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ZCZL Industrial's Q1 2026 Profit Falls 18%

ZCZL Industrial Technology Group's (HKG:0564, SHA:601717) first-quarter 2026 attributable profit fell 18% to 892.1 million yuan from 1.09 billion yuan a year earlier, according to a Hong Kong bourse filing Wednesday.The coal mining machinery maker's Hong Kong shares fell over 11% in late morning trade Thursda and fell nearly 10% in Shanghai.The coal mining machinery maker's Hong Kong shares fell over 11% in late morning trade Thursday.Earnings per share were 0.506 yuan, compared with 0.612 yuan in the prior year period.Operating revenue fell 2.3% year on year to 9.54 billion yuan, figures showed.

HKG:0564SHA:601717

Asia63d ago

Avary Q1 Profit Down 5%, Revenue Slides 1%

Avary Holding Shenzhen (SHE:002938) posted first-quarter attributable net profit of 462.7 million yuan, down 5.2% from 488.2 million yuan the previous year.Earnings per share slid to 0.20 yuan from 0.21 yuan, according to a Thursday filing with the Shenzhen bourse.The printed circuit board manufacturer's operating revenue declined 1.3% year over year to 7.99 billion yuan from 8.09 billion yuan.

SHE:002938

Asia63d ago

Weichai Power Q1 Profit Up 14%; Shares Climb 4%

Weichai Power (SHE:000338) posted first-quarter attributable net profit of 3.09 billion yuan, up 14% from 2.71 billion yuan the previous year.Earnings per share rose to 0.36 yuan from 0.31 yuan, according to a Thursday filing with the Shenzhen bourse.The automobile and equipment maker's operating revenue climbed 8.9% year over year to 62.6 billion yuan from 57.5 billion yuan.Shares of the company rose 4% in recent trade.

SHE:000338

Asia63d ago

China Southern Airlines, Unit Place Order for 137 Airbus Planes

China Southern Airlines (SHA:600029, HKG:1055) and one of its units agreed to acquire 137 aircraft from Airbus at less than catalogue price, according to a Hong Kong bourse filing Wednesday.The airline's Hong Kong shares fell nearly 3% in late morning trade Thursday.The company agreed to purchase 102 A320NEO aircraft, while Xiamen Airlines, a 55%-owned subsidiary, placed an order for a further 35 A320NEO planes.The catalogue price for the planes range from $133 million to $170 million, equating to a total purchase price of $21.38 billion.However, the aggregate actual consideration "is lower than the catalogue price as provided [..] because of the price concessions granted by Airbus," China Southern Airlines said.Plane deliveries will begin from 2028 and last until 2032, the airline said.

HKG:1055SHA:600029

Asia63d ago

Suncorp Group Inches Up After Pricing AU$200 Million Capital Notes Issue

Suncorp Group (ASX:SUN) shares were marginally higher after the insurer said late Wednesday that it priced a AU$200 million issue of perpetual, noncumulative, convertible, unsecured, subordinated capital notes in an offering to institutional investors and other wholesale investors.The margin was set at 235 basis points over the three-month bank bill swap rate and was determined under a bookbuild process.The capital notes are expected to be issued on or around May 6, and no shareholder approval is needed for the issue.

ASX:SUN

Asia63d ago

Sanhua Intelligent Controls Q1 Profit Up 3%; Shares Rise 5%

Zhejiang Sanhua Intelligent Controls (SHE:002050) posted first-quarter attributable net profit of 927.6 million yuan, up 2.7% from 903.4 million yuan the previous year.Earnings per share declined to 0.22 yuan from 0.24 yuan, according to a Thursday filing with the Shenzhen bourse.Operating revenue climbed 1.4% year over year to 7.77 billion yuan from 7.67 billion yuan.Shares of the refrigeration and air-conditioning components maker were up 5% in recent trade.

SHE:002050

Asia63d ago

Singapore's Total Employment Expands in Q1

Singapore's total employment grew by 5,000 during the first quarter of the year, compared to 2,300 a year earlier, marking the 18th consecutive quarter of job growth, according to preliminary data from the Ministry of Manpower released Thursday.Despite the year-on-year growth, employment was down from the 17,700 growth in the previous quarter, mainly due to broad-based weakening in the labor market.Overall, unemployment rates edged up to 2.1% in March, compared to 2.0% in December 2025.Retrenchments remained low at 1.5 per 1,000 employees in Q1, unchanged from Q4, 2025.The ministry expects labor market to remain tight and expand in the second quarter. However, the share of firms expecting to hire in the next three months fell to 44.6% in March, compared to 54.6% in February.

^STI

Asia63d ago

Clarity Pharmaceuticals to Start Registrational Phase 3 Trial in Neuroendocrine Tumors After US FDA Meeting

Clarity Pharmaceuticals (ASX:CU6) will start a registrational phase 3 trial of copper-64-SARTATE in neuroendocrine tumors, following a successful end-of-phase meeting with the US Food and Drug Administration (FDA), according to a Thursday Australian bourse filing.The company plans to recruit around 70 participants for the trial.Clarity is also conducting recruitment for its registrational phase 3 positron emission tomography imaging trial of participants with high-risk prostate cancer prior to radical prostatectomy using copper-64-SAR-bisPSMA in the US and Australia, per the filing. It plans to recruit around 383 participants.The trial will assess the diagnostic performance of copper-64-SAR-bisPSMA positron emission tomography in detecting prostate cancer within the pelvic lymph nodes, the filing said.Clarity Pharmaceuticals' shares fell nearly 2% in recent trading on Thursday.

ASX:CU6

Asia63d ago

Standard Chartered's Profit Rises in Q1

Standard Chartered (HKG:2888) posted profit attributable to parent company shareholders of $1.90 billion for the first quarter, up from $1.59 billion a year earlier, according to a Thursday Hong Kong bourse filing.Earnings per share came in at $0.72 from $0.551 a year earlier.Net interest income fell to $1.53 billion from $1.58 billion in the prior-year period.

HKG:2888

Asia63d ago

European Lithium Joint Venture Appoints Engineering Firm for Design Work on Saudi Arabia Lithium Refinery, Shares Jump 8%

European Lithium's (ASX:EUR) joint venture with Obeikan Investment Group appointed Hatch, an engineering firm, to begin design work on a lithium refinery in Saudi Arabia, which is expected to produce up to 20,000 metric tonnes of battery-grade lithium hydroxide, according to a Thursday Australian bourse filing.Further infill drilling at the Upper Fjord and Hill deposits, part of the Tanbreez project, as well as reconnaissance and associated geotechnical work, are proposed, subject to final Greenland regulatory approvals.Exploration crews were mobilized at its Northern License Area Irish lithium projects, with geochemical, rock chip, and channel sampling programs underway.Its shares advanced 8% in recent trading on Thursday.

ASX:EUR

Asia63d ago

Vikran Engineering Raises INR500 Million Through Debenture Allotment

Vikran Engineering (NSE:VIKRAN, BOM:544496) has raised 500 million Indian rupees through the allotment of non-convertible debentures on a private placement basis in two tranches, according to a Thursday filing to the Indian stock exchanges.The company allotted secured, rated, unlisted, redeemable, non-convertible debentures denominated in Indian rupees, having a face value of 5 million rupees each.The company allotted debentures worth 200 million rupees in the first tranche, scheduled to mature on April 24, 2028, and 300 million rupees in the second tranche, to mature on April 29, 2028.The company's shares were down over 2% in recent trade.

BOM:544496NSE:VIKRAN

Asia63d ago

Sany Heavy Industry's Q1 Profit Rises Marginally

Sany Heavy Industry (HKG:6031, SHA:600031) recorded 2.48 billion yuan in attributable profit for the first quarter of 2026, rising marginally from 2.47 billion yuan a year earlier, according to a Hong Kong bourse filing Wednesday.The Chinese construction machinery manufacturer's Hong Kong shares fell nearly 2% in late-morning trade Thursday.Earnings per share were 0.2711 yuan, down from 0.2918 yuan in the prior year period.Operating revenue rose 14% year on year to 24.0 billion yuan, figures showed.

HKG:6031SHA:600031

Asia63d ago

FireFly Metals Shares Lower After Completing Sale of Ontario Gold Assets to Bellavista Resources

FireFly Metals (ASX:FFM) shares were down more than 5% in recent Thursday trading after the company said late Wednesday it completed the sale of its Ontario gold assets to Bellavista Resources (ASX:BVR).The assets included a 70% stake in the Pickle Crow gold project and full ownership of the Sioux Lookout project.The deal's scrip consideration is 60 million Bellavista shares and contingent consideration of 50 million Bellavista performance rights. FireFly shareholders are expected to receive one Bellavista share for every 12.8 FireFly shares held through an in-specie distribution with a record date of May 4.

ASX:BVRASX:FFM

Asia63d ago

Orthocell Completes First Commercial Sales of Remplir Nerve Repair Device in Canada

Orthocell (ASX:OCC) has completed first commercial sales of its Remplir nerve repair device in Canada, a milestone in the global rollout of its peripheral nerve reconstruction product, according to a Thursday Australian bourse filing.The company said Remplir is now approved for sale and generating revenue in Australia, New Zealand, the US, Singapore, Hong Kong, and Canada, with expansion planned into the EU and UK markets following expected approval in the second half of calendar 2026.Orthocell held more than AU$48 million in cash as at March 31, with no debt, it added.

ASX:OCC

Asia63d ago

China Railway Signal & Communication's Q1 2026 Profit Falls 7%

China Railway Signal & Communication (SHA:688009, HKG:3969) recorded a 7.2% year-over-year decline in first quarter 2026 attributable profit to 521.4 million yuan from 561.7 million yuan a year earlier, according to a Hong Kong bourse filing Wednesday.The railway signal and communication manufacturer's Hong Kong shares fell over 2% during Thursday's late morning trade.Earnings per share were 0.05 yuan, unchanged from the prior-year period.Revenue fell 3.5% year on year to 6.46 billion yuan, figures showed.

HKG:3969SHA:688009

Asia63d ago

Resources Global Development to Overhaul Indonesia Structure to Bypass Shipping Ownership Rules

Resources Global Development (SGX:V7R) is undertaking a multi-step approach for the internal restructuring of its Indonesian Indonesian subsidiaries, according to a Thursday filing with the Singapore Exchange.Under the move, the Singapore-listed coal trader and shipping firm is looking to consolidate its shipping and logistics assets under Indonesian-listed entity, Paragon Karya Perkasa (IDX:PKPK).The plan includes the acquisition of a 51% stake in Paragon Karya Perkasa from Deli Putra Bangsa for 979.2 billion Indonesian rupiah. Concurrently, Deli Putra Bangsa will sell 24% of its stake in Paragon Karya Perkasa to Deli Pratama Nusantara for 460.8 billion rupiah.The consideration amounts will be settled through a contractual chain of debt assignments and set-offs.Meanwhile, Paragon Karya Perkasa will acquire a stake in Deli Pratama Angkutan Laut from Resources Global Development for 902.2 billion rupiah.The company is undertaking the restructuring exercise following amendments to Indonesian shipping laws which restricts foreign ownership in shipping companies.

IDX:PKPKSGX:V7R

Asia63d ago

Energy One Welcomes ICE Decision to Extend European Energy Market Trading Hours

Energy One (ASX:EOL) said it welcomes the decision by Intercontinental Exchange (ICE) to extend trading hours for its European energy markets to 21 hours a day from April 13, a move it expects to improve liquidity and price discovery for energy market participants, according to a Thursday Australian bourse filing.The company said the change aligns Europe more closely with US and Asian energy markets, allowing gas operators increased trading time to deal with gas market volatility.Longer trading hours are expected to increase opportunities for US and Asian trading companies to enter the European gas and power trading markets, providing incremental additions to Energy One's customer base, the filing added."Energy One is well-placed to support customers navigating longer, more complex trading days, whether through our software platforms or our 24/7 outsourced trading services," said CEO Ben Tranier.The company's shares rose 2% in recent Thursday trade.

ASX:EOL

Asia63d ago

Echo IQ Says EchoSolv AS Software Usage Up Around 131%

Echo IQ (ASX:EIQ) said the usage of EchoSolv AS, its decision support software for the assessment of severe aortic stenosis, a progressive heart condition, was up around 131% quarter over quarter in the three months ended March 31, according to a Thursday Australian bourse filing.The company said 9,220 echocardiograms were processed in the first quarter, from 3,992 in the December 2025 quarter.The company is progressing its heart failure clinical decision support product, EchoSolv HF, through the US Food and Drug Administration 510(k) pathway.It is also focused on securing major US hospital group signings and advancing regulatory clearance via Australia's Therapeutic Goods Administration, per the filing.Echo IQ's shares fell nearly 2% in recent trading on Thursday.

ASX:EIQ

Asia63d ago

Beijing Chunlizhengda Medical Logs 6% Rise in Q1 Profit

Beijing Chunlizhengda Medical Instruments (HKG:1858, SHA:688236) booked 61.7 million yuan in attributable profit for the first quarter of 2026, up 6% from 58.1 million yuan a year earlier, according to a Hong Kong bourse filing Wednesday.The orthopedic medical device manufacturer's Hong Kong shares fell over 15% in late morning trade Thursday.Earnings per share were 0.16 yuan, compared with 0.15 yuan in the prior year period.Revenue fell 5.6% year on year to 217 million yuan, figures showed.

HKG:1858SHA:688236

Asia63d ago

Fujitsu, Oriental Land, JR Central Slide as Japan Stocks Close Earnings Lower

Japanese stocks that reported recent earnings mostly fell on Thursday, tracking a broader market decline, with losses led by companies issuing cautious outlooks despite solid full-year performance.Fujitsu (TYO:6702) slumped 14% after reporting full-year results. Profit attributable to owners of parent more than doubled to 449.41 billion yen, even as revenue edged down 1.3% to 3.503 trillion yen. The company forecast profit attributable to owners of parent of 310 billion yen for the next fiscal year, down 31%, alongside revenue of 3.51 trillion yen.Oriental Land (TYO:4661) dropped 10% after posting full-year earnings. Profit attributable to owners of parent slipped 1.8% to 121.88 billion yen, while revenue rose 3.7% to 704.54 billion yen. The company projected profit attributable to owners of parent of 113.80 billion yen for the next fiscal year, down 6.6%, with revenue expected at 724.31 billion yen.Central Japan Railway (TYO:9022) declined 8% after reporting full-year results. Net income attributable to owners of parent rose 20.6% to 552.87 billion yen as operating revenue increased 9.5% to 2.006 trillion yen. The company expects declines across key metrics in the next fiscal year, forecasting net income attributable to owners of parent to fall about 19% alongside weaker operating income and revenue.

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