3. The Hour Glass' net profit in the second half of the fiscal year fell 6% year-on-year to 74.4 million yuan, and revenue rose 9% to 622.56 million yuan. Earnings per share was 11.48 cents, a decrease of 6% from the same period last year; the net asset value was 1.43 yuan. The company announced that it would pay an annual dividend of 4 cents per share.
1. Japan Foods Holding announced a sharp increase in net loss for the second half of fiscal year 2025 to the end of March to the end of March to 6.25 million yuan, with a loss per share increasing from 0.33 points in the same period last year to 3.6 points. Judging from the entire fiscal year, the net loss expanded from nearly 500,000 yuan in 2024 to 7.9 million yuan, with a loss of 4.53 points per share.
Trump complained last Friday that tariff negotiations with the EU were stagnant and threatened to impose a 50% tariff on EU imported products from June 1. Meanwhile, he threatened Apple to impose at least 25% tariffs on its products if it does not produce iPhones in the United States.
US President Trump threatened to impose a 50% tariff on the EU, which made investors nervous. The three major stock indexes in the New York stock market fell across the board last Friday (May 23). The Dow Jones Industrial Average fell 0.61%, while the S&P 500 and the Nasdaq fell 0.67% and 1% respectively.
Locally, the Singapore Straits Times index fell 0.4% last week and closed at 3882.42 points last Friday.
Trust said last Friday that under the agreement, the Trust has the right to sell up to four first or second assets to third-party buyers to raise a minimum net sale proceeds of $328.7 million by June 30 this year. The trust has achieved a net income target of about 82%, only $60 million below the target. The trust closed at $0.062 last Friday, starting at 1.64%.
2. Xinxiang Group (SATS) released its results as of the end of March after the market closed last Friday. Net profit in the fourth quarter rose 18.3% year-on-year to 38.7 million yuan, and revenue increased by 10.4% year-on-year to 1.476.7 million yuan, due to increased business volume and improved charging rates.
4. Manulife US REIT has been approved by the lender to extend the deadline for the disposal of assets for six months to December 31 this year, and will use the proceeds from the sale of the Peachtree building and an additional $25 million (approximately S$32.15 million) to repay the debt.
The following are Monday (May 26) stocks available for attention:
Driven by the overall increase in business volume of all core businesses and the increase in air cargo market share, the group's annual revenue increased by 13.0% to RMB 5.82 billion. The net profit for the whole year soared by 332.3% to 243.8 million yuan, reflecting the results of the group's business scale and improved operating efficiency. Xinxiang Group closed the market last Friday at a flat price of 2.98 yuan.
Looking ahead, the company said it will continue to promote the loss-to-profit strategy, focus on more mature and market-proven brands, and mismanaged stores will no longer renew or terminate the lease. The share price of Japan Food Holdings closed at 0.215 yuan last Friday, starting 2.4%.
Oujiashi's stock price closed at 1.61 yuan, with no change.