PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Japanese markets reopen from the long weekend

AUSTRALIA

Abacus Storage King (ASK AT) - Co. FY24 (AUD) oper. profit rose 7.4% Y/Y to 136.2mln. (Newswires)

BHP (BHP AT) - Co. Escondida copper mine workers union accused Co. of anti-union practices for making an offer outside the mediation process. (Newswires)

Challenger (CGF AT) - Co. FY24 (AUD) adjusted NPAT rose 14% Y/Y to 417mln, statutory NPAT fell 24% Y/Y to 130mln, AUM rose 21% to 127bln. (Newswires)

CSL (CSL AT) - Co. FY24 (USD) net profit after tax attributable rose 11% Y/Y to 2.91bln, rev. rose 11% Y/Y to 14.8bln, sees FY25 NPATA 3.2bln-3.5bln. (Newswires)

Evolution Mining (ECB AT) - Co. announced it became aware of a ransomware attack on its systems on August 8th and is working with cyber forensic experts to investigate the incident, while it does not expect a material impact on operations. (Newswires)

James Hardie (JHX AT) - Co. Q1 (USD) adj. net 178mln, net 155.3mln (prev. 157.8mln Y/Y), rev. 992mln (prev. 954mln Y/Y), sees Q2 adj. net 135mln-155mln. (Newswires)

Seek (SEK AT) - Co. FY24 (AUD) adj. net fell 31% Y/Y to 179mln, rev. fell 17% Y/Y to 1.16bln, sees FY25 adj. net 130mln-180mln. (Newswires)

Stanmore Resources (SMR AT) - Co. completed acquisitions from South32 (S32 AT) and Aquila, while it now owns and controls 100% of the Eagle Downs project. (Newswires)

Strike Energy (STX AT) - Co. was awarded 85MW of certified reserve capacity in South West Interconnected System by AEMO. (Newswires)

Temple & Webster (TPW AT) - Co. FY24 (AUD) EBITDA 13.1mln, rev. rose 26% Y/Y to a record 498mln, Co. said FY25 started strongly with trading up 26% Y/Y for July 1st-August 11th, Co. appointed Cameron Barnsley as CFO effective September 2nd. (Newswires)

JAPAN

Chubu Electric Power (9502 JT) - Co. Q1 (JPY) net fell 51% Y/Y to 99.5bln. (Newswires)

Honda (7267 JT) / Nissan (7201 JT) - Honda and Nissan are to launch an initiative to recycle plastic from scrapped EVs for new autos assembled in Europe, while Nissan will consider investing in a Renault (RNO FP) recycling unit. (Nikkei)

Itochu (8001 JT) - Co. Q1 (JPY) net fell 3.1% Y/Y to 206.6bln, sees FY24/25 net to increase 9.8% Y/Y to 104bln. (Newswires)

Japan Display (6740 JT) - Co. Q1 (JPY) group net loss 6.5bln (prev. loss 12.25bln Y/Y). (Newswires)

Japan Post Bank (7182 JT) - Co. Q1 (JPY) group net rose 10.8% Y/Y to 96.2bln, sees FY24/25 net to increase 2.4% Y/Y to 365bln. (Newswires)

Japan Post Holdings (6178 JT) - Co. Q1 (JPY) group net 74.7bln (prev. loss 8.5bln Y/Y), sees FY24/25 net to increase 4.2% Y/Y to 280bln. (Newswires)

Japan Post Insurance (7181 JT) - Co. Q1 (JPY) net fell 0.4% Y/Y to 21bln, sees FY24/25 net to decline 9.3% Y/Y to 79bln. (Newswires)

MS&AD Insurance (8725 JT) - Co. Q1 (JPY) group net rose 83% Y/Y to 204.3bln, sees FY24/25 net to rise 65% Y/Y to 610bln. (Newswires)

Nidec (6594 JT) - Co. Q1 (JPY) net fell 12.5% Y/Y to 56.0bln, sees FY24/25 net to rise 48% Y/Y to 185bln. (Newswires)

Sharp (6752 JT) - Co. Q1 (JPY) net loss 1.3bln (prev. profit 5.5bln Y/Y). (Newswires)

Autos - Chinese EV maker Zeekr (ZK) is preparing to roll out its high-end EVs in Japan next year. (Newswires)

SOUTH KOREA

Grand Korea Leisure (114090 KS) - Co. Q2 (KRW) consolidated oper. profit rose 20% Y/Y to 13.2bln. (Newswires)

Kyung Dong Navien (009450 KS) - Co. Q2 (KRW) consolidated oper. profit rose 181% Y/Y to 29.5bln. (Newswires)

NCSoft Corp (036570 KS) - Co. replaced the chief executives of its overseas units in US, Japan and Taiwan. (Yonhap)

13 Aug 2024 - 00:44- ForexResearch Sheet- Source: Newswires