North Mining Shares Reports 49% Revenue Increase to HK$925.8 Million and HK$105.8 Million Net Profit for H1 2025; EPS at HK0.56 Cents

Reuters
2025/09/26
<a href="https://laohu8.com/S/00433">North Mining</a> Shares Reports 49% Revenue Increase to HK$925.8 Million and HK$105.8 Million Net Profit for H1 2025; EPS at HK0.56 Cents

North Mining Shares Company Limited reported its unaudited financial results for the six months ended 30 June 2025. The company posted total revenue of HK$925.8 million, up from HK$621.3 million for the same period in 2024. This increase was primarily driven by HK$514.7 million in sales of molybdenum concentrate, which were not recorded in the previous period, and HK$410.9 million in sales of chemical products, compared to HK$621.3 million in the prior year. Sales of aluminium products contributed HK$0.2 million. The company recorded a net profit attributable to owners of the company of HK$70.1 million for the first half of 2025, compared to a net loss of HK$58.5 million in the first half of 2024. Earnings per share for the period were HK0.56 cents, compared to a loss per share of HK0.47 cents in the previous year. Profit from operations for the period was HK$137.7 million, reversing a loss from operations of HK$68.3 million in the first half of 2024. The group's total comprehensive income for the period amounted to HK$91.7 million, compared to a total comprehensive expense of HK$92.4 million a year earlier. General and administrative expenses increased to HK$91.7 million from HK$57.0 million, while depreciation and amortisation expenses totalled HK$112.8 million. Capital expenditures during the period reached HK$29.3 million. The company's results reflect a significant increase in sales and a return to profitability for the first half of 2025, following losses in the same period of 2024. No outlook or guidance was included in the released results.

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. North Mining Shares Company Limited published the original content used to generate this news brief on September 26, 2025, and is solely responsible for the information contained therein.

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