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Vishal Megamart's Consolidated Profit Rises in Fiscal Q4

Vishal Megamart (NSE:VMM, BOM:544307) consolidated attributable profit rose to 1.68 billion Indian rupees in the fiscal fourth quarter ended March 31, from 1.15 billion rupees a year ago.Earnings per share came in at 0.36 rupees from 0.25 rupees a year earlier, the retail company said in a filing to the Indian stock exchanges on Thursday.Revenue from operations in fiscal Q4 also increased to 31.1 billion rupees from 25.5 billion rupees a year ago.The company's shares were down over 1% in recent trade.

BOM:544307NSE:VMM

Asia53d ago

Parkson Retail Asia Logs Higher Profit, Revenue in Q1

Parkson Retail Asia's (SGX:O9E) attributable profit to owners edged up 2.5% during the first quarter of the year to SG$15.0 million from SG$14.7 million a year earlier, according to a Thursday bourse filing.Earnings per share came in at SG$0.0223 compared with SG$0.0218 in the year-ago period.Revenue was up 3.5% year over year to SG$69.5 million from SG$67.2 million.

SGX:O9E

Asia53d ago

Malaysian Shares Edges Lower Despite Record Job Growth

Malaysian equities logged a second day of fractional losses on Thursday, as record-high employment figures failed to offset a cautious mood across Asian markets.The FTSE Bursa Malaysia KLCI shed 0.73 points to end 0.04% lower at 1,745.58. The day range was between 1,740.35 and 1,750.63.In economic news, Malaysia's labor market expanded in the first quarter, with total jobs rising to 9.23 million, up from 9.06 million a year earlier, according to data released by the Department of Statistics Malaysia. Filled jobs increased 1.8% annually to 9.03 million, while vacancies edged up slightly to 194,800, keeping the overall vacancy rate at 2.1%.Malaysia and Taiwan are strengthening cooperation in the semiconductor value chain as artificial intelligence demand accelerates across industries, from manufacturing to healthcare, CNA reported.In corporate news, Public Bank (KLSE:PBBANK) booked a net profit attributable to owners of 1.75 billion ringgit, up 0.4% annually. The lender attributed the profit to steady loan and deposit expansion, alongside improved non-interest income. Shares slid 1% on Thursday's close.Whereas, shares of Destini (KLSE:DESTINI) gained about 2% on close after its unit Destini Oil Services bagged a contract from Petronas Carigali to provide tubular running services in the West Region of Malaysia.

FTSE Bursa Malaysia KLCIKLSE:DESTINIKLSE:PBBANK

Asia53d ago

Jefferies Adjusts Toei Animation's Price Target to 2,800 Yen From 2,900 Yen, Keeps at Hold

Toei Animation (TYO:4816) has an average rating of overweight and mean price target of 3,384.29 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

TYO:4816

Asia53d ago

Singapore Institute of Advanced Medicine Narrows Loss in Fiscal Q3

Singapore Institute of Advanced Medicine (SGX:9G2) narrowed its loss before tax in the fiscal third quarter ended March 31 to SG$5.7 million from SG$6.2 million a year earlier, according to a Thursday bourse filing.Loss per share from continuing operations stood at SG$0.0046 compared with SG$0.0059 in the year-ago period.Revenue declined 4% year over year to SG$3.8 million from SG$3.9 million.

SGX:9G2

Asia53d ago

Jefferies Adjusts Bharti Airtel's Price Target to INR2,350 From INR2,250, Keeps at Buy

Bharti Airtel (NSE:BHARTIARTL, BOM:532454) has an average rating of buy and mean price target of 2,341.31 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:532454NSE:BHARTIARTL

Asia53d ago

Hua Hong Semiconductor's Profit Soars 458% in Q1

Hua Hong Semiconductor's (HKG:1347, SHA:688347) attributable profit surged 458% to $20.9 million in the first quarter of 2026 from $3.8 million a year prior, according to a Thursday Hong Kong bourse filing.Earnings per share were $0.012, up from $0.002 in the corresponding period of the previous fiscal year.Revenue climbed 22% to $660.9 million from $540.9 million in the year-ago period, driven mainly by a rise in wafer shipments and an improved average selling price.The semiconductor firm expects a revenue of between $690 million and $700 million for the second quarter of 2026.

HKG:1347SHA:688347

Asia53d ago

Singapore Shares Edge Lower Amid Regional Foreign Exchange Reserve Slump

Singapore shares ended in the red zone on Thursdaay once more, as investors weighed a volatile geopolitical landscape against a backdrop of shrinking foreign exchange reserves across Asian markets.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,980.53 and 5,015.09 throughout the day. It ended the session at 4,995.94, down 8.02 points or 0.2% compared to Wednesday's close.On the corporate front, shares of AEM (SGX:AWX) surged nearly 19% at the close as the semiconductor solutions provider reported a 329% increase in its net profit during the first quarter of the year to SG$14.3 million from SG$3.3 million a year earlier.Singapore Post's (SGX:S08) shares closed over 5% lower, as its attributable profit to equity holders fell 82% in the fiscal second half ended March 31 to SG$41.2 million from SG$222.5 million a year earlier.Meanwhile, shares of Wee Hur (SGX:E3B) were down over 1% even as the company's private residential development in Singapore, Bartley Vue, secured a temporary occupation permit.

^STISGX:AWXSGX:E3BSGX:S08

Asia53d ago

China's Local Governments See Steady Fiscal Metrics in Q1, Fitch Says

Chinese local and regional governments (LRGs) saw stable fiscal metrics for the first quarter of 2026, Fitch Ratings said in a recent release.The LRGs' operating revenue expanded 2.1% year over year, supported by better tax and nontax revenue.Operating expenditure rose 2.3%, with interest expense, healthcare, social security, and employment spending serving as drivers.The rating agency forecast a modest drop in capital revenue for this year, following a 19.1% decline in the first quarter, amid dampened land demand and a policy aligning land supply with weak demand.The Middle East conflict could have potential impacts on the economy although positive signs including growth in the producer price index have emerged, Fitch said.Infrastructure investment should continue to grow in the second quarter, driven by accelerated special purpose bond issuance and central transfers from ultra-long special sovereign bonds.

Shanghai Composite^SZSE

Asia53d ago

CSE Global's Revenue Jumps 29% in Q1

CSE Global's (SGX:544) revenue surged 29% during the first quarter of the year to SG$265.2 million from SG$205.5 million a year earlier, according to a Thursday filing with the Singapore Exchange.Order intake zoomed 75% year over year to SG$271.2 million from SG$155.3 million, backed by strong growth in the electrification segment.

SGX:544

Asia53d ago

Caplin Point Laboratories' Consolidated Profit Rises in Fiscal Q4; Shares Jump 10%

Caplin Point Laboratories (NSE:CAPLIPOINT, BOM:524742) consolidated attributable profit rose to 1.70 billion Indian rupees in the fiscal fourth quarter ended March 31, from 1.43 billion rupees a year ago.Earnings per share came in at 22.31 rupees from 18.69 rupees a year earlier, the pharmaceutical company said in a filing to the Indian stock exchanges on Thursday.Revenue from operations in fiscal Q4 also increased to 6.00 billion rupees from 5.02 billion rupees a year ago.The company's board declared an interim dividend of 4 rupees per equity share of face value of 2 rupees each for the financial year ended March 31.Caplin Point's shares were up over 10% in recent trade.

BOM:524742NSE:CAPLIPOINT

Asia53d ago

Prism Johnson's Consolidated Profit Falls Sharply in Fiscal Q4

Prism Johnson's (NSE:PRSMJOHNSN, BOM:500338) consolidated attributable profit plunged to 64.3 million Indian rupees in the fiscal fourth quarter ended March 31, from 1.29 billion rupees a year ago.Earnings per share contracted to 0.13 rupees from 2.57 rupees a year earlier, the business materials manufacturer said in a filing to the Indian stock exchanges on Thursday.Revenue from operations in fiscal Q4 increased to 20.9 billion rupees from 19.5 billion rupees a year ago.The company's shares were up nearly 1% in recent trade.

BOM:500338NSE:PRSMJOHNSN

Asia53d ago

SMC's Fiscal-Year Profit Climbs 7%

SMC's (TYO:6273) profit attributable to owners of the parent rose 7% to 167.3 billion yen for the fiscal year ended March 31 from 156.3 billion yen a year earlier.The pneumatic control device maker's basic earnings per share increased to 2,640.04 yen from 2,444.61 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales increased by 6.4% to 842.5 billion yen from 792.1 billion yen in the prior year.It declared a final dividend of 500 yen per share, payable from June 29.For the fiscal year ending March 31, 2027, the company expects an attributable profit of 170 billion yen, basic EPS of 2,692.46, and net sales of 1 trillion yen.SMC plans to pay interim and year-end dividends of 500 yen per share each for the year, totaling 1,000.00 yen per share, which is similar to the amount paid in the year-ago period.

TYO:6273

Asia53d ago

Fujikura's Profit Soars 73% in Fiscal Year 2025

Fujikura's (TYO:5803) profit attributable to owners of the parent surged 73% to 157.2 billion yen in fiscal year 2025 from 91.1 billion yen a year earlier.The telecommunications company's basic net profit per share increased to 94.93 yen from 55.05 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales climbed 21% to 1.182 trillion yen in the year ended March 31 from 979.4 billion yen in the prior year.Fujikura raised its final dividend to 130 yen per share from the initially planned 120 yen, payable from June 29.For fiscal year 2026, the company expects attributable profit of 156 billion yen, net profit per share of 94.22 yen, and net sales of 1.243 trillion yen.Fujikura plans to pay interim and year-end dividends of 19 yen per share each for the year, totalling 38 yen per share, which is lower than the 225 yen per share in the year-ago period on a pre-split basis.

TYO:5803

Asia53d ago

Venky's (India) Net Profit Jumps in Fiscal Q4; Shares Plummet 7%

Venky's (India) (NSE:VENKEYS, BOM:523261) said its net profit jumped to 1.01 billion Indian rupees in the fiscal fourth quarter from 133.0 million rupees a year ago, according to a Thursday filing on Indian bourses.Earnings per share for the quarter ended March 31 climbed to 71.96 rupees from 9.44 rupees a year earlier.Revenue from operations of the poultry company declined year on year to 11.0 billion rupees from 8.43 billion rupees.The board of Venky's recommended a dividend of 10 rupees per share for the fiscal year ended March 31.The company's shares plunged nearly 7% in recent trade.

BOM:523261NSE:VENKEYS

Asia53d ago

CaoCao Approves HK$200 Million Share Repurchase Plan

CaoCao (HKG:2643) approved a share buyback plan of up to HK$200 million for a period of one year, according to a Thursday Hong Kong bourse filing.The ride-hailing company may buy back up to 54.4 million shares, representing 10% of its total shares in issue.The repurchased shares may be cancelled or held as treasury shares, depending on market conditions and capital management needs.

HKG:2643

Asia53d ago

Matrimony.com's Consolidated Profit Rises in Fiscal Q4; Shares Up 5%

Matrimony.com's (NSE:MATRIMONY, BOM:540704) consolidated attributable profit rose to 97.1 million Indian rupees in the fiscal fourth quarter ended March 31, from 81.8 million rupees a year ago.Earnings per share came in at 4.59 rupees from 3.79 rupees a year earlier, according to a Wednesday filing to the Indian stock exchanges on Thursday.Revenue from operations also increased to 1.17 billion rupees from 1.08 billion rupees a year ago.The company's board declared a final dividend of 5 rupees per share of 5 rupees each. The record date for the dividend has been set as Aug. 5.Matrimony.com's shares were up nearly 5% in recent trade.

BOM:540704NSE:MATRIMONY

Asia53d ago

Destini Secures Five-Year Contract for Malaysia Tubular Service from Petronas Carigali

Destini (KLSE:DESTINI) unit Destini Oil Services bagged a contract from Petronas Carigali to provide tubular running services in the West Region of Malaysia.The contract runs for five years from March 30, 2026, to March 29, 2031, with the value to be determined based on work orders issued.The deal is expected to contribute positively to earnings and net assets for the financial year ending June 2026, it said.

KLSE:DESTINI

Asia53d ago

S&P Raises CDB Aviation Lease Finance Designated Activity's Standalone Credit Profile

S&P Global Ratings upgraded CDB Aviation Lease Finance Designated Activity's standalone credit profile to "bb-" from "b+" while maintaining its A long-term issuer credit rating, according to a recent release.The company sees improved debt maturity profile and EBIT interest coverage due to long-term debt issuances, a capital injection, and increased rental yields, S&P said.The outlook is stable for the next two years, reflecting that on parent China Development Bank Financial Leasing (HKG:1606) and S&P's view that the subsidiary will continue to be a core subsidiary of the parent.The affirmed rating considers the parent's support, especially for the aircraft lessor's business development and funding needs, as reflected in a $860 million capital injection.S&P does not expect further injections in the next 12 to 24 months, due to the lessor's own cash flow and further US dollar financing that would be enough for future capacity additions.The rating agency expects long-term aircraft demand to remain strong despite a temporary slowdown due to the Middle East impact.

HKG:1606

Asia53d ago

EG Industries Unit Bags $242 Million Optical Modules Order

EG Industries (KLSE:EG) unit SMT Technologies secured a confirmed purchase order worth $241.6 million for 800G optical modules and wireless access-related products, according to a Thursday Malaysian bourse filing.The order was awarded by an existing key customer, a global technology firm involved in high-speed optical modules, broadband, and edge computing solutions. It will be delivered in stages over the next 12 months.The contract is expected to contribute positively to earnings and net assets for the financial years ending June 2026 and 2027, the filing said.

KLSE:EG

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