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China National Nuclear Power's Attributable Profit Rises 6% in 2025

China National Nuclear Power's (SHA:601985) attributable profit rose 6% to 9.30 billion yuan in 2025 from 8.78 billion yuan in 2024, according to a Thursday filing with the Shanghai bourse.Earnings per share at the nuclear power company declined 2.2% to 0.453 yuan from 0.463 yuan in the previous year.Operating revenue grew 6.2% year over year to 82.08 billion yuan from 77.27 billion yuan.

SHA:601985

Asia62d ago

Dimerix's Potential Non-Dilutive Funding May Lead to Ongoing Phase Three Trial Being Fully Funded, Euroz Hartleys Says

Dimerix's (ASX:DXB) potential access to $50 million in non-dilutive funding could lead to it having up to AU$96.6 million in combined cash and non-dilutive funding available, which would be sufficient to fully fund the ongoing phase three trial and dispel any near-term capital raising risk, Euroz Hartleys said in a note on Thursday.It indicated this would not be traditional debt funding, but is rather repayable from future milestone payments and/or royalties.The commercial opportunity remains significant and unchanged, Euroz Hartleys added.The investment firm maintained its speculative buy rating on Dimerix with a price target of AU$1.35 per share.

ASX:DXB

Asia62d ago

Giga Device Semiconductor Q1 Profit Jumps 523%, Revenue Up 119%

Giga Device Semiconductor (SHA:603986) posted first-quarter attributable net profit of 1.46 billion yuan, up 523% from 234.6 million yuan the previous year.Earnings per share rose to 2.18 yuan from 0.35 yuan, according to a Thursday filing with the Shanghai bourse.The semiconductor company's operating revenue jumped 119% year over year to 4.19 billion yuan from 1.91 billion yuan.

SHA:603986

Asia62d ago

Lindian Resources Says UBS Ceases to Be a Substantial Holder

Lindian Resources (ASX:LIN) said UBS Group and its related entities have ceased to be a substantial holder in the company on April 29, according to a Friday Australian bourse filing.The company's shares were up 1% in recent Friday trade.

ASX:LIN

Asia62d ago

China National Nuclear Power's Q1 Profit Slides 34%

China National Nuclear Power's (SHA:601985) attributable profit fell 34% to 2.06 billion yuan in the first quarter from 3.14 billion yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the power company decreased 34% to 0.100 yuan from 0.152 yuan in the prior-year period.Operating revenue declined 6.7% year over year to 18.9 billion yuan from 20.3 billion yuan.

SHA:601985

Asia62d ago

Sequoia Financial Group Unit Terminates Proposed Sale of InterPrac to Conquest Investment Partners

Sequoia Financial Group's (ASX:SEQ) unit, Sequoia Wealth Group, terminated the share sale agreement with Conquest Investment Partners on Friday, and the proposed disposal of InterPrac Financial Planning to Conquest Investment Partners will not proceed, according to a same-day Australian bourse filing.Developments after the signing resulted in circumstances where completion cannot occur on terms consistent with those originally planned by the parties, per the filing.Under the changed circumstances, the Sequoia determined that it is not in the best interests of shareholders to proceed.

ASX:SEQ

Asia62d ago

Deye Technology Q1 Profit Up 68%, Revenue Rises 74%

Ningbo Deye Technology (SHA:605117) posted first-quarter attributable net profit of 1.19 billion yuan, up 68% from 705.5 million yuan the previous year.Earnings per share rose to 1.31 yuan from 0.78 yuan, according to a Thursday filing with the Shanghai bourse.The solar-plus-storage products manufacturer's operating revenue rose 74% year over year to 4.46 billion yuan from 2.57 billion yuan.

SHA:605117

Asia62d ago

Market Chatter: Toyota Targets India, Middle East, Africa With New Factories

Toyota Motor (TYO:7203) plans to build three assembly plants in India, aiming to raise annual capacity to about 1 million vehicles by the 2030s, Nikkei reported Friday.The facilities, to be set up in Maharashtra, will also serve as export hubs for the Middle East and Africa. The first plant is slated to start operations in 2029, with total investment estimated at around 300 billion yen, according to the report.Toyota intends to produce three-row SUVs and plug-in hybrids, targeting rising demand in emerging markets, the report said.The expansion would bring its India plant count to six and position the country as its fourth-largest production base, according to the report.(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.)

TYO:7203

Asia62d ago

Eastroc Beverage Q1 Profit Rises 28%, Revenue Jumps 21%

Eastroc Beverage (SHA:605499) posted first-quarter attributable net profit of 1.26 billion yuan, up 28% from 980.0 million yuan the previous year.Earnings per share rose to 2.3563 yuan from 1.8846 yuan, according to a Thursday filing with the Shanghai bourse.The beverage producer's operating revenue rose 21% year over year to 5.89 billion yuan from 4.85 billion yuan.

SHA:605499

Asia62d ago

Beijing-Shanghai High-Speed Railway's Q1 Profit Up 6%, Revenue Rises 3%

Beijing-Shanghai High-Speed Railway (SHA:601816) posted first-quarter attributable net profit of 3.14 billion yuan, up 6% from 2.96 billion yuan the previous year.Earnings per share rose to 0.0642 yuan from 0.0604 yuan, according to a Thursday filing with the Shanghai bourse.Operating revenue at the rail transportation services provider rose 3.3% year over year to 10.6 billion yuan from 10.2 billion yuan.

SHA:601816

Asia62d ago

ASX Midday Sector Update: Materials Stocks Lead Broad Market Gains

Materials stocks were leading gainers in midday trading on Friday, with a rise of 2.4%, as all other sectors were also in the green following a strong rally in the US and a decline in the price of Brent crude.Sector heavyweights BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO) both advanced around 3%.EQ Resources (ASX:EQR) fell nearly 9% after saying it will not proceed with a proposed acquisition of Tungsten Metals Group following a review of strategic priorities.

ASX 200ASX:BHPASX:EQRASX:RIO

Asia62d ago

VeriSilicon Microelectronics Widens Q1 Loss, Revenue Jumps 114%

VeriSilicon Microelectronics Shanghai (SHA:688521) posted first-quarter attributable net loss of 340.8 million yuan, higher than the loss of 220.3 million yuan the previous year.Loss per share widened to 0.65 yuan from 0.44 yuan, according to a Thursday filing with the Shanghai bourse.The semiconductor company's operating revenue rose 114% year over year to 835.7 million yuan from 389.7 million yuan.

SHA:688521

Asia62d ago

James Hardie Industries Says Wellington Management Disposes Of Shares During Trading

James Hardie Industries (ASX:JHX) said Wellington Management Group reduced its stake in the firm via the disposal of shares in the regular course of trading on Wednesday, according to a Friday Australian bourse filing.Wellington now holds 46.3 million depositary receipts and ordinary shares, compared with 46.6 million depositary receipts and ordinary shares earlier.Its shares rose 1% in recent trading on Friday.

ASX:JHX

Asia62d ago

CRRC's Q1 Profit, Revenue Rise 11%

CRRC's (SHA:601766, HKG:1766) net profit attributable to shareholders in the first quarter rose 10.7% to 3.38 billion yuan from 3.05 billion yuan a year earlier.Earnings per share increased to 0.12 yuan from 0.11 yuan, according to a Saturday filing on the Hong Kong bourse.Revenue at the rail transit equipment manufacturer jumped 10.6% to 53.8 billion yuan from 48.7 billion yuan.

HKG:1766SHA:601766

Asia62d ago

Correction: SkyCity Entertainment Cuts Fiscal Year 2026 Underlying EBITDA Guidance to NZ$180 Million to NZ$190 Million, Initiates Further Cost Savings

(Corrects the company's fiscal year 2026 underlying EBITDA guidance range in the headline, adds the stock movement in the last paragraph)SkyCity Entertainment Group (ASX:SKC, NZE:SKC) said it now expects underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) for fiscal year 2026 between NZ$180 million and NZ$190 million, down from previous guidance of NZ$190 million to NZ$210 million, according to a Thursday New Zealand bourse filing.The guidance cut is based on trading conditions experienced since the recent fuel price increases and remains broadly consistent for the remainder of the year, the filing added.The company said it has exceeded its previously disclosed target of NZ$10 million in cost savings for fiscal year 2026 and is now initiating additional cost-saving initiatives across its operations and corporate functions, engaging external advisors to support the process.Under its asset monetization program, SkyCity has entered into a non-binding heads of agreement for the sale of the 99 Albert Street office building and investment properties on Victoria Street, with financial terms confidential, while also seeking expressions of interest from potential investors in acquiring The Grand Hotel, the filing added.SkyCity noted that the Online Casino Gambling Act 2026 comes into effect on May 1, with the Department of Internal Affairs (DIA) advising that it anticipates issuing licences from early 2027.The company's Australian shares fell 4% in recent Thursday trade, while its New Zealand shares shed about 1%. Its Australian and New Zealand shares both hit an all-time low.

ASX:SKCNZE:SKC

Asia62d ago

MetaX Integrated Circuits Narrows Q1 Loss as Revenue Jumps 75%

MetaX Integrated Circuits Shanghai (SHA:688802) posted first-quarter attributable net loss of 98.8 million yuan, compared with 232.5 million yuan the previous year.Loss per share narrowed to 0.25 yuan from 0.90 yuan, according to a Thursday filing with the Shanghai bourse.The graphics processing unit chip manufacturer's operating revenue rose 75% year over year to 561.9 million yuan from 320.4 million yuan.

SHA:688802

Asia62d ago

LTR Pharma Says Interim Phase Two Data for Erectile Dysfunction Treatment Candidate Shows Rapid Time to Peak Concentration, Shares Jump 28%

LTR Pharma (ASX:LTP) said that interim phase two pharmacokinetic and safety data for its intranasal spray for erectile dysfunction, SPONTAN, showed a rapid time to peak concentration and a consistent safety profile, according to a Friday Australian bourse filing.The study characterized the key pharmacokinetic parameters requested by the US Food and Drug Administration (US FDA), including rapid absorption, repeat-dose behavior, and consistency across adult and geriatric populations. The data support its planned FDA 505(b)(2) regulatory pathway, subject to completion of final statistical analysis, per the filing.SPONTAN (five milligrams) demonstrated a median Tmax of 10 minutes, compared with a median Tmax of 60 minutes for the 20mg vardenafil oral tablet. The Tmax range for SPONTAN was 10 minutes to 15 minutes,compared with 30 minutes to 180 minutes for the oral tablet.Pharmacokinetic profiles in subjects aged over 65 years were comparable to those in the adult cohort, with no apparent differences observed in the dataset. Intranasal administration of SPONTAN over five consecutive days did not result in drug accumulation.No serious or severe treatment-emergent adverse events were observed, per the filing.Its shares rose 28% in recent trading on Friday.

ASX:LTP

Asia62d ago

MM Holdings' Takeover Bid for Makino Milling Machine Scrapped After Government Pushback

Makino Milling Machine (TYO:6135) said MM Holdings will not proceed with a planned tender offer to acquire its shares after accepting a government recommendation to halt the deal, according to a delayed Friday filing on the Tokyo Stock Exchange.MM Holdings said it accepted a recommendation from Japan's finance and industry ministries under the Foreign Exchange and Foreign Trade Act and terminated its tender offer agreement with Makino, effective April 30.The authorities determined the proposed acquisition raised national security concerns, citing Makino's production of high-performance machine tools used by defense manufacturers and its possession of related technologies and data.MM Holdings said it had engaged with regulators for about 10 months and proposed mitigation measures, but ultimately decided not to proceed.

TYO:6135

Asia62d ago

Sony Financial Unit Ordered to Submit Reports Tied to Misconduct Handling, Customer Policy Review

Sony Financial (TYO:8729) said its unit, Sony Life Insurance, received an order from the Financial Services Agency to submit reports under the Insurance Business Act, according to a delayed Friday filing on the Tokyo Stock Exchange.The order relates to the insurer's handling of misconduct cases and an ongoing review of customer policy status. Sony Financial said the impact on its consolidated earnings is unclear.Sony Life said it takes the order seriously and will work to strengthen controls, prevent misconduct and improve oversight of customer policies. It plans to report progress on its internal review by the end of May.

TYO:8729

Asia62d ago

NZX Midday Sector Update: Consumer Durables Sector Soars, Energy Minerals Struggle

The consumer durables shares gained the most on New Zealand's Exchange, rising past 3% on Friday.Shares of KMD Brands (NZE:KMD, ASX:KMD) rose over 3% in recent trade.The company on Friday said it appointed Non-Executive Director Philip Bowman as chair, effective Friday, succeeding David Kirk.Meanwhile, the energy minerals sector fell below 1%.Shares of Channel Infrastructure (NZE:CHI, ASX:CHI) drove the decline, falling past 1% in recent trade.

^NZ50ASX:CHIASX:KMDNZE:CHINZE:KMD

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