-- Zangge Mining's (SHE:000408) attributable profit surged 111% to 1.57 billion yuan in the first quarter from 747.2 million yuan in the year-ago period, according to a Saturday filing with the Shenzhen bourse.
Earnings per share at the potassium chloride and lithium carbonate producer increased 108% to 1 yuan from 0.48 yuan in the prior-year period.
Operating income grew 30% year over year to 715.6 million yuan from 552.1 million yuan.
Shares increased 2% during the midday break on Monday.
Sichuan Yahua Industrial's (SHE:002497) unit, Sichuan Yahua Civil Explosives Group, plans to acquire 51% of Weifang Longhai Safety Technology for a consideration of up to 362.1 million yuan, according to a Shenzhen bourse filing on Saturday.The civil explosive maker's shares slipped less than 1% during Monday's afternoon trade.Longhai Safety Tech produces and sells civil explosives, as well as security equipment.The stake will be bought from Weifang Longhai Civil Explosives.
Saudi Arabia's real estate prices declined 1.6% year over year in the first quarter, after a 0.7% fall in the previous three months, the country's General Authority for Statistics said Monday.The deflation was mainly attributed to a decrease in residential sector prices.On a quarterly basis, the real estate price index dropped 0.2% in the three months to March, against a 0.4% decrease earlier.
EcoGraf (ASX:EGR) executed a non-binding memorandum of understanding with Mitsubishi Chemical relating to the supply, qualification, and potential long-term commercialization of natural flake graphite, unpurified spherical graphite, and purified spherical graphite for Mitsubishi's battery anode material operations, according to a Monday Australian bourse filing.Mitsubishi will consider a long-term product sales arrangement for 10,000 tonnes per year of unpurified and/or purified spherical graphite, or around 16,500 tonnes per year of -100 mesh natural flake graphite, subject to ongoing technical evaluation outcomes.