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Optowide Technologies' Attributable Profit Jumps 11% in Q1

Optowide Technologies (SHA:688195) attributable profit rose 11% to 14.4 million yuan in the first quarter from 13 million yuan in the year-ago period, according to a Saturday filing with the Shanghai bourse.Earnings per share at the optical components manufacturer increased 10% to 0.11 yuan from 0.10 yuan in the prior-year period.Operating revenue grew 51% year over year to 171.2 million yuan from 113.2 million yuan.

SHA:688195

Asia64d ago

Hon Hai, Mitsubishi Electric to Explore Automotive Equipment Partnership; Hon Hai Shares Gain 3%

Hon Hai Precision Industry (TPE:2317) and Mitsubishi Electric (TYO:6503) signed a memorandum of understanding to explore a strategic partnership in the automotive equipment business, according to a Friday Taiwan Exchange filing.Shares of Hon Hai rose about 3% in Monday's midday trade in Taiwan, while those of Mitsubishi Electric gained marginally in Tokyo.Under the deal, both sides will discuss the possibility of jointly operating the business, including Foxconn potentially acquiring a 50% stake in Mitsubishi Electric Mobility.The plan remains subject to mutual agreement on commercial terms and regulatory approvals before any final deal is reached.Discussions are still in the exploratory stage, and no binding transaction has been completed, the companies said.The move is part of its broader push into the automotive and mobility sector, the filing said.

TPE:2317TYO:6503

Asia64d ago

Varun Beverages' Consolidated Net Profit Rises in Fiscal Q1

Varun Beverages' (NSE:VBL, BOM:540180) consolidated attributable net profit rose to 8.72 billion Indian rupees in the fiscal first quarter ended March 31, from 7.26 billion rupees a year ago.Earnings per share came in at 2.58 rupees from 2.15 rupees a year earlier, the beverages bottling company said in a filing to the Indian bourses on Monday.Revenue from operations in fiscal Q1 also increased to 67.2 billion rupees from 56.8 billion rupees a year ago.The company's board declared an interim dividend of 0.50 rupees per equity share for the nominal value of 2 rupees each. The dividend will be paid on May 5.

BOM:540180NSE:VBL

Asia64d ago

iSoftStone's Profit Jumps 14% in 2025 on Higher Revenue; Shares Down 7%

iSoftStone Information Technology (SHE:301236) posted a 14% increase in attributable net profit for 2025 to 206.1 million yuan from 180.4 million yuan.Earnings per share edged up to 0.22 yuan from 0.19 yuan, according to a filing with the Shenzhen bourse on Saturday.Revenue climbed 12% to 35 billion yuan from 31 billion yuan.iSoftStone's shares slumped 7% in late-afternoon trade on Monday.

SHE:301236

Asia64d ago

Japanese Stocks Climb as Iran's Plan to Reopen Strait Boosts Sentiment

Japanese shares ended higher on Monday, tracking a broader risk-on sentiment after reports that Iran proposed reopening the Strait of Hormuz to the U.S., easing concerns over stalled peace talks and potential supply disruptions.The Nikkei 225 rose 1.4%, or 821.18 points, to close at 60,537.36.Cautious optimism returned on Monday after talks broke down over the weekend, when U.S. President Donald Trump scrapped an envoy visit, and Tehran ruled out negotiations under pressure.Iran has floated a plan through Pakistani mediators to extend the ceasefire and create space for broader talks, with nuclear discussions to follow once a U.S. blockade of the Strait of Hormuz is lifted. The proposal has been delivered to the White House, with no clear response yet. Trump is due to meet his national security team later in the day.In economic news, Japan's leading index rose to 113.3 in February after an upward revision, while the coincident index fell to 116.3 from January's revised 118.1, government data showed Monday.On the corporate front, Rohm (TYO:6963) fell 9% after saying it has not supported Denso Corporation's (TYO:6902) share acquisition proposal and that recent media reports did not originate from the company.Eneos (TYO:5020) slipped over 1% after saying it is strengthening governance following the indictment of its unit over alleged diesel price coordination in Tokyo.Kyorin Pharmaceutical (TYO:4569) edged down over 1% despite plans to transfer its generic drug business to a Daito-led platform as it shifts focus to new drug operations.

Nikkei 225TYO:4569TYO:5020TYO:6902TYO:6963

Asia64d ago

Correction: Lion Selection Group to Invest About AU$2 Million in Private Exploration Company

(Corrects missing preposition in the first paragraph, split the lead into two paragraphs)Lion Selection Group (ASX:LSX) committed to invest a further AU$1.6 million in Plutonic, according to a Monday Australian bourse filing.It plans to take up its full 41% entitlement in the AU$4 million entitlement issue by Plutonic, priced at AU$0.12 per share.Lion holds a 41% stake in Plutonic, a privately held copper and gold exploration company, the filing said. If Plutonic completes its AU$4 million entitlement issue, and Lion follows its 41% holding, Lion's shareholding in Plutonic would then be valued at around AU$7.4 million.Lion's shares fell nearly 2% in recent trading on Monday.

ASX:LSX

Asia64d ago

iSoftStone's Q1 Loss Balloons Despite Revenue Growth; Shares Down 7%

iSoftStone Information Technology (SHE:301236) posted first-quarter net loss attributable to shareholders of 349.9 million yuan, widening from a loss of 197.7 million yuan in the same period the previous year.Loss per share ballooned to 0.35 yuan from 0.21 yuan, according to a filing with the Shenzhen bourse on SaturdayThe IT service and consulting company's revenue, however, jumped 16% to 8.12 billion yuan from 7.01 billion yuan a year prior.iSoftStone's shares slumped 7% in late-afternoon trade on Monday.

SHE:301236

Asia64d ago

ChinaLin Securities Q1 Profit Slides 9%, Revenue Rises 15%

ChinaLin Securities (SHE:002945) posted first-quarter attributable net profit of 93.8 million yuan, down 9.0% from 103.0 million yuan the previous year.Earnings per share declined to 0.0347 yuan from 0.0382 yuan, according to a weekend filing on the Shenzhen bourse.The securities broker's operating revenue climbed 15% year over year to 373.9 million yuan from 324.6 million yuan.

SHE:002945

Asia64d ago

Ginlong Technologies' Q1 Profit Plunges 69% on Lower Revenue; Shares Slump 16%

Ginlong Technologies' (SHE:300763) net profit attributable to shareholders in the first quarter of 2026 plummeted 69% year on year to 61.2 million yuan from 194.7 million yuan, according to a Shenzhen bourse filing on Monday.Earnings per share edged down to 0.15 yuan from 0.49 yuan.The Chinese PV string inverter specialist's revenue fell 6.5% to 1.42 billion yuan from 1.52 billion yuan a year earlier.Ginlong's shares slumped 16% in late-afternoon trade on Monday.

SHE:300763

Asia64d ago

Haisco Pharmaceutical Q1 Profit Up 1,090%, Revenue Jumps 75%

Haisco Pharmaceutical (SHE:002653) posted first-quarter attributable net profit of 554.6 million yuan, up 1,090% from 46.6 million yuan the previous year.Earnings per share climbed to 0.50 yuan from 0.04 yuan, according to a weekend filing on the Shenzhen bourse.Operating revenue jumped 75% year over year to 1.56 billion yuan from 892.0 million yuan.Shares of the pharmaceutical company rose 2% in recent trade.

SHE:002653

Asia64d ago

Beijing Compass Technology's Q1 Profit Slumps 20%

Beijing Compass Technology Development (SHE:300803) posted a 20% drop in first-quarter attributable net profit to 111.2 million yuan from 138.7 million yuan a year prior.Earnings per share edged down to 0.18 yuan from 0.23 yuan, according to a Saturday filing with the Shenzhen bourse.The investment software developer's operating revenue climbed 31% year over year to 708.9 million yuan from 542.1 million yuan.Shares of the company rose marginally in late-afternoon trade on Monday.

SHE:300803

Asia64d ago

Ginlong Technologies' 2025 Profit Rises 7.5%; Shares Slump 16%

Ginlong Technologies' (SHE:300763) net profit attributable to shareholders in 2025 jumped 7.5% year on year to 743.2 million yuan from 691.2 million yuan, according to a Shenzhen bourse filing on Monday.Earnings per share edged up to 1.88 yuan from 1.75 yuan.The Chinese PV string inverter company's revenue rose 6.3% to 6.95 billion yuan from 6.54 billion yuan a year earlier.Shares of Ginlong plunged 16% in late-afternoon trade on Monday.

SHE:300763

Asia64d ago

CTOS Digital Seeks 10% Share Buyback Mandate

CTOS Digital (KLSE:CTOS) will seek shareholders' approval to renew authority to repurchase up to 10% of the issued shares of the company, according to a Friday Malaysian bourse disclosure.Shares gained over 2% in Monday's midday trade.The holding company of credit rating agencies in Malaysia will table a resolution to renew the share buyback authority in the company's upcoming annual general meeting,CTOS will release a statement containing details of the repurchase plan with shareholders in due time, it noted.

KLSE:CTOS

Asia64d ago

Adani Green Energy's Consolidated Profit Rises in Fiscal Q4

Adani Green Energy (NSE:ADANIGREEN, BOM:541450) consolidated attributable net profit jumped to 5.14 billion Indian rupees in the fiscal fourth quarter from 3.83 billion rupees a year ago, according to a Friday filing by the renewable energy company.Earnings per share for the quarter ended March 31 climbed to 2.33 rupees from 1.26 rupees a year earlier.Power supply revenue increased year on year to 30.9 billion rupees from 26.7 billion rupees while sale of goods fell to 2.34 billion rupees from 3.85 billion rupees.Shares of the company rose nearly 1% in Monday's trade.

BOM:541450NSE:ADANIGREEN

Asia64d ago

Larsen & Toubro Arm Acquires 100% Stake in International Green Scapes

L&T Realty Properties, a wholly-owned real estate subsidiary of Larsen & Toubro (NSE:LT, BOM:500510), has acquired a 100% stake in International Green Scapes in Delhi, India, for an undisclosed amount, according to a Monday filing to the Indian stock exchanges.The acquisition will allow Larsen & Toubro to use the 20 acres of land owned by International Green Scapes in Gurugram, India. The land has a development potential of around 3.6 million square feet.In the financial year 2025-26, Larsen & Toubro and L&T Realty Developers, another wholly-owned subsidiary of L&T, have together completed land acquisitions across Mumbai, Delhi, and Bengaluru in India, having an aggregate development potential of 3 million square feet.The company's shares were up over 1% in recent trade.

BOM:500510NSE:LT

Asia64d ago

Garment Mantra Lifestyle Unit Bags Order Worth INR83 Million; Shares Up 3%

Garment Mantra Lifestyle (BOM:539216) said a wholly-owned subsidiary has secured an order worth 82.8 million Indian rupees from AL Rahmat Textiles, according to a BSE filing on Monday.The export order is for dyed and printed fabrics and made-up dress material. It is scheduled to be completed by Oct. 25.The company's shares were up over 3% in recent trade.

BOM:539216

Asia64d ago

Australian Shares Flat; Atlas Arteria Receives Unsolicited Takeover Bid From IFM

Australian shares were flat with a negative bias at Monday's close as the critical Strait of Hormuz in the Middle East continued to be blocked.The S&P/ASX 200 Index was little changed to close at 8,766.40.Brent crude oil futures gained 1.2% to reach $106.57 per barrel. US President Donald Trump cancelled a trip to Islamabad, Pakistan, by US envoys for talks with Iran over the weekend. Iran gave the US a new proposal for reaching a deal on reopening the Strait and ending the war, Axios reported.In company news, Atlas Arteria (ASX:ALX) has received an unsolicited off-market takeover proposal from IFM to acquire all remaining securities it does not already own at AU$4.75 per share in cash. IFM has indicated that the offer price may increase to AU$5.10 per share if it obtains at least a 45% relevant interest before the offer closes, subject to certain "best and final" conditions. Its shares jumped 13% on market close.Megaport's (ASX:MP1) wholly-owned unit, Latitude.sh, signed a 36-month contract with a new US-based customer, with a total value of around $25.1 million, representing around $8.4 million in annualized recurring revenue. Its shares closed up 5%.Lastly, Origin Energy (ASX:ORG) reported March quarter production of 164.5 petajoules, down from 167.1 petajoules a year earlier. The company reported commodity revenue of AU$1.86 billion for the quarter, down from AU$ 2.31 billion a year ago. Its shares were down over 5% on market close.

ASX 200ASX:ALXASX:MP1ASX:ORG

Asia64d ago

Mahindra & Mahindra Financial's Fiscal Q4 Consolidated Profit More Than Doubles

Mahindra & Mahindra Financial Services' (NSE:M&MFIN, BOM:532720) attributable consolidated net profit more than doubled to 9.38 billion Indian rupees in the fiscal fourth quarter from 4.57 billion rupees a year ago, according to a Friday filing with the Indian stock exchanges.Shares of the company jumped over 8% in Monday's trade.Earnings per share during the quarter ended March 31 climbed to 6.75 rupees from 3.59 rupees a year earlier.Total revenue from operations in fiscal Q4 increased to 47.7 billion rupees from 43.2 billion rupees, the filing said.The board recommended a final dividend of 7.50 rupees per share.

BOM:532720NSE:M&MFIN

Asia64d ago

Giant Network Group 2025 Profit Up 23%, Revenue Jumps 73%

Giant Network Group (SHE:002558) posted 2025 attributable net profit of 1.75 billion yuan, up 23% from 1.42 billion yuan the previous year.Earnings per share climbed to 0.94 yuan from 0.78 yuan, according to a filing on the Shenzhen bourse.Operating revenue jumped 73% year over year to 5.05 billion yuan from 2.92 billion yuan.Shares of the game developer rose 2% in recent trade.

SHE:002558

Asia64d ago

First Sponsor's European Property Portfolio Books Net Operating Income of EUR7.8 Million in Q1

First Sponsor's (SGX:EB5) European property portfolio booked a net operating income of 7.8 million euros in the first quarter of the year, unchanged from a year earlier, according to a Monday filing with the Singapore Exchange.The property investment firm expects portfolio income to be enhanced following the opening of a hotel in Italy and the expected completion of two properties in the Netherlands.Meanwhile, overall occupancy rose to 57.1%, while portfolio average daily rate edged down by 0.6% to 120.4 euros.

SGX:EB5

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