South Manganese Investment (HKG:1091) expects an attributable profit of at least HK$150 million in the first half of 2025, compared with an attributable loss of HK$162.8 million a year prior, a Tuesday Hong Kong bourse filing said.

The manganese company attributed the projected turnaround in the trading business to an optimized trade product mix, cost control, and a decline in impairment losses on financial assets.