APAC Resources Reports Interim Profit of HK$1.86 Billion, Swings to Profit Year-on-Year

Stock News
02/27

APAC RESOURCES (01104) has announced its interim results for the six months ended December 31, 2025. The group recorded revenue of approximately HK$467 million, representing an increase of 215.81% compared to the same period last year. Profit attributable to owners of the company was HK$1.86 billion, a turnaround from a loss in the prior year period. Basic earnings per share were HK130.21 cents. According to the announcement, the growth in profit attributable to owners was primarily due to the strong performance of the company's resource investment segment, which generated a segment profit of approximately HK$1.3 billion, alongside a reversal of an impairment loss of about HK$475 million related to its interest in MGX Resources Limited (MGX, formerly Mount Gibson Iron Limited).

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