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Samho Development Secures KRW34.8 Billion Nongso-Gangdong Road Construction Project

Samho Development (KRX:010960) secured the Nongso-Gangdong road construction project, valued at 34.8 billion won, from City Construction and others, according to a Tuesday filing with the Korea Exchange.The project is valid until Jan. 28, 2031.Shares of the company rose nearly 1% in recent trade.

KRX:010960

Asia64d ago

CIG Shanghai's Profit Surges 276% in Q1; Shares Slip 9%

CIG Shanghai's (HKG:6166, SHA:603083) net profit attributable to shareholders surged 276% to 118.3 million yuan in the first quarter, from 31.4 million yuan a year earlier, according to a Monday Hong Kong bourse filing.The data transmission device maker's Hong Kong-listed shares fell nearly 9% in Tuesday morning trade.Earnings per share came in at 0.34 yuan, compared with 0.12 yuan in the prior-year period.Operating revenue rose 44% to 1.29 billion yuan from 893.6 million yuan a year earlier.

HKG:6166SHA:603083

Asia64d ago

American Tungsten & Antimony Establishes American Depositary Receipt Program with Deutsche Bank Trust

American Tungsten & Antimony (ASX:AT4) established its sponsored level 1 American depositary receipt program with Deutsche Bank Trust, ahead of its proposed listing on Nasdaq, according to a Tuesday Australian bourse filing.The program provides the regulatory framework for a US dollar-denominated trading of the firm's American depositary receipts by US investors through standard US brokerage platforms under the ticker "ATAYY." Trading is expected to begin in connection with the proposed Nasdaq listing.Its shares fell 1% in recent trading on Tuesday.

ASX:AT4

Asia64d ago

Kuang-Chi Technologies Q1 Profit Up 17%; Shares Down 4%

Kuang-Chi Technologies (SHE:002625) posted first-quarter attributable net profit of 176.2 million yuan, up 17% from 150.5 million yuan the previous year.Earnings per share rose to 0.08 yuan from 0.07 yuan, according to a Tuesday filing with the Shenzhen bourse.Revenue rose 40% year over year to 522.3 million yuan from 372.4 million yuan.Shares of the metamaterial company declined 4% in recent trade.

SHE:002625

Asia64d ago

Market Chatter: Hitachi Targets Growth With AI Integration After Record Earnings; Shares Down 5%

Hitachi (TYO:6501) will lean on deeper integration of artificial intelligence with its infrastructure business to drive growth after delivering record earnings, Nikkei reported Tuesday, citing the company's earnings presentation.The company will look to sustain momentum from AI-linked demand and forecasts net profit of 850 billion yen for the year ending March 2027, up 6%, according to the report.Hitachi will expand deployment of its HMAX platform, which uses AI to analyze data from sensors embedded in infrastructure such as trains and power systems to improve efficiency. The system has already been used on about 2,000 trains in Europe, cutting delays by 20% and maintenance costs by 15%, according to the company, the report said.The group will roll out the technology across its broader infrastructure operations, including power networks and buildings, as part of its push into "physical AI," according to the report.Shares of the company fell nearly 5% in recent trade.(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:6501

Asia64d ago

XD Electric's Q1 Profit Jumps 17.5%; Shares Up 4%

China XD Electric's (SHA:601179) net profit attributable to shareholders in the first quarter jumped 17.5% year on year to 346.6 million yuan from 294.9 million yuan, according to a Shanghai bourse filing on Tuesday.Earnings per share also climbed to 0.0676 yuan from 0.0575 yuan last year.Revenue rose 5% to 5.51 billion yuan from 5.24 billion yuan.Shares of the power transmission and distribution equipment manufacturer jumped almost 4% Tuesday morning in Shanghai.

SHA:601179

Asia64d ago

Kuang-Chi Technologies' 2025 Profit Up 5%; Shares Slide 4%

Kuang-Chi Technologies (SHE:002625) posted 2025 attributable net profit of 686.9 million yuan, up 5.4% from 652.0 million yuan the previous year.Earnings per share rose to 0.32 yuan from 0.30 yuan, according to a Tuesday filing with the Shenzhen bourse.Revenue edged up 31% year over year to 2.05 billion yuan from 1.56 billion yuan.Shares of the metamaterial company declined 4% in recent trade.

SHE:002625

Asia64d ago

Woojin I&S Wins Construction Equipment Works Contract from Posco E&C

Woojin I&S (KRX:010400) secured a contract to provide construction equipment works at the Seoripul mixed-use business complex project from Posco (KRX:005490) subsidiary Posco E&C, according to a Tuesday filing with the Korea Exchange.The contract, valued at 25.6 billion won, is valid till June 30, 2030.Shares of Woojin I&S rose more than 1% in recent trade, while those of Posco jumped over 11%.

KRX:005490KRX:010400

Asia64d ago

Tsingtao Brewery's Q1 Profit Rises 5% Despite Revenue Drop; Hong Kong Shares Up 3%

Tsingtao Brewery (HKG:0168, SHA:600600) posted a 5.2% year-over-year increase in attributable net profit in the first quarter to 1.8 billion yuan from 1.71 billion yuan.Earnings per share rose to 1.319 yuan from 1.253 yuan, according to filings with the Hong Kong and Shenzhen bourses late Monday.Revenue, however, dropped 1.5% to 10.3 billion yuan from 10.4 billion yuan in Q1 2025.Shares of the brewing company rose more than 3% in Hong Kong, and were up nearly 2% in Shanghai recently.

HKG:0168SHA:600600

Asia64d ago

Baiyunshan Pharmaceutical's Profit Falls 2% in Q1; Shanghai Shares Up 3%

Guangzhou Baiyunshan Pharmaceutical's (HKG:0874, SHA:600332) net profit attributable to shareholders fell 2.1% to 1.78 billion yuan in the first quarter, from 1.82 billion yuan a year earlier, according to a Monday Hong Kong bourse filing.Earnings per share came in at 1.097 yuan, compared with 1.120 yuan in the prior-year period.Income from operations rose 3.6% to 23.3 billion yuan from 22.5 billion yuan a year earlier.The pharmaceutical company's Hong Kong shares rose 2% during Tuesday morning's trade, while its Shanghai-listed shares were up 3%

HKG:0874SHA:600332

Asia64d ago

Piotech's 2025 Profit Rises 35%, Revenue Jumps 59%; Shares Up 4%

Piotech's (SHA:688072) net profit attributable to shareholders in 2025 rose 35% to 926.7 million yuan from 688.2 million yuan a year earlier, according to a Shanghai bourse filing on Tuesday.Earnings per share increased 34% year on year to 3.29 yuan from 2.46 yuan.Operating revenue jumped 59% to 6.52 billion yuan from 4.10 billion yuan in the preceding year.The Chinese semiconductor device manufacturer's shares soared 4% in the morning trade.

SHA:688072

Asia64d ago

Rongsheng Petrochemical 2025 Profit Up 17%; Shares Rise 3%

Rongsheng Petrochemical (SHE:002493) posted 2025 attributable net profit of 848.3 million yuan, up 17% from 724.5 million yuan the previous year.Earnings per share rose to 0.09 yuan from 0.08 yuan, according to a Tuesday filing with the Shenzhen bourse.Revenue declined 5.5% year over year to 308.6 billion yuan from 326.5 billion yuan.Shares of the petrochemical company rose 3% in recent trade.

SHE:002493

Asia64d ago

Rongsheng Petrochemical Q1 Profit Jumps 378%; Shares Up 3%

Rongsheng Petrochemical (SHE:002493) posted first-quarter attributable net profit of 2.82 billion yuan, up 378% from 588.4 million yuan the previous year.Earnings per share rose to 0.29 yuan from 0.06 yuan, according to a Tuesday filing with the Shenzhen bourse.Revenue declined 19% year over year to 60.6 billion yuan from 75.0 billion yuan.Shares of the petrochemical company rose 3% in recent trade.

SHE:002493

Asia64d ago

Guangdong HEC Technology's Q1 Profit Plunges 57%, Revenue Up 27%

Guangdong HEC Technology (SHA:600673) posted first-quarter attributable net profit of 119.3 million yuan, down 57% from 278 million yuan the previous year.Earnings per share fell to 0.04 yuan from 0.095 yuan, according to a Tuesday filing with the Shanghai bourse.The electronic components manufacturer's revenue rose 27% year over year to 4.25 billion yuan from 3.35 billion yuan.Shares of the company climbed almost 3% in recent trade.

SHA:600673

Asia64d ago

Stimulation Equipment Arrives at Elixir Energy's Queensland Well Site, Shares Up 7%

Elixir Energy (ASX:EXR) said stimulation equipment arrived and rigging up began at the Diona-1 well site in the Surat-Bowen basin in Queensland, according to a Tuesday Australian bourse filing.The equipment will be used for the three-zone fracture stimulation operations of the net gas-condensate pay measured at Diona-1.Flowback, production, and pressure-monitoring tests will begin at the well after fracture stimulation, completion, and rigging up of well testing equipment.Its shares rose 7% in recent trading on Tuesday.

ASX:EXR

Asia64d ago

Guofu Hydrogen Energy Invests $3.6 Million in U Power

Jiangsu Guofu Hydrogen Energy Equipment (HKG:2582) agreed to invest $3.6 million in Nasdaq-listed U Power for an 8.70% stake in the business, according to a Hong Kong bourse filing Monday.Shares of the hydrogen energy equipment provider fell over 1% in morning trade Tuesday.Guofu Hydrogen said the subscription is a long-term investment which "may bring positive returns."

HKG:2582

Asia64d ago

Tianyu Semiconductor's Loss Narrows in 2025

Guangdong Tianyu Semiconductor (HKG:2658) posted a loss attributable to equity shareholders of 55.6 million yuan for 2025, narrowing from a loss of 492.5 million yuan a year earlier, according to a Monday Hong Kong bourse filing.Shares of the firm were down over 2% in Tuesday morning trade.Loss per share came in at 0.15 yuan, compared with 1.36 yuan in 2024.Revenue rose 37% to 709.2 million yuan from 519.6 million yuan a year earlier.

HKG:2658

Asia64d ago

Mapletree Pan Asia Commercial Trust's DPU Declines 2.6% in Fiscal Q4

Mapletree Pan Asia Commercial Trust's (SGX:N2IU) distribution per unit or DPU fell by 2.6% in the fiscal fourth quarter ended March 31 to SG$0.019 from SG$0.0195 a year earlier, according to a Tuesday filing with the Singapore Exchange.Amount available for distribution to unitholders was down 3.3% to SG$100.2 million from SG$103.6 million.Net property income declined by 5.9% to SG$159.6 million from SG$169.5 million in the year-ago period.Gross revenue edged down 5.5% year over year to SG$210.7 million from SG$222.9 million, despite an improved portfolio committed occupancy of 89.4% compared to the previous quarter.

SGX:N2IU

Asia64d ago

First Graphene Agrees to Acquire Graphene Technology Company Assets

First Graphene (ASX:FGR) agreed to acquire all manufacturing, intellectual property, and development assets of Ionic Industries and its Imagine Intelligent Materials subsidiary for a total consideration of AU$250,000 in cash and shares, according to a Tuesday filing with the Australian bourse.The acquisition is expected to settle within 90 days, the filing said.First Graphene's shares rose nearly 2% in midday trade Tuesday.

ASX:FGR

Asia64d ago

Sichuan Biokin Pharma Posts 128% Profit Drop in 2025 as Revenue Halves; Shares Down 3%

Sichuan Biokin Pharmaceutical (SHA:688506) reported a 128% decrease in net profit in 2025 to 1.05 billion yuan from 3.71 billion yuan a year earlier.Earnings per share plunged to 2.61 yuan from 9.25 yuan, the pharmaceutical company said in a Shanghai bourse filing on Tuesday.Revenue slumped 57% to 2.52 billion yuan from 5.82 billion yuan.Biokin attributed the lackluster performance to a high comparison base as the revenue generated in 2024 benefited from the intellectual property cooperation agreement it reached with BMS on a product called Iza-bren.Shares of the company fell 3% in recent trade.

SHA:688506

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