The following companies may have unusual price changes today in Asian trading, excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.
China International Marine Containers (Group) Co. (200039 CH): The designer and manufacturer of containers and trailers reported net income for the three months ended March 31 rose 283 percent on a year earlier to 1.36 billion yuan ($208.3 million), according to a company filing with the Shenzhen Stock Exchange. The stock gained 0.2 percent to 17.74 yuan.
Hana Micron Inc. (067310) (067310 KS): The South Korean manufacturer and designer of semiconductor packages for memory and non-memory semiconductor products was rated new “buy” with a six-month share price estimate of 22,500 won by Kwan-Soo Lee, an analyst at Heungkuk Securities. The stock rose 4.2 percent to 16,200 won.
Honam Petrochemical Corp. (011170) (011170 KS): South Korea’s fourth-largest petrochemicals maker is running about 10 percent of its Yeosu and Daesan ethylene plants in South Korea on liquefied petroleum gas, according to a company official. The plants have reduced the amount of naphtha used as feedstock in a move to counter rising prices, said the official, who declined to be identified because the information is confidential. The stock rose 1.5 percent to 435,000 won.
Hyundai Merchant Marine Co. (011200 KS): The company said it posted an operating loss of 24.1 billion won ($22.29 million) in the first quarter from a profit of 6.17 billion won a year earlier. Sales dropped 2.8 percent to 1.75 trillion won in the January-March period, the Seoul-based company said in aregulatory filing. The stock fell 1 percent to 33,950 won.
KAF-Seagroatt & Campbell Bhd. (KAF) : The Malaysian stock brokerage said profit in the third quarter ended Feb. 28 surged 68 percent from a year earlier to 4.01 million ringgit ($1.34 million) as sales gained, according to a company statement. KAF was unchanged at 1.40 ringgit.
Padini Holdings Bhd. (PAD) : Puncak Bestari Sdn. ceased to be a substantial shareholder of Padini after selling 179.3 million shares, or a 27 percent stake, in the Malaysian garment manufacturer and retailer, a stock filing showed. Padini jumped 10 percent to 1.19 ringgit.
PetroChina Co. (857 HK): The nation’s second-largest refiner plans to increase daily oil processing at its Dalian plant by 2.5 percent next month to meet rising domestic demand. The plant, PetroChina’s biggest, will refine 1.6 million metric tons of crude in May, or 378,300 barrels a day, compared with 368,900 barrels a day in April, an official from the refinery said by telephone. The stock rose 1.9 percent to HK$11.88.
Phoenix Petroleum Philippines Inc. (PNX) The Philippine oil retailer said first-quarter revenue increased 122 percent to 6.1 billion pesos ($141 million). The stock gained 0.8 percent to 12.50 pesos.
U-Ming Marine Transport Corp. (2606) (2606 TT): The company reported NT$6.67 billion in profit for 2010, 14 percent more than analyst estimates, according to data compiled by Bloomberg News. The stock gained 0.3 percent to NT$62.70.
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