<ul>
<li>Nan Nan Resources posted a net loss of HK$7.43 million, swinging from profit, as revenue rose 18.63% to HK$387.97 million.     *      Gross profit slipped 4.55% to HK$146.54 million; gross margin fell 9.17 percentage points to 37.77% amid fierce local competition.     *      Loss on fair value change and modification of convertible bond designated as financial liabilities at FVPL totaled HK$65.13 million, versus a gain previously.     *      Coal sales climbed 20.13% to HK$383.93 million; coal volume rose to 4,129,753 tonnes while average selling price fell to HK$92.97/tonne.     *      IT Services generated no revenue after downsizing; cash and cash equivalents increased to HK$362.19 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nan Nan Resources Enterprise Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260623-12212587), on June 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</li>
</ul>

01229

<p>Nan Nan Resources reported a FY26 net loss of HK$7.43 million, reversing from profit, despite an 18.63% revenue increase to HK$387.97 million. Gross profit declined 4.55% due to fierce competition. A significant factor was a HK$65.13 million loss on fair value changes of convertible bonds. Coal sales volume rose 20.13%, though average prices fell. IT services ceased operations after downsizing.</p>

PUBT

Nan Nan Resources turns to FY26 net loss of HK$7.43 million; revenue rises 18.63% to HK$387.97 million