

Asia3d ago

Acrophyte Hospitality Trust Narrows Net Loss in H1; Shares Sink 9%

Acrophyte Hospitality Trust's (SGX:XZL) net loss narrowed to $9.8 million in the first six months of 2026 from a $10.4 million loss recorded a year ago, according to a Thursday filing to the Singapore bourse.The company's shares were down nearly 9% in recent trade.Loss per share contracted to $0.017 compared with a loss per share of $0.0179 a year earlier, the hospitality company said.The company's revenue slipped 2.6% to $76.1 million in H1 from $78.1 million a year ago.

SGX:XZL

Asia3d ago

Tritech Weighs Fresh Placement Following Lapsed Deal

Tritech Group (SGX:5G9) said its proposed placement agreement lapsed after the conditions precedent were not satisfied by the deadline for the first tranche, according to a Thursday Singapore Exchange filing.The engineering firm said neither party has any further obligations under the agreement, except for any prior breaches.The proposed placement was first announced on April 2.Tritech said the prospective investor remains committed to investing in the company, and it may explore entering into a new placement agreement with the investor, subject to regulatory requirements.

SGX:5G9

Asia3d ago

Swire Properties Turns to Profit in H1

Swire Properties (HKG:1972) returned to a first-half attributable profit of HK$3.63 billion, compared with an attributable loss of HK$1.20 billion a year earlier.Earnings per share came to HK$0.63, compared with a loss per share of HK$0.21 a year earlier, according to a Thursday Hong Kong bourse filing.Revenue increased 8% to HK$9.41 billion from HK$8.72 billion.The board declared a first interim dividend of HK$0.37 per share, up 6% from the previous year, payable on Oct. 8 to shareholders of record as of Sept. 4.

HKG:1972

Asia3d ago

Qantas Airways Reaches In-Principle Agreement With Two Pilot Unions

Qantas Airways (ASX:QAN) reached an in-principle agreement with the Australian and International Pilots Association (AIPA) and the Australian Federation of Air Pilots (AFAP) on the terms of a new long-haul enterprise agreement, according to a Thursday statement from the airline.The in-principle agreement will be formalized on Friday and covers around 1,700 pilots.The deal "will deliver significant pay increases, rostering improvements and additional career progression opportunities," a Qantas spokesperson said.AIPA members have voted in favor of a protected action ballot order that gives them the option to strike, but there is no immediate risk of a work stoppage, the company said.

ASX:QAN

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