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China Petroleum Engineering's Attributable Profit Rises 8% in Q1

China Petroleum Engineering's (SHA:600339) attributable profit rose 8.4% to 210.6 million yuan in the first quarter from 194.2 million yuan in the year-ago period, according to a Saturday filing with the Shanghai/Shenzhen bourse.Earnings per share at the energy engineering company increased 8.4% to 0.0377 yuan from 0.0348 yuan in the prior-year period.Operating revenue slipped 1.5% year over year to 16.9 billion yuan from 17.1 billion yuan.

SHA:600339

Asia64d ago

Tokyo Electron Taiwan Unit Fined in Customer Data Case

Tokyo Electron (TYO:8035) said a Taiwan court has ordered its subsidiary Tokyo Electron Taiwan to pay a fine over a case involving a former employee and a customer's confidential information, according to a Monday filing on the Tokyo Stock Exchange.The court imposed a fine of NT$150 million, with the sentence suspended for three years subject to payments of NT$100 million to the affected customer and NT$50 million to the Taiwanese government.The company said the ruling relates to inadequate supervisory obligations but found no organizational involvement or external leakage of confidential information.

TYO:8035

Asia64d ago

North Navigation Control Technology's Attributable Loss Narrows in Q1

North Navigation Control Technology's (SHA:600435) attributable loss narrowed to 15.7 million yuan in the first quarter from 16.8 million yuan in the year-ago period, according to a Saturday filing with the Shanghai bourse.The navigation control products manufacturer logged a loss per share of 0.0104 yuan, narrowing from 0.0111 yuan in the prior-year period.Operating revenue grew 23% year over year to 431.5 million yuan from 351.7 million yuan.

SHA:600435

Asia64d ago

TVS Srichakra Launches New Eurogrip Tyres Store in Bahraich, India

TVS Srichakra (NSE:TVSSRICHAK, BOM:509243) opened a new exclusive retail store for Eurogrip Tyres, a two-wheeler and three-wheeler tire brand at Bahraich in Uttar Pradesh, India, according to a Monday filing to the Indian stock exchanges.This is the Eurogrip brand's 15th signature store in India.The company's shares were up over 1% in recent trade.

BOM:509243NSE:TVSSRICHAK

Asia64d ago

Shionogi to Absorb Torii Pharmaceutical in April 2027 Merger

Shionogi & Co (TYO:4507) will absorb its wholly owned subsidiary Torii Pharmaceutical through an absorption-type merger effective April 1, 2027, as it moves to strengthen integration and decision-making, according to a Monday filing on the Tokyo Stock Exchange.The companies signed the merger agreement on April 27 following board approval the same day.Shionogi will remain the surviving entity, while Torii Pharmaceutical will be dissolved, with no new shares or cash consideration issued as part of the transaction.The company said the merger will deepen collaboration and enhance synergies, particularly in therapeutic areas such as allergy and dermatology.

TYO:4507

Asia64d ago

Hitachi's Net Attributable Income Surges 30% in Fiscal Year 2025

Hitachi's(TYO:6501) net income attributable to owners of the parent surged by 30% to 802.3 billion yen for the fiscal year 2025 from 615.7 billlion yen a year ago.The company, which offers systems to power and renewable energy firms' net income per share increased to 176.63 yen from 133.72 yen a year ago, according to a Tokyo bourse filing on Monday.Revenues jumped 8% to 10.6 trillion yen for the full year ended March 31 from 9.783 trillion yen the prior year.In a separate disclosure, Hitachi planned a year-end dividend of 27 yen per share, based on earnings performance and other factors.The dividend, totalling approximately 121.5 billion yen, is scheduled to be finalized by the Board of Directors in May and will be paid on June 4.For the fiscal year 2026, the company expects attributable net income of 850 billion yen and revenues of 11.1 trillion yen.Hitachi plans to pay an interim dividend of 28 yen per share each for the current fiscal year.

TYO:6501

Asia64d ago

Keihanshin Building Gets Treasury Stock Proposal Ahead of AGM

Keihanshin Building (TYO:8818) said it has received a shareholder proposal seeking the acquisition of treasury stock from specified shareholders, ahead of its annual general meeting in June, according to a Monday filing on the Tokyo Stock Exchange.The proposal was submitted by Intertrust Trustees (Cayman) and Strategic Capital.

TYO:8818

Asia64d ago

Murata Manufacturing Says No Further Damage Found in Cyberattack Probe

Murata Manufacturing (TYO:6981) said it has not identified any additional damage from a recent unauthorized access to its IT systems, while investigations into the incident continue, according to a Monday filing on the Tokyo Stock Exchange.The company said the breach, first detected in late February, resulted in unauthorized access to data, potentially affecting about 73,000 employees and related individuals, as well as roughly 15,000 external stakeholders.Murata said its systems are operating normally, with no impact on production or sales, and it has not confirmed any secondary misuse or public exposure of the compromised information.

TYO:6981

Asia64d ago

Kyokuyo Unit Enters Bankruptcy Proceedings in Thailand

A Thai court has placed Kyokuyo Thailand under receivership, with bankruptcy proceedings set to follow, its parent, Japanese general foods company Kyokuyo (TYO:1301) said in a Monday filing on the Tokyo Stock Exchange.The move follows a lawsuit by Krung Thai Bank over factoring debt, with Thailand's Supreme Court ordering the subsidiary to pay 279 million baht plus interest in 2024.Kyokuyo Thailand had total liabilities of about 1.45 billion yen as of the end of December 2025.Kyokuyo has no outstanding claims against the unit and has already fully provided for related losses, it said.

TYO:1301

Asia64d ago

Jiangxi Hongdu Aviation Industry Returns to Attributable in Q1

Jiangxi Hongdu Aviation Industry (SHA:600316) returned to an attributable profit of 5.8 million yuan in the first quarter, from an attributable loss of 8.5 million yuan in the year-ago period, according to a Saturday filing with the Shanghai bourse.The aircraft manufacturer logged earnings per share of 0.0081 yuan compared with a loss per share of 0.0119 yuan in the prior-year period.Operating revenue grew 73% year over year to 884.3 million yuan from 509.7 million yuan.

SHA:600316

Asia64d ago

Grinm Advanced Materials Q1 Profit Up 31%, Revenue Climbs 61%

Grinm Advanced Materials (SHA:600206) posted first-quarter attributable net profit of 88.3 million yuan, up 31% from 67.4 million yuan the previous year.Earnings per share climbed to 0.104 yuan from 0.080 yuan, according to a weekend filing on the Shanghai bourse.The advanced materials manufacturer's operating revenue went up 61% year over year to 2.96 billion yuan from 1.84 billion yuan.

SHA:600206

Asia64d ago

Flat Glass' Profit Falls 64% in Q1

Flat Glass' (HKG:6865) profit attributable to owners fell 64% to 38.1 million yuan in the first quarter, from 106.1 million yuan a year earlier, according to a Monday Hong Kong bourse filing.Earnings per share at the solar glass manufacturer came in at 0.02 yuan, compared with 0.05 yuan in the prior-year period.Operating revenue fell 10% to 3.67 billion yuan from 4.08 billion yuan a year earlier.

HKG:6865

Asia64d ago

Goodcom Asset to Sell Residential Properties to Fifth Private Fund

Goodcom Asset (TYO:3475) will sell a portfolio of residential properties to its fifth privately placed real estate fund, as it expands its fund business, according to a Monday filing on the Tokyo Stock Exchange.The portfolio includes 10 condominium properties under the "Genovia" brand across Tokyo and nearby regions, totaling 584 units.The buyer is a special-purpose company backed by Goodcom Asset and institutional investors through an anonymous partnership structure.The company said the transaction value represents about 33% of its consolidated net sales for the fiscal year ended October 2025.Goodcom Asset expects to complete the sale on April 30.

TYO:3475

Asia64d ago

Grinm Advanced Materials' Attributable Profit Rises 79% in 2025

Grinm Advanced Materials' (SHA:600206) attributable profit rose 79% to 264.8 million yuan in 2025 from 147.7 million yuan in 2024, according to a Saturday filing with the Shanghai bourse.Earnings per share at the advanced materials manufacturer increased 80% to 0.313 yuan from 0.174 yuan in the previous year.Operating revenue grew 4.3% year over year to 9.54 billion yuan from 9.15 billion yuan.

SHA:600206

Asia64d ago

Hong Kong Stocks Edge Lower as U.S.-Iran Talks Stall; CITIC Securities Gains on Profit Jump

Hong Kong stocks ended little changed Monday as U.S.-Iran talks stalled, heightening concerns over potential disruptions to energy flows.The Hang Seng Index fell 52.42 points to end marginally lower at 25,925.65, while the Hang Seng China Enterprises Index dropped 19.30 points to 8,756.32.U.S. President Donald Trump scrapped plans to send envoys to Islamabad for weekend talks, signaling a pause in diplomatic efforts.He said Sunday Iran could call if it wants to negotiate an end to the conflict, while insisting it must not possess nuclear weapons, after Tehran urged the removal of obstacles to a deal, including the U.S. blockade of its ports.Sentiment was partially supported after an Axios report said Iran may prioritize reopening the strait while postponing nuclear negotiations.Meanwhile, China's industrial profits accelerated in March, marking their fastest growth in six months.Profits rose 15.8% year on year, up from a 15.2% increase in the January-February period, according to data from the National Bureau of Statistics released Monday.In corporate news, CITIC Securities (HKG:6030, SHA:600030) closed nearly 2% higher after reporting a 55% growth in first-quarter profit.

Hang SengHKG:6030SHA:600030

Asia64d ago

WuXi AppTec's Q1 Profit Up 27%

WuXi AppTec (HKG:2359) booked 4.65 billion yuan in attributable profit for the first quarter of 2026, up 27% from 3.67 billion yuan a year earlier, according to a Hong Kong bourse filing Monday.Earnings per share were 1.58 yuan, compared with 1.28 yuan in the prior year.Revenue jumped 29% year on year to 12.44 billion yuan, figures showed.

HKG:2359

Asia64d ago

Care Health Insurance CEO Steps Down

Religare Enterprises (NSE:RELIGARE, BOM:532915) said the managing director and chief executive officer of its subsidiary, Care Health Insurance, has stepped down from the role on April 25 upon completion of tenure, according to an Indian bourse filing on Sunday.Shares of the company rose nearly 2% in Monday's trade.

BOM:532915NSE:RELIGARE

Asia64d ago

Antong's Attributable Profit Up 5% in Q1

Antong's (SHA:600179) attributable profit rose 5.1% to 253.8 million yuan in the first quarter from 241.4 million yuan in the year-ago period, according to a Saturday filing with the Shanghai bourse.Earnings per share at the container shipping logistics company increased to 0.06 yuan from 0.0571 yuan in the prior-year period.Operating revenue grew 3.8% year over year to 2.12 billion yuan from 2.04 billion yuan.

SHA:600179

Asia64d ago

Sanyo Denki Raises Final Dividend Forecast on Strong Performance

Sanyo Denki (TYO:6516) raised its dividend forecast for the fiscal year ended March 31, citing solid earnings momentum and a focus on shareholder returns, according to a Monday filing on the Tokyo Stock Exchange.The company increased its year-end dividend forecast to 70 yen per share from 36.67 yen previously, bringing the total annual dividend to 310 yen on a pre-stock split basis.

TYO:6516

Asia64d ago

Tamilnad Mercantile Bank's Net Profit Climbs in Fiscal Q4; Shares Up 12%

Tamilnad Mercantile Bank's (NSE:TMB, BOM:543596) net profit rose to 3.74 billion Indian rupees in the fiscal fourth quarter ended March 31 from 2.92 billion rupees a year ago.Earnings per share came in at 23.60 rupees from 18.44 rupees a year earlier, according to a Monday filing to the Indian stock exchanges.Interest earned by the lender in fiscal Q4 also increased to 15.5 billion rupees from 13.4 billion rupees a year ago.The board recommended a final dividend of 12.50 rupees per equity share of the face value of 10 rupees each for fiscal 2026 ended March 31.The bank's shares jumped over 12% in recent trade.

BOM:543596NSE:TMB

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