PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Hon Hai Precision Industry (2317 TT) September revenue rose 38.4% Y/Y to TWD 1.2tln
The pre-market report covered Hon Hai and Largan revenue, Singapore note and contract developments, and a Nasdaq record; a separate report detailed Hon Hai’s AI outlook and cautions.
News detail
TAIWAN Hon Hai Precision Industry (2317 TT) - Co. September revenue rose 38.4% Y/Y to TWD 1.2tln, while Q3 revenue rose 47.1% Y/Y to TWD 3.03tln; Co. expects AI-related operations to continue growing in Q4. (Newswires) Largan Precision (3008 TT) - Co. Q3 revenue fell 11.47% Y/Y to TWD 15.65bln, while September revenue reached its highest level since October last year. (Taipei Times) Tech - Nasdaq outperformed during US trade and rose to a fresh record high. SINGAPORE Aspial Lifestyle (ASPL SP) - Co. launched an offer to repurchase up to SGD 25mln of existing notes, comprising up to SGD 10mln of 6.25% notes due 2027 and up to SGD 15mln of 5.1% notes due 2029, funded by proceeds from newly issued SGD 75mln 5% notes due 2031. (Business Times) Civmec (CIVM SP) - Co. secured new contract awards and extensions worth more than AUD 220mln, lifting its total order book to about AUD 1.5bln. (Business Times)
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