Rio Tinto Approves US$1.9 Bn Australian Bauxite Project -- Update 

Rio Tinto PLC approved a US$1.9 billion bauxite project in northeastern Australia, bucking a trend among major resources companies that have largely iced new mines to protect profits from low commodity prices. (published 0425 GMT)

 
 
Axiata Group 3Q Profit Rises 40% 

Axiata Group Bhd., Malaysia's largest telecom company by revenue, Friday posted a 40.2% rise in third-quarter net profit helped by higher earnings in Indonesia and gains from some other overseas operations. (published 0547 GMT)

 
 
Fisher & Paykel Healthcare Posts Higher Profit --Update 

Fisher & Paykel Healthcare Corp. reported a 27% rise in first-half profit because of continued strong demand for its medical devices, including breathing masks to treat respiratory conditions. (published 0116 GMT)

 
 
Qingdao Holdings Announces Management Reshuffle, Appointing New CEO and Chairman 

Qingdao Holdings International Ltd., which sells and leases properties, announced a management reshuffle late Thursday. (published 0136 GMT)

 
 
Yongsheng Advanced Materials: Expect Jan-Sept Net Profit up 30% on Year 

Yongsheng Advanced Materials Co. Ltd., which engages in trading of textile-related products, said late Thursday it expects its net profit for the January-September period to rise 30% from a year earlier, thanks to higher profit from its dyeing and processing business as well as its polyester filament yarn production business. (published 0110 GMT)

 
 
China Environmental Energy Investment Expects 'Substantial Loss' for Apr-Sep 

China Environmental Energy Investment Ltd., which engages in waste paper, scrap metal and consumable waste recycling, said late Thursday it expects to record a 'significant loss' for the April-September period, mainly due to the impairment loss on its investment. (published 0041 GMT)

 
 
Scentre Sells 3 Malls in New Zealand for NZ$549 Mln 

Scentre Group said Friday it has agreed to sell three shopping malls in New Zealand, generating combined gross proceeds of 549 million New Zealand dollars . (published 0307 GMT)

 
 
Tsui Wah: First-Half Net Profit Down 8.5% to HK$81.3 Million 

Restaurant chain operator Tsui Wah Holdings Ltd. Friday reported a 8.5% drop in its first-half net profit, partly dragged by higher operating expenses and increased staff costs. (published 0500 GMT)

 
 
 
 

(END) Dow Jones Newswires

November 27, 2015 01:00 ET (06:00 GMT)

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