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Jingsheng Mechanical & Electrical's 2025 Profit Drops 65%, Revenue Falls 35%

Zhejiang Jingsheng Mechanical & Electrical's (SHE:300316) net profit attributable to shareholders in 2025 dropped 65% year on year to 884.7 million yuan, or 0.68 yuan per share, according to a Saturday filing on the Shenzhen bourse.The semiconductor equipment manufacturer's attributable shares a year earlier was 2.51 billion yuan, or 1.92 yuan per share.Operating revenue fell 35% to 11.4 billion yuan from 17.6 billion yuan a year earlier.

$SHE:300316

Asia10d ago

SEM Holdings Controlling Shareholder Sells 9% Stake in Business

SEM Holdings (HKG:9929) said its controlling shareholder Yao Capital sold a 9% stake in the business to HH RSV-MIM Holdings, according to a Hong Kong bourse filing Friday.Shares of the electrical and mechanical engineering services fell over 10% in morning trade Monday.Yao Capital disposed 180 million shares of the firm for $13.2 million, reducing its stake from 75% to 66%, SEM said.

$HKG:9929

Asia10d ago

Market Chatter: Singapore to Likely Adjust Monetary Policy Amid Recession Fears

Singapore is likely to tighten its monetary policy at its April 14 review, amid global recession fears, according to a report by Bloomberg News on Monday.Citing a survey in which 15 out of 18 economists expected the Monetary Authority of Singapore to tighten its policy, the report said that the country's reliance on imported energy exposes it to the crisis in the Middle East.With fuel, transport and electricity costs rising, businesses are likely to face higher input prices, the report added.The MAS is also expected to update its inflation outlook, with the Ministry of Trade slated to release its latest report on economic performance during the first quarter of the year on Tuesday, the report noted.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$^STI

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Financial News · Live Terminal

Jingsheng Mechanical & Electrical's 2025 Profit Drops 65%, Revenue Falls 35%

SEM Holdings Controlling Shareholder Sells 9% Stake in Business

Market Chatter: Singapore to Likely Adjust Monetary Policy Amid Recession Fears

Jingsheng Mechanical & Electrical's 2025 Profit Drops 65%, Revenue Falls 35%

SEM Holdings Controlling Shareholder Sells 9% Stake in Business

Market Chatter: Singapore to Likely Adjust Monetary Policy Amid Recession Fears

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