WUXI, China, April 30, 2025 /PRNewswire/ -- Mingteng International Corporation Inc. (Nasdaq: MTEN) (the "Company" or "Mingteng International"), an automotive mold developer and supplier in China, today announced its financial results for the fiscal year ended December 31, 2024.
Mr. Yingkai Xu, Chairman and Chief Executive Officer of Mingteng International, remarked, "In fiscal year 2024, we made several strategic decisions, including expanding our production capacity and increasing our workforce, to adapt to evolving market dynamics and rising competition. While these initiatives resulted in higher investments and operating expenses, we achieved solid revenue growth of 23.0%, underscoring the effectiveness of our business strategy and the strength of our long-standing relationships with major customers. Notably, our machining services have become a key growth driver due to prioritized resource allocation. This segment grew by an impressive 327.6% during this year, surpassing our mold repair business to become the second-largest revenue contributor, accounting for the 21.2% of total revenue in fiscal year 2024.
HONG KONG, April 30, 2025 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2024 ("Fiscal 2024").
The Company had net income of US$734,000 in Fiscal 2024, as compared to US$1,828,000 for the fiscal year ended December 31, 2023 ("Fiscal 2023"). There was an exceptional increase in equity in income of affiliates in Fiscal 2023 arising from the disposal of 2 desulfurization treatment plants for a "Build-operate-transfer" project, which contributed approximately US$1,450,000 to the Company's net income of Fiscal 2023. The Company's net income had a substantial increase if the non-recurrent profit is excluded.
VANCOUVER, BC, April 30, 2025 /CNW/ - Mayfair Gold Corp. ("Mayfair", or the "Company") (TSXV: MFG) (OTCQX: MFGCF) is pleased to report its operating and financial results for the quarter ended December 31, 2024. Mayfair is focused on the exploration and development of its 100% controlled Fenn-Gib gold project located in the Timmins region of Northeast Ontario ("Fenn-Gib" or the "Project"). The full version of the financial statements and accompanying management discussion and analysis can be viewed on the Company's website at www.mayfairgold.ca or on SEDAR+ at www.sedarplus.com. Unless otherwise stated, all amounts are presented in Canadian dollars.
NEW YORK, April 30, 2025 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, reminds of purchasers of securities of Maravai Lifesciences Holdings, Inc. (NASDAQ: MRVI) between August 7, 2024 and February 24, 2025, both dates inclusive (the "Class Period"), of the important May 5, 2025 lead plaintiff deadline.
So what: If you purchased Maravai securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
GROTON, Conn., April 30, 2025 /PRNewswire/ -- General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), announced today it has been awarded a total of $12.4 billion in contract modifications for construction of two fiscal year 2024 Virginia-class submarines. Additionally, the award funds investments to improve productivity at the shipyards and workforce support as detailed in the Department of Defense contract award announcement (https://www.defense.gov/News/Contracts/Contract/Article/4170827/). This contract includes options which, if exercised, would bring the cumulative value to $17.2 billion.
CALGARY, AB, April 30, 2025 /CNW/ - Willow Biosciences Inc. (the "Company") (TSX: WLLW) (OTCQB: CANSF) announces the completion today of the sale (the "Transaction") of its wholly-owned operating subsidiary, Epimeron USA, Inc., to the U.S. subsidiary of Mycofeast Ltd., a privately-held, arms-length entity based in the United Kingdom (the "Purchaser"), pursuant to the terms of a share purchase agreement dated March 14, 2025 (the "Share Purchase Agreement"), between the Company and the Purchaser.
CALGARY, AB, April 30, 2025 /PRNewswire/ - Willow Biosciences Inc. (the "Company") (TSX: WLLW) (OTCQB: CANSF) announces the completion today of the sale (the "Transaction") of its wholly-owned operating subsidiary, Epimeron USA, Inc., to the U.S. subsidiary of Mycofeast Ltd., a privately-held, arms-length entity based in the United Kingdom (the "Purchaser"), pursuant to the terms of a share purchase agreement dated March 14, 2025 (the "Share Purchase Agreement"), between the Company and the Purchaser.
TORONTO, April 30, 2025 /CNW/ - Toromont Industries Ltd. (TSX: TIH) today reported its financial results for the first quarter ended March 31, 2025.
Three months ended March 31
($ millions, except per share amounts)
2025
2024
% change
Revenue
$ 1,089.6
$ 1,016.3
7 %
Operating income
$ 98.5
$ 106.6
(8) %
Net earnings
$ 74.4
$ 83.9
(11) %
Basic earnings per share ("EPS")
$ 0.92
$ 1.02
(10) %
"I am pleased with the performance of the team in the quarter. In a somewhat challenging market, we had consolidated revenue growth of 7% overall with growth in both the Equipment Group and CIMCO. Although we did not match our bottom-line performance from last year, due largely to business mix and lower interest income, the team managed expenses very well and enhanced our already solid financial position," stated Michael S. McMillan, President and Chief Executive Officer of Toromont Industries Ltd. "The Equipment Group executed well with improved new equipment deliveries in construction, mining and power segments. Rental markets improved slightly in the first quarter, reflecting the larger fleet. CIMCO revenue and bottom-line improvements demonstrated the team's strong execution while we continued to exercise disciplined capital management."
NEW YORK, April 30, 2025 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Backblaze, Inc. (NASDAQ: BLZE) resulting from allegations that Backblaze may have issued materially misleading business information to the investing public.
So What: If you purchased Backblaze securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
NEW YORK, April 30, 2025 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of TFI International Inc. (NYSE: TFII) between April 26, 2024 and February 19, 2025, both dates inclusive (the "Class Period"), of the important May 13, 2025 lead plaintiff deadline.
So what: If you purchased TFI International securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
Media assets here
LOS ANGELES, April 30, 2025 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and the Los Angeles Dodgers Foundation (LADF) hosted an inspiring STEM event today at SoCalGas' Energy Resource Center (ERC), welcoming students from the Brotherhood Crusade, Kollab Youth Workforce Development Program, and Dodgers Dreamteam participants. The event brought together 50 students from across the Los Angeles area to learn about the exciting opportunities in science, technology, engineering, and mathematics (STEM).
SHANGHAI, April 30, 2025 /PRNewswire/ -- GreenTree Hospitality Group Ltd. (NYSE: GHG) ("GreenTree" or the "Company"), a leading hospitality management group in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC") on April 30, 2025 U.S. Eastern Time.
The annual report can be accessed on the Company's investor relations website at http://ir.998.com/ as well as the SEC's website at http://www.sec.gov.
LITTLE ROCK, Ark. and TORONTO, April 30, 2025 /CNW/ - BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX: HOM.U) (TSX: HOM.UN) today announced that it has closed the previously announced contribution transaction (the "Contribution Transaction"), pursuant to which BSR Trust, LLC ("BSR Trust"), the operating subsidiary of the REIT, sold six properties comprising 1,844 apartment units located in Dallas, TX to AvalonBay Communities, Inc. ("AVB") (NYSE: AVB) valued at $431,500,000 in the aggregate. Under the Contribution Transaction, BSR Trust received $193,000,000 in cash consideration, a portion of which was used to extinguish all existing mortgage debt on the contributed properties, and the remainder of which is anticipated to be used for transaction expenses and other general corporate purposes. In addition, the previously announced participation offer under the Contribution Transaction was fully subscribed, resulting in the cancellation of 15,000,000 (approximately 75%) of the Class B units of BSR Trust ("Class B Units") on the date hereof. These Class B Units were exchanged for equity ("AVB DownREIT Units") of a newly formed "DownREIT" partnership entity of AVB.
NEW YORK, April 30, 2025 /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ibotta, Inc. (NYSE: IBTA) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with Ibotta's April 18, 2024 initial public offering (the "IPO"), of the important June 16, 2025 lead plaintiff deadline.
Strong Quarter-to-Quarter Margin Progression
MirrorEye® and SMART 2 Tachograph Set Quarterly Sales Records
Maintaining Previously Provided Full-Year 2025 Guidance
2025 First Quarter Results
Sales of $217.9 millionGross profit of $46.3 million (21.2% of sales)Adjusted gross profit of $47.7 million (21.9% of sales)Operating loss of $(3.2) million ((1.5)% of sales)Adjusted operating loss of $(0.4) million ((0.2)% of sales)Net loss of $(7.2) million ((3.3)% of sales)Adjusted net loss of $(5.1) million ((2.4)% of sales)Adjusted EBITDA of $7.6 million (3.5% of sales)TORONTO, April 30, 2025 /CNW/ - Economic Investment Trust Limited ("the Company") (TSX: EVT) today announced the results of its annual and special meeting of shareholders (the "Meeting") held on April 30, 2025. All director nominees were elected as directors of the Company and PricewaterhouseCoopers LLP was reappointed as the Company's auditors and the Board of Directors was authorized to fix their remuneration. Shareholders approved the previously announced amendments to the Company's articles of continuance to give effect to a ten-for-one share split of the Company's common shares (the "Share Split"), all as further described in the Company's management information circular dated March 19, 2025 (the "Circular").
TSX: EOXwww.euromaxresources.com
VANCOUVER, BC, April 30, 2025 /CNW/ - Euromax Resources Ltd., (TSXV: EOX): ("Euromax" or the "Company") announces that the Company has agreed to issue a non-interest bearing, unsecured, non-convertible promissory note in the principal amount of USD$475,000 ("Promissory Note") to one of its current major shareholders, Galena Resource Equities Limited ("Galena"), an entity controlled and managed by Galena Asset Management S.A., which is an affiliate of Trafigura Pte Ltd.. The proceeds from the Promissory Note will be used to provide the Company with short term working capital. The Company currently has no source of operational cash flow, and it is anticipated that the Company will require additional financing in the second half of 2025.
TORONTO, April 30, 2025 /PRNewswire/ - Spin Master Corp. ("Spin Master" or the "Company") (TSX: TOY) (www.spinmaster.com), a leading global children's entertainment company, today announced its financial results for the three months ended March 31, 2025. The Company's full Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2025 is available under the Company's profile on SEDAR+ (www.sedarplus.com) and posted on the Company's web site at www.spinmaster.com. All financial information is presented in United States dollars ("$", "dollars" and "US$") and has been rounded to the nearest hundred thousand, except per share amounts and where otherwise indicated.
TORONTO, April 30, 2025 /CNW/ - Spin Master Corp. ("Spin Master" or the "Company") (TSX: TOY) (www.spinmaster.com), a leading global children's entertainment company, today announced its financial results for the three months ended March 31, 2025. The Company's full Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2025 is available under the Company's profile on SEDAR+ (www.sedarplus.com) and posted on the Company's web site at www.spinmaster.com. All financial information is presented in United States dollars ("$", "dollars" and "US$") and has been rounded to the nearest hundred thousand, except per share amounts and where otherwise indicated.
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
TORONTO, April 30, 2025 /CNW/ - Starlight U.S. Residential Fund (TSXV: SURF.A) (TSXV: SURF.U) (the "Fund") announced today that it has completed the sale of a 376-suite Class "A" institutional quality multi-family property built in 2014 and located in the South Las Vegas submarket of Las Vegas, Nevada (the "Property") for cash proceeds of US$103.5 million.
The Fund intends to use proceeds from the sale of the Property to repay the pending mortgage maturity on the Property, with the remaining balance used to repay additional credit facilities of the Fund.
The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.
Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.
On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.