---
title: "APAC Resources Swings to HK$1.86 Billion Interim Profit on Reversals and Investment Gains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277218331.md"
description: "APAC Resources reported a significant turnaround for the six months ending December 31, 2025, achieving a profit of HK$1.86 billion, up from a loss of HK$309.9 million the previous year. Basic earnings per share rose to 130.21 cents, driven by a HK$1.54 billion gain and a HK$475 million net reversal of impairment. Revenue tripled to HK$466.8 million, reflecting strong operational performance. The stock is currently rated as a Hold with a price target of HK$1.50."
datetime: "2026-02-27T14:55:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277218331.md)
  - [en](https://longbridge.com/en/news/277218331.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277218331.md)
---

# APAC Resources Swings to HK$1.86 Billion Interim Profit on Reversals and Investment Gains

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APAC Resources ( (HK:1104) ) has issued an update.

APAC Resources reported a sharp turnaround for the six months ended 31 December 2025, with profit attributable to owners of the company surging to HK$1.86 billion from a loss of HK$309.9 million a year earlier. Basic earnings per share rose to 130.21 Hong Kong cents from a loss of 22.84 cents, indicating a significant recovery in shareholder returns.

The improvement was driven by robust other gains and losses swinging to a HK$1.54 billion gain, a HK$475 million net reversal of impairment on interests in associates, and stronger contribution from associates, despite higher administrative expenses. Revenue more than tripled to HK$466.8 million on increased trading of goods, lifting gross profit to HK$43.6 million and underscoring a marked strengthening in operational and investment performance for the group.

The most recent analyst rating on (HK:1104) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on APAC Resources stock, see the HK:1104 Stock Forecast page.

**More about APAC Resources**

APAC Resources Limited is a Hong Kong-listed investment and resource-focused company incorporated in Bermuda, with its shares and warrants traded under stock code 1104 and warrant code 2478. The group engages in trading of goods and interest-bearing activities, positioning itself within the broader resources and commodities-related investment space in the Asia-Pacific region.

**Average Trading Volume:** 5,063,724

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$4.52B

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