G-RESOURCES (01051) Issues Profit Alert, Anticipates FY2025 Net Profit of Approximately $97 Million

Stock News
Mar 23

G-RESOURCES (01051) has announced that for the fiscal year ending December 31, 2025, the group expects to achieve a net profit of approximately $97 million. This represents an increase compared to the net profit of $48 million recorded for the year ending December 31, 2024. During the year, fee and commission income from the financial services business rose by about $1 million, primarily driven by an increase in trading volume and an enhanced market position following the company's advertising campaigns. The growth in net profit for the year ending December 31, 2025, is also attributed to a significant increase of approximately $70 million in fair value gains on financial assets and perpetual note investments measured at fair value through profit or loss. This increase was partially offset by a reduction of about $15 million in interest income from deposits with financial institutions.

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