-- Midea's (SHE:000333, HKG:0300) net profit attributable to shareholders in the first quarter rose 2% to 12.7 billion yuan from 12.4 billion yuan a year earlier, according to a Hong Kong filing on Thursday.
Earnings per share increased 3.7% year on year to 1.69 yuan from 1.63 yuan. Current EPS beat Visible Alpha's estimate of 1.65 yuan.
Operating revenue was 131.1 billion yuan, 2.6% higher than 127.8 billion yuan in the previous year and higher than VA analysts' forecast of 131 billion yuan.
Innovent Biologics (HKG:1801) recorded a 50% year over year growth in total product revenue during the first quarter of 2026, according to a Hong Kong bourse filing Thursday.The firm generated 3.8 billion yuan in total product revenue during the period on the back of its oncology pipeline and general biomedicine franchise.
Port of Tauranga (NZE:POT) said it has launched a new stormwater treatment system at its Mount Maunganui wharves, according to a Thursday statement.Chief executive Leonard Sampson said the port monitors both stormwater and harbor water to gather data and identify improvement opportunities, resulting in several initiatives and infrastructure upgrades at the Mount Maunganui wharves to prevent contaminants from entering Te Awanui Tauranga harbor.
MGM China (HKG:2282) posted total revenue of HK$8.77 billion for the first quarter, up from HK$7.99 billion a year earlier, according to a Thursday Hong Kong bourse filing.Adjusted EBITDA rose to HK$2.46 billion from HK$2.37 billion in the prior-year period.