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Huitongda Network's Profit Rises 11% in 2025

Huitongda Network (HKG:9878) posted profit attributable to equity shareholders of 300.3 million yuan for 2025, up 11% from 269.7 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the logistics company were down nearly 2% in Wednesday morning trade.Earnings per share came in at 0.54 yuan, compared with 0.49 yuan a year earlier.Revenue fell 13% to 52.3 billion yuan from 60.1 billion yuan in 2024.

HKG:9878

Asia55d ago

News Corp Welcomes Australian Draft Legislation on Commercial Deals Between Digital Platforms, News Publishers

News Corp (ASX:NWS) on Wednesday welcomed the Australian government's News Bargaining Incentive initiative, saying the draft legislation is a "critical step" toward making Australian journalism sustainable.The government recently opened a consultation on the policy framework, which is designed to force major digital platforms like Meta, Google, and TikTok to pay for Australian news content. The News Bargaining Incentive proposes a charge on platforms that do not enter commercial deals with news publishers, based on a proportion of their revenue."By prioritizing commercial deals, this legislation protects our democratic way of life," News Corp said in a statement."While Google has been positive about doing deals, others need to come to the table, and all platforms need to step up," the company said, noting that Meta abandoned previous commercial arrangements more than two years ago.Shares of News Corp declined 1% in recent Wednesday trade.

ASX:NWS

Asia55d ago

Luzhou Laojiao's Q1 Profit Drops 19%, Revenue Slips 14%

Luzhou Laojiao's (SHE:000568) net profit attributable to shareholders in the first quarter dropped 19% year on year to 3.71 billion yuan, or 2.52 yuan per share, according to a Shenzhen bourse filing on Wednesday.The attributable profit a year earlier was 4.59 billion yuan, or 3.13 yuan per share.The liquor maker's operating revenue slipped 14% to 8.03 billion yuan from 9.35 billion yuan in the prior year.

SHE:000568

Asia55d ago

Jiangxi Copper Logs 44% Rise in Q1 2026 Profit

Jiangxi Copper (HKG:0358, SHA:600362) recorded 2.82 billion yuan in attributable profit for the first quarter of 2026, up 44% from 1.95 billion yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The copper miner's Hong Kong shares gained nearly 1% in morning trade Wednesday.Basic earnings per share were 0.82 yuan, compared with 0.57 yuan in the prior year period.Revenue jumped 25% year on year to 139.12 billion yuan, figures showed.

HKG:0358SHA:600362

Asia55d ago

Luzhou Laojiao's 2025 Profit Drops 20%, Revenue Falls 18%

Luzhou Laojiao's (SHE:000568) net profit attributable to shareholders in 2025 dropped 20% year on year to 10.8 billion yuan, or 7.36 yuan per share, according to a Shenzhen bourse filing on Wednesday.The attributable profit a year earlier was 13.5 billion yuan, or 9.18 yuan per share.Operating revenue fell 18% to 25.7 billion yuan from 31.2 billion yuan in the previous year.

SHE:000568

Asia55d ago

SF Holding's Q1 Profit Rises 13%, Revenue Climbs 6%

SF Holding's (SHE:002352, HKG:6936) net profit attributable to shareholders in the first quarter rose 13% to 2.53 billion yuan from 2.23 billion yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share increased 11% year on year to 0.50 yuan from 0.45 yuan.Operating revenue climbed 6.1% to 74.1 billion yuan from 69.8 billion yuan in the preceding year, as parcel volume rose 4.9% to 3.73 billion.

HKG:6936SHE:002352

Asia55d ago

CWT International Posts Higher Profit in 2025

CWT International (HKG:0521) posted profit attributable to owners of HK$371.3 million for 2025, up from HK$304.4 million a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the logistics services provider were up more than 1% in Wednesday morning trade.Earnings per share came in at HK$0.0326, compared with HK$0.0267 a year earlier.Revenue rose to HK$46.62 billion from HK$39.36 billion in 2024.

HKG:0521

Asia55d ago

Bandhan Bank's Net Profit Rises in Fiscal Q4

Bandhan Bank's (NSE:BANDHANBNK, BOM:541153) net profit rose to 5.34 billion Indian rupees in the fiscal fourth quarter ended March 31 from 3.18 billion rupees a year ago.Earnings per share climbed to 3.31 rupees from 1.97 rupees a year earlier, according to a Tuesday filing to the Indian stock exchanges. The EPS was higher than the 2.77 rupees estimated by the analysts polled by Visible Alpha.Interest earned by the lender in fiscal Q4, however, was nearly flat year-on-year at 54.3 billion rupees.The company's board also recommended a dividend of 1.50 rupees per equity share having a face value of 10 rupees each for the financial year ended March 31.

BOM:541153NSE:BANDHANBNK

Asia55d ago

LONGi's Attributable Loss Widens in Q1; Shares Fall 3%

LONGi Green Energy Technology's (SHA:601012) attributable loss widened to 1.92 billion yuan in the first quarter, from 1.43 billion yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.The solar wafer manufacturer logged a loss per share of 0.25 yuan, wider than the 0.19 yuan recorded in the prior-year period.Operating revenue declined 18% year over year to 11.2 billion yuan from 13.7 billion yuan.Shares decreased 3% during morning trading on Wednesday.

SHA:601012

Asia55d ago

A-Living Smart City Services Returns to Profit in 2025; Shares Jump 3%

A-Living Smart City Services (HKG:3319) posted profit attributable to shareholders of 105 million yuan for 2025, recovering from a loss of 3.30 billion yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the property manager were up nearly 3% in morning trading on Wednesday.Earnings per share came in at 0.07 yuan, compared with a loss per share of 2.32 yuan in the prior year.Revenue fell 7.5% to 12.9 billion yuan from 13.9 billion yuan in 2024.The company proposed a final dividend of 0.06 yuan per share.

HKG:3319

Asia55d ago

Westpac Banking Opens Fourth Regional Service Center in New South Wales

Westpac Banking (ASX:WBC, NZE:WBC) opened its fourth regional service center in Yass, New South Wales, the banking and financial services firm said in a statement on Wednesday.The Yass service center follows the completion of new centers in Moree, also located in New South Wales, Leongatha in Victoria, and Smithton in Tasmania, the statement said.The firm also plans to expand its Community Banking Service pilot program to Walcha, New South Wales, by May, per the statement.Westpac shares fell nearly 1% in recent trade in Australia, and fell past 1% in New Zealand.

ASX:WBCNZE:WBC

Asia55d ago

Hanwha Engine's Net Attributable Income Rises in Q1; Shares Jump 5%

Hanwha Engine (KRX:082740) posted first-quarter net income attributable to shareholders of 52.9 billion won, up 172% from 19.4 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.The South Korean marine engine producer's sales rose 8.5% year over year to 345.2 billion won from 318.2 billion won.Shares of Hanwha Engine added over 5% in recent trade.

KRX:082740

Asia55d ago

XJ International's Fiscal H1 Profit More Than Doubles; Shares Jump 9%

XJ International (HKG:1765) booked 620.1 million yuan in attributable profit for the fiscal first half ended Feb. 28, more than double the 307.5 million yuan posted a year earlier, according to a Hong Kong bourse filing Tuesday.The education services provider's shares gained nearly 9% in morning trade on Wednesday.Earnings per share were 0.072 yuan, compared with 0.038 yuan in the prior year period.Revenue fell 3.3% year on year to 2.05 billion yuan, figures showed.The firm said it saw a rise in profit as it shed underperforming assets to reduce costs while improving quality and efficiency.

HKG:1765

Asia55d ago

China Suntien Green Energy's Profit Falls 25% in Q1

China Suntien Green Energy (HKG:0956, SHA:600956) posted net profit attributable to shareholders of 715.6 million yuan for the first quarter, down 25% from 954.5 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Hong Kong-listed shares of the natural gas and wind power generation company were down over 1% in Wednesday morning trade.Earnings per share came in at 0.16 yuan, compared with 0.23 yuan a year earlier.Revenue fell 19% to 5.62 billion yuan from 6.91 billion yuan in the prior-year period.

HKG:0956SHA:600956

Asia55d ago

Daehan Shipbuilding's Net Income Rises 28% in Q1

Daehan Shipbuilding (KRX:439260) posted first-quarter net income attributable to shareholders of 77.4 billion won, up 28% from 60.6 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.The South Korean shipbuilder's sales rose 0.2% year over year to 308.3 billion won from 307.7 billion won.Shares of Daehan Shipbuilding fell over 2% in recent trade.

KRX:439260

International55d ago

New Zealand's Q1 Unemployment Rate Expected to Stay Steady, ANZ Says

New Zealand's first-quarter unemployment rate is expected to remain steady at 5.4%, slightly lower than the previous forecast of 5.5%, according to a report by ANZ released on Wednesday.ANZ increased its quarterly employment growth forecast by 0.1 percentage points to 0.3%, with employment growth appearing to have held onto a little more momentum in March than previously anticipated, the report said.Upcoming data on hours paid and hours worked may indicate some signal around the risks to the first-quarter GDP forecast of 0.8% quarter on quarter, though the recent oil shock likely won't show up yet since the labor market is typically the last sector to react to changing economic conditions.First-quarter labor market data is expected to show that the market had enough excess capacity to act as a buffer against the recent oil shock, limiting the risk of labor costs driving up inflation in the near term.

^NZ50

Asia55d ago

Shenzhen Expressway's Profit Rises 7% in Q1

Shenzhen Expressway (HKG:0548, SHA:600548) posted net profit attributable to owners of 509.3 million yuan for the first quarter, up 7% from 478 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Hong Kong-listed shares of the Chinese expressway were up nearly 1%, while its Shanghai-listed shares fell marginally in Wednesday morning trade.Earnings per share fell to 0.192 yuan from 0.203 yuan a year earlier.Revenue edged 0.7% lower to 1.76 billion yuan from 1.77 billion yuan in the prior-year period.

HKG:0548SHA:600548

Asia55d ago

FS.com's 2025 Profit Jumps 51%

FS.com (HKG:3355) booked 601.5 million yuan in profit for 2025, up 51% from 397.3 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The networking equipment provider's shares gained 2% in morning trade Wednesday.Earnings per share were 1.69 yuan, compared with 1.12 yuan in the prior year.Revenue rose 14% year on year to 2.97 billion yuan, figures showed.The company declared a dividend of 4.93 yuan per 10 shares, payable June 30 to shareholders of record on June 10.

HKG:3355

Asia55d ago

Huaneng Lancang River Hydropower Posts 2% Increase in Q1 Profit

Huaneng Lancang River Hydropower (SHA:600025) reported a 2.3% year-over-year increase in attributable net profit in the first quarter to 1.54 billion yuan from 1.51 billion yuan.Earnings per share were flat at 0.08 yuan, according to a Wednesday filing with the Shenzhen Stock Exchange.The hydropower company's revenue climbed 7% year over year to 5.76 billion yuan from 5.38 billion yuan.

SHA:600025

Asia55d ago

ASX Midday Sector Update: Utilities Stocks Gain, Materials Struggle

Utilities stocks were leading gainers in midday trading Wednesday with a rise of 1.7% after the United Arab Emirates said it would quit the Organization of the Petroleum Exporting Countries, adding to energy supply concerns amid ongoing tensions between the US and Iran.Shares of Origin Energy (ASX:ORG) ticked nearly 3% higher to recover from losses in the previous trading session.On the flip side, materials stocks were leading decliners with a fall of 0.8%.Westgold Resources (ASX:WGX) shed more than 2% after reporting group gold production of 93,145 ounces for the fiscal third quarter. The group's all-in sustaining cost for the quarter was AU$3,338 per ounce, compared with AU$2,829 per ounce a year earlier.

ASX 200ASX:ORGASX:WGX

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