NAN NAN RES issues a profit warning, expecting annual profits of no less than HKD 80 million, a year-on-year increase
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NAN NAN RES expects a profit of no less than HKD 80 million for the fiscal year 2025, a significant increase from HKD 37.7 million in the fiscal year 2024. The main factors include significant growth in the coal mining business, with gross profit expected to reach approximately HKD 154 million; improvement in foreign exchange gains; and fair value changes in convertible bonds. Income tax expenses for the year 2025 are expected to increase to approximately HKD 31.79 million
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