--- title: "G-RESOURCES issues a profit warning, expecting mid-term net profit to increase to approximately USD 59 million year-on-year" type: "News" locale: "en" url: "https://longbridge.com/en/news/253442412.md" description: "G-RESOURCES expects its interim net profit for the period ending June 30, 2025, to reach approximately USD 59 million, an increase of about USD 19 million year-on-year. The growth in net profit is mainly attributed to an increase of USD 24 million in fair value gains from financial assets and perpetual notes investments, partially offset by a decrease in income from financial products and deposit interest. In addition, the fee and commission income from financial services has also increased due to a rise in transaction volume" datetime: "2025-08-18T10:32:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/253442412.md) - [en](https://longbridge.com/en/news/253442412.md) - [zh-HK](https://longbridge.com/zh-HK/news/253442412.md) --- # G-RESOURCES issues a profit warning, expecting mid-term net profit to increase to approximately USD 59 million year-on-year According to the announcement from G-RESOURCES (01051), it is expected that for the six months ending June 30, 2025, the group will achieve a net profit of approximately USD 59 million, compared to a net profit of USD 40 million for the six months ending June 30, 2024. The increase in net profit for the six months ending June 30, 2025, is mainly due to a significant increase of USD 24 million in the fair value gains of financial assets measured at fair value through profit or loss and perpetual note investments. This increase was offset by a decrease in interest income from financial products and deposits with financial institutions of USD 2 million and USD 1 million, respectively. In addition, aside from the factors leading to the increase in net profit mentioned above, the fee and commission income from financial services business increased by USD 193,000 due to the rise in trading volume during the period ### Related Stocks - [01051.HK](https://longbridge.com/en/quote/01051.HK.md) ## Related News & Research - [North Haven Private Income Fund A About 69.5% Of Each Investor's Tender Request Fulfilled](https://longbridge.com/en/news/290616575.md) - [Trump hails Iran deal but conflict continues to cast long shadow over global economy](https://longbridge.com/en/news/290349891.md) - [No job offer for UK's Streeting from Burnham, Streeting says](https://longbridge.com/en/news/290444783.md) - [Cloudbreak Pharma survey shows pinguecula patients report high burden, strong interest in prescription treatment](https://longbridge.com/en/news/290431876.md) - [Tianjin Port Development unit Tianjin Port Co signs share-issuance deal to buy Tianjin Port Group terminal assets at RMB 4.36/share](https://longbridge.com/en/news/290427431.md)