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Dr. Reddy's Laboratories Board to Consider Final Dividend for Fiscal 2026

Dr. Reddy's Laboratories' (NSE:DRREDDY, BOM:500124) board will meet on May 12 to consider the payment of a final dividend for fiscal 2026 ended March 31, according to an Indian bourse filing on Thursday.

BOM:500124NSE:DRREDDY

Asia70d ago

Concord New Energy Gets Texas Approval for 1 Gigawatt Power Capacity for Data Center Project

Concord New Energy (HKG:0182, SGX:SEG) completed a large load interconnection study and obtained approval from the Electric Reliability Council of Texas for 1 Gigawatt of power capacity related to its data center development initiative, according to a Thursday Hong Kong bourse filingThe approved capacity will be collocated with existing utility-scale solar and battery storage projects in the State of Texas, the US.

HKG:0182SGX:SEG

Asia70d ago

Yuyuan Tourist Mart's Q1 Profit Soars 203%

Shanghai Yuyuan Tourist Mart's (SHA:600655) attributable profit surged 203% to 157 million yuan in the first quarter of 2026 from 51.8 million yuan a year prior, according to a Thursday Hong Kong bourse filing by parent Fosun International (HKG:0656).Revenue from operations increased 9.9% to 9.65 billion yuan from 8.78 billion yuan in the year-ago period.

HKG:0656SHA:600655

Asia70d ago

Agricultural Bank of China Sells 50 Billion Yuan Bonds

Agricultural Bank of China (HKG:1288, SHA:601288) completed the issue of 50 billion yuan of bonds divided into three tranches in the National Interbank Bond Market on Thursday, according to a same-day filing with the Hong Kong bourse.The first two tranches comprise 20 billion yuan each of four-year and six-year bonds with an interest rate of 1.8% and 2%, respectively.The bank has conditional redemption rights on the third and fifth respective anniversaries of the tranches.The third tranche consists of 10 billion yuan of 2.27% bonds maturing in 11 years and offering the bank a conditional redemption right on the tenth anniversary.The firm will use proceeds to improve its total loss-absorbing capacity.

HKG:1288SHA:601288

Asia70d ago

Sichuan Qiaoyuan Gas' Attributable Profit Jumps 56% in 2025

Sichuan Qiaoyuan Gas' (SHE:301286) attributable profit rose 56% to 232.4 million yuan in 2025 from 149.2 million yuan in 2024, according to a Thursday filing with the Shenzhen bourse.Earnings per share at the gas company increased 56% to 0.5860 yuan from 0.3748 yuan in the previous year.Operating income grew 5.2% year over year to 1.08 billion yuan from 1.02 billion yuan.

SHE:301286

Asia70d ago

Oro's Number of Active Licenses Rise in March

Software management company Oro's (TYO:3983) number of active licenses for its ZAC cloud solution reached 356,900 in March, up from 351,100 the month prior.Newly issued licenses totalled 2,200 during the month, according to a company filing on the Tokyo Stock Exchange on Thursday.Existing additional licenses rose to 4,700 in March, from 1,000 in the previous month.The number of cancellations/decreased licenses was lower at 1,200 in March from 2,600 the previous month.

TYO:3983

Asia70d ago

Market Chatter: Samsung Electronics Seeks Court Injunction to Block Possible Production Disruption by Union

Samsung Electronics (KRX:005930) filed for a court injunction with the Suwon District Court earlier on Thursday to stop its union from possibly occupying key facilities and stalling production, Yonhap News said in a same-day report.The chipmaker emphasized that its injunction bid aims to stop illegal actions and prevent operational losses, not restrict lawful union activity. The unionized workers of the firm have planned a general strike on May 21. The strike comes after wage talks between the company and its union stalled in March after both sides failed to reach an agreement on removing the cap on performance-based bonuses, the report said.Samsung Electronics didn't immediately respond to a request fromfor comment.Shares of the company rose more than 3% at market close.(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.)

KRX:005930

Asia70d ago

Do-Fluoride New Materials Returns to Profit in 2025

Do-Fluoride New Materials (SHE:002407) returned to an attributable profit of 212.8 million yuan in 2025 from a loss of 308.5 million yuan, after adjustments, in 2024, according to a Thursday filing with the Shenzhen bourse.The chemical manufacturer logged earnings per share of 0.18 yuan compared with a loss per share of 0.26 yuan in the previous year.Operating income grew 14% year over year to 9.43 billion yuan from 8.25 billion yuan.

SHE:002407

Asia70d ago

Jiangsu JieJie Microelectronics' Attributable Profit Edges Up in 2025

Jiangsu JieJie Microelectronics' (SHE:300623) attributable profit edged up 0.8% to 476.7 million yuan in 2025 from 473 million yuan in 2024, according to a Thursday filing with the Shenzhen bourse.Earnings per share at the semiconductor discrete components manufacturer slipped 5% to 0.57 yuan from 0.60 yuan in the previous year.Operating income grew 23% year over year to 3.49 billion yuan from 2.84 billion yuan.

SHE:300623

Asia70d ago

Shinagawa Refractories Lowers Full-Year Net Income Forecast Due to Impairment Losses

Shinagawa Refractories (TYO:5351) has lowered its net income forecast for the fiscal year ending March 31 to 26 billion yen from the previous forecast of 31 billion yen, according to a Tokyo bourse filing on Thursday.The company, which produces refractories primarily for steel makers, now expects net income per share to be 569.76 yen from 679.33 yen initially.Net sales, operating income, and ordinary income estimates remain unchanged from the prior forecast at 176 billion yen, 13 billion yen, and 14.9 billion yen, respectively.The downward revision is primarily due to the recording of impairment losses, including 4.3 billion yen at the Ako Plant following a significant deterioration in domestic crude steel production and refractory demand.A further 3.9 billion yen on goodwill and fixed assets at Brazilian subsidiary SRB was recorded following low-priced Chinese steel imports pressuring local steelmakers, and another 1.5 billion yen on goodwill at engineering subsidiary Reframax.Despite these charges, the company noted that the Ako Plant continues to generate positive operating cash flow and will remain in operation while efficiency efforts are pursued.The company's annual dividend forecast of 90 yen per share remains intact.

TYO:5351

Asia70d ago

Leyard Optoelectronic Returns to Attributable Profit in 2025

Leyard Optoelectronic (SHE:300296) returned to an attributable profit of 307.2 million yuan in 2025 from a loss of 889.3 million yuan in 2024, according to a Thursday filing with the Shanghai bourse.The audio-visual technology company logged earnings per share of 0.11 yuan compared with a loss per share of 0.32 yuan in the previous year.Operating income edged down 1.2% year over year to 7.06 billion yuan from 7.15 billion yuan.

SHE:300296

Asia70d ago

China Bohai Bank Names Chief Information Officer

China Bohai Bank (HKG:9668) said the appointment of Xie Kai as its chief information officer became effective Monday, according to a Thursday filing with the Hong Kong bourse.The move came after the lender obtained the relevant approval from the National Financial Regulatory Administration on the qualification of his appointment.

HKG:9668

Asia70d ago

Zhejiang Cfmoto Power's Attributable Profit Edges Up 1.8% in Q1

Zhejiang Cfmoto Power's (SHA:603129) attributable profit edged up 1.8% to 422.7 million yuan in the first quarter from 415.2 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the motorcycle manufacturer increased 1.5% to 2.75 yuan from 2.71 yuan in the prior-year period.Operating income grew 26% year over year to 5.36 billion yuan from 4.25 billion yuan.

SHA:603129

Asia70d ago

Zhejiang Cfmoto Power's Attributable Profit Jumps 14% in 2025

Zhejiang Cfmoto Power's (SHA:603129) attributable profit rose 14% to 1.68 billion yuan in 2025 from 1.47 billion yuan in 2024, according to a Thursday filing with the Shanghai bourse.Earnings per share at the motorcycle manufacturer increased 13% to 10.88 yuan from 9.67 yuan in the previous year.Operating income grew 31% year over year to 19.7 billion yuan from 15 billion yuan.

SHA:603129

Asia70d ago

Asahi Diamond Industrial Cut Full-Year Forecasts Due to Extraordinary Losses

Asahi Diamond Industrial (TYO:6140) has cut its attributable profit forecast for the fiscal year ending March 31 to 1.94 billion yen from the initially projected 2.2 billion yen, according to a Tokyo bourse filing on Thursday.The machinery manufacturer's earnings per share estimate was lowered to 39.41 yen from the earlier forecast of 42.84 yen, while net sales are expected to be lower at nearly 42 billion yen from 42.5 billion yen previously.The reduction in net profit is primarily due to the recognition of approximately 1.8 billion yen in impairment losses on fixed assets of a European subsidiary, following a review that determined future profitability is unlikely, along with an additional 120 million yen impairment on machinery and equipment no longer in use.The company confirmed that its dividend forecast remains unchanged from previous announcements.

TYO:6140

Asia70d ago

Crisil Affirms A+ Rating on Insecticides (India)'s Bank Facilities; Outlook Stable

Crisil Ratings affirmed its A+ rating on Insecticides (India)'s (NSE:INSECTICID, BOM:532851) long-term bank facilities and A1 rating on the company's short-term facilities, according to an Indian bourse filing on Thursday.The rating outlook is stable.

BOM:532851NSE:INSECTICID

Asia70d ago

China Jinmao Unit Enters Loan Framework Contract with Shareholders

China Jinmao (HKG:0817) unit Chengdu Quanmao Real Estate entered into a three-year framework agreement to provide loans to two of its shareholders, according to a Thursday filing with the Hong Kong bourse.The amount of loans to be provided to Beijing Fangxing Yicheng Property and Chengdu Jingkai Urban Renewal Construction and Development will be in proportion to their respective 51% and 49% shareholding in Chengdu Quanmao Real Estate.The detailed terms of the loans will be mentioned in separate agreements to be entered into between the parties.The provision of loans will allow the subsidiary to reduce its level of idle cash and the group to meet the development and financial needs of its development projects.

HKG:0817

Asia70d ago

Can Fin Homes Board to Consider Final Dividend

Can Fin Homes (NSE:CANFINHOME, BOM:511196) said its board will meet on April 24 to consider a final dividend for the fiscal year ended March 31, according to a Thursday filing with the Indian bourses.

BOM:511196NSE:CANFINHOME

Asia70d ago

AEON Financial Service Set to Pay Surplus Dividend of 28 Yen Per Share

AEON Financial Service (TYO:8570) has agreed to pay a surplus dividend of 28 yen per share for the fiscal year ended Feb. 28, matching both its earlier forecast and the prior year's payout.The total dividend amount comes to 6.04 billion yen, sourced from retained earnings, with an effective payment date of May 7, according to a Tokyo bourse filing on Thursday.The company follows a policy of stable and continuous dividends targeting a payout ratio of 30% to 40%, taking into account business performance and financial health.Combined with the interim dividend of 25 yen per share already paid, the full-year dividend for fiscal 2026 stands at 53 yen per share, with the same amount forecast for fiscal 2027.

TYO:8570

Asia70d ago

Juneyao Airlines' Passenger Count Rises 3.7% in March

Juneyao Airlines' (SHA:603885) passenger count rose 3.7% year over year to 2.3 million in March, according to a Thursday filing with the Shanghai bourse.Passenger capacity climbed 4.2% to 4.82 billion available seat kilometers.Cargo capacity went up 3.9% to 160 million available freight tonne-kilometers.Cargo and mail carried edged down 1.7% to 13,506.6 tonnes.

SHA:603885

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