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GSS Energy Forecasts Return to Profit in 2026; Shares Zoom 21%

GSS Energy (SGX:41F) is expecting to return to profitability in 2026, after posting a net loss after tax of SG$7.9 million a year earlier, according to a Tuesday filing with the Singapore Exchange.Shares of the precision engineering company surged over 21% in Wednesday trading.The company based the assessment around its current operating performance and business activities.

SGX:41F

Asia63d ago

Pateo Connect Logs Higher Losses in 2025

Pateo Connect Technology (Shanghai) (HKG:2889) logged 1.09 billion yuan in attributable loss for 2025, widening from a loss of 541.2 million yuan in 2024, according to a Hong Kong bourse filing Tuesday.The smart cockpit domain controller provider's shares were up 1% in morning trade Wednesday.Basic loss per share was 7.69 yuan, compared with the 4.11 yuan loss per share in the prior year.Revenue rose 37% year on year to 3.51 billion yuan, figures showed.

HKG:2889

Asia63d ago

Baotou Steel Union Swings to Loss in Q1

Inner Mongolia Baotou Steel Union (SHA:600010) swung year on year to a net loss attributable to shareholders of 462.7 million yuan, or 0.0102 yuan per share, in the first quarter, according to a Shanghai bourse filing on Wednesday.The steel company posted an attributable profit of almost 45 million yuan, or 0.0010 yuan per share, a year earlier.Operating revenue fell 14% to 13.3 billion yuan from 15.4 billion yuan in the previous year.

SHA:600010

Asia63d ago

iFlytek Narrows Q1 Loss; Shares Down 3%

iFlytek (SHE:002230) posted first-quarter attributable net loss of 169.7 million yuan, compared with the 193.3 million yuan loss in the previous year.Loss per share narrowed to 0.07 yuan from 0.08 yuan, according to a Wednesday filing with the Shenzhen bourse.Operating revenue went up 13% year over year to 5.27 billion yuan from 4.66 billion yuan.Shares of the tech company were down 3% in recent trade.

SHE:002230

Asia63d ago

Qingdao Gon Technology Logs 131% Rise in Q1 2026 Profit

Qingdao Gon Technology (HKG:2768, SHE:002768) recorded 256.6 million yuan in attributable profit for the first quarter of 2026, up 131% from 111.1 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The new chemical materials supplier's Hong Kong shares declined over 2% in morning trade Wednesday.Earnings per share were 0.93 yuan, compared with 0.42 yuan in the prior year.Revenue gained 22% year on year to 5.38 billion yuan, figures showed.

HKG:2768SHE:002768

Asia63d ago

Frontage Returns to Profit in Q1

Frontage Holdings (HKG:1521) posted a net profit of $2.9 million for the first quarter, compared with a net loss of $900,000 million a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the biotech firm were up over 2% in Wednesday morning trade.Revenue rose 19% to $67.9 million from $57.1 million in the prior-year period.

HKG:1521

Asia63d ago

Tivan Completes Scoping Study for Northern Territory Project; Shares Up 8%

Tivan (ASX:TVN) completed the scoping study for the Molyhil project in the Northern Territory, confirming that it is a low capital expenditure venture with relatively low technical risk, according to a Wednesday filing with the Australian bourse.Findings showed that the high ore grade, particularly during the initial years of mining, will be further bolstered by molybdenum by-product credits, and minimal haulage requirements will keep logistics costs low, the filing said.The company aims to advance the project towards a final investment decision in 2027, per the filing.Shares rose 8% in afternoon trade on Wednesday.

ASX:TVN

Asia63d ago

CapitaLand Investment's Fee-Related Revenue Up 10% in Q1

CapitaLand Investment's (SGX:9CI) fee-related revenue rose 10% year over year to SG$310 million during the first quarter of the year, according to a Wednesday filing with the Singapore Exchange.The increase in fee-related revenue was driven by strong growth in listed funds, including the company's share of SC Capital Partners' fee revenue.Meanwhile, the private funds segment surged 58% year over year to SG$41 million.

SGX:9CI

Asia63d ago

XCMG Construction Machinery Q1 Profit Up 1%; Shares Rise 3%

XCMG Construction Machinery (SHE:000425) posted first-quarter attributable net profit of 2.06 billion yuan, up 0.9% from 2.04 billion yuan the previous year.Earnings per share rose to 0.175 yuan from 0.172 yuan, according to a Wednesday filing with the Shenzhen bourse.Operating revenue went up 9.3% year over year to 29.8 billion yuan from 27.3 billion yuan.Shares of the construction machinery company were up 3% in recent trade.

SHE:000425

Asia63d ago

Samudera Shipping Line Reports Lower Average Revenue for Container Business in Q1

Samudera Shipping Line (SGX:S56) reported an average revenue of $233 per twenty-foot equivalent unit for its container division in the first quarter of the year, compared with an average revenue of $238 in the year-ago period, according to a filing with the Singapore Exchange on Tuesday..Shares of the shipping company were down nearly 1% in Wednesday's trading.Storage capacity from the logistics division came in at 181,900 pallet positions, up from 164,900 pallet positions a year earlier, the filing showed.Total volume handled grew to 744,900 pallets equivalent, from 535,700 pallet equivalent.

SGX:S56

Asia63d ago

Hong Leong Asia to Raise SG$145 Million Via Share Placement; Shares Down 4%

Hong Leong Asia (SGX:H22) signed a placement agreement with CGS International Securities Singapore to procure subscriptions for 50 million new shares at SG$2.9 per share to raise SG$145 million, according to a Wednesday filing with the Singapore Exchange.The placement will provide the company with flexibility to capitalize on growth opportunities, with proceeds to be used for general working capital and corporate needs.Shares of the manufacturer and distributor of powertrain solutions were down nearly 4% in Wednesday trading.

SGX:H22

Asia63d ago

China Risun Posts Higher Profit in 2025

China Risun (HKG:1907) posted profit attributable to owners of 58 million yuan for 2025, up from 20.1 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the energy chemicals company fell over 1% in morning trade on Wednesday.Earnings per share came in at 0.013 yuan, compared with nil in the prior year.Revenue fell to 39.3 billion yuan from 47.5 billion yuan in 2024.The board proposed a final dividend of 0.0019 yuan per share.

HKG:1907

Asia63d ago

SICC Swings to Loss in Q1 2026

SICC (HKG:2631, SHA:688234) recorded 60.5 million yuan in attributable loss for the first quarter of 2026, swinging from a profit of 8.5 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The semiconductor material company's Hong Kong shares fell nearly 2% in morning trade on Wednesday.Loss per share was 0.13 yuan, compared with 0.02 yuan in earnings in the prior year period.Operating income fell 10% year on year to 365.5 million yuan, figures showed.

HKG:2631SHA:688234

Asia63d ago

iFlytek 2025 Profit Up 50%; Shares Down 3%

iFlytek (SHE:002230) posted 2025 attributable net profit of 839.4 million yuan, up 50% from 560.2 million yuan the previous year.Earnings per share rose to 0.36 yuan from 0.24 yuan, according to a Wednesday filing with the Shenzhen bourse.Operating revenue went up 16% year over year to 27.1 billion yuan from 23.3 billion yuan.Shares of the tech company were down 3% in recent trade.

SHE:002230

Asia63d ago

Liontown Advances Western Australia Lithium Operation Expansion With Early Works, Procurement

Liontown (ASX:LTR) initiated early works and secured long-lead equipment for the planned expansion of its Kathleen Valley Lithium Operation in Western Australia, ahead of a final investment decision (FID) expected by the end of the first quarter of fiscal 2027, according to a Wednesday Australian bourse filing.The initial program involves acquiring a 5.5-megawatt ball mill, conducting pre-development drilling, expanding mine infrastructure, developing the Northwest Flats orebody underground, and increasing operational capacity to boost production and efficiency, per the filing.The company has committed around AU$12 million over the next 12 months for the ball mill purchase, with fiscal 2026 early works cash expenditure expected at AU$15 million to AU$18 million and pre-FID spending projected to reach up to AU$77 million, the filing added.The company's shares rose around 1% in recent Wednesday trade.

ASX:LTR

Asia63d ago

China National Uranium's Q1 Profit Rises 53%

China National Uranium's (SHE:001280) net profit attributable to shareholders jumped 53% to 214.1 million yuan in the first quarter from 140.2 million yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share climbed 25% year on year to 0.10 yuan from 0.08 yuan.Operating revenue rose 8.6% to 3.56 billion yuan from 3.28 billion yuan in the previous year.

SHE:001280

Asia63d ago

Tong Tong AI Social's Profit Rises in 2025; Shares Jump 10%

Tong Tong AI Social (HKG:0628) reported profit attributable to owners of 61.7 million yuan for 2025, up from 39.6 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the firm were up nearly 10% in Wednesday morning trade.Earnings per share came in at 0.0119 yuan, compared with 0.0098 yuan a year earlier.Revenue rose to 412.2 million yuan from 264.1 million yuan in 2024.

HKG:0628

Asia63d ago

Ecopro BM Swings to Profit in Q1

Ecopro BM (KOSDAQ:247540) posted first-quarter net income of 12.2 billion won, rebounding from a net loss of 9.97 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.The South Korean chemicals manufacturer's sales fell 3.9% year over year to 605.4 billion won from 629.8 billion won.Shares of Ecopro BM fell more than 1% in recent trade.

KOSDAQ:247540

Asia63d ago

XCMG Construction Machinery 2025 Profit Up 9%; Shares Rise 3%

XCMG Construction Machinery (SHE:000425) posted 2025 attributable net profit of 6.57 billion yuan, up 9.0% from 6.03 billion yuan the previous year.Earnings per share rose to 0.57 yuan from 0.51 yuan, according to a Wednesday filing with the Shenzhen bourse.Operating revenue went up 8.4% year over year to 100.8 billion yuan from 93.0 billion yuan.Shares of the construction machinery company were up 3% in recent trade.

SHE:000425

Asia63d ago

LONGi's 2025 Loss Narrows; Shares Fall 3%

LONGi Green Energy Technology's (SHA:601012) attributable loss narrowed to 6.42 billion yuan in 2025 from 8.59 billion yuan, after adjustments, in 2024, according to a Wednesday filing with the Shanghai bourse.The solar wafer manufacturer's loss per share reached 0.85 yuan, narrower than the 1.14 yuan loss recorded in the previous year.Operating revenue declined 15% year over year to 70.3 billion yuan from 82.6 billion yuan.Shares decreased 3% during morning trading on Wednesday.

SHA:601012

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