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Hulic's Profit Climbs 5.6% in Q1

Hulic's (TYO:3003) profit attributable to owners of the parent rose 5.6% to 18.1 billion yen in the first quarter from 17.2 billion yen a year earlier.The real estate and insurance company's earnings per share increased to 23.89 yen from 22.57 yen a year ago, according to a Tokyo bourse filing on Monday.Net sales jumped 45% to 226.8 billion yen in Q1 from 156.6 billion yen in the prior-year period.For the full year, the company expects attributable profit of 121 billion yen and EPS of 159.41 yen.Hulic plans to pay interim and year-end dividends of 33.50 yen per share each for the year, which is higher than the amount paid the previous year

TYO:3003

Asia64d ago

Market Chatter: Indonesia's Financial Regulator OJK Recognized by MSCI for Capital Market Reforms

Indonesia's financial regulator, Otoritas Jasa Keuangan (OJK), shared the results of a meeting with the MSCI carried out a week ago, Bisnis.com reported Monday.Hasan Fawzi, chief executive of Capital Market, Derivative Finance, and Carbon Exchange Supervision at OJK, said the MSCI recognized Indonesia's achievements in reforming its capital market.The changes revolve around transparency related to share ownership and the classification of investor types from nine to 39 among other actions, according to the report.Hassan said his party hopes to see the results from the reforms reflected in MSCI's quarterly rebalancing, Bisnis.com reported.(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.)

^JKSE

Asia64d ago

Hyundai Mobis to Retire Shares Worth KRW500 Billion

Hyundai Mobis (KRX:012330) plans to retire 1.1 million common shares, valued at 500 billion won, the South Korean auto parts manufacturer said in a Monday filing with Korea Exchange.The shares have a par value of 5,000 per share.The share buyback will take place between April 27 and July 24. Hyundai Motor Securities will carry out the buyback, according to the filing.Shares of the company rose more than 2% at market close.

KRX:012330

Asia64d ago

Tong Ren Tang Technologies Logs 169 Million Yuan in Q1 Profit

Tong Ren Tang Technologies (HKG:1666) recorded attributable profit of around 169.4 million yuan in the three months ended March 31, according to a Monday Hong Kong bourse filing.The traditional Chinese medicine manufacturer's operating revenue stood at approximately 1.81 billion yuan in the quarter.

HKG:1666

Asia64d ago

Mermaid Maritime Unit, Serikandi Oilfield Services Set Up Joint Venture in Brunei

Mermaid Maritime (SGX:DU4) unit Mermaid Subsea Services (Thailand) and Serikandi Oilfield Services established a joint venture company in Brunei named Serikandi Mermaid SDN, according to a Monday filing with the Singapore Exchange.The new business will focus on offshore transportation and installation; inspection, repair, and Maintenance; decommissioning; and pipeline projects in Brunei.

SGX:DU4

Asia64d ago

Kinden's Fiscal-Year Profit Surges 47%; Raises Final Dividend Payout

Kinden's (TYO:1944) profit attributable to owners of the parent surged 47% to 69.4 billion yen for the fiscal year ended March 31, 2026, from 47.3 billion yen a year earlier.The integrated systems engineering company's basic earnings per share increased to 350.53 yen from 236.26 yen a year ago, according to a Tokyo bourse filing on Monday.Net sales rose 6.5% to 750.7 billion yen from 705.1 billion yen in the prior year.In a separate disclosure, Kinden raised its final dividend payout to 70 yen per share from 65 yen planned initially, payable from June 25.For the fiscal year ending March 31, 2027, the company expects attributable profit of 70 billion yen, basic EPS of 406.46 yen, and net sales of 810 billion yen.Kinden plans to pay interim and year-end dividends of 120 yen per share, each, for the year, which is higher than the amount paid in the year-ago period.

TYO:1944

Asia64d ago

Nitto Denko's Profit Slips 2.7% for Fiscal Year 2025

Nitto Denko's (TYO:6988) profit attributable to owners of the parent slipped 2.7% to 133.5 billion yen for the fiscal year 2025 from 137.2 billion yen a year earlier.The company's earnings per share increased to 197.11 yen from 195.65 yen a year ago, according to a Tokyo bourse filing on Monday.Revenue edged up 1.4% to 1.028 trillion yen for the year ended March 31 from 1.014 trillion yen in the prior year.It declared a final dividend of 30 yen per share, payable from June 22.For the fiscal year ending March 31, 2027, the company expects attributable profit of 141 billion yen, basic EPS of 209.30 yen, and revenue of 1.065 trillion yen.Nitto Denko plans to pay interim and year-end dividends of 32 yen per share, each, for the current fiscal year, which is higher than the amount paid in the year-ago period.

TYO:6988

Asia64d ago

CapitaLand Ascendas REIT Reports Lower Portfolio Occupancy in Q1

CapitaLand Ascendas REIT's (SGX:A17U) portfolio occupancy dropped to 90.5% during the first quarter of the year from 91.5% in the prior quarter, according to a Monday filing with the Singapore Exchange.Portfolio rental revision stood at 10.6%, compared to 11% a year earlier.Meanwhile, weighted average lease expiry came in at 3.8 years.

SGX:A17U

Asia64d ago

Olam's Group CEO Steps Down

Olam's (SGX:VC2) group chief executive officer, Sunny George Verghese, resigned from the post, effective Monday, according to a same-day filing with the Singapore Exchange.Verghese is stepping down to become the CEO of the company's subsidiary, Olam Agri, the filing said.

SGX:VC2

Asia64d ago

Intraco Buys Back More Shares

Intraco (SGX:I06) bought back 101 shares in the open market on Monday for SG$38, or about SG$0.38 per share, according to a same-day filing with the Singapore Exchange.The plastics resin and other petrochemical products company has been authorized to repurchase 10.7 million shares under its current mandate and has so far bought back nearly 12,901 shares.

SGX:I06

Asia64d ago

Al-'Aqar Healthcare REIT Seeks Renewal of Transactions Mandate

Al-'Aqar Healthcare REIT (KLSE:ALAQAR) is seeking to renew its authorization to conduct revenue-generating transactions at its upcoming annual general meeting, according to a Friday Malaysian bourse filing.The company will share a statement containing details of the plans with shareholders in due time, it said.

KLSE:ALAQAR

Asia64d ago

Daiwa Securities' Profit Climbs 14% for Fiscal Year 2025

Daiwa Securities' (TYO:8601) profit attributable to owners of the parent climbed 14% to 175.3 billion yen for the fiscal year 2025 from 154.4 billion yen a year earlier.The investment banking group's net income per share increased to 124.15 yen from 107.64 yen a year ago, according to a Tokyo bourse filing on Monday.Net operating revenue jumped 12% to 720.4 billion yen for the full year ended March 31 from 646.0 billion yen in the prior year. Operating revenue gained 7% to 1.468 trillion yen from 1.372 trillion yen.It declared a final dividend of 35 yen per share, payable from June 1, according to a separate disclosure.The bank does not disclose earnings forecasts for the fiscal year 2026, as its performance is significantly influenced by market conditions.Daiwa plans to pay a minimum annual dividend of 44 yen per share for the year, aligning with its policy of more than 50% payout ratio.

TYO:8601

Asia64d ago

Avic Aviation High-Technology's Attributable Profit Slides 30% in Q1

Avic Aviation High-Technology (SHA:600862) attributable profit fell 30% to 250.9 million yuan in the first quarter from 357.8 million yuan in the year-ago period, according to a Saturday filing with the Shanghai bourse.Earnings per share at the Chinese new aviation materials maker decreased to 0.181 yuan from 0.257 yuan in the prior-year period.Operating revenue declined 23% year over year to 1.08 billion yuan from 1.40 billion yuan.

SHA:600862

Asia64d ago

Cathay Real Estate Logs NT$1.4 Billion Profit in Q1

Cathay Real Estate Development (TPE:2501) reported an attributable net profit of NT$1.4 billion for the first quarter, or NT$1.21 per share, according to a Monday Taiwan Exchange filing.Operating revenue for the period came in at NT$11.2 billion, the tech company said.The company did not disclose comparative year-ago figures.

TPE:2501

Asia64d ago

Iskandar Waterfront City to Seek Renewal of Transactions Authority

Iskandar Waterfront City (KLSE:IWCITY) is seeking to renew its authorization to conduct revenue-generating transactions at its upcoming annual general meeting, according to a Monday Malaysian bourse filing.The sugar products producer will share details of the plans with shareholders in due time, it said.

KLSE:IWCITY

Asia64d ago

Astellas Pharma's Profit Surges 475% in Fiscal 2025

Astellas Pharma's (TYO:4503) profit attributable to owners of the parent soared 475% to 291.5 billion yen in fiscal year 2025 from 50.7 billion yen a year earlier.The pharmaceutical firm's earnings per share increased to 162.22 yen from 28.24 yen a year ago, according to a Tokyo bourse filing on Friday.Revenue jumped 12% to 2.139 trillion yen in the year ended March 31 from 1.912 trillion yen in the prior year.During the year, Astellas Pharma booked a 16.4 billion yen impairment loss for intangible assets related to AT132 following a halt in the gene therapy program and a redeployment of resources to ASP2957, the company said in a separate disclosure.The Japanese firm declared a final dividend of 39 yen per share for fiscal 2025, payable from June 3.For fiscal 2026, the company expects attributable profit of 300 billion yen, basic EPS of 167.46 yen, and revenue of 2.220 trillion yen.Astellas plans to pay interim and year-end dividends of 40 yen per share each for the year, which is higher than the amount paid in the year-ago period.

TYO:4503

Asia64d ago

Livingstone Health Allots and Issues Over 1.1 Million Shares

Livingstone Health (SGX:PRH) allotted and issued 1.1 million shares pursuant to the exercise of warrants, according to a filing with the Singapore Exchange on Monday.Following the allotment and issuance of the shares, the total number of issued and paid-up capital of the company has increased to 630.5 million shares.The shares are expected to be listed and quoted on the Catalist on or about April 30.

SGX:PRH

Asia64d ago

Maanshan Turns to Profit in Q1

Maanshan Iron & Steel (SHA:600808, HKG:0323) turned to an attributable profit of 42.4 million yuan in the first quarter from an attributable loss of 144.1 million yuan in the year-ago period, according to a Saturday filing with the Shanghai bourse.The iron company logged earnings per share of 0.01 yuan compared with a loss per share of 0.02 yuan in the prior-year period.Operating revenue declined 8.8% year over year to 17.7 billion yuan from 19.4 billion yuan.

HKG:0323SHA:600808

Asia64d ago

Mahindra & Mahindra Financial Services Chief Business Officer - Wheels Resigns

Mahindra & Mahindra Financial Services (NSE:M&MFIN, BOM:532720) said chief business officer - wheels has resigned to pursue other interests, according to a Friday filing on Indian bourses.Shares of the company jumped 8% in Monday's trade.He will continue to be associated with the company in a consulting role for the wheels business, the filing said.

BOM:532720NSE:M&MFIN

Asia64d ago

China's Commitment to Low-Carbon Energy Bearing Fruit, S&P Says

S&P Global Ratings sees China's longstanding investment in low-carbon energy yielding results, especially given current oil price shocks, according to a Monday release.Nonfossils have a 40% share of the country's current power generation, S&P said.Following an initial period of overinvestment and focus on scale, the sector is shifting to better cost discipline and profitability goals, the rating agency said.Balancing capacity with uptake will be a main concern for the sector's next phase, given that grid buildout lags renewable capacity additions, S&P credit analyst Christopher Yip said.Meanwhile, regions with renewable output surpassing demand face curtailment risks, the analyst said.Producers who are able to optimize their trading strategy or distribute through better grid systems should survive this more demanding phase, S&P said.A full supply chain anchoring solar and wind generation and grid infrastructure should support lower costs for local players compared to global peers, S&P said.

Shanghai Composite^SZSE

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