PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Numerous earnings including from Coles, Monadelphous and Woodside Energy, Hyundai reaches agreement with trade union
AUSTRALIA
ARB Corporation (ARB AT) - Co. FY (AUD) net fell 5.2% Y/Y to 92.4mln, underlying net fell 7.5% Y/Y to 89mln, rev. fell 3.7% Y/Y to 711.5mln, final dividend AUD 0.35/shr. (Dow Jones Newsplus)
AUB Group (AUB AT) - Co. FY (AUD) net fell 47% Y/Y to 96.0mln, underlying net rose 12% Y/Y to 224.6mln, rev. rose 6% Y/Y to 1.24bln, final dividend AUD 0.71/shr, expects FY27 underlying net of AUD 245–265mln, representing growth of 9.1–18.0%. (Dow Jones Newsplus)
Cedar Woods Properties (CWP AT) - Co. FY (AUD) net rose 36% Y/Y to 65.6mln, rev. rose 8% Y/Y to 502.4mln, final dividend AUD 0.25/shr, targets FY27 net growth of 15%. (Motley Fool)
Coles Group (COL AT) - Co. FY (AUD) net rose 1.0% Y/Y to 1.09bln, EBIT rose 0.5% Y/Y to 2.09bln, rev. rose 2.8% Y/Y to 45.72bln, final dividend AUD 0.37/shr, supermarket sales excluding tobacco rose 5.1% and sales growth in the first eight weeks of FY27 was consistent with Q4 FY26. (Dow Jones Newsplus)
Dalrymple Bay Infrastructure (DBI AT) - Co. H1 (AUD) net rose 14% Y/Y to 49.2mln, rev. rose 9.5% Y/Y to 434.2mln, Q2 distribution AUD 0.0675/security. (Dow Jones Newsplus)
Electro Optic Systems (EOS AT) - Co. H1 (AUD) net loss 32.9mln, rev. 168.8mln, no interim dividend, expects FY26 rev. of AUD 360–400mln. (Dow Jones Newsplus)
G8 Education (GEM AT) - Co. H1 (AUD) net loss 38.8mln, rev. fell 11% Y/Y to 413.6mln, no interim dividend. (Dow Jones Newsplus)
Genius Group (GNS US) - Investors have an opportunity to seek lead-plaintiff status in a securities-fraud lawsuit against Citadel Securities and Virtu Americas. (Press Release)
GenusPlus Group (GNP AT) - Co. FY (AUD) underlying net rose 44% Y/Y to 54.7mln, normalised EBITDA rose 49.6% Y/Y to 100.8mln, rev. rose 70.5% Y/Y to 1.28bln. (Motley Fool)
Monadelphous Group (MND AT) - Co. FY (AUD) net rose 52% Y/Y to 127.3mln, rev. rose 29% Y/Y to 2.80bln, final dividend AUD 0.59/shr, with more than AUD 2.7bln of contracts and extensions secured since 1 July 2025 and its committed pipeline remaining strong. (Dow Jones Newsplus)
MyState (MYS AT) - Co. FY (AUD) net rose 58% Y/Y to 56.2mln, rev. rose 37% Y/Y to 255.9mln, final dividend AUD 0.125/security. (Dow Jones Newsplus)
Nanosonics (NAN AT) - Co. FY (AUD) net fell 14% Y/Y to 17.8mln but rose 13% on a constant-currency basis, while rev. rose 2.7% Y/Y to 203.9mln. (Dow Jones Newsplus)
Ramelius Resources (RMS AT) - Co. increased ore reserves by 79% to 4.3mln ounces of gold and mineral resources by 17% to 14mln ounces as of 30 June 2026. (Motley Fool)
Scentre Group (SCG AT) - Co. H1 (AUD) net rose 25% Y/Y to 974.5mln, funds from operations rose 4.4% Y/Y to 612.4mln and rev. fell 8.3% Y/Y to 1.20bln. (Dow Jones Newsplus)
SiteMinder (SDR AT) - Co. FY (AUD) net loss 11.3mln (prev. loss 24.5mln Y/Y), rev. 266.1mln (prev. 224.3mln Y/Y). (Dow Jones Newsplus)
SkyCity Entertainment Group (SKC AT) - Co. rejected unsolicited non-binding takeover proposals from Oaktree Capital at NZD 0.70/shr and another party at NZD 0.75/shr after determining they undervalued the Co. and contained problematic conditions, with neither party submitting an improved proposal. (Dow Jones Newsplus)
South32 (S32 AT) - Co. increased its Sierra Gorda ore-reserve estimate by 61%, highlighting the scale and quality of the orebody and its potential for further growth. (Dow Jones Newsplus)
Tourism Holdings (THL AT) - Co. FY (NZD) net from continuing operations 39.9mln (prev. loss 14.1mln Y/Y), underlying net rose 34% Y/Y to 46.1mln, rev. fell 5% Y/Y to 852.9mln, rental rev. rose 11% Y/Y to 517.5mln, FY dividend rose 62% Y/Y to NZD 0.105/shr. (Motley Fool)
Tyro Payments (TYR AT) - Co. FY (AUD) net rose 20% Y/Y to 21.3mln, EBITDA rose 8.6% Y/Y to 66.9mln, rev. rose 0.7% Y/Y to 489.4mln, transaction value rose 2.9% Y/Y to 44.25bln, no final dividend. (Dow Jones Newsplus)
Viva Energy Group (VEA AT) - Co. enters H2 with a strong balance sheet and expects H2 2026 C&I earnings to moderate but remain above H2 2025, while federal fuel-security programmes could support substantial infrastructure development at its Geelong energy hub. (Newswires)
Vulcan Steel (VSL AT) - Co. FY (NZD) EPS rose 20% Y/Y to 0.144, adjusted EPS rose 10.8% Y/Y to 0.151, EBITDA rose 19% Y/Y to 129.3mln and adjusted EBITDA rose 16% Y/Y to 130.3mln. (Motley Fool)
WiseTech Global (WTC AT) - Co. appointed Tim Ebbeck as a non-executive director and chair of its Audit and Risk Committee. (Dow Jones Newsplus)
Woodside Energy Group (WDS AT) - Co. H1 (USD) net rose 27% Y/Y to 1.67bln, underlying net rose 7% Y/Y to 1.33bln, interim dividend USD 0.57/shr. (Dow Jones Newsplus)
Broker Ratings/Price Target
- Ampol (ALD AT) price target raised 6.4% to AUD 41.50/shr by UBS.
- Ansell (ANN AT) price target raised 9.3% to AUD 38.60/shr by Macquarie; price target raised 13% to AUD 38.70/shr by UBS.
- Bendigo and Adelaide Bank (BEN AT) price target cut 7.1% to AUD 10.50/shr by UBS.
- Chorus (CNU NZ) price target cut 3.1% to NZD 9.45/shr by UBS.
- Data#3 (DTL AT) price target raised 29% to AUD 11.00/shr by UBS.
- Endeavour Group (EDV AT) price target cut 7.1% to AUD 3.25/shr by UBS.
- IDP Education (IEL AT) cut to Neutral from Buy by UBS; price target cut 62% to AUD 1.95/shr.
- IGO (IGO AT) cut to Neutral from Buy by UBS; price target cut 7.8% to AUD 8.85/shr.
- Mineral Resources (MIN AT) price target cut 2.5% to AUD 79.00/shr by UBS.
- Nib Holdings (NHF AT) raised to Neutral from Underperform by Macquarie; price target raised 8.2% to AUD 6.60/shr by Macquarie; price target cut 2.6% to AUD 7.40/shr by UBS.
- Perenti (PRN AT) price target cut 1.75% to AUD 2.80/shr by Macquarie.
- Reece (REH AT) cut to Underperform from Neutral by Macquarie; price target raised 2.0% to AUD 15.20/shr.
JAPAN
Eisai (4523 JT) - Co. and Biogen announced that once-weekly subcutaneous LEQEMBI IQLIK is now available in the US as an autoinjector-based initiation therapy for adults with early Alzheimer’s disease, offering an alternative to intravenous dosing. (Newswires)
Nissan Motor (7201 JT) - Uber will introduce the Co.’s new Elgrand luxury minivan across its regulated taxi and chauffeured-car services in Japan. (Nikkei)
SoftBank Corp. (9434 JT) - Fitch affirmed the Co.’s long-term issuer default rating at BBB+ with a stable outlook. (Fitch)
Sumitomo Mitsui Trust Group (8309 JT) - Co. plans to enter Vietnam’s asset-management sector as early as 2027 through a joint venture with a state-owned bank. (Nikkei)
Suzuki Motor (7269 JT) - Co. unveiled its e-Sky mini EV, which offers greater energy efficiency than BYD’s Racco, ahead of its Japanese launch in November and eventual exports to Europe. (Nikkei)
Tech
Japan plans to launch an AI-powered data-sharing platform as early as FY27 to accelerate new-materials development tenfold. (Nikkei)
Other News
Japan is reportedly considering exempting gains from non-core business sales from corporate tax if companies reinvest the proceeds in acquisitions, with the proposal expected to form part of tax-reform requests due at the end of August. (Nikkei)
Japan plans to propose around JPY 100bln in funding to help domestic companies acquire undersea cable-laying ships as costs rise and Chinese competition increases. (Nikkei)
SOUTH KOREA
Hanmi Pharmaceutical (128940 KS) - Co. signed a KRW 3.2tln licensing agreement with Roche’s Genentech for an obesity drug candidate designed to reduce body fat while preserving and increasing muscle mass. (Yonhap)
Hyundai Motor (005380 KS) - Co. and its labour union tentatively reached a wage agreement providing a KRW 100k increase in monthly base pay, a performance bonus exceeding 400% of monthly salary and an additional KRW 12.5mln payment. (Yonhap)
Samsung Electronics (005930 KS) - South Korean President Lee is expected to meet Co. Chairman Lee Jae-yong this week for possible talks on major semiconductor and AI investment projects, while the Co. faces growing employee unrest over a hundredfold disparity in bonuses between its semiconductor and smartphone divisions. (Yonhap/Nikkei)
This is the standard pre-market Asia-Pacific earnings digest, a recurring feature of the reporting calendar where a heavy slate of Australian full-year and interim results lands alongside Japanese and Korean corporate news before the open. The pattern in such sessions is that index-level direction tends to come from the handful of heavyweights, here Coles, Woodside, Scentre and South32, while the long tail of small caps trades on idiosyncratic beats and misses with thin liquidity amplifying the open. The Woodside print and the dividend read across the resource and infrastructure names feed directly into the yield and commodities complex that dominates the ASX, and the gold reserve upgrade at Ramelius sits against an established pattern of reserve replacement news driving mid-tier miners. On the corporate side, the Hyundai wage settlement follows the familiar Korean cycle of union negotiation, tentative deal, ratification vote, with strike risk the historical tell if members reject the terms; the SkyCity rejection of unsolicited approaches is the classic opening move in a drawn-out approach dynamic rather than an endpoint. Worth noting are the Samsung labour unrest and the presidential meeting, since political engagement with the chaebol has historically preceded major investment announcements. The UBS target changes, particularly the deep cut on IDP Education, are of the kind that tend to gap the stock at the open regardless of the broader tape.