Nan Nan Resources Enterprise Limited (the Group) announced a projected loss of not more than HK$10.0 million for the six months ended 30 September 2025. This reflects a turnaround from the HK$47.1 million profit recorded for the same period in 2024.

The loss is primarily attributed to a fair value change in a HK$200 million zero-coupon convertible bond issued in 2008 and designated as financial liabilities at fair value through profit or loss, amounting to approximately HK$31.7 million. Additional contributing factors include a net exchange loss, elevated cost of sales, and a reduced average unit selling price for the Group’s coal mining business, leading to a lower gross profit.

The interim results for the six months ended 30 September 2025 have yet to be finalized and reviewed by the Company’s auditor or audit committee. Shareholders and potential investors are advised to refer to the forthcoming official announcement of the interim results for complete details and exercise caution when dealing in the Company’s shares.