APAC Resources (01104) rose nearly 8% in Hong Kong trading. By the time of writing, the stock was up 7.82% to HK$3.86, with a turnover of HK$40.5995 million. The surge follows the company's release of interim results for the six months ended December 31, 2025, on the evening of February 27. During the period, the group recorded revenue of approximately HK$467 million, a year-on-year increase of 215.81%. Profit attributable to owners of the company amounted to HK$18.6 billion, marking a turnaround from a loss in the same period last year. Basic earnings per share were 130.21 HK cents. APAC Resources attributed the growth in profit to the strong performance of its resource investment division, which contributed a segment profit of about HK$13 billion, as well as a reversal of impairment losses of approximately HK$475 million related to its interest in MGX Resources Limited (MGX, formerly Mount Gibson Iron Limited).