NAN NAN RES (01229) Issues Profit Warning, Expects Interim Loss of No More Than HK$10 Million, Shifting from Profit to Loss Year-on-Year

Stock News

Nov 19, 2025

NAN NAN RES (01229) announced that the group expects to shift from a profit of approximately HK$47.1 million for the six months ended September 30, 2024 (interim 2024), to a loss of no more than HK$10 million for the six months ended September 30, 2025 (interim 2025).

The loss is primarily attributable to a fair value change loss of approximately HK$31.7 million related to the zero-coupon convertible bonds issued by the company in 2008, amounting to HK$200 million and maturing on March 13, 2026. These bonds were designated as financial liabilities measured at fair value through profit or loss during interim 2025.

Additional contributing factors include net foreign exchange losses (compared to net gains in interim 2024) and a decline in gross profit, mainly due to increased sales costs and lower average unit selling prices in the coal mining business.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1145578891"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1145578891\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1145578891?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-19 12:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1145578891","market":"sg","top_or_hot":-1,"title":"NAN NAN RES (01229) Issues Profit Warning, Expects Interim Loss of No More Than HK$10 Million, Shifting from Profit to Loss Year-on-Year","media":"Stock News","content":"<p>NAN NAN RES (01229) announced that the group expects to shift from a profit of approximately HK$47.1 million for the six months ended September 30, 2024 (interim 2024), to a loss of no more than HK$10 million for the six months ended September 30, 2025 (interim 2025).</p>\n<p>The loss is primarily attributable to a fair value change loss of approximately HK$31.7 million related to the zero-coupon convertible bonds issued by the company in 2008, amounting to HK$200 million and maturing on March 13, 2026. These bonds were designated as financial liabilities measured at fair value through profit or loss during interim 2025.</p>\n<p>Additional contributing factors include net foreign exchange losses (compared to net gains in interim 2024) and a decline in gross profit, mainly due to increased sales costs and lower average unit selling prices in the coal mining business.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NAN NAN RES (01229) Issues Profit Warning, Expects Interim Loss of No More Than HK$10 Million, Shifting from Profit to Loss Year-on-Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNAN NAN RES (01229) Issues Profit Warning, Expects Interim Loss of No More Than HK$10 Million, Shifting from Profit to Loss Year-on-Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-11-19 12:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NAN NAN RES (01229) announced that the group expects to shift from a profit of approximately HK$47.1 million for the six months ended September 30, 2024 (interim 2024), to a loss of no more than HK$10 million for the six months ended September 30, 2025 (interim 2025).</p>\n<p>The loss is primarily attributable to a fair value change loss of approximately HK$31.7 million related to the zero-coupon convertible bonds issued by the company in 2008, amounting to HK$200 million and maturing on March 13, 2026. These bonds were designated as financial liabilities measured at fair value through profit or loss during interim 2025.</p>\n<p>Additional contributing factors include net foreign exchange losses (compared to net gains in interim 2024) and a decline in gross profit, mainly due to increased sales costs and lower average unit selling prices in the coal mining business.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1178","symbol_name":"煤与消费用燃料","start_time":0,"source_url":"","article_id":"1145578891","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1145578891","pubTimestamp":1763525413,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"NAN NAN RES (01229) announced that the group expects to shift from a profit of approximately HK$47.1 million for the six months ended September 30, 2024 (interim 2024), to a loss of no more than...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1178":"煤与消费用燃料","01229":"南南资源"},"translate_title":"楠楠RES(01229)发盈警，预计中期亏损不超1000万港元，同比由盈转亏","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01229":1},"content_text":"NAN NAN RES (01229) announced that the group expects to shift from a profit of approximately HK$47.1 million for the six months ended September 30, 2024 (interim 2024), to a loss of no more than HK$10 million for the six months ended September 30, 2025 (interim 2025).\nThe loss is primarily attributable to a fair value change loss of approximately HK$31.7 million related to the zero-coupon convertible bonds issued by the company in 2008, amounting to HK$200 million and maturing on March 13, 2026. These bonds were designated as financial liabilities measured at fair value through profit or loss during interim 2025.\nAdditional contributing factors include net foreign exchange losses (compared to net gains in interim 2024) and a decline in gross profit, mainly due to increased sales costs and lower average unit selling prices in the coal mining business.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}