NORTH MINING (00433) Issues Profit Alert, Anticipates Unaudited Profit Attributable to Shareholders of Approximately HK$360 Million for 2025 Fiscal Year

Stock News
03/19

NORTH MINING (00433) has announced that the group expects to record an unaudited net profit attributable to the company's shareholders of approximately HK$229 million and an unaudited profit for the year of approximately HK$360 million for the financial year ending December 31, 2025. This represents a significant turnaround from the audited net loss attributable to shareholders of approximately HK$68.49 million and the annual loss of approximately HK$249 million reported for the year ended December 31, 2024. The return to profitability is primarily attributed to the full resumption of the group's mining operations during the year, leading to substantial improvements in both production capacity and operational efficiency. The restoration of stable mining activities has had a major positive impact on the group's overall performance.

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