-- China Hanking (HKG:3788) booked 172.1 million yuan in attributable profit for 2025, falling from 180.9 million yuan in 2024, according to a Hong Kong bourse filing Friday.
Shares of the gold miner fell 2% in morning trade Monday.
Earnings per share were 0.089 yuan, compared with 0.094 yuan in the prior year.
Revenue rose 3.2% year on year to 2.56 billion yuan, figures showed.
The firm did not propose a dividend for the year.
Dynacor Group (DNG.TO) said Wednesday that its expansion projects in Senegal and Ecuador remain on track to process first ore in 2026.In Senegal, Dynacor said the 50-tonne-per-day pilot plant in Kedougou continues to advance on schedule. Mechanical installation of major equipment will be launched shortly, and all required permits are in place to begin commissioning in the second quarter.In Ecuador, Dynacor said it continues to advance integration and upgrade of the Svetlana processing plant, with gold production expected to begin in the fourth quarter.Meanwhile, Dynacor said its board concluded that the practices of its Peruvian subsidiary that had been under review are currently consistent with the company's values.The review is part of a reorganization of Dynacor's Peruvian business.
The cost of the EU's energy imports since the start of the Iran war has risen by 24 billion euros ($28.19 billion), it said in a note on Wednesday, a figure that reflects price increases alone, not additional volumes.The European Commission, whose leader Ursula von der Leyen sees home-grown renewable energy as the lasting solution to energy security, is proposing a number of actions to mitigate the effects of the conflict on energy.While some have been mentioned previously, one notable initiative is an Electrification Action Plan that includes ambitious targets for electrification and the removal of barriers to this in industrial, transport and building sectors.It also plans to establish a 'Fuel Observatory' which will statistically track EU production, imports, exports and stock levels of transport fuels, making it easier to anticipate shortages and to prepare for emergency stock releases when needed.The Commission will also adopt a State Aid Temporary Framework which will loosen rules for national governments providing aid to particularly exposed domestic industries.On the consumer level, measures could include targeted income support schemes and energy vouchers as well as the lowering of excise duties on electricity for vulnerable households.The Commission said that repowering or replacement of wind turbine units with more modern, efficient and often larger turbines, "can deliver much needed additional relief" at a time of rising power demand.It will also present a bill on network charges and taxation to ensure electricity is taxed less than fossil fuels.The European Council, comprised of heads of states of the bloc's members, will hold an informal meeting that will include discussion of energy, in Cyprus on Thursday and Friday, the statement said.The Commission will also organise a Clean Energy Investment Summit on an unspecified future data, to bring together institutional investors, industrial leaders, project developers and public financiers.The aim of the event is to accelerate financing of an estimated investment need of 660 billion a year to complete the bloc's energy transition.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Philip Morris (PM) posted Q1 adjusted EPS of $1.96 vs. $1.69 (+16%), well ahead of the $1.83 consensus. Net sales rose 9.1% to $10.15B ($240M ahead of consensus) and gross margin rose 70 bps to 68.1% (10 bps ahead of consensus). PM's total Q1 shipments fell 1.9% Y/Y, due to a cigarette volume decline of 5.1%, partly offset by smoke-free product growth (+9.1%). PM's International Smoke-Free business accounted for 43% of total revenue in Q1, with segment net revenues rising 25% Y/Y and gross profit up 29%. PM narrowed full year adjusted EPS guidance to $8.36-$8.51 from $8.38-$8.53, reflecting currency impacts only. PM's Q2 adjusted EPS guidance of $2.02-$2.07 was shy of the $2.12 consensus. PM shares traded 2% higher in pre-market trading, a muted reaction following the beat, which we attribute to the weaker-than-expected Q2 guidance. We note PM's long history of providing conservative guidance. PM is coming off two very strong years of outperformance in which it was one of the sector's best-performing equities.