-- Haohua Chemical Science & Technology (SHA:600378) forecasts its attributable profit will rise 62% to 73% to between 300 million yuan and 320 million yuan in the first quarter from 184.7 million yuan in the year-ago period, according to a Friday filing with the Shanghai bourse.
The expected increase is attributable to efficiency in its fluorochemical business, as well as high revenue compared with the year-ago period, the filing said.
Shares rose 2% during the midday break on Friday.
Piccadilly Agro Industries' (NSE:PICCADIL,BOM:530305) consolidated net profit rose to 452.3 million Indian rupees in the fiscal fourth quarter ended March 31, from 398.0 million rupees a year ago.Earnings per share came in at 4.62 rupees from 4.22 rupees a year earlier, the alcoholic beverages manufacturer said in a filing to the Indian stock exchanges on Tuesday.Revenue from operations in fiscal Q4 also increased to 3.60 billion rupees from 2.72 billion rupees a year ago.
Shenzhen Hepalink Pharmaceutical (HKG:9989, SHE:002399) posted net profit attributable to shareholders of 187.6 million yuan for the first quarter, up 20% from 156.6 million yuan a year earlier, according to a Wednesday Hong Kong bourse filing.Hong Kong-listed shares of the pharmaceutical firm were up over 1% in Thursday's late morning trade.Earnings per share came in at 0.1278 yuan, compared with 0.1067 yuan a year earlier.Operating revenue fell 4.6% to 1.33 billion yuan from 1.39 billion yuan in the prior-year period.
Stoneweg Europe Stapled Trust (SGX:SET) completed the divestment of a Polish office asset named Riverside Park for 22.5 million euros, according to a Thursday filing with the Singapore Exchange.The divestment is part of the trust's strategy to recycle capital, with proceeds to be used to invest in logistics and data centers.