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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

International54d ago

Philippine Business Sentiment Drops Sharply in March Amid Middle East Tensions

Philippine business sentiment deteriorated sharply in March as concerns over higher fuel costs stemming from Middle East tensions dampened outlook, The Bangko Sentral ng Pilipinas survey showed Friday.The confidence index plunged to -24.3% from 8.2% in February, while the outlook for the next quarter fell to -17.3% from 37.4%.The 12-month outlook remained positive but weakened significantly to 11.7% from 51.1%, reflecting worries over geopolitical risks and ongoing inflation, the central bank said.Hiring plans also softened for both the coming quarter and year, indicating slower job growth ahead.Firms expect inflation to rise above the central bank's 3% target but stay within its allowed range, with the central bank ready to act if pressures increase., the report said.

^PSEI

Asia54d 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

Asia54d 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

Asia54d 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

Asia54d 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

Asia54d 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

Asia54d 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

Equities54d ago

Advanced Petrochemical Posts Lower Q1 Attributable Profit; Revenue Up

Advanced Petrochemical Co. (SASE:2330) said Monday its attributable net profit in the first quarter fell, while revenue grew year over year.Net profit attributable to shareholders of the issuer for the three months ended March 31 was 30 million Saudi riyals, compared with 72 million riyals earlier. EPS moved to 0.116 riyal from 0.277 riyal.The Tadawul-listed propylene and polypropylene products company's revenue was 1.08 billion riyals, compared with 614 million riyals a year ago.

SASE:2330

Asia54d 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

Asia54d 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

Asia54d 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

Asia54d 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

Asia54d 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

Equities54d ago

Equinor Extends Archer's Wireline Services Contract

Archer (ARCH.OL) said Monday that oil and gas company Equinor (EQNR.OL) extended its wireline services contract on the Norwegian Continental Shelf with the company for three years.The Norwegian drilling and well services company noted the 3 billion-Norwegian-krone extension builds on the original contract signed between the companies in 2021.

$ARCH.OL$EQNR.OL

Asia54d 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

Asia54d ago

Hindustan Zinc Posts Gains in Fiscal Q4 Consolidated Net Profit; Shares Up 5%

Hindustan Zinc (NSE:HINDZINC, BOM:500188) recorded a rise in its consolidated net profit to 50.3 billion Indian rupees in the fiscal fourth quarter ended March 31, against 30.0 billion rupees a year ago.Earnings per share climbed to 11.91 rupees compared with the year-ago figure of 7.11 rupees, according to a Friday filing to the Indian stock exchanges by the zinc manufacturer.The company's shares were up nearly 5% in Monday's trade.Total revenue from operations in fiscal Q4 also jumped to 135.4 billion rupees from 90.9 billion rupees a year earlier.Additionally, the company announced first interim dividend of 11 rupees per share for the financial year 2026-27, payable to shareholders of record on April 30.

BOM:500188NSE:HINDZINC

International54d ago

GfK: German Consumer Sentiment to Further Deteriorate in May Amid Iran War Uncertainty

German consumer sentiment is expected to worsen in May, with the indicator down to -33.3 points from the revised -28.1 points in April, Growth from Knowledge said Monday.Analysts expected -29.5 points for the month.The latest reading reflects a sharp decline in income expectations and a decrease in the willingness to buy to a two-year low as inflation rises due to higher energy prices amid the Iran war.

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Research54d ago

Research Alert: CFRA Keeps Buy Opinion On Share Of Rexford Industrial Realty Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target price by $4 to $41, applying a forward P/FFO multiple of 17.1x on our 2026 FFO estimate, a discount to its 19.2x three-year forward average. We leave our 2026 FFO/share estimate unchanged at $2.40 but lower 2027's by $0.07 to $2.47. Negative re-leasing spreads remain our base case for 2026, but we believe infill properties in Southern California have structural barriers preventing new supply from coming online. Leasing rose 70% Y/Y in Q1 and we expect re-leasing spreads at 6%-9% in 2027, supported by a lack of new supply and higher occupancy rates. REXR's current capital recycling strategy, aimed at selling sub-4% cap rate properties and either repurchasing shares or redeveloping properties, should lift total portfolio returns higher next year. We note demand in Southern California remains strongest for spaces under 50K sq ft, which are REXR's core focus, and believe increased advanced manufacturer demand in the San Fernando Valley and South Bay markets could accelerate this year.

$REXR

Asia54d ago

Toku Launches Conversational AI For Businesses

Toku (SGX:TKU) launched Makimoto, an open-source conversational AI in Asia-Pacific, according to a Monday filing with the Singapore Exchange.Makimoto assembles, configures and runs a production-grade pipeline, providing, with the core purpose to keep customer data processed within a single country, keeping in view local data laws.The AI will allow businesses to build and control in-house transcription and conversational AI pipelines.

SGX:TKU

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