-- Jiangsu Yanghe Brewery (SHE:002304) posted 2025 attributable net profit of 2.21 billion yuan, down 67% from 6.67 billion yuan the previous year.
Earnings per share fell to 1.4644 yuan from 4.4299 yuan, according to a Tuesday filing with the Shenzhen bourse.
The liquor company's revenue declined 33% year over year to 19.2 billion yuan from 28.9 billion yuan.
China Pacific Insurance's (HKG:2601, SHA:601601) net attributable profit increased in the first quarter despite revenue pressures.The Shanghai-headquartered insurance giant reported a 4% increase in net profit in the first quarter to 10 billion yuan from 9.6 billion yuan, according to a late Tuesday disclosure to the Hong Kong Stock Exchange.Earnings per share fell to 0.94 yuan from 1 yuan.Revenue fell 1.2% to 92.5 billion yuan from 93.7 billion yuan.Insurance revenue jumped 1% to 70.2 billion yuan from 69.6 billion yuan in the year-ago period.The CPIC Life business saw insurance revenue rise 2.6% year over year to 21.6 billion yuan. Written premiums fell 2.8% to 116.3 billion yuan from 119.6 billion yuan. New regular premiums jumped 41% year over year to 18.9 billion yuan.New business value at CPIC's life unit increased 9.6% to 6.37 billion yuan.Agency channel premiums jumped 3.2% to 85.5 billion yuan from 82.9 billion yuan, while its bancassurance business premiums slid 22% to 20.9 billion yuan from 26.8 billion yuan.Group channel premiums inched down 1.3% to 9.29 billion yuan from 9.42 billion yuan.The property and casualty business' primary premium income slid 0.3% to 63 billion yuan, with revenue falling 0.2% to 47.8 billion yuan.Shares closed 5% in Hong Kong and 4% higher in Shanghai during afternoon trading on Wednesday.
Standard Chartered (HKG:2888) bought back 837,549 shares on Monday at an average price of 17.70 pounds sterling apiece, according to a Wednesday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.
Northern Oil and Gas (NOG) produced 10% more hydrocarbons in Q1 than in the same period of 2025, it said in its earnings report, with oil averaging 148,303 barrels per day, while natural gas output rose 33% to 40.4 million cubic feet per day.While produced barrels of oil equivalent increased, within that there was a reduction in crude oil output. Crude production was 6.6 million barrels over the quarter, down 6% from Q1 2025's 7.1 million, but gas output rose to 448.4 billion cubic feet versus 337.7 billion.The company completed 41 ground game transactions that added more than 5,100 net acres and 6.14 net wells at a total cost of $43.6 million, it said.Northern Oil and Gas said the current geopolitical context was generally favorable to its business and it was "well-positioned to navigate it," it said, noting improved price realizations. It said this was also true of 2027 and 2028 forward prices which it said were now higher, giving it confidence to invest.The company said it has added 70 new asset locations in the past year, building "an underappreciated runway of future value" that it said would later differentiate it from its peers.Well performance remains strong across all basins where it operates with Appalachian volumes having set another production record.Interestingly, the statement noted that there was a bottleneck on its gas production due to a lack of "takeaway capacity" in the Permian Basin.