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Future Bright's Profit Plunges 68% in Q1

Future Bright (HKG:0703) recorded a 68% decline in attributable profit in the first quarter to HK$2.9 million from HK$9.1 million a year prior, according to a Tuesday Hong Kong bourse filing.The restaurant operator's turnover slipped 3.4% to HK$115.2 million from HK$119.3 million, mainly due to a drop in turnover from Japanese and Chinese restaurants.

Honz Pharmaceutical Gets China Nod for Expectorant Drug

Honz Pharmaceutical (SHE:300086) obtained drug registration for its carbocisteine granules from China's drug regulator, according to a Tuesday filing with the Shenzhen bourse.The drug is indicated for treating thick sputum and difficulty in expectoration caused by diseases such as bronchitis and bronchial asthma.The approval is valid for 24 months.Shares of the pharmaceutical company closed less than 1% higher Tuesday.

Chemplast Sanmar Starts R32 Refrigerant Gas Production at Mettur, India Plant

Chemplast Sanmar (NSE:CHEMPLASTS, BOM:543336) said commercial production of R32 refrigerant gas has commenced at its swing plant in Mettur, according to an Indian bourse filing on Monday.Shares of the company rose over 1% at market close on Tuesday.The production started on May 18, the company said.

BOM:543336NSE:CHEMPLASTS

B.R. Goyal Infra to Exit NHAI Fee Plaza Operations

B.R. Goyal Infrastructure (BOM:544335) decided to hand over operations of the Salemgarh fee plaza in Uttar Pradesh, India, to the National Highways Authority of India, according to a Monday filing with the BSE.Shares of the company were up around 1% at market close on Tuesday.The decision follows a review of the project's operational and financial performance, which was found commercially non-viable, the company said.The handover is scheduled for May 20, B.R. Goyal Infra said.The contract was awarded in February.

Xinjiang International Industry Boosts Unit's Capital by 400 Million Yuan

Xinjiang International Industry (SHE:000159) will increase capital in wholly-owned subsidiary Xinjiang Zhongyou Chemical Group by 400 million yuan through a debt-for-equity swap.Zhongyou Chemical's registered capital will rise to 900 million yuan from 500 million yuan, according to a Tuesday filing with the Shenzhen bourse.The move aims to optimize the subsidiary's asset-liability structure and support further business development.Shares of the oil and chemical products distributor closed 2% higher Tuesday.

Danube Industries' Net Profit Declines in Fiscal Q4

Danube Industries Ltd (BOM:540361) said its net profit fell to 2.6 million Indian rupees in the fiscal fourth quarter from 6.0 million rupees a year ago, according to a Monday filing to the Indian stock exchanges.Earnings per share for the quarter ended March 31 slipped to 0.03 rupees from 0.18 rupees a year earlier.Revenue from operations of the consumer electric goods retailer dropped year on year to 335.1 million rupees from 372.4 million rupees.Shares of the company fell nearly 2% at market close on Tuesday.

China Grants Zhuhai Rundu Pharmaceutical Marketing Approval for Hypertension Drug

China's drug regulator granted Zhuhai Rundu Pharmaceutical (SHE:002923) marketing approval for telmisartan, according to a Tuesday filing with the Shenzhen bourse.The drug is used in hypertension medication, the filing said.

Changhong Meiling to Suspend Investment in Appliance Industrial Park Project

Changhong Meiling (SHE:000521) will suspend its investment in the Hefei Changhong Smart Home Appliance Industrial Park project to control investment risks due to market changes, according to a Tuesday filing with the Shenzhen bourse.The appliance manufacturer has so far boosted production on its existing refrigerator production lines, with the higher capacity meeting sales demands in the short term.The company will also ask its shareholders to authorize the chairman to postpone project construction based on market demand and capacity usage, the filing said.

Karin Technology in Talks to Buy Hong Kong IT Firms

Karin Technology (SGX:K29) signed non-binding memoranda of understanding to potentially buy two IT companies in Hong Kong, according to a Tuesday filing with the Singapore Exchange.The electronic components distributor is exploring the acquisition of an agentic AI platform developer and an application programming interface (API) company.The parties are seeking to reach a formal agreement within the exclusivity period, which expires on Sept. 15.

TS Tech Plans Higher Final Dividend for Fiscal Year 2026

TS Tech (TYO:7313) plans to pay out a year-end dividend of 46 yen per share for the fiscal year 2026 ended March 31, higher than the 43 yen paid a year ago.The automotive seat and interior manufacturer's total dividend payment amounts to 5.39 billion yen, payable from retained earnings on June 4, according to a Tokyo bourse filing on Tuesday.For the fiscal year 2027, TS Tech forecasts a total dividend of 90 yen per share, consisting of an interim dividend of 44 yen and a year-end dividend of 46 yen.

Indian Oil's Consolidated Net Profit Soars in Fiscal Q4

Indian Oil (NSE:IOC, BOM:530965) recorded a jump in its consolidated net profit to 144.6 billion Indian rupees in the fiscal fourth quarter ended March 31, against 81.2 billion rupees a year ago.Earnings per share climbed to 10.50 rupees compared with a year-ago figure of 5.90 rupees, according to a Monday filing to the Indian stock exchanges by the oil marketing company.Revenue from operations in fiscal Q4 also increased to 2.369 trillion rupees from 2.214 trillion rupees a year earlier.The company's board also recommended a final dividend of 1.25 rupees per share for the financial year ended March 31.Shares of the company rose over 2% in recent trade.

BOM:530965NSE:IOC

Hesai Turns to Profit in Q1

Hesai (HKG:2525) recorded an attributable net income of 18.3 million yuan in the first quarter of 2026, compared with an attributable loss of 17.5 million yuan a year prior, according to a Tuesday filing with the Hong Kong bourse.Earnings per share stood at 0.11 yuan, compared with a loss per share of 0.13 yuan in the corresponding period of the previous fiscal year.The three-dimensional light detection and ranging product developer's revenue jumped 30% to 680.6 million yuan from 525.3 million yuan in the year-ago period.For the second quarter, the firm expects a 20% to 27% rise in revenue to between 850 million yuan and 900 million yuan.

Keppel Repurchases Over SG$5 Million Worth of Shares

Keppel (SGX:BN4) bought back 500,000 shares in the open market on Tuesday for about SG$5.1 million, according to a same-day filing with the Singapore Exchange.The infrastructure and real estate company has so far repurchased 6.1 million shares under its existing buyback mandate.

New Journey Health Technology to Raise Up to 1.5 Billion Yuan from Share Issuance

New Journey Health Technology (SHE:002219) is looking to raise up to 1.50 billion yuan from the issuance of 600 million shares to selected investors, according to a Tuesday filing with the Shenzhen bourse.The company will use the amount to fund hospital construction and relocation, medical equipment purchases, and working capital, among others.

Intraco Buys Back More Shares

Intraco (SGX:I06) bought back 250 shares in the open market on Tuesday for SG$95, or about SG$0.38 per share, according to a same-day filing with the Singapore Exchange.The plastics resin and other petrochemical products company has been authorized to repurchase 10.7 million shares under its current mandate and has so far bought back nearly 78,351 shares.

Japan Aviation Electronics Keeps Final Dividend Steady for Fiscal Year 2026

Japan Aviation Electronics Industry (TYO:6807) declared a year-end dividend of 30 yen per share for the fiscal year 2026, matching earlier forecasts and unchanged from the amount paid a year ago.The electronics company's total dividend payment amounts to 2.02 billion yen, payable from retained earnings on June 5, according to a Tokyo bourse filing on Tuesday.The company's basic policy targets a consolidated dividend payout ratio of at least 30%.For the fiscal year 2027, Japan Aviation Electronics Industry forecasts full-year dividends of 60 yen per share, consisting of an interim dividend of 30 yen and a year-end dividend of 30 yen.

Liaoning Fu-An Heavy Industry Puts 6 Million Yuan into Investment JV

Liaoning Fu-An Heavy Industry (SHA:603315) agreed to invest 6 million yuan for a 60% stake in a new investment company formed with two directors and two external investors.Fu'an Investment Shenzhen, with registered capital of 10 million yuan, will engage in investment activities, asset management, venture capital and consulting services, according to a Tuesday filing with the Shanghai bourse.The company's vice chair and deputy general manager are each contributing 1 million yuan for 10% stakes.Shares of the large steel castings manufacturer closed less than 1% lower.

Jefferies Adjusts Baidu's Price Target to HK$179 from HK$176, Keeps at Buy

Jefferies Adjusts JSW Energy's Price Target to INR675 from INR660, Keeps at Buy

BOM:533148NSE:JSWENERGY

StanChart Buys Back Shares

Standard Chartered (HKG:2888) repurchased 792,070 shares on Monday at an average price of 18.99 pounds sterling apiece, according to a Tuesday filing with the Hong Kong bourse.The British lender plans to cancel the shares, following which it will have about 2.21 billion shares in issue.